Current Petrobras Technology Strategy - An Overview

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Current Petrobras Technology Strategy - An Overview"

Transcription

1 Current Petrobras Technology Strategy - An Overview Brazil-Texas Chamber of Commerce May 5, 2010 Carlos Tadeu da Costa Fraga Petrobras R&D Executive Manager

2 Disclaimer The presentation may contain forecasts about future events. Such forecasts merely reflect the expectations of the Company's management. Such terms as "anticipate", "believe", "expect", "forecast", "intend", "plan", "project", "seek", "should", along with similar or analogous expressions, are used to identify such forecasts. These predictions evidently involve risks and uncertainties, whether foreseen or not by the Company. Therefore, the future results of operations may differ from current expectations, and readers must not base their expectations exclusively on the information presented herein. The Company is not obliged to update the presentation/such forecasts in light of new information or future developments. CAUTIONARY STATEMENT FOR US INVESTORS The United States Securities and Exchange Commission 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 oil and gas resources, that the SEC s guidelines strictly prohibit us from including in filings with the SEC. 2

3 Petrobras Reserves (SPE) billion boe Production million boe/d Revenues billion US$ Total CAPEX billion US$ 3

4 Petrobras CAPEX E&P Downstream Gas & Power Internacional Distribution Others CAPEX * 1 US$ 35.1 billions 25% Planned CAPEX * 2 US$ 47.3 billions * Petrobras CAPEX distribution among areas is preliminary and non-audited (USGAAP based) * Petrobras CAPEX estimated using a exchange rate of 1.87 R$/US$. 4

5 2009 CAPEX and 2010 estimated CAPEX 2009 average excluding Petrobras 2010 average excluding Petrobras Source: Evaluate Energy and Disclosed Company Reports * 2010 Petrobras CAPEX estimated using a exchange rate of 1.87 R$/US$ Petrobras CAPEX is preliminary and non-audited (USGAAP based) 5

6 Market Value (NYSE) US$ billions Dec/31/ Petrobras market value as of Dec/31/2000 US$ 26 billions(665% growth) 6

7 Business Results Technology Capacity 7

8 Petrobras Industry rank Innovation 1 Published: March 22nd,

9 INNOVATION DRIVERS Strong alignment and focus Implementation Cooperation Local capacity building 9

10 INNOVATION DRIVERS Strong alignment and focus Implementation Cooperation Local capacity building 10

11 Current Technology Strategy What and when? 11

12 TECHNOLOGY DRIVERS THE 3 KEY AXIS EXPANDING THE LIMITS New Exploratory Frontiers EOR Ultra-deep Water Pre-Salt Petrochemicals and Middle Distillates Maximization Logistics CHANGING THE MIX SUSTAINABILITY Biofuels Other Renewables CO 2 Management Water Reuse Energy Efficiency 12

13 Pre-salt 13

14 PRE-SALT GEOLOGICAL HISTORY Earth s current shape million years ago 14

15 Pre-salt rocks 15

16 HIGH-POTENTIAL PORTFOLIO IN ONE OF THE WORLD S MOST EXCITING PROVINCES Kashagan Sakhalin II Sakhalin I Thunder Horse Shah Deniz Khurais Guara Agbami Iracema Akpo Iara Jupiter Dalia Kizomba Tupi Carioca Girassol, Jaz, Rosa Parque das Baleias Kurmangazi Azadegan Anaran Development of the Pre-Salt discoveries will drive substantial production growth Circle size indicates estimated reserves 16

17 COMPETITIVE ADVANTAGE IN THE DEEPWATER Petrobras operates 23% of global deepwater production Petrobras operates 23% of global deepwater production Gross Global Operated Deepwater Production (mboe/d) MUR FPS Operators Contracted Vessels (Total 252) Petrobras Shell APC 6% StatoilHydro ExxonMobil BP Chevron Anadarko XOM Total CNOOC ConocoPhillips ENI/Agip Others FPSO Semi Spar TLP Others Source: PFC Energy Note: Estimated volumes above reflect what operators are responsible for producing, not what they keep on a net working interest or entitlement basis. Minimum water depth is 300 meters; eleven operators above account for 94% of global deepwater production in

18 PRE-SALT PROVINCE Total area of the Province: km2 Area under concession: km2 (28%) Area not under concession: km2 (72%) Area under concession with Petrobras participation : km2 (24%) 18

19 Pre-Salt Area compared to US GoM EUA 19 t

20 INNOVATION DRIVERS Strong alignment and focus Implementation Cooperation Local capacity building 20

21 Current Technology Strategy How? 21

22 RESOURCES FOR INNOVATION People Investments Infrastructure R&D Agenda 22

23 PEOPLE Total in R,D&E 1,610 M.Sc. 48% 24% D.Sc. R&D Researchers 28% Labs & Pilot Plants Technicians % B.Sc. Experience Engineering 40 35% 20 5% 4% 0 < a a 30 > 30 years 23

24 Millions of US$ Biofuels Gas & Power R&D Expenditures by Area Environment 3% 4% 10% Others 3% 12% Exploration R&D EXPENDITURES 3 year average US$ 834 millions Downstream 21% 47% Production Millions of US$ US$ millions 8 largest R&D expenditures in the energy sector ( ) % Income 5,0% 4,0% 3,0% 2,0% 1,0% A B C D E F G 24 0,0%

25 Cooperation + Local capacity building Cooperation + Local capacity building PETROBRAS INFRASTRUCTURE R&D Institutions and Universities Suppliers 25

26 Founded in 1963 PETROBRAS Current facilities (since 1972) 122,000 m2 (30 acres) Expansion (2nd semester 2010) 183,000 m2 (45 acres) BIOLUBRICANTS Fortaleza (CE) 1,600 mi BIOFUELS Guamaré Guamaré (RN) 1,550 mi FLOW ASSURANCE & PROCESSING Aracaju (SE) 1,110 mi WELL TECHNOLOGY Taquipe (BA) 990 mi CENPES Rio de Janeiro (RJ) REFINING São Mateus do Sul (PR) 560 mi Leopoldo Américo Miguez de Mello R&D Center - CENPES 26

