“The Brazilian Offshore and Shipbuilding Front of Major World

Industries”

João Rossi General Coordinator of Oil, Shipbuilding and Gas

SDP/MDIC

11ª Navalshore Marintec South America

Investments Prospects Oil and Gas sector

Petrobras-Business and Management Plan

2014-2018

• The demand for offshore vessels will have a total investment of more than $ 100 billion by 2020.

• Such investments refers to the hiring of 38 platforms, 29 drilling rigs, 88 oil tankers and 146 support vessels

• The Business and Management Plan from Petrobras provides another 14 new platforms in Libra, pre salt field, that will be contracted with Brazilian shipyards.

Petrobras – possibilities for 2020-2030

• In the 2020-2030 horizon, the expectation is hiring more than 41 platforms for allocation in "Libra", in new concessions from “Onerous Assignment”, in other fields of post-salt already granted, as well as in fields provided from new bidding rounds.

Current Portfolio

• The Brazilian shipyards have a 28 units portfolio that will be delivered in the 2015-2020 horizon, with a local content average of 60%. The shipyards also have a production portfolio of 42 vessels for Transpetro and 61 vessels support financed by "Prorefam", to be delivered before 2020.

Employment in the Shipbuilding Industry

Current Situation Outlook • The Brazilian shipbuilding industry is expected to

generate 30,000 new jobs over the next two years (Sinaval).

• The Brazilian shipbuilding industry employment grew 3,613% from 2000 to 2013 and almost tripled its number from 2006 to 2013 (262%).

• Today, the sector employs around 78,000 people at the shipyards in operation.

• Over the next two years, other four shipyards will be operating: Jurong Aracruz (ES); Enseada Paraguassu (BA); EBR (RS); and CMO (PE); which will increase the demand for labour.

Fundo da Marinha Mercante – FMM Merchant Navy Fund

Project Financial Execution (in R$) source: MT

0

500.000.000

1.000.000.000

1.500.000.000

2.000.000.000

2.500.000.000

3.000.000.000

3.500.000.000

4.000.000.000

4.500.000.000

5.000.000.000

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

VESSELS

SHIPYARDS

TOTAL

FMM PORTFOLIO

STATUS NUMBER AMOUNT (Billions of R$)

To be hiring 242 Vessels and

8 Shipyards 20,9

Hired

(projects to start)

231 Vessels and

3 Shipyards 23,4

Hired

(projects started)

160 Vessels and

8 Shipyards 16,6

TOTAL 633 Vessels and 19

Shipyards 60,9

Federal Government Measures

Highlights

• Exemption from Payroll Salaries

• Research on Shipbuilding Productivity

• HR Training (PRONATEC / JICA Project)

• Special Regimes: drawback vessel, REB

• Supply Chain Qualification Plan

• PROMINP Ind P&G 75: Clusters Project

Shipbuilding Productvity

Pronatec

17.000 thousand training positions were identified for the Oil and Gas and Shipbulding industries. More than 60 courses will be taught in 8 states, comprising different areas, such as welder and naval electrician.

Clusters Promotion Project