SlideShare a Scribd company logo
Strategic Plan 2040 || Business and Management Plan 2019-2023
The presentation may contain forward-looking statements about future events
that are not based on historical facts and are not assurances of future results.
Such forward-looking statements merely reflect the Company’s current views
and estimates of future economic circumstances, industry conditions,
company performance and financial results. Such terms as "anticipate",
"believe", "expect", "forecast", "intend", "plan", "project", "seek", "should",
along with similar or analogous expressions, are used to identify such
forward-looking statements. Readers are cautioned that these statements are
only projections and may differ materially from actual future results or
events. Readers are referred to the documents filed by the Company with
the SEC, specifically the Company’s most recent Annual Report on Form 20-F,
which identify important risk factors that could cause actual results to differ
from those contained in the forward-looking statements, including, among
other things, risks relating to general economic and business conditions,
including crude oil and other commodity prices, refining margins and
prevailing exchange rates, uncertainties inherent in making estimates of our
oil and gas reserves including recently discovered oil and gas reserves,
international and Brazilian political, economic and social developments,
receipt of governmental approvals and licenses and our ability to obtain
financing.
We undertake no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information or future events or for
any other reason. Figures for 2018 on are estimates or targets.
All forward-looking statements are expressly qualified in their entirety by this
cautionary statement, and you should not place reliance on any forward-
looking statement contained in this presentation.
In addition, this presentation also contains certain financial measures that are
not recognized under Brazilian GAAP or IFRS. These measures do not have
standardized meanings and may not be comparable to similarly-titled
measures provided by other companies. We are providing these measures
because we use them as a measure of company performance; they should not
be considered in isolation or as a substitute for other financial measures that
have been disclosed in accordance with Brazilian GAAP or IFRS.
Disclaimer
—
NON-SEC COMPLIANT OIL AND GAS RESERVES:
CAUTIONARY STATEMENT FOR US INVESTORS
We present certain data in this presentation, such as oil and gas
resources, that we are not permitted to present in documents filed
with the United States Securities and Exchange Commission (SEC)
under new Subpart 1200 to Regulation S-K because such terms do
not qualify as proved, probable or possible reserves under Rule 4-
10(a) of Regulation S-X.
2
OUR JOURNEY SO FAR
Where are we?
PATHS TO EVOLVE
How to get there?
WORLD IN MOTION
What do we expect from
tomorrow?
OUR AMBITIONS
Where do we want to go?
2
43
1
3
WORLD IN MOTION
4
4 million electric
vehicles, shared use,
smart grid
VECTORS OF ENERGY MARKETS DYNAMICS
—
SUSTAINABILITY SAFETYACCESS
COP 21 ratified by
179 countries
Double renewable
generation between
2000-2017
~1 billion people to
be included
42% of production in
areas with conflicts
EMISSIONS RENEWABLES
ENERGY
INCLUSION
GEOPOLITICS
TECHNOLOGICAL
REVOLUTION
5
THREE DISTINCT VISIONS FOR THE FUTURE: STREAM,
SHOAL AND CORAL
—
STREAM - SLOW ENERGY TRANSITION
SHOAL - MODERATE ENERGY TRANSITION
CORAL - ACCELERATED ENERGY TRANSITION
transitionspeed
+
—
6
65% 35% 48% 52% -14% 114%
1990 2015 2040 2040 20402040
OIL
NATURAL GAS
RENEWABLES
COAL
NUCLEAR8.8
13.6
19.6
16.2
17.9
Oil Natural Gas Coal
Hydro Nuclear Bioenergy
Other Renewables
PRIMARY ENERGY SUPPLY
Billion TOE
OIL STILL THE MAIN ENERGY SOURCE
—
ENERGY DEMAND CHANGE BY SOURCE
2015-2040 Period
Fossil Non-fossil Fossil Non-fossil Fossil Non-fossil
7
TRENDS IN ALL SCENARIOS
—
Technological revolution
in MOBILITY
brings uncertainties to
oil demand
Demand for
RENEWALBE
presents the highest
growth rates in all
scenarios
Paris Agreement
brings stricter
ENVIROMENTAL
RESTRICTIONS
Energy
GROWTH OF
DEMAND
Among fossil energies,
NATURAL GAS
presents the highest rate
of growth
8
RESILIENCE
OF THE PETROCHEMICAL
SECTOR
OUR JOURNEY SO FAR
9
HIGHLIGHTS
—
Main highlights from 2015 to 3Q18
PRICING POLICY
aligned to international
market
Delivery of
PRODUCTION
TARGETS
5.1

2.7
Reduction of
NET DEBT/
EBITDA by
half
2.15

1.06
Reduction
in TRI
by half
US$106 billion
US$73 billion
Net debt reduction and
extension

10
8 NEW
production systems
(+3 in the 4Q18)
ENHANCED GOVERNANCE MODEL
—
BOARD OF DIRECTORS COMMITTEES
• 81% independent members
(minimum 40%)
• Prohibition of political appointments
(State-Owned Companies Law)
• Independent members from the Federal
Government: selected from a three-name list
• Individual assessment
BOARD OF DIRECTORS
• Joined Level 2 of B3
• State-Owned Companies
Governance Program
• Related Parties Transactions
Policy
• Elimination of all material
weaknesses
Independent
reporting channel
+60 thousand employees
trained since 2015
+15 thousand suppliers
assessed since 2015
11
1.6 4.1
HISTORY OF THE LAST PLANS
—
2017-2021 BMP 2018-2022 BMP 2019-2023 BMP
1.09 3.2 1.06 2.6
3Q 20183Q 20173Q 2016
• Revenue optimization
• Processes and cost efficiency
• Debt reduction
• Active portfolio management
• Shareholder remuneration
• Profitability target
• Competitive prices
• OPEX and CAPEX Efficiency
• Debt reduction
• Partnerships and Divestments
• Competitive prices
• OPEX and CAPEX Efficiency
• Debt reduction
• Partnerships and Divestments
• Advance Dividend
12
OUR AMBITIONS
13
An integrated energy
company that evolves with
society, generates high value
and has a unique technical
capability
VISION
—
14
PURPOSE
—
Provide the energy that moves society
to fulfill its potential
15
• Respect for life, people and
environment
• Ethics and transparency
• Overcoming and confidence
• Market Driven
• Results oriented
VALUES
—
16
EXPLORATION &
PRODUCTION
• Maximize
Petrobras’ value
through the active
management of the
E&P portfolio
• Ensure the
sustainability of oil
and gas production,
prioritizing
deepwater
operations
NATURAL GAS
• Optimize the
position in the
Natural Gas and
Power segment in
Brazil and develop
positions in the
global market,
through partnerships
OUR STRATEGIES
—
17
RENEWABLES
• Act profitably in the
renewable energy
segment, focusing
on wind and solar
energy in Brazil
REFINING,
TRANSPORTATION,
MARKETING AND
PETROCHEMICAL
• Maximize Petrobras’ value
through active management
of the refining, logistics,
marketing and petrochemical
portfolios, integrated into
national oil and gas
production activities
• Exit the fertilizer, LPG
distribution businesses and
biodiesel and ethanol
production interests
18
OUR STRATEGIES
—
CORPORATE STRATEGIES
• Develop critical skills and a high
performance culture to meet the
company's new challenges
• Prepare Petrobras for a more
competitive environment based on cost
efficiency, scale and digital
transformation
• Evaluate current and future
partnerships seeking integrity and value
creation
• Strengthen Petrobras' credibility, pride
and reputation among our stakeholders
19
OUR STRATEGIES
—
PATHS TO EVOLVE
TOP METRICS
—
SAFETY
TRI
Total recordable injury
frequency rate
BELOW 1
in 2019
DEBT
REDUCTION
ND/EBITDA
Net Debt/Ajusted Ebitda
BELOW 1.5
in 2020
PROFITABILITY
ROCE
Return over
capital employed
ABOVE 11%
in 2020
21
MAIN PLANNING ASSUMPTIONS
—
22
Forecast range
Brent Prices
(US$/barrel)
Nominal Exchange Rate
(R$/US$)
3.3 3.5
3.2 3.6 3.6 3.6 3.7 3.7 3.8
2015 2016 2017 2018 2019 2020 2021 2022 2023
Focus Interval (11/30/2018)
57
47
57
74
66 67 72 75 75
2015 2016 2017 2018 2019 2020 2021 2022 2023
STRENGTHS TO EVOLVE
Expansion leveraging core
competencies and skills
US$ 5 bi US$ 0.3 bi
CAPEX
US$ 5.3 biPETROCHEMICAL
VALUE GENERATION ENGINES
—
MOVEMENT TOWARD THE FUTURE
Construction of another engine to
perpetuate growth equation
US$ 0.4 bi
CAPEX
US$ 0.4 biWIND, SOLAR AND
BIOFUELS
CAPEX
US$ 78.4 bi
DRIVING FORCE
Central element of competitiveness,
with clear industry leadership
US$ 68.8 bi US$ 8.2 bi
REFINING, TRANSPORTATON
AND MARKETING
E&P
23
NATURAL GAS and
ENERGY
TOTAL INVESTMENT OF BMP 2019-2023 US$ 84.1 bi
( Include US$ 1.4 billion of investments from corporate)
EXPLORATION
& PRODUCTION
24
16%
70%
14%
44%
56%
E&P INVESTMENTS
—
68.8
US$ billion
2019 – 2023 E&P INVESTMENTS
US$ billion
Exploration
Infrastructure + R&D
Production Development
48.4
US$ billion
Pre-Salt
Post-Salt
25
Production
Development
PRODUCTION GROWTH
—
26
2019 2020 2021 2022 20232018
BERBIGÃO
P-68
BÚZIOS 3
P-76
BÚZIOS 4
P-77
MERO 1
SÉPIA
BÚZIOS 5
ATAPU 1
P-70
INTEGRADO PQ.
DAS BALEIAS
MERO 2
REVITALIZAÇÃO
MARLIM 1
SEAP 1
ITAPU
REVITALIZAÇÃO
MARLIM 2
millionboed
BÚZIOS 1
P-74
LULA EXTREMO
SUL P-69
BÚZIOS 2
P-75
LULA NORTE
P-67
TARTARUGA
VERDE
CONTRACTED TO BE CONTRACTED
2.8
+10%




