Table of Contents

Introduction 5
Eduardo G Pereira
University of Eastern Finland;
Morais Leitão, Galvão Teles,
Soares da Silva (MLGTS)

The general principles of Brazilian law 9
Décio Pio Borges de Castro
Marcelo Viveiros de Moura
Pinheiro Neto Advogados

Governmental authorities: the CNPE, the Ministry of Mines and Energy and the ANP 27
Andrea Falcão
Schlumberger

Brazilian players: Petrobras, NOCs, IOCs and independents 39
Felipe Rodrigues Caldas Feres
Mattos Filho
Luis Antonio Menezes
Felsberg Advogados
Marcelo Romanelli
Rosneft Brasil

Concessions and the licence regime 59
Alexandre B Calmon
Daniela Ribeiro Davila
Vieira Rezende Advogados

The production sharing petroleum regime 77
Felipe Rodrigues Caldas Feres
Mattos Filho
Luis Antonio Menezes
Felsberg Advogados
Marcelo Romanelli
Rosneft Brasil

Raising capital for oil and gas projects in Brazil: joint ventures and other alternatives 87
Leonardo Miranda
CFA Advogados
José Virgilio Enei
Machado, Meyer, Sendacz e Opice
Advogados

Brazil local content: brief regulatory considerations 103
Luis Eduardo Izu
Giovani Loss
Fernando Gregio Lüdke
Mattos Filho
Eduardo G Pereira
University of Eastern Finland;
Morais Leitão, Galvão Teles,
Soares da Silva (MLGTS)

Transport and third-party access 119
Felipe Rodrigues Caldas Feres
Mattos Filho
Luis Antonio Menezes
Felsberg Advogados
Marcelo Romanelli
Rosneft Brasil

Environment 139
Fernanda Bortolini
Werner Grau Neto
Maria Christina Gueorguiev
Pinheiro Neto Advogados

Unconventional gas regulation in Brazil 147
Joisa Campanher Dutra Saraiva
Getúlio Vargas Foundation
Igor de Souza Tostes
Mattos Filho
Luis Eduardo Izu
Mattos Filho
Eduardo G Pereira
University of Eastern Finland;
Morais Leitão, Galvão Teles,
Soares da Silva (MLGTS)

Unitisation in Brazil 165
Lívia Amorim
FGV CERI
Eduardo G Pereira
University of Eastern Finland;
Morais Leitão, Galvão Teles,
Soares da Silva (MLGTS)
Guilherme Veloni
Global Geophysical

Brazilian tax aspects 181
Camila Galvão Anderi Silva
Fernando Tonanni
Machado, Meyer, Sendacz e Opice
Advogados

Decommissioning in Brazil 213
Eduardo G Pereira
University of Eastern Finland;
Morais Leitão, Galvão Teles,
Soares da Silva (MLGTS)

Finance – Part I 225
Luiz Claudio S Campos
Monique Serracelli Leiras
EY Brazil

Finance – Part II 243
Andrew Duncan
Semper Consulting Ltd

Law and jurisdiction 265
Luis Cláudio Furtado Faria
Marcelo Viveiros de Moura
Pinheiro Neto Advogados

About the authors 285