27 BRAZILIAN R&D INSTITUTIONS AND UNIVERSITIES Legislation for R&D incentives in Brazil % Oil Royalties % of profit of large-scale production fields Oil and Gas Sectorial Fund E&P Concession Contracts of Oil and Gas Fields Petrobras R&D investments in Brazilian R&D institutions and universities Desired Situation Petrobras Strategy Conceptual model 4.5x US$ 200 milions Physical and Human Infrastructure R&D Projects Technological Services Time 27

28 R&D INSTITUTIONS AND UNIVERSITIES World-class World-classfacilities facilities 4 times the constructed area of Petrobras R&D Center Pipeline Integrity Test Facility Maritime Engine Test Facilities Heavy Oil Characterization Lab Numerical Test Tank Facility Oceanic Tank Test Facility Multi-size Inspection Pigs Lab Corrosion and Materials Test Facilities Naval Hull Modeling & Simulation Facilities Pipeline Technology Center Federal University ofof de Federal University Espírito Santo University of São Paulo Federal University of Rio de Janeiro Catholic University ofrio Rio dejaneiro Janeiro Rio de Janeiro Technological Research Institute Technology Networks 80 R&D Institutions and universities 28 US$ 200 million per year

29 SUPPLIERS - Historical partnerships with main local and international suppliers: manufacturing facilities in Brazil Pre-salt A great opportunity to explore new partnerships - Commercial - Intellectual 29

30 SUPPLIERS to have new technology centers in Brazil Rio de Janeiro Federal University Campus 30

31 RESOURCES FOR INNOVATION COOPERATION + LOCAL CAPACITY BUILDING People Investments Infrastructure R&D Agenda 31

32 The Target Petrobras Local R&D Organizations International R&D Organizations Cooperative R&D Agenda Suppliers 32

33 Final Remarks Brazilian Oil & Gas Sector Great Opportunities -Innovation -Cooperation 33

34 Thank you 34

PETROBRAS BUSINESS PLAN LUCAS TAVARES DE MELLO INVESTOR RELATIONS MANAGER APRIL, 2010

PETROBRAS BUSINESS PLAN LUCAS TAVARES DE MELLO INVESTOR RELATIONS MANAGER APRIL, 2010 PETROBRAS BUSINESS PLAN LUCAS TAVARES DE MELLO INVESTOR RELATIONS MANAGER APRIL, 1 DISCLAIMER The presentation may contain forecasts about future events. Such forecasts merely reflect the expectations

More information

INDUSTRY PERSPECTIVE PETROBRAS APPROACH TO ASPECTS OF ASSET INTEGRITY / PROCESS SAFETY

INDUSTRY PERSPECTIVE PETROBRAS APPROACH TO ASPECTS OF ASSET INTEGRITY / PROCESS SAFETY INDUSTRY PERSPECTIVE PETROBRAS APPROACH TO ASPECTS OF ASSET INTEGRITY / PROCESS SAFETY International Regulators Forum Perth, Western Australia 21-23 October 2013 Solange da Silva Guedes E&P Executive Manager

More information

Libra PSC Warming up the engines. Anelise Lara E&P Executive Manager

Libra PSC Warming up the engines. Anelise Lara E&P Executive Manager Libra PSC Warming up the engines Anelise Lara E&P Executive Manager Disclaimer Forward-looking statements: Disclaimer The presentation may contain forward-looking statements about future events within

More information

Your gateway to the Brazilian market

Your gateway to the Brazilian market Your gateway to the Brazilian market How to do Business in Brazil? A Brief Summary about the Ocean Economy Agenda Brazil Ocean Economy Oil & Gás Industry Shipbuilding Maritime Transportation Needs of Brazil

More information

Risk Analysis and Real Options in Upstream Projects The Gulf of Mexico Case

Risk Analysis and Real Options in Upstream Projects The Gulf of Mexico Case Risk Analysis and Real Options in Upstream Projects using @RISK: The Gulf of Mexico Case RAFAEL HARTKE, MSc, ERP FINANCIAL PLANNING AND RISK MANAGEMENT PETROBRAS SEPTEMBER, 2011 1 DISCLAIMER FORWARD-LOOKING

More information

Petrobras Offshore CO 2 Management Pre-salt Development

Petrobras Offshore CO 2 Management Pre-salt Development Side Event COP 20 - New large-scale Carbon Capture and Storage (CCS) projects operating in the Americas Petrobras Offshore CO 2 Management Pre-salt Development Paulo Negrais Seabra Wilson Mantonavi Grava

More information

PETROBRAS E&P Projects and Investments

PETROBRAS E&P Projects and Investments PETROBRAS E&P Projects and Investments Platts 6 th Annual Crude Oil Summit May 13-14, 2013 London, UK Dr. Antonio Cláudio F. Corrêa PETROBRAS E&P London Office acfcorrea@petrobras.com.br Disclaimer The

More information

OIL PRODUCTION IN BRAZIL: CHALLENGES AND PROSPECTS

OIL PRODUCTION IN BRAZIL: CHALLENGES AND PROSPECTS OIL PRODUCTION IN BRAZIL: CHALLENGES AND PROSPECTS Prof. Edmar de Almeida Energy Economics Group Institute of Economics Federal University of Rio de Janeiro Roundtable hosted by Center on Global Energy

More information

Procurement Policy and Critical Equipment Supply

Procurement Policy and Critical Equipment Supply Procurement Policy and Critical Equipment Supply Disclaimer FORWARD-LOOKING STATEMENTS The presentation may contain forward-looking statements about future events within the meaning of Section 27A of the

More information

NEW INVESTMENT OPPORTUNITIES IN INFRASTRUCTURE

NEW INVESTMENT OPPORTUNITIES IN INFRASTRUCTURE Associação Brasileira da Infra-estrutura e Indústrias de Base (Brazilian Association of Infrastructure and Basic Industries) NEW INVESTMENT OPPORTUNITIES IN INFRASTRUCTURE Paulo Godoy President XII Joint

More information

Brazilian Association of Offshore and Marine Construction Companies. Augusto Mendonça CEO