2.1 2.3
-0.1
2.7
OIL + GAS ABROAD
GAS IN BRAZIL
OIL IN BRAZIL
DIVESTMENTS
E&P VALUE
—
• 13 new production systems
• Revitalization of the Campos Basin
• Lifting cost pre-salt <7 US$/boe
• Lifting cost <10 US$/boe from 2020
INCREASED REVENUE
ACTIVE PORTFOLIO MANAGEMENT
COST EFFICIENCY
ROCE HIGHER THAN 11%
FROM 2020
RISK
RETURN
• Investments in fields with higher
profitability and strategic partnerships
2019
11%
2020
>11%
27
SOLID EXPLORATORY PORTFOLIO
—
Camumu, Almada
& Jequitinhonha
Ceará
Potiguar
Espírito Santo
Sergipe &
Alagoas
Offshore
Onshore Pelotas
Barreirinhas
Santos
CamposParaná
Parnaíba
Acre
Foz do Amazonas
Pará- Maranhão
Margem
Equatorial
• 21 blocks acquired
• 136 exploratory blocks
Colômbia
28
6.8
10.8
2018-2022 BMP 2019-2023 BMP
INCREASE OF EXPLORATORY
INVESTMENT
US$ Billion
59%
MAIN E&P PROJECTS
—
PRE-SALT FIELDS WITH
COMMERICALITY DECLARED
Contracted To be contracted
Capex US$ 9 billion
BÚZIOS
Capex US$ 3.5 billion
MERO
Capex US$ 4.6 billion
LULA/CERNAMBI
Total Capex
US$ 20.5 billion
Strategic partnership with
Equinor in Roncador and
new projects guarantee
the sustentability of
production
CAMPOS BASIN
8 1
1
2 2 1
1
OBS: CAPEX 2019-2023 refers to Petrobras working interest
29
Capex US$ 1.7 billion
BERBIGÃO/SURURU
Capex de US$ 2.7 billion
ATAPU
1
1
REFINING, NATURAL GAS AND
RENEWABLE
30
REFINING AND NATURAL GAS INVESTMENTS
—
13.9
US$ billion
61%
36%
3%
Natural Gas and Power
Renewables
REFINING AND NATURAL GAS INVESTMENTS
2019 – 2023
US$ billion
Refining, Transportation, Marketing
and Petrochemicals
31
2.3 MM bpd
in 2017
REPOSITIONING IN REFINING
—
Seventh largest
consumer of oil
products in the world
Upward trend, as
opposed to more mature
markets
99%
60%
1%
1%
2018 Proposed Model
Other
South Cluster
Northeast
Cluster
Petrobras
REFINING CAPACITY* IN BRAZILPRIVILEGED CONDITIONS FOR THE
REFINING INDUSTRY IN BRAZIL
+1.5% per year
by 2023
32
*Comperj refinery under feasibility study, in
partnership with CNPC
INCREASED TREATMENT CAPACITY
RNEST
+ 160
thousand bpd
TREATMENT
+ 98
thousand bpd
MAIN REFINING PROJECTS
—
US$1.3 billion investment
Projects meet the Diesel S-10 market
33
UNIT 1 - Conclusion of the atmospheric emission abatement
unit (SNOX) and Revamp
UNIT 2 - Conclusion of the new unit
RNEST
SP
RJ
ROUTE1
ROUTE 3
UTG SERGIPE
MAIN NATURAL GAS PROJECTS
—
US$3.7 billion investment
UPGN, Pipeline Route 3 and North Ducts to increase
offloading and processing capacity for pre-salt gas
Adapt UTGCA Adaptation to process pre-salt gas
Facilitate offloading and processing of the gas produced in the
deepwater fields of Sergipe/Alagoas
34
SE
DEVELOP A POSITION ON THE GLOBAL NATURAL
GAS MARKET
—
• 3 LNG RECEIVING TERMINALS
• IMPORTER MARKET
CONCENTRATED IN BRAZIL
• PARTICIPATION IN TRADING SPOT
AND SHORT-TERM
• DEVELOPMENT OF GLOBAL
MARKETS
• PURSUIT OF LONG-TERM
COMPETITIVE SUPPLY
• INCREASE IN THE
OPTIMIZATION/TRADING ACTIVITY
OF THE PRODUCT
CURRENT FUTURE
35
MAIN RENEWABLE ENERGY
PROJECTS
—
• Participation in solar energy auctions
• Gradual entry in the distributed solar generation
market
• Offshore Wind Power projects for the next
decade
• BioQAV production and GreenDiesel in plants
integrated to refineries
• Partnerships with Total and Equinor in progress
36
Prospect of 8%
reduction of emissions
in the value chain **
37
2040 HORIZON
PETROBRAS TARGETS AND AMBITIONS FOR EMISSIONS
—
2015 2023
TARGET
2025
AMBITION
2025
E&P Intensity
kgCO2e/boe
Refining
Intensity
kgCO2/t CWT
OUR TARGETS
CWT = Complex Weighted Tonne
Despite increased production, we commit to ZERO growth
of absolute operating emissions*
** Scope 1, 2 e 3
22 21 16 15 13
-32%
43 43
37 36 34
-16%
2017
SOURCES AND USES
—
84.1
39
20
114.2
2.0
26.9
SOURCES USES
FINANCIAL EXPENSES
AMORTIZATIONS
INVESTMENTS
SOURCES AND USES 2019 – 2023
US$ billion
TOTAL 143.1 143.1
Divestments aligned to portfolio
management
No need for new net funding in
2019-2023
PARTNERSHIPS AND DIVESTIMENTS
USE OF CASH
38
ACTIVE PORTFOLIO
MANAGEMENT
USE OF CASH
CASH FLOW
GENERATION AFTER
DIVIDENDS, TAXES
AND LIABILITIES
PARTNERSHIPS AND
DIVESTMENTS
—
Braskem: Awaiting LyondellBasell's final offer to evaluate the exercise of tag along rights
BINDING PHASE
TEASER AND NON-
BINDING PHASE
ON HOLD
• TAG
• REFINING PARTNERSHIPS
• UFN-III
• ARAUCÁRIA
NITROGENADOS
• ONSHORE FIELDS
(LAGOA PARDA)
• BSBIOS
• SHALOW WATER
FIELDS (RN)
• BAÚNA FIELD
• TARTARUGA VERDE FIELD AND
MODULE 3 OF ESPADARTE (50%)
• SERGIPE ALAGOAS – DEEP
WATERS
• PASADENA REFINERY
• SHALOW WATER FIELDS
(RJ, SP, CE E SE)
• ONSHORE FIELDS
• PIRANEMA AND PIRANEMA SUL
(SE) FIELDS
• MAROMBA FIELDS(RJ)
39
RISKS TO OUR BUSINESS
—
• Continuous monitoring of
the main risks
• Liaison with regulatory
bodies (ANP, IBAMA …)
MAIN MITIGATION ACTIONS
RISKS ON THE HORIZON OF THE 2019 - 2023 BMP
MAJOR PROJECTS COMMERCIAL POLICY
PARTNERSHIPS AND
DIVESTMENTS
LITIGATION OPERATIONAL
CONTINUITY
• Monitoring of margin
and market share
• Prices that reflect
international market
conditions
• Hedging strategy
• Active portfolio
management
• Risk sharing
• Continuous evaluation
of litigation risks
• Business continuity
plan for critical
assets
• Integrated asset
inspection plan
40
CULTURAL TRANSFORMATION
—
People management driven by cultural transformation
• Increased focus on efficacy and value to the business
• Employee capacitation to meet new business challenges
• Merit base on recognition
• Stimulate autonomy, flexibility and quality in the work
environment
• Strengthen the processes of attraction, rotation,
development, retention e succession
• Incorporate the vision of digital transformation in the
routine of the employee
41
• Management of partnerships and production
sharing contracts
• Active portfolio management
• Technological challenges
• Decommissioning of assets
E&P
• Prospecting technological innovations
• Management of large projects
• Decommissioning of wells and submarine
systems
DP&T
• Culture of services
• Care of people
• Development of leaders and specialists
• Relationship with stakeholders
CORPORATE AREAS
• Expansion of trading activities
• Active portfolio management
• New business development
• Development of competencies to the global
gas Market
RGN
TRANSVERSAL CORE
COMPETENCIES
• Leadership and
management
• Technology and digital
transformation
• Development of
international operation
• Negotiation
CORE COMPENTENCIES MAPPED
IN THE 2019-2023 BMP AND 2040 STRATEGIC PLAN
—
42
CONTRIBUTION TO INVESTORS
—
• Profitability target  ROCE
• Efficient allocation of investments
• Approval of projects with worst-case scenarios
• Optimum leverage  25%
• Maintain shareholder remuneration policy.
Eventual change in the distribution, considering
the reduction of debt indicators and new
investment opportunities
CAPITAL DISCIPLINE
CAPITAL DISCIPLINE
43
CONTRIBUTION TO SOCIETY
—
• R$600 billion in federal, state and municipal taxes
• R$13 billion in R&D investments, half of this
amount in Brazilian universities
• R$ 6 billion in social and environmental projects
throughout the country
• Creation of approximately 450 thousand jobs in the
country
44
45
The challenge is figuring out today
what will matter to Petrobras tomorrow
and prepare the company for the future
that is developing now
45

