OPPORTUNITIES AND CHALLENGES FOR OIL EXPLORATION ON THE AMAZON EQUATORIAL MARGIN

  • Author
  • Karina Cristina Caetano Farias Neves
  • Co-authors
  • Gabriel Lobato Cardoso , João Victor Marques Cardoso
  • Abstract
  • The context of intensified exploration for new reserves in Brazil, in view of the expected maturation of the pre-salt fields, sets precedents for the risk of energy insecurity. The Brazilian Equatorial Margin region, especially its Amazonian portion, plays an important role in this scenario, due to the discovery of large volumes of oil and gas in Guyana, Suriname and French Guiana, which is around 50 km from the Amapá border. This has motivated oil and gas companies to start their exploration activities in the region. However, the Foz do Amazonas Basin, the closest to the Guyana-Suriname Basin, is in an environmentally, socially, and economically sensitive region. This makes the need to map as many of the impacts associated with the project as possible, and to identify measures to mitigate negative impacts, even more relevant. This research therefore identifies the opportunities, the possible negative impacts of oil and gas exploration in the region, and the alternatives for mitigating them.

  • Keywords
  • Amazon Equatorial Margin, Foz do Amazonas Basin, Geological Carbon Storage
  • Modality
  • Comunicação oral
  • Subject Area
  • Energy and society
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  • Oil and Gas Markets and Investments
  • Energy Security and Geopolitics
  • Electricity markets
  • Energy and finance
  • Energy demand
  • Country studies
  • Energy and society
  • Energy Policy and Regulation
  • Climate Change: mitigation and adaptation
  • Disruptive innovation and energy transition
  • Energy and macroeconomics
  • Local governments
  • System integration
  • Energy and transport
  • Regional energy integration
  • LNG Markets in Latam
  • Social Dimensions of Energy Transition
  • Variable Renewable Energies
  • Distributed Energy Resources
  • System Integration, Energy Networks and Resilience
  • Energy Investment and Finance
  • Energy Market Design
  • Technology, Innovation and Policies
  • Low Carbon Hydrogen
  • Bioenergy and Biofuels
  • Energy and Development
  • New Supply Chains
  • Future of Utilities
  • Energy Efficiency
  • Energy Modeling
  • Energy and Macroeconomics
  • Energy Subsidies
  • Transportation and (e-) mobility
  • Nuclear Energy in Latam