Brazilian Association of Offshore and Marine Construction Companies. Augusto Mendonça CEO Brazilian Association of Offshore and Marine Construction Companies Augusto Mendonça CEO About us Activity Difference SINAVAL ABENAV It is a brazilian representative entity only restricted to companies

More information

The role of ANP in promoting the technological development of the Brazilian oil, gas and biofuel industry

The role of ANP in promoting the technological development of the Brazilian oil, gas and biofuel industry NATIONAL AGENCY for OIL, NATURAL GAS and BIOFUELS The role of ANP in promoting the technological development of the Brazilian oil, gas and biofuel industry Luciana Tavares S. Almeida Specialist in Regulation

More information

PETROBRAS Strategic & Business Plan 2009-2013

PETROBRAS Strategic & Business Plan 2009-2013 PETROBRAS Strategic & Business Plan 2009-2013 Opportunities for foreign suppliers Houston, May 5 th 2009 OTC 2009 Paulo Sérgio Rodrigues Alonso D.Sc. Materials Engineering Manager 1 DISCLOSURE The presentation

More information

DELIVERY THROUGH TECHNOLOGY Parque das Conchas Project

DELIVERY THROUGH TECHNOLOGY Parque das Conchas Project 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 2010 1 Disclaimer statement This presentation

More information

Opportunities for the UK Oil & Gas Supply Chain in Brazil. Neil Golding Head of Oil & Gas The EIC. Energy Industries Council (EIC)

Opportunities for the UK Oil & Gas Supply Chain in Brazil. Neil Golding Head of Oil & Gas The EIC. Energy Industries Council (EIC) Opportunities for the UK Oil & Gas Supply Chain in Brazil Neil Golding Head of Oil & Gas The EIC Introduction Who are the EIC Overview of the Oil & Gas Industry in Brazil - The operating companies in Brazil

More information

Successful Strategy Business Portfolio Ensures Results. Mr. Fernando Henrique Schüffner Neto Chief Officer for Business Development

Successful Strategy Business Portfolio Ensures Results. Mr. Fernando Henrique Schüffner Neto Chief Officer for Business Development Successful Strategy Business Portfolio Ensures Results Mr. Fernando Henrique Schüffner Neto Chief Officer for Business Development 1 Disclaimer Some statements and estimates in this material may represent

More information

Rules of Human Resources Programs. (PRH-ANP, R&D Clause, SwB)

Rules of Human Resources Programs. (PRH-ANP, R&D Clause, SwB) Rules of Human Resources Programs (PRH-ANP, R&D Clause, SwB) Challenges of a rapidly expanding petroleum industry Elias Ramos de Souza Superintendent for Planning and Research (Brazilian) National Petroleum

More information

2013 2017 Business and Management Plan Webcast. March, 19th 2013

2013 2017 Business and Management Plan Webcast. March, 19th 2013 2013 2017 Business and Management Plan 2013 2017 Business and Management Plan Webcast March, 19th 2013 3 DISCLAIMER FORWARD-LOOKING STATEMENTS: DISCLAIMER The presentation may contain forward-looking statements

More information

PETROBRAS A BRAZILIAN ENERGY COMPANY. Luciana Rachid Executive Manager, G&E. 31st ofaugust of2009

PETROBRAS A BRAZILIAN ENERGY COMPANY. Luciana Rachid Executive Manager, G&E. 31st ofaugust of2009 PETROBRAS A BRAZILIAN ENERGY COMPANY Luciana Rachid Executive Manager, G&E 31st ofaugust of2009 DISCLAIMER The presentation may contain forecasts about future events. Such forecasts merely reflect the

More information

Brazilian Association of Offshore and Marine Construction Companies. João Azeredo Executive Director

Brazilian Association of Offshore and Marine Construction Companies. João Azeredo Executive Director Brazilian Association of Offshore and Marine Construction Companies João Azeredo Executive Director About us Activity Difference SINAVAL ABENAV It is a brazilian representative entity only restricted to

More information

Opportunities and challenges for global deepwater players

Opportunities and challenges for global deepwater players Content 66/67 Opportunities and challenges for global deepwater players An industry on the seach for new growth areas Rodolfo Guzman, Paola Carvajal, Ben Thuriaux-Alemán With fewer remaining easy-to-access

More information

LNG Business Review Global perspectives for LNG management

LNG Business Review Global perspectives for LNG management LNG Business Review Global perspectives for LNG management DECEMBER-JANUARY 2011 VOLUME 4 ISSUE 1 WWW.LNGBUSINESSREVIEW.COM Could small scale LNG be set for big growth? page 4 9 Q3 LNG supply and demand

More information

Subsea Market Overview. Anna Karra Associate Consultant 6 th of February 2013

Subsea Market Overview. Anna Karra Associate Consultant 6 th of February 2013 Subsea Market Overview Anna Karra Associate Consultant 6 th of February 2013 Presentation Contents I. Subsea Market Drivers II. Global Market Overview III. Supply Chain IV. Subsea Technologies 2 3 Subsea

More information

ANADARKO PETROLEUM CORPORATIOn

ANADARKO PETROLEUM CORPORATIOn ANADARKO PETROLEUM CORPORATIOn ANADARKO PETROLEUM CORPORATION Lucius Lighting the Way to a bright future Dec. 10, 2009 Discovery Jan. 27, 2010 May 28, 2011 Dec. 15, 2011 July 2, 2012 May 26, 2013 Jan 16,

More information

Visiongain. http://www.marketresearch.com/visiongain -v1531/ Publisher Sample

Visiongain. http://www.marketresearch.com/visiongain -v1531/ Publisher Sample Visiongain http://www.marketresearch.com/visiongain -v1531/ Publisher Sample Phone: 800.298.5699 (US) or +1.240.747.3093 or +1.240.747.3093 (Int'l) Hours: Monday - Thursday: 5:30am - 6:30pm EST Fridays:

