Our history

We have been operating for over 50 years in the Brazilian energy sector. Find out about our company’s most significant moments.


BP starts its activities in Brazil with the installation of its Castrol lubricant plant in Inhaúma, Rio de Janeiro, witnessing the birth of the Brazilian automobile industry. 

1970's – 1980's

BP starts to operate in the oil and gas exploration and production sector, acquiring seismic data in the Santos, Amazonas and Paraná basins and drilling four wells in the Santos Basin. 


From this year until 2005, BP operates two deepwater blocks in the Foz do Amazonas Basin, drilling three wells around 500 km north of Belém (Pará). 


BP participates in the National Program for Energy Development in States and Municipalities (PRODEEM) until 2003, supplying and installing over 1,800 solar panels in 11 states in the country’s north and northeast regions. 


Air BP’s activities begin operations in five of the country’s airports. 


Acquiring 50% of the shares in the Tropical plant in Edéia, Goiás, BP becomes the first international energy company to invest in Brazilian ethanol. 


Via Air BP, the company participates in the county’s first flight using biofuels. 

Butamax Advanced Biofuels (a partnership between DuPont and BP) inaugurates the first laboratory in Latin America exclusively dedicated to the research and development of biobutanol, located in Paulínia (São Paulo).


BP buys the company Devon Energy do Brasil, which changes its name to BP Energy do Brazil and takes on 10 oil and natural gas exploration and production concessions, including the Polvo Field.
In biofuels, the company acquires another two ethanol production plants, one in Itumbiara (Goiás) and the other in Ituiutaba (Minas Gerais), and begins plans to significantly expand its Tropical plant. 


The company starts to participate in four new concessions operated by Petrobras on the Brazilian equatorial margin. 


BP and its partners participates in the ANP’s 11th Bidding Rounds, acquiring eight new deepwater blocks in the Potiguar, Foz do Amazonas and Barreirinhas basins. 


BP Energy starts the year with a portfolio of 19 concessions in six Brazilian basins. Air BP operates in 20 airports in the country. 

The expansion of the Tropical plant is completed, doubling its productive capacity and increasing the combined capacity of its three sites from 7.5 to 10 million tons per year. 
The company becomes sponsor of the 2014 FIFA World Cup in Brazil through its Castrol brand. 

In E&P, BP closes the year with 17 concessions in five basins. 


Air BP starts operating in Vitória (Espiríto Santo) and Feira de Santana (Bahia). 

BP gains all regulatory approvals for its farm-in in 5 concessions operated by Petrobras in the Potiguar basin. The company now has 22 concessions in the country.