With hopes of capitalizing on its deepwater presalt assets, Petrobras has a plateful of projects underway as it steps up presalt production.

Addressing local risks, such as vested interests and corruption, should be at the forefront of feasibility studies when determining a project’s chance of success, according to a report.

With US $250 billion on the line for oil and gas operators in Brazil over the next five years, local content laws could slow foreign investments.

A study by OFS Capital questions whether Brazil’s local content law is a development policy or additional burden.

Interest has been growing in Brazil when it comes to oil and gas development. Presalt reserves are helping to lure companies to the South American country.