More information

OUTLOOK 2012. Lisbon, 6 March 2008. Manuel Ferreira De Oliveira, CEO

OUTLOOK 2012. Lisbon, 6 March 2008. Manuel Ferreira De Oliveira, CEO OUTLOOK 2012 Lisbon, 6 March 2008 Manuel Ferreira De Oliveira, CEO DISCLAIMER Matters discussed in this presentation may constitute forward-looking statements. Forward-looking statements are statements

More information

Relative Efficiency and Performance in the Integrated Oil and Gas Industry

Relative Efficiency and Performance in the Integrated Oil and Gas Industry Relative Efficiency and Performance in the Integrated Oil and Gas Industry Roberto Pougy Ferreira da Cunha Edmar Luiz Fagundes de Almeida, PhD Mariana Iooty de Paiva Dias, PhD Energy Economics Group, Institute

More information

IMPROVING QUAYSIDE LOGISTICS AND

IMPROVING QUAYSIDE LOGISTICS AND IMPROVING QUAYSIDE LOGISTICS AND SUPPORT INFRASTRUCTURE IN BRAZIL APIMEC David Melo August 2014 DISCLAIMER Disclaimer This presentation contains statements that may constitute forward-looking statements,

More information

CEO LUIZ GERMANO BODANESE. Established: 1995 Area: Oil & Gas Team: 50 people. Administrative. Production and Shipping. Drilling and Intervention

CEO LUIZ GERMANO BODANESE. Established: 1995 Area: Oil & Gas Team: 50 people. Administrative. Production and Shipping. Drilling and Intervention Gaia Group CEO LUIZ GERMANO BODANESE Established: 2002 Area: Real State Team: 13 people Established: 1995 Area: Oil & Gas Team: 50 people Established: 2010 Area: Sports Team: 9 people Legal Administrative

More information

São Paulo, your business platform for Oil & Gas in Brazil

São Paulo, your business platform for Oil & Gas in Brazil São Paulo, your business platform for Oil & Gas in Brazil Brazil, a new worldwide power emerges The Brazilian oil & natural gas (O&G) industry growing production makes its importance to be increasingly

More information

Medium-Term Global Oil Outlook

Medium-Term Global Oil Outlook Medium-Term Global Oil Outlook Fifth IEA OPEC Symposium on Energy Outlooks Session Two: Industry Views Remarks by Marianne Kah Chief Economist Cautionary Statement The following presentation includes forward-looking

More information

Pernambuco Project in Brazil. Stefan Ketter

Pernambuco Project in Brazil. Stefan Ketter Pernambuco Project in Brazil Stefan Ketter Betim Plant Betim Sao Paulo Rio Over 13 million vehicles produced 1 car every 20 seconds 6 body-in-white lines, 4 assembly lines 50,000 parts 18,000 people We

More information

FIRST QUARTER 2006 RESULTS Earnings per Share Up 22.6%

FIRST QUARTER 2006 RESULTS Earnings per Share Up 22.6% PRESS RELEASE Paris, May 18, 2006 FIRST QUARTER 2006 RESULTS Earnings per Share Up 22.6% First Quarter Euros in Millions (except EPS and E/ADS) 2006 Change Backlog at March 31 11,627 7,184 + 61.8% Revenues

More information

Brazilian Pre-Salt & Libra: Overview, Initial Results & Remaining Challenges

Brazilian Pre-Salt & Libra: Overview, Initial Results & Remaining Challenges Brazilian Pre-Salt & Libra: Overview, Initial Results & Remaining Challenges Bruno Moczydlower Petrobras Libra Reservoir Manager SPE Brazil Section Chairman Disclaimer Forward-looking statements: Disclaimer

More information

Oil & Gas Capital Expenditure Outlook 2013. GDGE0020TR / Published January 2013

Oil & Gas Capital Expenditure Outlook 2013. GDGE0020TR / Published January 2013 Oil & Gas Capital Expenditure Outlook 2013 GDGE0020TR / Published January 2013 Global Oil and Gas Capital Expenditure is Expected to Increase to US$XX Billion in 2013 The global oil and gas capital expenditure

More information

Credit Suisse II Brazil Construction & Mortgage Field Trip. August 30th, 2007 SÃO PAULO

Credit Suisse II Brazil Construction & Mortgage Field Trip. August 30th, 2007 SÃO PAULO Credit Suisse II Brazil Construction & Mortgage Field Trip August 30th, 2007 SÃO PAULO Speakers Cesar Parizotto CEO Marco Parizotto Commercial Vice-president Ricardo Perpetuo CFO and IRO 2 Agenda Chapter

More information

Potential Impacts for the Brazilian Economy: Case study.

Potential Impacts for the Brazilian Economy: Case study. Potential Impacts for the Brazilian Economy: Case study. VIII Britcham International Seminar Mauro Andrade mauroandrade@deloitte.com Petroleum Services, November 2008 Sub-Salt Cluster Context Block BM-S-8

More information

Cameron Brazil Overview Embaixada da França no Brasil. June 13 th, 2011

Cameron Brazil Overview Embaixada da França no Brasil. June 13 th, 2011 Embaixada da França no Brasil June 13 th, 2011 Cameron Overview Christmas Trees Overview and Challenges Conclusions CAMERON Cameron is a leading provider of flow equipment products, systems and services

More information

NATURAL RESOURCES AND STATE PARTICIPATION

NATURAL RESOURCES AND STATE PARTICIPATION NATURAL RESOURCES AND STATE PARTICIPATION Adriano Drummond Cançado Trindade July - 2014 State Participation Strategic significance Public vested ownership Exploration+Production subject to regulation and,

More information

Earnings Release QGEP. Participações S.A. THIRD QUARTER 2015

Earnings Release QGEP. Participações S.A. THIRD QUARTER 2015 THIRD QUARTER 2015 Earnings Release QGEP Participações S.A. Conference Call English (simultaneous translation) November 12, 2015 09:00 AM (US EST) 12:00 PM (Brasília Time) Dial in Brazil: +55 11 3193-1001

More information

AGENDA: Highlights Operational Performance Stock Market Business Strategy and Outlook

AGENDA: Highlights Operational Performance Stock Market Business Strategy and Outlook 0 Disclaimer This presentation contains forward-looking statements relating to the prospects of the business, estimates for operating and financial results, and those related to Cia. Hering's growth prospects.

More information

Borsa Italiana - Nomura Italian investor conference

Borsa Italiana - Nomura Italian investor conference Borsa Italiana - Nomura Italian investor conference october 13 th, 2009 www.eni.it Disclaimer This presentation contains forward-looking statements regarding future events and the future results of Eni

More information

BUSINESS PLAN 2010-2014 Webcast. Almir Barbassa CFO STRATEGIC PLAN PETROBRAS 2020

BUSINESS PLAN 2010-2014 Webcast. Almir Barbassa CFO STRATEGIC PLAN PETROBRAS 2020 BUSINESS PLAN 2010-2014 Webcast José Sergio Gabrielli CEO Almir Barbassa CFO 1 DISCLAIMER FORWARD-LOOKING STATEMENTS: DISCLAIMER The presentation may contain forward-looking statements about future events

More information

3Q15 Conference Call. Oct. 29, 2015

3Q15 Conference Call. Oct. 29, 2015 3Q15 Conference Call Oct. 29, 2015 Cautionary Statement The following presentation includes forward-looking statements. These statements relate to future events, such as anticipated revenues, earnings,

More information

Market Overiew. Oliver Kassam. Group Director - Sales & Marketing September 19, SBM Offshore All rights reserved.

Market Overiew. Oliver Kassam. Group Director - Sales & Marketing September 19, SBM Offshore All rights reserved. Market Overiew Oliver Kassam Group Director - Sales & Marketing September 19, 201 SBM Offshore 201. All rights reserved. www.sbmoffshore.com Introduction General Market Trends & Opportunities Focus Markets

More information

Ministério de Minas e Energia. Minister Eduardo Braga. Offshore Technology Conference OTC May/2015

Ministério de Minas e Energia. Minister Eduardo Braga. Offshore Technology Conference OTC May/2015 1 Minister Eduardo Braga Offshore Technology Conference OTC May/2015 2 3 World s 7 th largest economy; Investment grade Fiscal adjustment taking place; Inflation being controlled; Large and diversified

More information

Brazilian Mission to Denmark. Brazil s Port Sector. Fernando Antonio Brito Fialho National Agency for Waterway Transportation Director-General

Brazilian Mission to Denmark. Brazil s Port Sector. Fernando Antonio Brito Fialho National Agency for Waterway Transportation Director-General Brazilian Mission to Denmark Brazil s Port Sector Fernando Antonio Brito Fialho National Agency for Waterway Transportation Director-General Denmark, January 28th, 2009 Rio de Janeiro Sao Paulo Iguassu

More information

4Q14 Conference Call. Jan. 29, 2015

4Q14 Conference Call. Jan. 29, 2015 4Q14 Conference Call Jan. 29, 2015 Cautionary Statement The following presentation includes forward-looking statements. These statements relate to future events, such as anticipated revenues, earnings,

More information

2015 SRI FIELD TRIP TO CANADA. ROYAL DUTCH SHELL September 15, 2015

2015 SRI FIELD TRIP TO CANADA. ROYAL DUTCH SHELL September 15, 2015 2015 SRI FIELD TRIP TO CANADA ROYAL DUTCH SHELL September 15, 2015 1 DEFINITIONS AND CAUTIONARY NOTE The New Lens Scenarios referred to in this presentation are part of an ongoing process used in Shell

More information

February, 18-19, Houston, Texas,

February, 18-19, Houston, Texas, February, 18-19, Houston, Texas, Achieving The Most Cost and Schedule Effective Offshore Production of Oil and Gas Marcelo Accorsi Miranda rcelo Accorsi Miranda Senior Turbomachinery Advisor 36 years of

More information

BigData & Analytics Research and Developement at Petrobras

BigData & Analytics Research and Developement at Petrobras III Fórum HBR BRASIL Big Data & Analytics BigData & Analytics Research and Developement at Petrobras Ismael H F Santos, DSc CENPES/PDEP/TOOL ismaelh@petrobras.com.br Agosto 2014 Agenda BigData and Scientific

More information

STRATEGY UPDATE - 2013. Lisbon, 5 March 2009

STRATEGY UPDATE - 2013. Lisbon, 5 March 2009 STRATEGY UPDATE - 2013 Lisbon, 5 March 2009 GALP ENERGIA IN A TRANSFORMATIONAL PHASE Working interest production Diesel production kboepd kboepd 10x 150 +40% 140 100 15 2008 Target 2008 Target Sales to

More information

HISTORY. The Company acquired Tecon Santos for a 50 years concession period (25 years renewable for another 25)

HISTORY. The Company acquired Tecon Santos for a 50 years concession period (25 years renewable for another 25) HISTORY 1997 1997 2006 2007 Santos Brasil was founded in 1997 to participate in the privatization of the Port of Santos The Company acquired Tecon Santos for a 50 years concession period (25 years renewable

More information

2Q07 Results Conference Call. August 16, 2007 I SÃO PAULO

2Q07 Results Conference Call. August 16, 2007 I SÃO PAULO 2Q07 Results Conference Call August 16, 2007 I SÃO PAULO Speakers Cesar Augusto R. Parizotto CEO Marco Antonio R. Parizotto Commercial Vice President Antonio Henrique Neves Commercial Vice-President Ricardo

More information

Rockwell Automation in Oil & Gas

Rockwell Automation in Oil & Gas Rockwell Automation in Oil & Gas November 14, 2013 Rev 5058-CO900E Copyright 2013 Rockwell Automation, Inc. All Rights Reserved. Copyright 2013 Rockwell Automation, Inc. All Rights Reserved. 2 2013 Oil

More information

March 2015 MEGATRENDS IN THE OIL AND GAS INDUSTRY

March 2015 MEGATRENDS IN THE OIL AND GAS INDUSTRY March 2015 MEGATRENDS IN THE OIL AND GAS INDUSTRY Cautionary Statement The following presentation includes forward-looking statements. These statements relate to future events, such as anticipated revenues,

More information

PDG Realty raises its stake in CHL to 50%

PDG Realty raises its stake in CHL to 50% PDG Realty raises its stake in CHL to 50% Investors Relations: Michel Wurman Investors Relations Director João Mallet Investors Relations Manager Telephone: (21) 3804 3800 E-mail: ri@pdgrealty.com.br Website:

More information

The Company acquired Tecon Santos for a 50 years concession period (25 years renewable for another 25)

The Company acquired Tecon Santos for a 50 years concession period (25 years renewable for another 25) 1 HISTORY 1997 1997 2006 2007 Santos Brasil was founded in 1997 to participate in the privatization of the Port of Santos The Company acquired Tecon Santos for a 50 years concession period (25 years renewable

More information

REMUNERATION 2015 REMUNERATION OUTCOME. ROYAL DUTCH SHELL April, 2016

REMUNERATION 2015 REMUNERATION OUTCOME. ROYAL DUTCH SHELL April, 2016 REMUNERATION 2015 REMUNERATION OUTCOME ROYAL DUTCH SHELL April, 2016 1 CAUTIONARY NOTE The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this

More information

Market Outlook on the Deepwater Subsea Sector. Marine Richard, Associate Analyst 6th February 2014

Market Outlook on the Deepwater Subsea Sector. Marine Richard, Associate Analyst 6th February 2014 Market Outlook on the Deepwater Subsea Sector Marine Richard, Associate Analyst 6th February 2014 Table of Contents I. Introduction to Infield Systems II. Global Macroeconomic Overview III. Offshore Capex

More information

December/2003. Corporate Presentation

December/2003. Corporate Presentation December/2003 Corporate Presentation General Overview 1 HIGHLIGHTS Integrated Telecom Service Provider 15.1 million wirelines in service (Dec/03) Over 4.0 million wireless subscribers (Jan/04) Region I

More information

1Q06 Earnings Results Conference Call

1Q06 Earnings Results Conference Call 1Q06 Earnings Results Conference Call 0 Forward Looking Statements Notice Information and Outlook The material shown is a presentation of general information about Rossi Residencial S.A. s record until

More information

LOCAMERICA USED CARS REVENUE

LOCAMERICA USED CARS REVENUE LOCAMERICA Locamerica is a company that specializes in customized car rental fleets for business. Our car rental company has been in the market since 13. Now we occupy the second place in the Brazilian

More information

Labs D Or Acquisition

Labs D Or Acquisition FLRY3 IBGC 2010 Corporate Governance Award Listed Companies IBGC - Brazilian Institute of Corporate Governance Labs D Or Acquisition TODOS OS DIREITOS RESERVADOS 2011 2 Disclaimer This document contains

More information

TECHNIP AT A GLANCE 2014

TECHNIP AT A GLANCE 2014 TECHNIP AT A GLANCE 2014 Unique range of activities A world leader in project management, engineering and construction for the energy industry S U B S E A OFFSHORE Subsea infrastructures, from deep to

More information

BRITISH PETROLEUM (BP) EXPANSION IN BRAZIL AND MARKETING OPPORTUNITIES: HOW BP CAN DEVELOP ITS PORTFOLIO IN THE BRAZILIAN CRUDE OIL MARKET?

BRITISH PETROLEUM (BP) EXPANSION IN BRAZIL AND MARKETING OPPORTUNITIES: HOW BP CAN DEVELOP ITS PORTFOLIO IN THE BRAZILIAN CRUDE OIL MARKET? BRITISH PETROLEUM (BP) EXPANSION IN BRAZIL AND MARKETING OPPORTUNITIES: HOW BP CAN DEVELOP ITS PORTFOLIO IN THE BRAZILIAN CRUDE OIL MARKET? Renatha Caldeira * EXECUTIVE SUMMARY: The present market study

More information

Petróleo Brasileiro S.A. Petrobras

Petróleo Brasileiro S.A. Petrobras ACE BOWNE OF NEW YORK 09/03/2010 06:46 NO MARKS NEXT PCN: 002.00.00.00 -- Page/graphics valid 09/03/2010 06:46 BNY Y86399 001.00.00.00 24 The information in this prospectus supplement and the accompanying

More information

Building on Strengths EXCERPT FROM THE 2009 SUMMARY ANNUAL REPORT

Building on Strengths EXCERPT FROM THE 2009 SUMMARY ANNUAL REPORT Building on Strengths EXCERPT FROM THE 2009 SUMMARY ANNUAL REPORT Certain disclosures in this Summary Annual Report may be considered forward-looking statements. These are made pursuant to safe harbor

More information

Main Petrobras Projects in the Growth Acceleration Plan (GAP)

Main Petrobras Projects in the Growth Acceleration Plan (GAP) Main Petrobras Projects in the Growth Acceleration Plan (GAP) (Rio de Janeiro, January 23 2007). PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa: PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA: APBR/APBRA],

More information

Subsea Market Review. Subsea 2011 February 9 10, 2011. 2011 Quest Offshore Resources, Inc. 1

Subsea Market Review. Subsea 2011 February 9 10, 2011. 2011 Quest Offshore Resources, Inc. 1 Subsea Market Review Subsea 211 February 9 1, 211 211 Quest Offshore Resources, Inc. 1 Presentation Summary Quest Offshore Recent activity and trends Forecast activity Contractor s perspective 211 Quest

More information

PRELIMINARY RESULTS SBM OFFSHORE 2007 - NEW CEO IN 2008

PRELIMINARY RESULTS SBM OFFSHORE 2007 - NEW CEO IN 2008 Press release - SBM Offshore N.V. 29 January Highlights PRELIMINARY RESULTS SBM OFFSHORE 2007 - NEW CEO IN Unaudited net profit for 2007 of US$ 267 million; Net operational profit up by 28% compared with

More information

OIL COUNCIL, AFRICA ASSEMBLY COOPERATE, ADAPT, GROW JUNE 24, 2015 GUY MAURICE PRESIDENT, TOTAL E&P AFRICA

OIL COUNCIL, AFRICA ASSEMBLY COOPERATE, ADAPT, GROW JUNE 24, 2015 GUY MAURICE PRESIDENT, TOTAL E&P AFRICA OIL COUNCIL, AFRICA ASSEMBLY COOPERATE, ADAPT, GROW JUNE 24, 2015 GUY MAURICE PRESIDENT, TOTAL E&P AFRICA OUR ENVIRONMENT IS CHANGING DRAMATICALLY Resources abundant but increasingly difficult to develop

More information

ABENGOA. 2014: Financial Review. Barbara Zubiria. 8th Annual Analyst and Investor Day. EVP, Capital Markets & IR

ABENGOA. 2014: Financial Review. Barbara Zubiria. 8th Annual Analyst and Investor Day. EVP, Capital Markets & IR Innovative Technology Solutions for Sustainability ABENGOA 2014: Financial Review Barbara Zubiria EVP, Capital Markets & IR 8th Annual Analyst and Investor Day April 3 & 4, 2014 Forward-looking Statement

More information

MODEC, Inc. Mid-term Business Plan 2017. May 2015

MODEC, Inc. Mid-term Business Plan 2017. May 2015 MODEC, Inc. Mid-term Business Plan 2017 May 2015 Table of Contents 1. Review of previous Mid-term Business Plan (2012-2014) 2. Environment analysis for the next three years 3. Countermeasures and strategies

More information

5th Brazil Infrastructure Investments Forum Cesar Cunha Campos

5th Brazil Infrastructure Investments Forum Cesar Cunha Campos 5th Brazil Infrastructure Investments Forum Cesar Cunha Campos Director, FGV Projetos diretoria.fgvprojetos@fgv.br New York, November 2014 Ports - Railways - Airports - Public-Private Partnerships (PPP/P3):

More information

Johan Sverdrup Development

Johan Sverdrup Development Johan Sverdrup Development WF12033 p00 06.16 June 2016 Key Facts Discovered by Lundin Petroleum in 2010 140 km offshore west coast of Norway in 110 120 metres of water Fifth largest oil discovery made

More information

Low Price Environment and the Impact on Unconventional Resource Developments

Low Price Environment and the Impact on Unconventional Resource Developments Low Price Environment and the Impact on Unconventional Resource Developments Mark Nelson Vice President Commercial & Communications ConocoPhillips China October 16, 2015 Cautionary Statement The following

More information

Brazil Last Updated: Feb. 28, 2012

Brazil Last Updated: Feb. 28, 2012 Page 1 of 10 Brazil Last Updated: Feb. 28, 2012 Brazil has experienced rapidly expanding oil, natural gas, and electricity consumption in recent years. Background Brazil is the ninth largest energy consumer

More information

Brazil Economic Overview

Brazil Economic Overview Brazil Economic Overview Brazilian American Chamber of Commerce of Florida Alexandre Tombini Governor March 26, 2012 1 Brazil Brazil is among the largest countries in terms of territory, population and

More information

Help Shape the Future of Energy as an Engineer at Chevron

Help Shape the Future of Energy as an Engineer at Chevron Help Shape the Future of Energy as an Engineer at Chevron Chevron is one of the world s leading integrated energy companies. Our success is driven by our people and their commitment to get results the

More information

What would you like to talk about? Background fast and furious:

What would you like to talk about? Background fast and furious: Seminar Outline What would you like to talk about? Background fast and furious: Brief bio and personal job experience Jobs in the Oil Patch through a Chevron lense Q&A Paul Henshaw: Short Bio Education:

More information

Economic Impacts o fthe Shale Revolution in North America. Mark Nelson OGIF Xian, P. R. China September 25 th, 2013

Economic Impacts o fthe Shale Revolution in North America. Mark Nelson OGIF Xian, P. R. China September 25 th, 2013 Economic Impacts o fthe Shale Revolution in North America Mark Nelson OGIF Xian, P. R. China September 25 th, 2013 Cautionary Statement The following presentation includes forward looking statements. These

More information

ANADARKO ANNOUNCES FIRST-QUARTER 2015 RESULTS

ANADARKO ANNOUNCES FIRST-QUARTER 2015 RESULTS 1 NEWS ANADARKO ANNOUNCES FIRST-QUARTER 2015 RESULTS Increases Midpoint of Full-Year Sales-Volume Guidance by 5 Million BOE HOUSTON, May 4, 2015 (NYSE: APC) today announced its financial and operating

More information

! 1! Writer Frank P. Neuhaus Founder and director of imanagementbrazil Ltda. São Paulo, Rio de Janeiro - Brazil

! 1! Writer Frank P. Neuhaus Founder and director of imanagementbrazil Ltda. São Paulo, Rio de Janeiro - Brazil New local content rules for the Brazilian offshore oil exploration sector and the challenges for the next decades in the ultra- deepwater pre- salt layers Writer Frank P. Neuhaus Founder and director of

More information

Presentation to SHAREHOLDERS AND INVESTORS. Energy and Growth, a win-win Combination November 2013

Presentation to SHAREHOLDERS AND INVESTORS. Energy and Growth, a win-win Combination November 2013 Presentation to SHAREHOLDERS AND INVESTORS Energy and Growth, a win-win Combination November 2013 Disclaimer This presentation may contain forward-looking statements, Such statements are not statements

More information

HESS CORPORATION. Lean Leads the Way in a Low-Cost Environment

HESS CORPORATION. Lean Leads the Way in a Low-Cost Environment HESS CORPORATION Lean Leads the Way in a Low-Cost Environment September 17, 2015 Forward-looking statements & other information This presentation contains projections and other forward-looking statements

More information

Agenda. Historical Tecon Santos Mesquita CONVICON Tecon Imbituba Financial Highlights Bagres Port. of Santos Expansion Corporate Governance

Agenda. Historical Tecon Santos Mesquita CONVICON Tecon Imbituba Financial Highlights Bagres Port. of Santos Expansion Corporate Governance 1 Agenda Historical Tecon Santos Mesquita CONVICON Tecon Imbituba Financial Highlights Barnabé-Bagres Bagres Port of Santos Expansion Corporate Governance 2 Historical Santos Brasil was founded in 1997

More information

ABENGOA. Bioenergy Outlook. Javier Garoz. 8th Annual Analyst and Investor Day. Chief Executive Officer, Abengoa Bioenergy

