Presentation - Brazil-US Business Council
Presentation - Brazil-US Business Council
Presentation - Brazil-US Business Council
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Oil<br />
Exploration modeling<br />
How it<br />
works?<br />
Concession Regime<br />
- Concessionaries pay through<br />
exploration, assuming the risks &<br />
own the production<br />
Sharing Regime<br />
- The State is the owner of the oil<br />
and gas production<br />
Who<br />
explores?<br />
- Winner of the auction: who pays<br />
the highest bid<br />
- Winner of the auction: who<br />
grants the biggest share to the<br />
State<br />
Who<br />
operates?<br />
- Any participant of the winning<br />
consortium<br />
- Petrobras will the only operator
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