CRE-Brazil Comments on IBAMA Seismic Guidelines
The Brazilian Institute for Environment and Natural Renewable Resources ("IBAMA") recently published draft guidelines for oil and gas seismic operations offshore of Brazil. CRE's affiliate, CRE-Brazil, has filed comments on the IBAMA Guidelines. These guidelines are important because, as CRE-Brazil explains, "The impact of the guidelines on the development of recently discovered petroleum reserves could be severe."