More Related Content

What's hot

Data Analytics Strategies & Solutions for SAP customers
Data Analytics Strategies & Solutions for SAP customersData Analytics Strategies & Solutions for SAP customers
Data Analytics Strategies & Solutions for SAP customers
Visual_BI
 
Cloud Capabilities Slide Deck
Cloud Capabilities Slide DeckCloud Capabilities Slide Deck
Cloud Capabilities Slide Deck
Avalaunch Media
 
On Premise vs Cloud - Know The Difference and Benefits
On Premise vs Cloud - Know The Difference and BenefitsOn Premise vs Cloud - Know The Difference and Benefits
On Premise vs Cloud - Know The Difference and Benefits
CodeStore Technologies Pvt Ltd
 
Migrating SAP from UNIX to SUSE Linux
Migrating SAP from UNIX to SUSE LinuxMigrating SAP from UNIX to SUSE Linux
Migrating SAP from UNIX to SUSE Linux
Dirk Oppenkowski
 
State of the CIO 2023 Sample Slides.pdf
State of the CIO 2023 Sample Slides.pdfState of the CIO 2023 Sample Slides.pdf
State of the CIO 2023 Sample Slides.pdf
IDG
 
Black Box Global Corporate Presentation - Jul'23
Black Box Global Corporate Presentation - Jul'23Black Box Global Corporate Presentation - Jul'23
Black Box Global Corporate Presentation - Jul'23
Black Box
 
The Cloud Imperative in Life Sciences - Accenture
The Cloud Imperative in Life Sciences - AccentureThe Cloud Imperative in Life Sciences - Accenture
The Cloud Imperative in Life Sciences - Accenture
accenture
 
Best Practices to Administer, Operate, and Monitor an SAP HANA System
Best Practices to Administer, Operate, and Monitor an SAP HANA SystemBest Practices to Administer, Operate, and Monitor an SAP HANA System
Best Practices to Administer, Operate, and Monitor an SAP HANA System
SAPinsider Events
 
Overview Of SAP's Strategy
Overview Of SAP's StrategyOverview Of SAP's Strategy
Overview Of SAP's Strategy
Esteban Tapia
 
Data Center Checklist for Infrastructure Best Practices (SlideShare)
Data Center Checklist for Infrastructure Best Practices (SlideShare)Data Center Checklist for Infrastructure Best Practices (SlideShare)
Data Center Checklist for Infrastructure Best Practices (SlideShare)
SP Home Run Inc.
 
Business Intelligence and Business Analytics
Business Intelligence and Business AnalyticsBusiness Intelligence and Business Analytics
Business Intelligence and Business Analytics
snehal_152
 
Big Data Strategies – Organizational Structure and Technology
Big Data Strategies – Organizational Structure and TechnologyBig Data Strategies – Organizational Structure and Technology
Big Data Strategies – Organizational Structure and Technology
DATAVERSITY
 
Cisco data center training for ibm
Cisco data center training for ibmCisco data center training for ibm
Cisco data center training for ibm
Christian Silva Espinoza
 
How Can You Calculate the Cost of Your Data?
How Can You Calculate the Cost of Your Data?How Can You Calculate the Cost of Your Data?
How Can You Calculate the Cost of Your Data?
DATAVERSITY
 
Data Quality Management: Cleaner Data, Better Reporting
Data Quality Management: Cleaner Data, Better ReportingData Quality Management: Cleaner Data, Better Reporting
Data Quality Management: Cleaner Data, Better Reporting
accenture
 
AWS Marketplace
AWS MarketplaceAWS Marketplace
AWS Marketplace
Amazon Web Services
 
Data Architecture - The Foundation for Enterprise Architecture and Governance
Data Architecture - The Foundation for Enterprise Architecture and GovernanceData Architecture - The Foundation for Enterprise Architecture and Governance
Data Architecture - The Foundation for Enterprise Architecture and Governance
DATAVERSITY
 
TMT Outlook 2017: A new wave of advances offer opportunities and challenges
TMT Outlook 2017:  A new wave of advances offer opportunities and challengesTMT Outlook 2017:  A new wave of advances offer opportunities and challenges
TMT Outlook 2017: A new wave of advances offer opportunities and challenges
Deloitte United States
 
Intelligent Operations for Future-Ready Businesses | Accenture
Intelligent Operations for Future-Ready Businesses | AccentureIntelligent Operations for Future-Ready Businesses | Accenture
Intelligent Operations for Future-Ready Businesses | Accenture
accenture
 
[NEW LAUNCH!] Introducing Amazon Comprehend Medical (AIM398) - AWS re:Invent ...
[NEW LAUNCH!] Introducing Amazon Comprehend Medical (AIM398) - AWS re:Invent ...[NEW LAUNCH!] Introducing Amazon Comprehend Medical (AIM398) - AWS re:Invent ...
[NEW LAUNCH!] Introducing Amazon Comprehend Medical (AIM398) - AWS re:Invent ...
Amazon Web Services
 

What's hot (20)

Data Analytics Strategies & Solutions for SAP customers
Data Analytics Strategies & Solutions for SAP customersData Analytics Strategies & Solutions for SAP customers
Data Analytics Strategies & Solutions for SAP customers
 
Cloud Capabilities Slide Deck
Cloud Capabilities Slide DeckCloud Capabilities Slide Deck
Cloud Capabilities Slide Deck
 
On Premise vs Cloud - Know The Difference and Benefits
On Premise vs Cloud - Know The Difference and BenefitsOn Premise vs Cloud - Know The Difference and Benefits
On Premise vs Cloud - Know The Difference and Benefits
 
Migrating SAP from UNIX to SUSE Linux
Migrating SAP from UNIX to SUSE LinuxMigrating SAP from UNIX to SUSE Linux
Migrating SAP from UNIX to SUSE Linux
 
State of the CIO 2023 Sample Slides.pdf
State of the CIO 2023 Sample Slides.pdfState of the CIO 2023 Sample Slides.pdf
State of the CIO 2023 Sample Slides.pdf
 
Black Box Global Corporate Presentation - Jul'23
Black Box Global Corporate Presentation - Jul'23Black Box Global Corporate Presentation - Jul'23
Black Box Global Corporate Presentation - Jul'23
 
The Cloud Imperative in Life Sciences - Accenture
The Cloud Imperative in Life Sciences - AccentureThe Cloud Imperative in Life Sciences - Accenture
The Cloud Imperative in Life Sciences - Accenture
 
