André Cordeiro. Petrobras/ Cenpes

André Cordeiro

2

The implementation of

Technological Strategy

3

The Technological challenge

__

Maintain the technological system

recognized for offering technologies

that contribute to the sustainable

growth of the Company

People

Technological Strategy

__

4

Processes

Petrobras workforce

__

More than

86,000

People

Petrobras Research Center

__

Cenpes

workforce

3066

Employees: 1930

1432

319

179

Petrobras Research Center

People

Petrobras Research Center

__

1973

2010

9

Infrastructure

Petrobras Research Center

__

Total area - 308 thousands m

227 laboratories

More than 8 thousand equipments

5 semi-industrial experimental plants

throughout Brazil

Infrastructure

Our R&D facilities

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Six – Refining Technological Center (São Mateus do Sul)

Fortaleza Experimental nucleus (CE)

Aracaju Experimental nucleus (Aracaju – SE)

Taquipe Experimental nucleus (BA) Cenpes (Rio de Janeiro – RJ) Miranga Experimental nucleus (BA)

11

Investment

Resources for technological development

—

US$ 6.5 billion

12

Investment

Resources for technological development

2014 - 2018

—

Engineering, Technology and Materials Other areas*

UFSC UEM UFPA UFRN UFS Processes

Thematic Networks

Relationship with R&D Institutions

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 More than 100 universities and research institutions

 49 Thematic Networks

 More than 200 laboratories built since 2009

 More than 8000 researchers involved in projects of Petrobras

Technological Focus

Organized by business segment

__

New frontiers Potential reserves of natural

gas Well construction optimization Pre-salt production Offshore logistics Production optimization of mature fields Subsea systems Maximization of middle distillates Pre-salt oil refining Optimization and integration

of logistics operations

Innovative products Bioproducts

Geological processes simulation Maritime production systems Mobility

Nanotechnology New materials Gas hydrates

Flow enhancement for petrochemical

Construction and assembly Productive processes optimization Integrity, safety and reliability CO₂ and other emissions Water Impacted areas

Monetization of new potential of natural gas

Energy supply and demand integration and flexibility Natural gas logistics Cost reduction Adding value to gas Gas processing

15

Our Investments

Our Investments

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Downstream

18%

Others

12%

E&P

70%

US$

220.6

billion

between 2014 and 2018

Petrobras New Units

2014

Refap – Portfolio Diesel

2 diesel hydrotreating units and 1 hydrogen generation unit

(Canoas)

Rio Grande do Sul

—

Rio Grande do Sul

2014

Thermoelectric Plant Sepé Tiaraju

Increased nominal capacity of 161 MW to 248 MW

2016

FPSO P-67

Project of FPSO Replicants

Rio Grande Shipyard (Rio Grande)

2016

FPSO P-74

EBR Shipyard (São José do Norte)

2016

FPSO P-75

Honório Bicalho Shipyard (Rio Grande)

2017

FPSO P-77

Honório Bicalho Shipyard (Rio Grande)

Santa Catarina

—

8 modules of Fuel Gas and Gas Dehydration and

16 modules of Generation

Project of FPSO Replicants DM TKK Construction (Itajaí)

Paraná

—

Construction of Modules

2017

FPSO P-76

Offshore Unit TECHINT (Pontal do Sul)

2014

Fertilizer Plant (UFN III)

Capacity 761 thousand ton/year of ammonia and 1223 ton/year of urea

(Três Lagoas)

Mato Grosso do Sul

Amazonas

—

2017

UTE-Azulão

Converts the gas into electricity energy

Maranhão

—

2018

Premium I Refinery

Process 300 thousand bpd

Rio Grande do Norte

—

2016

Gasfor II

Gas pipeline Guamaré – Pecém II

Pernambuco

—

2015

Abreu e Lima Refinery (RNEST)

Capacity – 230 thousand bpd

Construction of drilling vessels

Alagoas

—

Construction of Modules

Project of FPSO Replicants

2014

Ammonium Sulfate Unit

Nitrogen Fertilizer Plant

Petrobras first plant of ammonium sulfate

(Laranjeiras)

Sergipe

2017

Camaçari Industrial Complex

UTE-Muricy II and Pecem II

Installed capacity of each - 140MWh

(Camaçari)

Bahia

Construction of drilling vessels

Espírito Santo

—

2017

FPSO P-68

Project of FPSO Replicants Jurong Shipyard (Aracruz)

2016

Fertilizer Plants José Alencar

Production of 519 thousand tons/year of ammonia

(Uberaba)

Minas Gerais

2014

RPBC – Portfolio Diesel

6 units of chemical processing to produce diesel S-10

(Cubatão)

São Paulo

2014

São Bernardo do Campo Gas pipeline

Santos – São Paulo II

2014

Gas Treatment Unit – Caraguatatuba

Rio de Janeiro

—

2014

Ilha Comprida Terminal

Storage and disposal of 4,080 tons of LPG per day

2014

Baixada Fluminense Thermoelectric Plant

Installed capacity - 530MW

2015

FPSO Cidade de Itaguaí

Brasfels Shipyard (Angra dos Reis)

2016

FPSO Cidade de Saquarema

Brasa Shipyard (Niterói)

2016

FPSO Cidade de Maricá

Brasa Shipyard (Niterói)

2016

Petrochemical Complex of RJ – Comperj

Area of 45 km

2016

Processing unit of natural gas – Tecab

Extends the capability of processing natural gas and condensate

2017

Maricá-Comperj Gas Pipeline

2016 and 2017

P-67 and P-70

Project of FPSO Replicants

Construction of modules and integration

Pre-salt

Pre-salt

2013

FPSO Cidade de São Paulo

120 thousand bpd of oil and 5 MM m3_{/d of gas}

2013

FPSO Cidade de Niterói

100 thousand bpd of oil and 3,5 MM m3_{/d of gas}

2013

P-55

180 thousand bpd of oil and 4 MM m3_{/d of gas}

2013

FPSO P-63

140 thousand bpd of oil and 1 MM m3_{/d of gas}

2013

FPSO P-58

180 thousand bpd of oil and 6 MM m3_{/d of gas}

2013

P-61

2013

FPSO Cidade de Paraty

120 thousand bpd of oil and 5 MM m3_{/d of gas}

2013

FPSO Cidade de Itajaí

80 thousand bpd of oil and 2 MM m3_{/d of gas}

2013

P-62

180 thousand bpd of oil and 6 MM m3_{/d of gas}

2014

FPSO Cidade de Mangaratiba

150 thousand bpd of oil and 8 MM m3_{/d of gas}

2014

FPSO Cidade de Ilhabela

150 thousand bpd of oil and 6 MM m3_{/d of gas}

Seek the monetization of natural

gas reserves

Production capacity of nitrogen fertilizers

2020

169%

Natural gas consumption by distributors

33%

We produce gasoline, diesel and

other derivatives

Average quantity processed

2014

2,1

3,3

Our oil production is rising

1.93

3.2

4.2

Technological Park in Rio de Janeiro

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CENPES

TO BE INSTALLED TECHNOLOGICAL CENTERS INSTALLED

THANK YOU!

André Cordeiro