PETROBRAS A NEW ROLE IN THE GAME Mr. Jos Sergio Gabrielli CEO October 26th, 2009 October, 2009 1
DISCLAIMER The presentation may contain forecasts CAUTIONARY STATEMENT about future events. Such forecasts merely FOR US INVESTORS reflect the expectations of the Company's management. Such terms as anticipate, The United States…
COMPETITIVE POSITIONING AMONG PEERS Market Value as of October 12, 2009 337.0 199.6 (US bn) 176.0 164.5 147.7 141.6 CAPEX 1H09 vs. 1H08 102.5 76.2 75.9 20% 18% XOM PBR RDS BP CVX TOT ENI COP STL 11% Source: Bloomberg…
HIGH EQUITY TURNOVER AND DIVERSIFIED SHAREHOLDER BASE Shareholder Base Turnover NYSE & Bovespa (Daily Average Turnover) (% category and USMM) 9,5% Foreign 20,3% 10,9% 26,4% 31,2% 29,5% 37,4% Turnover 2009YTD/2005 = 512%…
BUSINESS PLAN 2009-2013 2,270 3,012 OIL AND GAS PRODUCTION REFINING CAPACITY 5,729 (Thousand boe/d) Premium I 7.5% a.a. 223 (Thousand bpd)) 600 Th. bpd . 6% a.a 409 2010: 43 TH. BPD and Premium II 3,655 1,177 2011: 255 TH. BPD…
CURRENT INTERNATIONAL PRESENCE Exploration & Production Energy Refining Gas sector activities Distribution Representative office Commercialization Cooperation agreement Operations in Expanding activities in America, 27…
PRE SALT REGION: A PROMISING FUTURE The big blue area represents the expected Pre-salt location, with great potential for oil presence Currently, Campos basin is responsible for 87% of the Companies' total production, however, when…
ENHANCING RESERVES Santos Pre-Salt announced recoverable volumes, can almost double Brazilian reserves. mi boe 25-30 bn boe 30,000 25,000 20,000 15,000 Higher estimates +5,400 10,000 5,000 14,093 Lower estimates…
PURSUING NEW PROJECTS WHILE MAXIMIZING PRODUCTION FROM EXISTING ASSETS Petrobras Total Production (x 1000 boe/d) 5,729 223 7.5% p.y. 409 1.177 3,655 5.6% p.y. 8.8% p.y. 131 2,758 210 634 2,400 103 2,217 2,297 2,301 142…
DEVELOPMENT STRATEGY Scenario for the Pre-Salt Several blocks Operational Similar geological acquired at the Partnerships characteristics same period Operational Partnerships Challenging Water depth, shore distance, salt…
COMMERCIAL CHALLENGES Take advantage of possible synergies and scale to pursue cost reduction Local content current successful examples: Supply vessel construction Subsea equipment Tubulars Motors, Valves etc Repeatability and…
USING CONTRACTS AND LEASES TO SECURE NEEDED DRILLING ASSETS AND FPSOS Water Depth 2008 2009 2010 2011 2012 2013 - 2018 0-999m 11 1 1000- 18 2 1999m 2000m 5 5 9 6 + 28 to be leased Total per 34 7 9* 7 9 28** year Rigs…
NEW EQUIPMENT TO BE CONTRACTED Items Un. TOTAL Items Un. TOTAL Wet Christmas Tree un 500 Pumps un 8.000 Well Head un 500 Compressors un 700 Flexible Lines km 4.000 Winch un 450 Manifolds un 30 Crane un 200 Producing pipes t 42.000…
TECHNOLOGICAL INNOVATION FOR THE NEXT DECADES PETROBRAS RESEARCH CENTER Partnership with over 120 universities and research centers in Brazil, and 70 Institutions abroad. Investments in Technology Technological programs…
MANAGING RESERVOIR UNCERTAINTIES Reservoir Quality Predictability - best EOR method Subsea Layout Production System Integrity Flexible FPSOs Topsides CO2 Processing & Handling Flow Assurance 16
Santos Pre-Salt ACCELERATED Cluster PROJECT Vs. Campos DEVELOPMENT Basin PRE SALT RESERVE DEVELOPMENT USING FAST TRACK PROJECTS - EXPECTED RESULTS: Anticipation of revenues Revenue Anticipation; Possible optimized Possible…
PETROBRAS: GLOBAL PRESENCE IN THE BIOFUEL SEGMENT BIOFUELS CAPEX 2009-2013 US 2.8 BILLION 16% Ethanol Biodiesel 84% Ethanol Exports (thousand m) Brazilian Biodiesel Market and 4,5 (thousand m) Petrobras Production…
ETHANOL: ANOTHER GOOD OPPORTUNITY TO BECAME A GLOBAL PLAYER North and Europe CURRENT MARKET DISTRIBUTION OF WORLD CONSUMPTION Central America 37% Brazil 9.8% Ethanol global market is 46.5 Billions Liters Ethanol as a Fuel is 30.6…
FUEL ETHANOL USE AROUND THE WORLD Ethanol blending Existing programmes Programmes under implementation No ethanol blending 20 Source: IFQC, 2007
COMPETITIVE BRAZILIAN ETHANOL Production Costs US / B a rre l 15 4 US / B a rrel US / B a rre l US / B arre l US / B arre l 75 51 46 32 EU (cereals) USA (Corn) Australia (Sugar Thailand (Sugar Brazil (Sugar Cane) Cane)…
PETROBRAS: FIRST SERVICE STATION WITH ETHANOL IN JAPAN Initiated operation on 1st of september 2009; Located in Kawasaki; E3 Fuel Commercialization. Initial instalation in two pumps; Expectation of 100 m3/month; Target…
For more information: Investor Relations www.petrobras.com.br/ri +55 21 3224-1510 petroinvestpetrobras.com.br 23
Loading...
