Brazil is one of the world’s foremost Oil and Gas leaders. The previously “closed” economy is now open to the world thanks to new local content policy and regulations set in place.
Here we explore the latest local content updates and what it means for the international market in regard to project execution models and working with local teams.
We also talk with Pietro Ferreira, Senior Regional Analyst at the Energy Industries Council’s (EIC) regional office in Rio de Janeiro about his take on the local content requirements and regulatory changes occurring in Brazil.
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