Best Practices to Administer, Operate, and Monitor an SAP HANA System
Best Practices to Administer, Operate, and Monitor an SAP HANA SystemBest Practices to Administer, Operate, and Monitor an SAP HANA System
Best Practices to Administer, Operate, and Monitor an SAP HANA System
 
Overview Of SAP's Strategy
Overview Of SAP's StrategyOverview Of SAP's Strategy
Overview Of SAP's Strategy
 
Data Center Checklist for Infrastructure Best Practices (SlideShare)
Data Center Checklist for Infrastructure Best Practices (SlideShare)Data Center Checklist for Infrastructure Best Practices (SlideShare)
Data Center Checklist for Infrastructure Best Practices (SlideShare)
 
Business Intelligence and Business Analytics
Business Intelligence and Business AnalyticsBusiness Intelligence and Business Analytics
Business Intelligence and Business Analytics
 
Big Data Strategies – Organizational Structure and Technology
Big Data Strategies – Organizational Structure and TechnologyBig Data Strategies – Organizational Structure and Technology
Big Data Strategies – Organizational Structure and Technology
 
Cisco data center training for ibm
Cisco data center training for ibmCisco data center training for ibm
Cisco data center training for ibm
 
How Can You Calculate the Cost of Your Data?
How Can You Calculate the Cost of Your Data?How Can You Calculate the Cost of Your Data?
How Can You Calculate the Cost of Your Data?
 
Data Quality Management: Cleaner Data, Better Reporting
Data Quality Management: Cleaner Data, Better ReportingData Quality Management: Cleaner Data, Better Reporting
Data Quality Management: Cleaner Data, Better Reporting
 
AWS Marketplace
AWS MarketplaceAWS Marketplace
AWS Marketplace
 
Data Architecture - The Foundation for Enterprise Architecture and Governance
Data Architecture - The Foundation for Enterprise Architecture and GovernanceData Architecture - The Foundation for Enterprise Architecture and Governance
Data Architecture - The Foundation for Enterprise Architecture and Governance
 
TMT Outlook 2017: A new wave of advances offer opportunities and challenges
TMT Outlook 2017:  A new wave of advances offer opportunities and challengesTMT Outlook 2017:  A new wave of advances offer opportunities and challenges
TMT Outlook 2017: A new wave of advances offer opportunities and challenges
 
Intelligent Operations for Future-Ready Businesses | Accenture
Intelligent Operations for Future-Ready Businesses | AccentureIntelligent Operations for Future-Ready Businesses | Accenture
Intelligent Operations for Future-Ready Businesses | Accenture
 
[NEW LAUNCH!] Introducing Amazon Comprehend Medical (AIM398) - AWS re:Invent ...
[NEW LAUNCH!] Introducing Amazon Comprehend Medical (AIM398) - AWS re:Invent ...[NEW LAUNCH!] Introducing Amazon Comprehend Medical (AIM398) - AWS re:Invent ...
[NEW LAUNCH!] Introducing Amazon Comprehend Medical (AIM398) - AWS re:Invent ...
 

Similar to Strategic Plan 2040 || Business and Management Plan 2019-2023

Strategic Plan and 2017-2021 Business & Management Plan
Strategic Plan and 2017-2021 Business & Management PlanStrategic Plan and 2017-2021 Business & Management Plan
Strategic Plan and 2017-2021 Business & Management Plan
Petrobras
 
Petrobras Investor Day - London 2018
Petrobras Investor Day - London 2018Petrobras Investor Day - London 2018
Petrobras Investor Day - London 2018
Petrobras
 
Petrobras General Overview
Petrobras General OverviewPetrobras General Overview
Petrobras General Overview
Petrobras
 
Petrobras at a Glance
Petrobras at a GlancePetrobras at a Glance
Petrobras at a Glance
Petrobras
 
Apresentação de Pedro Parente no Investor Day Londres
Apresentação de Pedro Parente no Investor Day LondresApresentação de Pedro Parente no Investor Day Londres
Apresentação de Pedro Parente no Investor Day Londres
Petrobras
 
Petrobras Overview - September 2018
Petrobras Overview - September 2018Petrobras Overview - September 2018
Petrobras Overview - September 2018
Petrobras
 
bp 3Q 2020 financial results
bp 3Q 2020 financial resultsbp 3Q 2020 financial results
bp 3Q 2020 financial results
bp
 
Apresentacao png-2018-2022-webcast-ingles
Apresentacao png-2018-2022-webcast-inglesApresentacao png-2018-2022-webcast-ingles
Apresentacao png-2018-2022-webcast-ingles
Petrobras
 
Mdr day1-ir presentation final 053118
Mdr day1-ir presentation final 053118Mdr day1-ir presentation final 053118
Mdr day1-ir presentation final 053118
investorcbi
 
Mdr day1-ir presentation final 051018 230 pm cst
Mdr day1-ir presentation final 051018 230 pm cstMdr day1-ir presentation final 051018 230 pm cst
Mdr day1-ir presentation final 051018 230 pm cst
investorcbi
 
Delta air lines deutsche bank presentation 2018
Delta air lines deutsche bank presentation 2018Delta air lines deutsche bank presentation 2018
Delta air lines deutsche bank presentation 2018
Delta_Airlines
 
September Investor Presentation
September Investor PresentationSeptember Investor Presentation
September Investor Presentation
Devon Energy Corporation
 
UBS Global Oil and Gas Conference
UBS Global Oil and Gas ConferenceUBS Global Oil and Gas Conference
UBS Global Oil and Gas Conference
Devon Energy Corporation
 
BP investor update presentation 2014
BP investor update presentation 2014BP investor update presentation 2014
BP investor update presentation 2014
bp
 
JP Morgan Energy Presentation
JP Morgan Energy PresentationJP Morgan Energy Presentation
JP Morgan Energy Presentation
Devon Energy Corporation
 
December Investor Presentation
December Investor PresentationDecember Investor Presentation
December Investor Presentation
Devon Energy Corporation
 
Eco-Stim Energy Solutions Presentation April 2018
Eco-Stim Energy Solutions Presentation April 2018Eco-Stim Energy Solutions Presentation April 2018
Eco-Stim Energy Solutions Presentation April 2018
RedChip Companies, Inc.
 
BAML Energy Conference
BAML Energy ConferenceBAML Energy Conference
BAML Energy Conference
Devon Energy Corporation
 
Baird ESG Investor Conference
Baird ESG Investor ConferenceBaird ESG Investor Conference
Baird ESG Investor Conference
WinnebagoInd
 
2015 form-10-k-and-strategy-discussion 041916-1
2015 form-10-k-and-strategy-discussion 041916-12015 form-10-k-and-strategy-discussion 041916-1
2015 form-10-k-and-strategy-discussion 041916-1
ada ades
 

Similar to Strategic Plan 2040 || Business and Management Plan 2019-2023 (20)

Strategic Plan and 2017-2021 Business & Management Plan
Strategic Plan and 2017-2021 Business & Management PlanStrategic Plan and 2017-2021 Business & Management Plan
Strategic Plan and 2017-2021 Business & Management Plan
 
Petrobras Investor Day - London 2018
Petrobras Investor Day - London 2018Petrobras Investor Day - London 2018
Petrobras Investor Day - London 2018
 
Petrobras General Overview
Petrobras General OverviewPetrobras General Overview
Petrobras General Overview
 
Petrobras at a Glance
Petrobras at a GlancePetrobras at a Glance
Petrobras at a Glance
 
Apresentação de Pedro Parente no Investor Day Londres
Apresentação de Pedro Parente no Investor Day LondresApresentação de Pedro Parente no Investor Day Londres
Apresentação de Pedro Parente no Investor Day Londres
 
Petrobras Overview - September 2018
Petrobras Overview - September 2018Petrobras Overview - September 2018
Petrobras Overview - September 2018
 
bp 3Q 2020 financial results
bp 3Q 2020 financial resultsbp 3Q 2020 financial results
bp 3Q 2020 financial results
 
Apresentacao png-2018-2022-webcast-ingles
Apresentacao png-2018-2022-webcast-inglesApresentacao png-2018-2022-webcast-ingles
Apresentacao png-2018-2022-webcast-ingles
 
Mdr day1-ir presentation final 053118
Mdr day1-ir presentation final 053118Mdr day1-ir presentation final 053118
Mdr day1-ir presentation final 053118
 
Mdr day1-ir presentation final 051018 230 pm cst
Mdr day1-ir presentation final 051018 230 pm cstMdr day1-ir presentation final 051018 230 pm cst
Mdr day1-ir presentation final 051018 230 pm cst
 
Delta air lines deutsche bank presentation 2018
Delta air lines deutsche bank presentation 2018Delta air lines deutsche bank presentation 2018
Delta air lines deutsche bank presentation 2018
 
