Jump to ContentJump to Main Navigation
New Order and ProgressDevelopment and Democracy in Brazil$
Users without a subscription are not able to see the full content.

Ben Ross Schneider

Print publication date: 2016

Print ISBN-13: 9780190462888

Published to Oxford Scholarship Online: June 2016

DOI: 10.1093/acprof:oso/9780190462888.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see www.oxfordscholarship.com/page/privacy-policy).date: 18 June 2019

Petrobras in the History of Offshore Oil

Petrobras in the History of Offshore Oil

Chapter:
(p.53) 3 Petrobras in the History of Offshore Oil
Source:
New Order and Progress
Author(s):

Tyler Priest

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780190462888.003.0003

This essay analyzes the evolution the Brazilian oil industry during the second half of the 20th century and focuses on the aggressive push offshore by the state-owned oil company (or national oil company, NOC), Petrobras. Unlike most other NOCs, which were created to capture rents from large oil reserves previously discovered by foreign companies, Petrobras was instilled with a mission to achieve national self-sufficiency in oil. Although a state-owned oil monopoly born out of nationalism, Petrobras's success in finding and producing oil from increasingly extreme water depths depended on adapting techniques and ideas fashioned abroad and importing high-tech expertise, equipment, and services. This essay contributes to scholarship on the political economy of NOCs by revealing the largely unacknowledged role of multinational oil service companies, contractors, and consultants in the creation and maintenance of an otherwise nationally controlled oil sector.

Keywords:   Petrobras, national oil company, offshore oil, technology, deep water, Campos Basin, Santos Basin, Lula, pre-salt, resource curse

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .