DELIVERY THROUGH TECHNOLOGY Parque das Conchas Project

Transcription

1 DELIVERY THROUGH TECHNOLOGY Parque das Conchas Project Use this area for cover image (height 6.5cm, width 8cm) Marco Brummelhuis Development VP Upstream Brazil 11 May

2 Disclaimer statement This presentation contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as anticipate, believe, could, estimate, expect, intend, may, plan, objectives, outlook, probably, project, will, seek, target, risks, goals, should and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this Report, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for the Group s products; (c) currency fluctuations; (d) drilling and production results; (e) reserve estimates; (f) loss of market and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including potential litigation and regulatory effects arising from recategorisation of reserves; (k) economic and financial market conditions in various countries and regions; (l) political risks, project delay or advancement, approvals and cost estimates; and (m) changes in trading conditions. All forward-looking statements contained in this presentation are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of this presentation. Neither Royal Dutch Shell nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this presentation. IMPORTANT NOTE: Although this slide pack may contain references to projects located in countries that are subject to comprehensive United States economic sanctions, no US Person has been involved in the development of any of those projects. The United States Securities and Exchange Commission (SEC) permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms in this presentation, such as resources" that the SEC's guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No and disclosure in our Forms 6-K file No, , available on the SEC website You can also obtain these forms from the SEC by calling SEC Shell Brasil Ltda 11 May

3 Outline Energy Challenge Shell Strategy Shell Brasil EP Parque das Conchas Project Closing Remarks Shell Brasil Ltda 11 May

4 Energy Challenge POPULATION GROWTH Billion people ENERGY DEMAND Gigajoule per capita primary energy USA NORTH AMERICA & EUROPE LATIN AMERICA CHINA & INDIA ASIA & OCEANIA MIDDLE EAST & AFRICA China South Korea Europe (EU15) Japan 0 India GDP per capita (PPP, ' USD) Surge in energy demand Supply will struggle to keep pace Environmental stresses are increasing Source: Shell International BV, Oxford Economics and Energy Balances of OECD and Non-OECD Countries OECD/IEA 2006 Shell Brasil Ltda 11 May

5 Shell Strategy STRATEGY ON TRACK Consistent view of industry landscape More Upstream, profitable downstream Capital discipline, portfolio approach PRIORITIES Process + personal safety Operational excellence + top quartile assets Project management + technology Prudent approach to economic downturn Source: Financial and Operational Information Shell Brasil Ltda 11 May

6 Pushing Back the frontiers offshore Cognac 1978 Bullwinkel 1988 Auger 1993 Mars Ram-Powell Bonga 2005 Ormen-Lange 2007 Ursa 1999 Gumusut-Kakap In Progress Mensa 1997 Parque das Conchas 2009 Na Kika 2003 Perdido Shell Brasil Ltda 11 May 2010

7 Shell in Brazil E&P Shell Brasil Ltda Footer: Title may be placed here or disclaimer if required. May sit up to two lines in depth. 11 May

8 Parque das Conchas (BC-10) Paste Concept Picture Here Partners: Shell 50% (Operator) Petrobras 35% ONGC 15% Located in Campos Basin, offshore Espirito Santo State Water depths: mts 16-42º API Declared commercial in Dec 05 FID reached late Oct 06 Shell Brasil Ltda 11 May

9 Parque das Conchas(BC-10) Work Locations Scotland Welding Buoyancy Norway Subsea Controls Czech Rep. Super Duplex Tubes United States Systems Engineering Umbilical Fabrication Subsea Hardware ESP s Shell Brasil Ltda Columbia Umbilical Conductors Brazil Wells Subsea Hardware Line Pipe PFR Spool Base Shore Base Water Injection Pumps Monaco FPSO Engineering OR&A Vietnam Suction Piles Singapore Hull Conversion Topsides Fab. Integration

10 Technology Firsts Subsea Separation and Boosting Steel Catenary Lazy Wave Risers High Voltage E/H Umbilicals Surface BOP Completions Shell Brasil Ltda

11 Caisson-ESP Test Facility Shell Exploration & Production Shell Brasil Ltda

12 Shell Brasil Ltda Artificial Lift Manifold #1

13 Caisson ESP Artificial Lift System MLE Splice a d 6 Caisson ESP system installed!! a-c MOBO x 5 x 5 m tons b b a a-d 7 20-c 5-a 5-c Caisson 100 m 84 tons ESP 2 x 17 stage pumps 1500 hp motors Shell Brasil Ltda 6

14 Shell Brasil Ltda Subsea 7 Spool Base Ponta do Ubu, Espírito Santo

15 Technology Making the Difference ULTRA-DEEPWATER HIGH VOLTAGE UMBILICALS Combined High Voltage (HV) power transmission First steel tube lazy wave umbilical riser suspended from a turret moored FPSO Delivering high voltage power to six 1500 hp pumps on seabed Shell Brasil Ltda BC10 Umbilical Cross Sections GIW OC1/OC2/ABW AAW/OST

16 Closing Remarks CREATING NEW HEARTLANDS FOR SHELL Investment underpinned by financial performance Technology to overcome deepwater projects SHELL COMMITTED TO BRAZIL 97 years in Brazil Parque das Conchas project delivered on time on budget Bijupira&Salema project production Over 12 wells exploration program Shell Brasil Ltda 11 May