Brazilian independents are expected to see substantial growth over the next decade
Brazilian indies enter rapid production growth phase
M&A activity may have slowed in recent months, but turbocharging production is the new goal for the country’s emerging independents
Brazil’s expanding roster of independent E&Ps are having a strong year. Production is rising, their portfolios are growing rapidly due to NOC Petrobras’ divestment drive and substantial growth is expected over the next decade. Cherry-picking non-core and maturing assets is just the beginning for the country’s indies. And while consolidation may have stalled, the immediate priority for firms is reversing production declines and kickstarting capex on upstream revitalisation. “Some Brazilian indies managed to increase production in the last quarter, and this is likely to continue to be the case in the coming months, as these companies are now reaping the benefits of ongoing workover program
Also in this section
19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny
