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Brazil–Europe green shipping corridors move toward commercial design

Brazil, Norway and the Netherlands are evaluating specific routes for what could become the first deep-sea green shipping corridor connecting Brazil and Europe. A feasibility study identified three priority routes: Vila do Conde–Karmøy Santos–Rotterdam Pecém–Rotterdam...

Brazil creates a new framework for critical minerals

Brazil has enacted a new legal framework for critical and strategic minerals, establishing the National Policy for Critical and Strategic Minerals and creating the National Council for the Industrialization of Critical and Strategic Minerals. The policy seeks to move...

São Paulo court caps contractual retention at 25% in a timeshare agreement on grounds of excessive burden

In a ruling reported on September 16, the 1st Civil Court of Olímpia (State of São Paulo) ordered the developer to refund 75% of the amounts paid by a buyer who sought termination of a timeshare purchase agreement. Although the penalties formally complied with the...

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Petrobras moves forward with Brazil’s CCS pilot

Petrobras moves forward with Brazil’s CCS pilot

Petrobras has contracted drilling services for wells associated with its Cabiúnas–São Tomé carbon capture and storage pilot project in Rio de Janeiro, marking another step toward the operational deployment of CCS technology in Brazil. The project is designed to...

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...

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