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
13 April 2026
Petroleum Economist analysis highlights sharp shift from crude oversupply to market deficit, with Iraq and Kuwait badly affected and key producers Saudi Arabia and the UAE also seeing output sharply lower
13 April 2026
Turkmenistan is moving ahead with a modest expansion of the giant Galkynysh field to sustain gas deliveries abroad, but persistent delays to other key pipeline projects and geopolitical risks continue to constrain its export ambitions
13 April 2026
Expensive electricity has forced out swathes of energy-intensive industry and now threatens the country’s ability to attract future investment in datacentres and the digital economy
13 April 2026
For GCC producers, the ceasefire may prove more destabilising than the war itself: exports remain constrained, and control over Hormuz has shifted in ways that could endure