September Investor Presentation
September Investor PresentationSeptember Investor Presentation
September Investor Presentation
 
UBS Global Oil and Gas Conference
UBS Global Oil and Gas ConferenceUBS Global Oil and Gas Conference
UBS Global Oil and Gas Conference
 
BP investor update presentation 2014
BP investor update presentation 2014BP investor update presentation 2014
BP investor update presentation 2014
 
JP Morgan Energy Presentation
JP Morgan Energy PresentationJP Morgan Energy Presentation
JP Morgan Energy Presentation
 
December Investor Presentation
December Investor PresentationDecember Investor Presentation
December Investor Presentation
 
Eco-Stim Energy Solutions Presentation April 2018
Eco-Stim Energy Solutions Presentation April 2018Eco-Stim Energy Solutions Presentation April 2018
Eco-Stim Energy Solutions Presentation April 2018
 
BAML Energy Conference
BAML Energy ConferenceBAML Energy Conference
BAML Energy Conference
 
Baird ESG Investor Conference
Baird ESG Investor ConferenceBaird ESG Investor Conference
Baird ESG Investor Conference
 
2015 form-10-k-and-strategy-discussion 041916-1
2015 form-10-k-and-strategy-discussion 041916-12015 form-10-k-and-strategy-discussion 041916-1
2015 form-10-k-and-strategy-discussion 041916-1
 

More from Petrobras

Plano Estratégico 2040 || Plano de Negócios e Gestão 2019-2023
Plano Estratégico 2040 || Plano de Negócios e Gestão 2019-2023Plano Estratégico 2040 || Plano de Negócios e Gestão 2019-2023
Plano Estratégico 2040 || Plano de Negócios e Gestão 2019-2023
Petrobras
 
Apresentação Investor Day, São Paulo, 2018
Apresentação Investor Day, São Paulo, 2018Apresentação Investor Day, São Paulo, 2018
Apresentação Investor Day, São Paulo, 2018
Petrobras
 
Sustentabilidade 2017
Sustentabilidade 2017Sustentabilidade 2017
Sustentabilidade 2017
Petrobras
 
Apresentação PNG 2018-2022
Apresentação PNG 2018-2022Apresentação PNG 2018-2022
Apresentação PNG 2018-2022
Petrobras
 
Apresentação de Pedro Parente no Investor Day Nova York
Apresentação de Pedro Parente no Investor Day Nova YorkApresentação de Pedro Parente no Investor Day Nova York
Apresentação de Pedro Parente no Investor Day Nova York
Petrobras
 
Apresentação de Pedro Parente no Investor Day São Paulo
Apresentação de Pedro Parente no Investor Day São PauloApresentação de Pedro Parente no Investor Day São Paulo
Apresentação de Pedro Parente no Investor Day São Paulo
Petrobras
 
Visão Geral 2017 fevereiro
Visão Geral   2017 fevereiro Visão Geral   2017 fevereiro
Visão Geral 2017 fevereiro
Petrobras
 
Visão Geral Petrobras
Visão Geral PetrobrasVisão Geral Petrobras
Visão Geral Petrobras
Petrobras
 
Plano Estratégico e Plano de Negócios e Gestão 2017-2021
Plano Estratégico e Plano de Negócios e Gestão 2017-2021Plano Estratégico e Plano de Negócios e Gestão 2017-2021
Plano Estratégico e Plano de Negócios e Gestão 2017-2021
Petrobras
 
Plano de Negócios e Gestão 2015 – 2019
Plano de Negócios e Gestão 2015 – 2019 Plano de Negócios e Gestão 2015 – 2019
Plano de Negócios e Gestão 2015 – 2019
Petrobras
 
Webcast 1T16
Webcast 1T16Webcast 1T16
Webcast 1T16
Petrobras
 
Webcast 1Q16
Webcast 1Q16Webcast 1Q16
Webcast 1Q16
Petrobras
 
Webcast 4Q15
Webcast 4Q15Webcast 4Q15
Webcast 4Q15
Petrobras
 
Webcast 4T15
Webcast 4T15Webcast 4T15
Webcast 4T15
Petrobras
 
Webcast 3T15
Webcast 3T15Webcast 3T15
Webcast 3T15
Petrobras
 
Webcast 3T15
Webcast 3T15Webcast 3T15
Webcast 3T15
Petrobras
 
Petrobras at Glance
Petrobras at GlancePetrobras at Glance
Petrobras at Glance
Petrobras
 
Visão Geral
Visão GeralVisão Geral
Visão Geral
Petrobras
 
Fact Sheet 2015
Fact Sheet 2015Fact Sheet 2015
Fact Sheet 2015
Petrobras
 
2015 Fact Sheet
2015 Fact Sheet2015 Fact Sheet
2015 Fact Sheet
Petrobras
 

More from Petrobras (20)

Plano Estratégico 2040 || Plano de Negócios e Gestão 2019-2023
Plano Estratégico 2040 || Plano de Negócios e Gestão 2019-2023Plano Estratégico 2040 || Plano de Negócios e Gestão 2019-2023
Plano Estratégico 2040 || Plano de Negócios e Gestão 2019-2023
 
Apresentação Investor Day, São Paulo, 2018
Apresentação Investor Day, São Paulo, 2018Apresentação Investor Day, São Paulo, 2018
Apresentação Investor Day, São Paulo, 2018
 
Sustentabilidade 2017
Sustentabilidade 2017Sustentabilidade 2017
Sustentabilidade 2017
 
Apresentação PNG 2018-2022
Apresentação PNG 2018-2022Apresentação PNG 2018-2022
Apresentação PNG 2018-2022
 
Apresentação de Pedro Parente no Investor Day Nova York
Apresentação de Pedro Parente no Investor Day Nova YorkApresentação de Pedro Parente no Investor Day Nova York
Apresentação de Pedro Parente no Investor Day Nova York
 
Apresentação de Pedro Parente no Investor Day São Paulo
Apresentação de Pedro Parente no Investor Day São PauloApresentação de Pedro Parente no Investor Day São Paulo
Apresentação de Pedro Parente no Investor Day São Paulo
 
Visão Geral 2017 fevereiro
Visão Geral   2017 fevereiro Visão Geral   2017 fevereiro
Visão Geral 2017 fevereiro
 
Visão Geral Petrobras
Visão Geral PetrobrasVisão Geral Petrobras
Visão Geral Petrobras
 
Plano Estratégico e Plano de Negócios e Gestão 2017-2021
Plano Estratégico e Plano de Negócios e Gestão 2017-2021Plano Estratégico e Plano de Negócios e Gestão 2017-2021
Plano Estratégico e Plano de Negócios e Gestão 2017-2021
 
Plano de Negócios e Gestão 2015 – 2019
Plano de Negócios e Gestão 2015 – 2019 Plano de Negócios e Gestão 2015 – 2019
Plano de Negócios e Gestão 2015 – 2019
 
Webcast 1T16
Webcast 1T16Webcast 1T16
Webcast 1T16
 
Webcast 1Q16
Webcast 1Q16Webcast 1Q16
Webcast 1Q16
 
Webcast 4Q15
Webcast 4Q15Webcast 4Q15
Webcast 4Q15
 
Webcast 4T15
Webcast 4T15Webcast 4T15
Webcast 4T15
 
Webcast 3T15
Webcast 3T15Webcast 3T15
Webcast 3T15
 
Webcast 3T15
Webcast 3T15Webcast 3T15
Webcast 3T15
 
Petrobras at Glance
Petrobras at GlancePetrobras at Glance
Petrobras at Glance
 
Visão Geral
Visão GeralVisão Geral
Visão Geral
 
Fact Sheet 2015
Fact Sheet 2015Fact Sheet 2015
Fact Sheet 2015
 
2015 Fact Sheet
2015 Fact Sheet2015 Fact Sheet
2015 Fact Sheet
 

Recently uploaded

High Profile Girls Call Vadodara 🛵🚡9920725232 💃 Choose Best And Top Girl Serv...
High Profile Girls Call Vadodara 🛵🚡9920725232 💃 Choose Best And Top Girl Serv...High Profile Girls Call Vadodara 🛵🚡9920725232 💃 Choose Best And Top Girl Serv...
High Profile Girls Call Vadodara 🛵🚡9920725232 💃 Choose Best And Top Girl Serv...
6459astrid
 
20240709 CDB Investor Deck_Jul24_vF_Website.pdf
20240709 CDB Investor Deck_Jul24_vF_Website.pdf20240709 CDB Investor Deck_Jul24_vF_Website.pdf
20240709 CDB Investor Deck_Jul24_vF_Website.pdf
yihong30
 
