Brazil overview Nelson Silva Senior Vice President
Brazil overview Key messages Supportive government and positive macro-economic backdrop Santos Basin a key contributor to Brazilian development Resources and capability to deliver this are in place and growing BG Brasil an…
Political and economic overview
Brazil overview Brazil overview Federal Republic 26 states 1 federal district 5 566 municipalities Consolidated democracy 6th largest economy in the world Stable macroeconomic fundamentals Attractive investment…
Brazil overview Political overview Dilma Rousseff elected president in 2010 Former Minister of Mines and Energy & Chair of Petrobras Continuation of PT (labour party) and smooth transition from Lula Fiscal and monetary policy…
Brazil overview BG Group Strong political relationships Guido Mantega Dilma Rousseff Petrobras Chairman President Michel Temer Vice-president Edison Lobo Izabella Teixeira Marco Antnio Fernando Pimentel Jos Eduardo Antonio…
Brazil overview Macroeconomic resilience Public sector debt (% GDP) Favourable position despite global recession 60.4 54.8 Improving fiscal scenario 52 50.6 48.4 47.3 45.5 42.8 40.2 Reduction of GDP/debt ratio 38.5 38.2* Strong…
Brazilian oil and gas industry
Brazil overview ANP licensing round results Concessions awarded Concession model attracted IOCs 300 BM-S-9, 10 and 11 awarded in Round 2 200 Government committed to contract sanctity 100 0 Local content higher in later rounds…
Brazil overview Fiscal stability Comparison of government take Key to continue attracting investments in oil & gas industry Maintaining credibility 86% 86% Retaining investor confidence 61% 57% 54% 51% Government take in line with…
BG Brasil
Brazil overview Long-term presence in Brazil 1994 1999 2000 2006 2008 2009 2010 2011 2011 BG Group opens Bolivia-Brazil gas Comgs reaches office in Brazil in pipeline start-up one million relation to Cost: 2.2 bn Successful…
Brazil overview Comgs BG Group a controlling shareholder Concession area 29.2 million population 25% share of GDP 35% share of energy consumption Largest natural gas distributor in Brazil Significant growth since 1999 3.7x…
Brazil overview Asset leadership team Nelson Silva President Fernando Salek Jos Magela Bernardes Steve Ollerearnshaw Marcelo Menicucci Luis Domenech VP Finance, IT, Technical General Manager VP Projects4 VP Commercial and…
Petrobras Key BG Group partner
Brazil overview Petrobras key stakeholders Maria das Graas Silva Foster Chief Executive Jos Formigli Almir Barbassa E&P Director CFO Mrio Carminatti Tuerte Rolim Jos Roque Exploration Pre-salt Executive Manager Well…
Brazil overview Petrobras pride of Brazil National champion in the oil & gas sector Unsurpassed in Brazilian oil industry know-how Pride, competence and technology Talented professionals Rigorous recruitment process at entry level…
Brazil overview Petrobras deep-water expertise Deepwater production gross Worlds largest operator of deep-water global operated facilities BG Group Petrobras 4% 20% More FPSO projects than any other company 40 years experience in…
Brazil overview Key messages Supportive government and positive macro-economic backdrop Santos Basin a key contributor to Brazilian development Resources and capability to deliver this are in place and growing BG Brasil an…