Link's memorandum is a group of three letters written by American oil geologist Walter K. Link after accepting an invitation to establish an onshore exploration program in 1954, for Petrobras, the

Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...

ian petroleum monopoly. After having completed his six-year contract, his detailed evaluation recommended that Petrobras look offshore instead. This recommendation did not go well with either Petrobras, or the local press, in which he was "''vilified mercilessly as the messenger with bad news''". After ignoring Link's advice for the following seven years, Petrobras finally did accept, and act upon, the recommendation.

References

{{Brazil-hist-stub * Petrobras