Manual on Petroleum Law in Brazil - Volume II (Portuguese Edition)

The most recent forecasts, based both on macroeconomic elements, as well as on geopolitical factors, indicate that the Petroleum Industry will continue to be one of the main generators of global energy for a long time to come, maintaining its relevance in the world energy matrix, to the extent that it includes both petroleum, which will continue to have its traditional applications for decades, and natural gas, which will be the main fossil fuel in the transition to a low carbon economy. In this context, our industry continues to evolve and modernize, making the exploration and production of hydrocarbons in deep and ultra-deep waters possible, with special mention of the already successful exploration and production in the oil province of the Brazilian Pre-salt layer, which is acknowledged by the international market as the most attractive offshore area in the world. This new exploratory frontier has brought the need to develop sophisticated equipment and technological innovations, as well as the improvement of regulatory, tax, labor, environmental and operational safety standards, together with the preparation of contracts and guarantees to encourage the participation of investors. This second Volume of Manual on Petroleum Law in Brazil covers all these themes in an objective way, providing immediate comprehension of the topics included herein.