Greenwich degree offer diploma Transcript
Greenwich degree offer diploma TranscriptGreenwich degree offer diploma Transcript
Greenwich degree offer diploma Transcript
fyncacy
 
OP biyezheng degree offer diploma Transcript
OP biyezheng degree offer diploma TranscriptOP biyezheng degree offer diploma Transcript
OP biyezheng degree offer diploma Transcript
yecvuxa
 
Bath Spa University degree Cert diploma offer
Bath Spa University degree Cert diploma offerBath Spa University degree Cert diploma offer
Bath Spa University degree Cert diploma offer
hfyyb
 
20240709 CDB Investor Deck_Jul24_vF_Website.pdf
20240709 CDB Investor Deck_Jul24_vF_Website.pdf20240709 CDB Investor Deck_Jul24_vF_Website.pdf
20240709 CDB Investor Deck_Jul24_vF_Website.pdf
yihong30
 
CITY degree offer diploma Transcript
CITY degree offer diploma TranscriptCITY degree offer diploma Transcript
CITY degree offer diploma Transcript
fyncacy
 
Trump Grazed and Unfazed t shirts Trump Grazed and Unfazed t shirts
Trump Grazed and Unfazed t shirts Trump Grazed and Unfazed t shirtsTrump Grazed and Unfazed t shirts Trump Grazed and Unfazed t shirts
Trump Grazed and Unfazed t shirts Trump Grazed and Unfazed t shirts
exgf28
 
Osisko Gold Royalties Ltd -Corporate Presentation, July 2024
Osisko Gold Royalties Ltd -Corporate Presentation, July 2024Osisko Gold Royalties Ltd -Corporate Presentation, July 2024
Osisko Gold Royalties Ltd -Corporate Presentation, July 2024
Osisko Gold Royalties Ltd
 
GeShiDo Foundation Investor Package-v3 June 2024
GeShiDo Foundation Investor Package-v3 June 2024GeShiDo Foundation Investor Package-v3 June 2024
GeShiDo Foundation Investor Package-v3 June 2024
Place2Give Foundation/Karma & Cents Inc.
 
The impact of foreign direct investment on sustainable growth in Nigeria
The impact of foreign direct investment on sustainable growth in NigeriaThe impact of foreign direct investment on sustainable growth in Nigeria
The impact of foreign direct investment on sustainable growth in Nigeria
olabimpeveronical
 
Girls Call Kochi 000XX00000 Provide Best And Top Girl Service And No1 in City
Girls Call Kochi 000XX00000 Provide Best And Top Girl Service And No1 in CityGirls Call Kochi 000XX00000 Provide Best And Top Girl Service And No1 in City
Girls Call Kochi 000XX00000 Provide Best And Top Girl Service And No1 in City
neshakor5152
 
About Ambassador Olloh Anthony Chinedu, CEO, RoadCEO Liberia Investments
About Ambassador Olloh Anthony Chinedu,  CEO, RoadCEO Liberia InvestmentsAbout Ambassador Olloh Anthony Chinedu,  CEO, RoadCEO Liberia Investments
About Ambassador Olloh Anthony Chinedu, CEO, RoadCEO Liberia Investments
SFXMedia1
 
LBS degree offer diploma Transcript
LBS degree offer diploma TranscriptLBS degree offer diploma Transcript
LBS degree offer diploma Transcript
fyncacy
 
UCL degree offer diploma Transcript
UCL degree offer diploma TranscriptUCL degree offer diploma Transcript
UCL degree offer diploma Transcript
fyncacy
 
Exclusive Girls Call Navi Mumbai 🛵🚡9820252231 💃 Choose Best And Top Girl Serv...
Exclusive Girls Call Navi Mumbai 🛵🚡9820252231 💃 Choose Best And Top Girl Serv...Exclusive Girls Call Navi Mumbai 🛵🚡9820252231 💃 Choose Best And Top Girl Serv...
Exclusive Girls Call Navi Mumbai 🛵🚡9820252231 💃 Choose Best And Top Girl Serv...
902basic
 
WRN_Corporate_Presentation_July_2024.pdf
WRN_Corporate_Presentation_July_2024.pdfWRN_Corporate_Presentation_July_2024.pdf
WRN_Corporate_Presentation_July_2024.pdf
sclegg
 
Thane Girls Call WhatsApp Numbers 🫦9910780858🫦 List For Friendship Girls Service
Thane Girls Call WhatsApp Numbers 🫦9910780858🫦 List For Friendship Girls ServiceThane Girls Call WhatsApp Numbers 🫦9910780858🫦 List For Friendship Girls Service
Thane Girls Call WhatsApp Numbers 🫦9910780858🫦 List For Friendship Girls Service
krishi sain
 
Deutsche EuroShop | Company Presentation | 07/24
Deutsche EuroShop | Company Presentation | 07/24Deutsche EuroShop | Company Presentation | 07/24
Deutsche EuroShop | Company Presentation | 07/24
Deutsche EuroShop AG
 
l'ambassadeur de l'Afrique Newsletter, he official report and newsletter of R...
l'ambassadeur de l'Afrique Newsletter, he official report and newsletter of R...l'ambassadeur de l'Afrique Newsletter, he official report and newsletter of R...
l'ambassadeur de l'Afrique Newsletter, he official report and newsletter of R...
SFXMedia1
 

Recently uploaded (20)

High Profile Girls Call Vadodara 🛵🚡9920725232 💃 Choose Best And Top Girl Serv...
High Profile Girls Call Vadodara 🛵🚡9920725232 💃 Choose Best And Top Girl Serv...High Profile Girls Call Vadodara 🛵🚡9920725232 💃 Choose Best And Top Girl Serv...
High Profile Girls Call Vadodara 🛵🚡9920725232 💃 Choose Best And Top Girl Serv...
 
20240709 CDB Investor Deck_Jul24_vF_Website.pdf
20240709 CDB Investor Deck_Jul24_vF_Website.pdf20240709 CDB Investor Deck_Jul24_vF_Website.pdf
20240709 CDB Investor Deck_Jul24_vF_Website.pdf
 
Greenwich degree offer diploma Transcript
Greenwich degree offer diploma TranscriptGreenwich degree offer diploma Transcript
Greenwich degree offer diploma Transcript
 
OP biyezheng degree offer diploma Transcript
OP biyezheng degree offer diploma TranscriptOP biyezheng degree offer diploma Transcript
OP biyezheng degree offer diploma Transcript
 
Bath Spa University degree Cert diploma offer
Bath Spa University degree Cert diploma offerBath Spa University degree Cert diploma offer
Bath Spa University degree Cert diploma offer
 
20240709 CDB Investor Deck_Jul24_vF_Website.pdf
20240709 CDB Investor Deck_Jul24_vF_Website.pdf20240709 CDB Investor Deck_Jul24_vF_Website.pdf
20240709 CDB Investor Deck_Jul24_vF_Website.pdf
 
CITY degree offer diploma Transcript
CITY degree offer diploma TranscriptCITY degree offer diploma Transcript
CITY degree offer diploma Transcript
 
Trump Grazed and Unfazed t shirts Trump Grazed and Unfazed t shirts
Trump Grazed and Unfazed t shirts Trump Grazed and Unfazed t shirtsTrump Grazed and Unfazed t shirts Trump Grazed and Unfazed t shirts
Trump Grazed and Unfazed t shirts Trump Grazed and Unfazed t shirts
 
Osisko Gold Royalties Ltd -Corporate Presentation, July 2024
Osisko Gold Royalties Ltd -Corporate Presentation, July 2024Osisko Gold Royalties Ltd -Corporate Presentation, July 2024
Osisko Gold Royalties Ltd -Corporate Presentation, July 2024
 
GeShiDo Foundation Investor Package-v3 June 2024
GeShiDo Foundation Investor Package-v3 June 2024GeShiDo Foundation Investor Package-v3 June 2024
GeShiDo Foundation Investor Package-v3 June 2024
 
The impact of foreign direct investment on sustainable growth in Nigeria
The impact of foreign direct investment on sustainable growth in NigeriaThe impact of foreign direct investment on sustainable growth in Nigeria
The impact of foreign direct investment on sustainable growth in Nigeria
 
Girls Call Kochi 000XX00000 Provide Best And Top Girl Service And No1 in City
Girls Call Kochi 000XX00000 Provide Best And Top Girl Service And No1 in CityGirls Call Kochi 000XX00000 Provide Best And Top Girl Service And No1 in City
Girls Call Kochi 000XX00000 Provide Best And Top Girl Service And No1 in City
 
About Ambassador Olloh Anthony Chinedu, CEO, RoadCEO Liberia Investments
About Ambassador Olloh Anthony Chinedu,  CEO, RoadCEO Liberia InvestmentsAbout Ambassador Olloh Anthony Chinedu,  CEO, RoadCEO Liberia Investments
About Ambassador Olloh Anthony Chinedu, CEO, RoadCEO Liberia Investments
 
LBS degree offer diploma Transcript
LBS degree offer diploma TranscriptLBS degree offer diploma Transcript
LBS degree offer diploma Transcript
 
UCL degree offer diploma Transcript
UCL degree offer diploma TranscriptUCL degree offer diploma Transcript
UCL degree offer diploma Transcript
 
Exclusive Girls Call Navi Mumbai 🛵🚡9820252231 💃 Choose Best And Top Girl Serv...
Exclusive Girls Call Navi Mumbai 🛵🚡9820252231 💃 Choose Best And Top Girl Serv...Exclusive Girls Call Navi Mumbai 🛵🚡9820252231 💃 Choose Best And Top Girl Serv...
Exclusive Girls Call Navi Mumbai 🛵🚡9820252231 💃 Choose Best And Top Girl Serv...
 
