Gabriel Marcuzzo do Canto Cavalheiro
Instituto Nacional da Propriedade Industrial (INPI) Brazil
Title: Examining the impact of the pre-salt discovery on drilling fluids patent applications in Brazil
Biography
Biography: Gabriel Marcuzzo do Canto Cavalheiro
Abstract
With the discovery of the Pre-Salt reserves, the exploration of oil and gas is being extended to great depths in Brazil, thereby generating increasing demand for drilling capabilities. This study examines the impact of this discovery accomplished by Petróleo Brasileiro S.A. (Petrobras) on patent applications in Brazil associated with drilling fluid technologies. Then, this article provides empirical evidence that the pre-salt discovery significantly affected patent strategizing of Multi-Nationals Companies (MNCs) operating in the upstream oil and gas industry.