We are happy to launch our Doing Business in Brazil guide, focusing in the oil and gas sector in Brazil. It covers some relevant legal issues foreign investors need to consider in their plans to start a business in Brazil, such as oil and gas specific regulatory, tax and labor issues, as well as corporate […]Continue reading
The contract has a social function, and it is up to the public authorities to prevent any type of contractual imbalance caused by an unpredictable and/or inevitable event that may generate excessive burden to one of the contractors.Brazilian law enshrines the principle of exoneration due to non-imputability, as provided in Article 393 of the Civil Code: “The […]Continue reading
Decomissioning of facilities is a big challenge for the Brazilian oil and natural gas industry. The beginning of the production occurred in 1940 in onshore fields and in the late 1960`s for the maritime, and the fields that start its exploitation in 1998 (bid “o”) has rigs operating for over than 25 years, in its […]Continue reading
Published at TN Petroleum Magazine in 05/28/2018 Decree 2.745/1998 simplified Petrobras’ procurement processes, bringing the required agility to compete in a market that became competitive after the opening of the oil and gas sector to the private sector, with the advent of Law 9.478/1997 (The Petroleum Law). After almost 20 years of the simplified regime, […]Continue reading
By Julia Mota From April 2, Petrobras Rio Unit has started procurement of goods and services under the new legal system – Law 13.303/16, and from May 15 all Petrobras units in Brazil will also be running under the new rules. See below a summary of the process: Step 1 – Vendors List Registration Foreign […]Continue reading
by Julia Mota, published at TN Petroleum Magazine in 03/09/2018 The RLCP – Petrobras’ Bids and Contracts Regulation was published on January 15, 2018, in compliance with Law 13.303/16 (State Companies Law), and is already governing bids – as a pilot – in Espirito Santo unit. As of April 2, the unit of Rio de […]Continue reading
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