WRN_Corporate_Presentation_July_2024.pdf
WRN_Corporate_Presentation_July_2024.pdfWRN_Corporate_Presentation_July_2024.pdf
WRN_Corporate_Presentation_July_2024.pdf
 
Thane Girls Call WhatsApp Numbers 🫦9910780858🫦 List For Friendship Girls Service
Thane Girls Call WhatsApp Numbers 🫦9910780858🫦 List For Friendship Girls ServiceThane Girls Call WhatsApp Numbers 🫦9910780858🫦 List For Friendship Girls Service
Thane Girls Call WhatsApp Numbers 🫦9910780858🫦 List For Friendship Girls Service
 
Deutsche EuroShop | Company Presentation | 07/24
Deutsche EuroShop | Company Presentation | 07/24Deutsche EuroShop | Company Presentation | 07/24
Deutsche EuroShop | Company Presentation | 07/24
 
l'ambassadeur de l'Afrique Newsletter, he official report and newsletter of R...
l'ambassadeur de l'Afrique Newsletter, he official report and newsletter of R...l'ambassadeur de l'Afrique Newsletter, he official report and newsletter of R...
l'ambassadeur de l'Afrique Newsletter, he official report and newsletter of R...
 

Strategic Plan 2040 || Business and Management Plan 2019-2023

  • 2. The presentation may contain forward-looking statements about future events that are not based on historical facts and are not assurances of future results. Such forward-looking statements merely reflect the Company’s current views and estimates of future economic circumstances, industry conditions, company performance and financial results. Such terms as "anticipate", "believe", "expect", "forecast", "intend", "plan", "project", "seek", "should", along with similar or analogous expressions, are used to identify such forward-looking statements. Readers are cautioned that these statements are only projections and may differ materially from actual future results or events. Readers are referred to the documents filed by the Company with the SEC, specifically the Company’s most recent Annual Report on Form 20-F, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including, among other things, risks relating to general economic and business conditions, including crude oil and other commodity prices, refining margins and prevailing exchange rates, uncertainties inherent in making estimates of our oil and gas reserves including recently discovered oil and gas reserves, international and Brazilian political, economic and social developments, receipt of governmental approvals and licenses and our ability to obtain financing. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or future events or for any other reason. Figures for 2018 on are estimates or targets. All forward-looking statements are expressly qualified in their entirety by this cautionary statement, and you should not place reliance on any forward- looking statement contained in this presentation. In addition, this presentation also contains certain financial measures that are not recognized under Brazilian GAAP or IFRS. These measures do not have standardized meanings and may not be comparable to similarly-titled measures provided by other companies. We are providing these measures because we use them as a measure of company performance; they should not be considered in isolation or as a substitute for other financial measures that have been disclosed in accordance with Brazilian GAAP or IFRS. Disclaimer — NON-SEC COMPLIANT OIL AND GAS RESERVES: CAUTIONARY STATEMENT FOR US INVESTORS We present certain data in this presentation, such as oil and gas resources, that we are not permitted to present in documents filed with the United States Securities and Exchange Commission (SEC) under new Subpart 1200 to Regulation S-K because such terms do not qualify as proved, probable or possible reserves under Rule 4- 10(a) of Regulation S-X. 2
  • 3. OUR JOURNEY SO FAR Where are we? PATHS TO EVOLVE How to get there? WORLD IN MOTION What do we expect from tomorrow? OUR AMBITIONS Where do we want to go? 2 43 1 3
  • 5. 4 million electric vehicles, shared use, smart grid VECTORS OF ENERGY MARKETS DYNAMICS — SUSTAINABILITY SAFETYACCESS COP 21 ratified by 179 countries Double renewable generation between 2000-2017 ~1 billion people to be included 42% of production in areas with conflicts EMISSIONS RENEWABLES ENERGY INCLUSION GEOPOLITICS TECHNOLOGICAL REVOLUTION 5
  • 6. THREE DISTINCT VISIONS FOR THE FUTURE: STREAM, SHOAL AND CORAL — STREAM - SLOW ENERGY TRANSITION SHOAL - MODERATE ENERGY TRANSITION CORAL - ACCELERATED ENERGY TRANSITION transitionspeed + — 6
  • 7. 65% 35% 48% 52% -14% 114% 1990 2015 2040 2040 20402040 OIL NATURAL GAS RENEWABLES COAL NUCLEAR8.8 13.6 19.6 16.2 17.9 Oil Natural Gas Coal Hydro Nuclear Bioenergy Other Renewables PRIMARY ENERGY SUPPLY Billion TOE OIL STILL THE MAIN ENERGY SOURCE — ENERGY DEMAND CHANGE BY SOURCE 2015-2040 Period Fossil Non-fossil Fossil Non-fossil Fossil Non-fossil 7
  • 8. TRENDS IN ALL SCENARIOS — Technological revolution in MOBILITY brings uncertainties to oil demand Demand for RENEWALBE presents the highest growth rates in all scenarios Paris Agreement brings stricter ENVIROMENTAL RESTRICTIONS Energy GROWTH OF DEMAND Among fossil energies, NATURAL GAS presents the highest rate of growth 8 RESILIENCE OF THE PETROCHEMICAL SECTOR
  • 10. HIGHLIGHTS — Main highlights from 2015 to 3Q18 PRICING POLICY aligned to international market Delivery of PRODUCTION TARGETS 5.1  2.7 Reduction of NET DEBT/ EBITDA by half 2.15  1.06 Reduction in TRI by half US$106 billion US$73 billion Net debt reduction and extension  10 8 NEW production systems (+3 in the 4Q18)
  • 11. ENHANCED GOVERNANCE MODEL — BOARD OF DIRECTORS COMMITTEES • 81% independent members (minimum 40%) • Prohibition of political appointments (State-Owned Companies Law) • Independent members from the Federal Government: selected from a three-name list • Individual assessment BOARD OF DIRECTORS • Joined Level 2 of B3 • State-Owned Companies Governance Program • Related Parties Transactions Policy • Elimination of all material weaknesses Independent reporting channel +60 thousand employees trained since 2015 +15 thousand suppliers assessed since 2015 11
  • 12. 1.6 4.1 HISTORY OF THE LAST PLANS — 2017-2021 BMP 2018-2022 BMP 2019-2023 BMP 1.09 3.2 1.06 2.6 3Q 20183Q 20173Q 2016 • Revenue optimization • Processes and cost efficiency • Debt reduction • Active portfolio management • Shareholder remuneration • Profitability target • Competitive prices • OPEX and CAPEX Efficiency • Debt reduction • Partnerships and Divestments • Competitive prices • OPEX and CAPEX Efficiency • Debt reduction • Partnerships and Divestments • Advance Dividend 12
  • 14. An integrated energy company that evolves with society, generates high value and has a unique technical capability VISION — 14
  • 15. PURPOSE — Provide the energy that moves society to fulfill its potential 15
  • 16. • Respect for life, people and environment • Ethics and transparency • Overcoming and confidence • Market Driven • Results oriented VALUES — 16
