Participação de Empresas Estrangeiras e Consórcios em Leilões de Blocos Exploratórios de Petróleo e Gás no Brasil
Oil companies have a long history of cooperative arrangements. The formation of consortia for participation in projects of exploration and production is a common practice and has been seen in Brazil since 1999, when the oil sector was opened to foreign companies. The purpose of this article is to an...
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Format: | Article |
Language: | English |
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Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD)
2010-09-01
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Series: | RAC: Revista de Administração Contemporânea |
Subjects: | |
Online Access: | http://www.anpad.org.br/periodicos/arq_pdf/a_1092.pdf |
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author | Antonio Rufino da Costa Fernando Dias Lopes |
author_facet | Antonio Rufino da Costa Fernando Dias Lopes |
author_sort | Antonio Rufino da Costa |
collection | DOAJ |
description | Oil companies have a long history of cooperative arrangements. The formation of consortia for participation in projects of exploration and production is a common practice and has been seen in Brazil since 1999, when the oil sector was opened to foreign companies. The purpose of this article is to analyze the participation of foreign companies and consortia formed by companies in the bidding for exploratory blocks conducted by the Brazilian agency of oil, natural gas and biofuel [ANP]. The methodology employed is qualitative, supplemented by quantitative analysis, used to verify the existence of correlation between the shares of foreign companies and consortia and two specific variables: Brazil risk and oil prices on the international market. The findings, from a neoinstitutional perspective, point to the conformation of the Brazilian model to international standards in this economic segment, the participation of a large number of companies in the opening process, highlighting the role of Petrobras in the bid rounds, and the formation of a predominant partnership between Petrobras and Petrogal. |
first_indexed | 2024-03-12T20:05:35Z |
format | Article |
id | doaj.art-38b2a62e30f04fcfba2c04877a6f2454 |
institution | Directory Open Access Journal |
issn | 1415-6555 1982-7849 |
language | English |
last_indexed | 2024-03-12T20:05:35Z |
publishDate | 2010-09-01 |
publisher | Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD) |
record_format | Article |
series | RAC: Revista de Administração Contemporânea |
spelling | doaj.art-38b2a62e30f04fcfba2c04877a6f24542023-08-02T02:06:29ZengAssociação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD)RAC: Revista de Administração Contemporânea1415-65551982-78492010-09-01145798817Participação de Empresas Estrangeiras e Consórcios em Leilões de Blocos Exploratórios de Petróleo e Gás no BrasilAntonio Rufino da CostaFernando Dias LopesOil companies have a long history of cooperative arrangements. The formation of consortia for participation in projects of exploration and production is a common practice and has been seen in Brazil since 1999, when the oil sector was opened to foreign companies. The purpose of this article is to analyze the participation of foreign companies and consortia formed by companies in the bidding for exploratory blocks conducted by the Brazilian agency of oil, natural gas and biofuel [ANP]. The methodology employed is qualitative, supplemented by quantitative analysis, used to verify the existence of correlation between the shares of foreign companies and consortia and two specific variables: Brazil risk and oil prices on the international market. The findings, from a neoinstitutional perspective, point to the conformation of the Brazilian model to international standards in this economic segment, the participation of a large number of companies in the opening process, highlighting the role of Petrobras in the bid rounds, and the formation of a predominant partnership between Petrobras and Petrogal.http://www.anpad.org.br/periodicos/arq_pdf/a_1092.pdfconsortiainstitutional theoryoil. |
spellingShingle | Antonio Rufino da Costa Fernando Dias Lopes Participação de Empresas Estrangeiras e Consórcios em Leilões de Blocos Exploratórios de Petróleo e Gás no Brasil RAC: Revista de Administração Contemporânea consortia institutional theory oil. |
title | Participação de Empresas Estrangeiras e Consórcios em Leilões de Blocos Exploratórios de Petróleo e Gás no Brasil |
title_full | Participação de Empresas Estrangeiras e Consórcios em Leilões de Blocos Exploratórios de Petróleo e Gás no Brasil |
title_fullStr | Participação de Empresas Estrangeiras e Consórcios em Leilões de Blocos Exploratórios de Petróleo e Gás no Brasil |
title_full_unstemmed | Participação de Empresas Estrangeiras e Consórcios em Leilões de Blocos Exploratórios de Petróleo e Gás no Brasil |
title_short | Participação de Empresas Estrangeiras e Consórcios em Leilões de Blocos Exploratórios de Petróleo e Gás no Brasil |
title_sort | participacao de empresas estrangeiras e consorcios em leiloes de blocos exploratorios de petroleo e gas no brasil |
topic | consortia institutional theory oil. |
url | http://www.anpad.org.br/periodicos/arq_pdf/a_1092.pdf |
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