The document discusses the oil and gas industry and opportunities in Brazil, presented by Claudio A. Pinho on October 23, 2013. It provides information on Brazil's regulatory framework for oil and gas, bidding rounds conducted by ANP, opportunities for suppliers, the current scenario and perspectives, offshore infrastructure including an offshore nautical hub, local content policies, and challenges for doing business in Brazil such as bureaucracy, taxes, and local content requirements.
17. Challenges
✓ Implicit costs of doing business in Brazil (“Custo Brasil”)
requires intimate local knowledge
✓ Government bureaucracy
✓ Employee benefits and labor legislation
✓ Environmental laws
✓ Complicated, layered tax system
✓ Complex tariffs and customs regime
✓ Logistical infrastructure under stress due to
sustainable growth
✓ Complex legal system
✓ Local content requirements
Claudio A. Pinho