There is a tangible resurgence of interest in Brazil’s upstream sector since the country’s new administration began delivering on promised regulatory changes, but some companies were ahead of the pack.

When the sector-wide depression was at its nadir, Rubens Botteri, director-president of domestic newcomer Great Oil, was spying opportunities.

In 2015, when Brazil’s onshore sector ground to a virtual halt, Great Oil was able to keep three rigs on the go for Parnaiba Gas Natural (PGN).

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