This comprehensive course on Financial & Fiscal Aspects of Oil & Gas Projects in Brazil provides an in-depth examination of the petroleum fiscal frameworks governing both Production Sharing Contracts (PSCs) and Concession regimes in the Brazilian upstream sector. The program covers the complete spectrum of petroleum economics and fiscal payments, including bonuses, royalties, corporate income tax, production sharing mechanisms, and special resource rent payments, while exploring how these fiscal terms impact project economics and commercial decision-making. Participants will gain detailed insights into Brazil's specific regulatory environment, including local content requirements, acreage allocation practices, and the competitiveness of Brazilian fiscal terms across different operational contexts (onshore, shallow water, deep water, and ultra-deep water). The course also addresses contemporary challenges facing the industry, particularly the impact of energy transition on oil and gas projects, covering carbon pricing mechanisms, CCUS (Carbon Capture, Utilisation and Storage), renewable energy integration, hydrogen production, and how upstream fiscal policies are adapting to support

decarbonisation efforts while maintaining economic viability for petroleum projects.

Participants will develop a solid understanding of Brazil’s upstream petroleum fiscal frameworks, including the structure and application of Production Sharing Contracts and Concession regimes. They will learn how key fiscal instruments—such as royalties, bonuses, corporate income tax, cost recovery mechanisms, and special resource rent systems—shape project economics and investment decisions. The course also aims to build competence in evaluating government take, comparing fiscal competitiveness across onshore and offshore environments, and assessing how regulatory factors like local content, bidding structures, and administrative requirements affect project viability. Additionally, learners will gain insight into emerging energy-transition policies, including carbon pricing, CCUS, renewable integration, and fiscal adaptations for low-carbon development within Brazil’s upstream sector.

This course is designed for professionals involved in upstream oil and gas project development, financial evaluation, and regulatory compliance in Brazil or comparable jurisdictions. It is particularly suited for petroleum economists, fiscal analysts, government regulators, financial planners, contract negotiators, asset managers, and legal advisers working with Production Sharing Contracts or Concession frameworks. Executives and decision-makers responsible for investment appraisal, portfolio strategy, or navigating Brazil’s fiscal and regulatory landscape will also find the programme valuable. In addition, specialists dealing with energy transition policies—including carbon pricing, CCUS, renewable integration, and hydrogen initiatives—will benefit from the course’s dedicated focus on how these emerging elements interact with upstream fiscal terms.