Alvopetro has a growing portfolio in the northeast state of Bahia
Alvopetro eyes expanding Brazilian gas market
The company has plenty of onshore growth opportunities to match its midstream capacity and increase its stake in the country’s upstream
Calgary-based Alvopetro may not have cracked Brazil’s top-ten largest oil and gas producers just yet. But the firm is the first independent to sell directly to local gas distribution and has a backlog of upstream and midstream growth prospects to draw upon. The company operates in Brazil’s oldest producing basin—the onshore and deepwater Reconcavo basin in the northeast of the country—and since splitting from Colombia-focused Petrominerales in 2013 has cherrypicked blocks in the basin over five licensing rounds. “Cabure is a very high-value asset, especially for a gas asset, given the high price realised” Kapadia, Hannam & Partners Production growth from the flagship onshore
Also in this section
11 February 2026
Panellists from three LNG buyers at LNG2026 in Doha outlined their evolving procurement strategies as they navigate heightened market volatility
11 February 2026
North African producer plans to boost output by early 2030, with Europe its number one priority as export destination
11 February 2026
Maritime leaders at LNG2026 warned of the dangers of over-regulation on competitiveness, sustainability and innovation
10 February 2026
The country has opened bidding on 50 blocks in a new licensing round but will face competition for attention and will need to address concerns about security and legislation
