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Tax treatment of offshore accommodation units gains clarity

Tax treatment of offshore accommodation units gains clarity

Petrobras obtained a favorable judicial decision concerning taxation on the importation of flotels — offshore accommodation units used to house personnel during offshore operations. The dispute involved whether such units should be treated as vessels for purposes of...

Equatorial margin could reshape Brazil’s offshore logistics map

Equatorial margin could reshape Brazil’s offshore logistics map

Transpetro is assessing whether a new logistics base in Northern Brazil may become necessary as Petrobras advances its activities in the Equatorial Margin. According to Transpetro President Sérgio Bacci, the company is evaluating the potential need for infrastructure...

Submarine cables become a maritime security issue

Submarine cables become a maritime security issue

Submarine cables carry the vast majority of international data traffic and have become increasingly relevant to national security as incidents involving accidental and potentially intentional damage rise globally. Brazil has particular exposure because a significant...