Campos Mello Advogados

Fabiano Gallo, Carolina Marcondes Sant’Angelo, Carla Steinberg and Breno Cintra, Campos Mello Advogados

Fabiano Gallo, Carolina Marcondes Sant’Angelo, Carla Steinberg and Breno Cintra, Campos Mello Advogados

The Brazilian oil and gas sector does not frequently use project financing and debt capital markets (DCM) to fund its activities unlike in other Brazilian capital-intensive sectors (for example, energy and toll roads) or in other oil markets (for example, onshore US). This results in reduced capital returns and creates difficulties for independent oil companies. Two recent regulations may change this situation.

Will 2018 bring yet more uncertainty, or will the global economy come back down to earth?