ABENGOA. Bioenergy Outlook. Javier Garoz. 8th Annual Analyst and Investor Day. Chief Executive Officer, Abengoa Bioenergy Innovative Technology Solutions for Sustainability ABENGOA Bioenergy Outlook Javier Garoz 8th Annual Analyst and Investor Day Chief Executive Officer, Abengoa Bioenergy April 3 & 4, 2014 Forward-looking

More information

Financial Overview. Olivier Dubois. Investor Presentation. President and CFO. Paris, October 17, 2007 - New York, October 19, 2007

Financial Overview. Olivier Dubois. Investor Presentation. President and CFO. Paris, October 17, 2007 - New York, October 19, 2007 Financial Overview Olivier Dubois President and CFO Investor Presentation Paris, October 17, 2007 - New York, October 19, 2007 Current situation 2 Technip financial statements FULL YEAR FIRST SEMESTER

More information

PETROBRAS Update. November2014

PETROBRAS Update. November2014 PETROBRAS Update November2014 DISCLAIMER FORWARD-LOOKING STATEMENTS: DISCLAIMER The presentation may contain forward-looking statements about future events within the meaning of Section 27A of the Securities

More information

BRAZILIAN NATURAL GAS INDUSTRY: CHALLENGES AND PROSPECTS

BRAZILIAN NATURAL GAS INDUSTRY: CHALLENGES AND PROSPECTS BRAZILIAN NATURAL GAS INDUSTRY: CHALLENGES AND PROSPECTS Prof. Marcelo Colomer Energy Economics Group Institute of Economics Federal University of Rio de Janeiro Roundtable hosted by Center on Global Energy

More information

Brasil Round 9 Espírito Santo Basin. ANP Bid Areas Department

Brasil Round 9 Espírito Santo Basin. ANP Bid Areas Department Brasil Round 9 Espírito Santo Basin Eliane Petersohn,, M.Sc Geologist ANP Bid Areas Department Location Mucuri Basin Espírito Santo Basin Campos Basin Boundaries Bahia State Abrolhos Volcanic Complex Mucuri

More information

THE PRE-SALT PETROLEUM DISCOVERY OFFSHORE BRAZIL: WHAT MARKETING OPPORTUNITY DOES THIS CREATE FOR BRITISH OIL AND GAS COMPANY, BG GROUP?

THE PRE-SALT PETROLEUM DISCOVERY OFFSHORE BRAZIL: WHAT MARKETING OPPORTUNITY DOES THIS CREATE FOR BRITISH OIL AND GAS COMPANY, BG GROUP? THE PRE-SALT PETROLEUM DISCOVERY OFFSHORE BRAZIL: WHAT MARKETING OPPORTUNITY DOES THIS CREATE FOR BRITISH OIL AND GAS COMPANY, BG GROUP? Sally Vinod Khatumal 1 ABSTRACT:The Terms of Reference (TOR) of

More information

Road Safety ROAD SAFETY

Road Safety ROAD SAFETY Road Safety 1 ROAD SAFETY Our staff and contractors drive around 1.1 billion kilometres each year: to deliver products to our customers or keep our operations running. That s equivalent to driving about

More information

ANADARKO PETROLEUM CORPORATION. Al Walker President and Chief Operating Officer. www.anadarko.com NYSE: APC

ANADARKO PETROLEUM CORPORATION. Al Walker President and Chief Operating Officer. www.anadarko.com NYSE: APC www.anadarko.com NYSE: APC ANADARKO PETROLEUM CORPORATION INVESTOR RELATIONS CONTACTS: John Colglazier Vice President 832/636-2306 Clay Gaspar Manager 832/636-2541 Wayne Rodrigs Manager 832/636-2305 Al

More information

1Q14 CONFERENCE CALL. Jeff Sheets, EVP, Finance & CFO Matt Fox, EVP, Exploration & Production. May 1, 2014

1Q14 CONFERENCE CALL. Jeff Sheets, EVP, Finance & CFO Matt Fox, EVP, Exploration & Production. May 1, 2014 1Q14 CONFERENCE CALL Jeff Sheets, EVP, Finance & CFO Matt Fox, EVP, Exploration & Production May 1, 2014 Cautionary Statement The following presentation includes forward-looking statements. These statements

More information

Projects. June Quad 204, North Sea Glen Lyon FPSO in tow 1

Projects. June Quad 204, North Sea Glen Lyon FPSO in tow 1 Projects June 2016 Quad 204, North Sea Glen Lyon FPSO in tow 1 Track record of project delivery 2014 2016 Major projects start-ups Matt to provide pic 2014 2015 2016 Chirag Oil Mars B NaKika Phase 3 Atlantis

More information

Socially Responsible Investor Update Call

Socially Responsible Investor Update Call Socially Responsible Investor Update Call Luka Mucic, Chief Financial Officer and Member of the Executive Board of SAP SE March 23, 2015 2015 SAP SE. All rights reserved. Safe Harbor Statement Any statements

More information

SPARTAN ENERGY CORP. ANNOUNCES TWO CONSOLIDATING SOUTHEAST SASKATCHEWAN LIGHT OIL ACQUISITIONS AND BANK LINE REDETERMINATION

SPARTAN ENERGY CORP. ANNOUNCES TWO CONSOLIDATING SOUTHEAST SASKATCHEWAN LIGHT OIL ACQUISITIONS AND BANK LINE REDETERMINATION Suite 500, 850 2 nd Street SW Calgary, AB T2P 0R8 Canada Ph.: (403) 355-8920 Fax: (403) 355-2779 SPARTAN ENERGY CORP. ANNOUNCES TWO CONSOLIDATING SOUTHEAST SASKATCHEWAN LIGHT OIL ACQUISITIONS AND BANK

More information

Third Quarter 2015 Swift Energy Company November 5, 2015

Third Quarter 2015 Swift Energy Company November 5, 2015 Third Quarter 2015 Swift Energy Company November 5, 2015 Forward Looking Statements The material included herein which is not historical fact constitutes forward-looking statements within the meaning of

More information