  • 17. EXPLORATION & PRODUCTION • Maximize Petrobras’ value through the active management of the E&P portfolio • Ensure the sustainability of oil and gas production, prioritizing deepwater operations NATURAL GAS • Optimize the position in the Natural Gas and Power segment in Brazil and develop positions in the global market, through partnerships OUR STRATEGIES — 17
  • 18. RENEWABLES • Act profitably in the renewable energy segment, focusing on wind and solar energy in Brazil REFINING, TRANSPORTATION, MARKETING AND PETROCHEMICAL • Maximize Petrobras’ value through active management of the refining, logistics, marketing and petrochemical portfolios, integrated into national oil and gas production activities • Exit the fertilizer, LPG distribution businesses and biodiesel and ethanol production interests 18 OUR STRATEGIES —
  • 19. CORPORATE STRATEGIES • Develop critical skills and a high performance culture to meet the company's new challenges • Prepare Petrobras for a more competitive environment based on cost efficiency, scale and digital transformation • Evaluate current and future partnerships seeking integrity and value creation • Strengthen Petrobras' credibility, pride and reputation among our stakeholders 19 OUR STRATEGIES —
  • 21. TOP METRICS — SAFETY TRI Total recordable injury frequency rate BELOW 1 in 2019 DEBT REDUCTION ND/EBITDA Net Debt/Ajusted Ebitda BELOW 1.5 in 2020 PROFITABILITY ROCE Return over capital employed ABOVE 11% in 2020 21
  • 22. MAIN PLANNING ASSUMPTIONS — 22 Forecast range Brent Prices (US$/barrel) Nominal Exchange Rate (R$/US$) 3.3 3.5 3.2 3.6 3.6 3.6 3.7 3.7 3.8 2015 2016 2017 2018 2019 2020 2021 2022 2023 Focus Interval (11/30/2018) 57 47 57 74 66 67 72 75 75 2015 2016 2017 2018 2019 2020 2021 2022 2023
  • 23. STRENGTHS TO EVOLVE Expansion leveraging core competencies and skills US$ 5 bi US$ 0.3 bi CAPEX US$ 5.3 biPETROCHEMICAL VALUE GENERATION ENGINES — MOVEMENT TOWARD THE FUTURE Construction of another engine to perpetuate growth equation US$ 0.4 bi CAPEX US$ 0.4 biWIND, SOLAR AND BIOFUELS CAPEX US$ 78.4 bi DRIVING FORCE Central element of competitiveness, with clear industry leadership US$ 68.8 bi US$ 8.2 bi REFINING, TRANSPORTATON AND MARKETING E&P 23 NATURAL GAS and ENERGY TOTAL INVESTMENT OF BMP 2019-2023 US$ 84.1 bi ( Include US$ 1.4 billion of investments from corporate)
  • 25. 16% 70% 14% 44% 56% E&P INVESTMENTS — 68.8 US$ billion 2019 – 2023 E&P INVESTMENTS US$ billion Exploration Infrastructure + R&D Production Development 48.4 US$ billion Pre-Salt Post-Salt 25 Production Development
  • 26. PRODUCTION GROWTH — 26 2019 2020 2021 2022 20232018 BERBIGÃO P-68 BÚZIOS 3 P-76 BÚZIOS 4 P-77 MERO 1 SÉPIA BÚZIOS 5 ATAPU 1 P-70 INTEGRADO PQ. DAS BALEIAS MERO 2 REVITALIZAÇÃO MARLIM 1 SEAP 1 ITAPU REVITALIZAÇÃO MARLIM 2 millionboed BÚZIOS 1 P-74 LULA EXTREMO SUL P-69 BÚZIOS 2 P-75 LULA NORTE P-67 TARTARUGA VERDE CONTRACTED TO BE CONTRACTED 2.8 +10%     2.1 2.3 -0.1 2.7 OIL + GAS ABROAD GAS IN BRAZIL OIL IN BRAZIL DIVESTMENTS
  • 27. E&P VALUE — • 13 new production systems • Revitalization of the Campos Basin • Lifting cost pre-salt <7 US$/boe • Lifting cost <10 US$/boe from 2020 INCREASED REVENUE ACTIVE PORTFOLIO MANAGEMENT COST EFFICIENCY ROCE HIGHER THAN 11% FROM 2020 RISK RETURN • Investments in fields with higher profitability and strategic partnerships 2019 11% 2020 >11% 27
  • 28. SOLID EXPLORATORY PORTFOLIO — Camumu, Almada & Jequitinhonha Ceará Potiguar Espírito Santo Sergipe & Alagoas Offshore Onshore Pelotas Barreirinhas Santos CamposParaná Parnaíba Acre Foz do Amazonas Pará- Maranhão Margem Equatorial • 21 blocks acquired • 136 exploratory blocks Colômbia 28 6.8 10.8 2018-2022 BMP 2019-2023 BMP INCREASE OF EXPLORATORY INVESTMENT US$ Billion 59%
  • 29. MAIN E&P PROJECTS — PRE-SALT FIELDS WITH COMMERICALITY DECLARED Contracted To be contracted Capex US$ 9 billion BÚZIOS Capex US$ 3.5 billion MERO Capex US$ 4.6 billion LULA/CERNAMBI Total Capex US$ 20.5 billion Strategic partnership with Equinor in Roncador and new projects guarantee the sustentability of production CAMPOS BASIN 8 1 1 2 2 1 1 OBS: CAPEX 2019-2023 refers to Petrobras working interest 29 Capex US$ 1.7 billion BERBIGÃO/SURURU Capex de US$ 2.7 billion ATAPU 1 1
  • 30. REFINING, NATURAL GAS AND RENEWABLE 30
  • 31. REFINING AND NATURAL GAS INVESTMENTS — 13.9 US$ billion 61% 36% 3% Natural Gas and Power Renewables REFINING AND NATURAL GAS INVESTMENTS 2019 – 2023 US$ billion Refining, Transportation, Marketing and Petrochemicals 31
  • 32. 2.3 MM bpd in 2017 REPOSITIONING IN REFINING — Seventh largest consumer of oil products in the world Upward trend, as opposed to more mature markets 99% 60% 1% 1% 2018 Proposed Model Other South Cluster Northeast Cluster Petrobras REFINING CAPACITY* IN BRAZILPRIVILEGED CONDITIONS FOR THE REFINING INDUSTRY IN BRAZIL +1.5% per year by 2023 32 *Comperj refinery under feasibility study, in partnership with CNPC
  • 33. INCREASED TREATMENT CAPACITY RNEST + 160 thousand bpd TREATMENT + 98 thousand bpd MAIN REFINING PROJECTS — US$1.3 billion investment Projects meet the Diesel S-10 market 33 UNIT 1 - Conclusion of the atmospheric emission abatement unit (SNOX) and Revamp UNIT 2 - Conclusion of the new unit RNEST
  • 34. SP RJ ROUTE1 ROUTE 3 UTG SERGIPE MAIN NATURAL GAS PROJECTS — US$3.7 billion investment UPGN, Pipeline Route 3 and North Ducts to increase offloading and processing capacity for pre-salt gas Adapt UTGCA Adaptation to process pre-salt gas Facilitate offloading and processing of the gas produced in the deepwater fields of Sergipe/Alagoas 34 SE
  • 35. DEVELOP A POSITION ON THE GLOBAL NATURAL GAS MARKET — • 3 LNG RECEIVING TERMINALS • IMPORTER MARKET CONCENTRATED IN BRAZIL • PARTICIPATION IN TRADING SPOT AND SHORT-TERM • DEVELOPMENT OF GLOBAL MARKETS • PURSUIT OF LONG-TERM COMPETITIVE SUPPLY • INCREASE IN THE OPTIMIZATION/TRADING ACTIVITY OF THE PRODUCT CURRENT FUTURE 35
  • 36. MAIN RENEWABLE ENERGY PROJECTS — • Participation in solar energy auctions • Gradual entry in the distributed solar generation market • Offshore Wind Power projects for the next decade • BioQAV production and GreenDiesel in plants integrated to refineries • Partnerships with Total and Equinor in progress 36
  • 37. Prospect of 8% reduction of emissions in the value chain ** 37 2040 HORIZON PETROBRAS TARGETS AND AMBITIONS FOR EMISSIONS — 2015 2023 TARGET 2025 AMBITION 2025 E&P Intensity kgCO2e/boe Refining Intensity kgCO2/t CWT OUR TARGETS CWT = Complex Weighted Tonne Despite increased production, we commit to ZERO growth of absolute operating emissions* ** Scope 1, 2 e 3 22 21 16 15 13 -32% 43 43 37 36 34 -16% 2017
  • 38. SOURCES AND USES — 84.1 39 20 114.2 2.0 26.9 SOURCES USES FINANCIAL EXPENSES AMORTIZATIONS INVESTMENTS SOURCES AND USES 2019 – 2023 US$ billion TOTAL 143.1 143.1 Divestments aligned to portfolio management No need for new net funding in 2019-2023 PARTNERSHIPS AND DIVESTIMENTS USE OF CASH 38 ACTIVE PORTFOLIO MANAGEMENT USE OF CASH CASH FLOW GENERATION AFTER DIVIDENDS, TAXES AND LIABILITIES
  • 39. PARTNERSHIPS AND DIVESTMENTS — Braskem: Awaiting LyondellBasell's final offer to evaluate the exercise of tag along rights BINDING PHASE TEASER AND NON- BINDING PHASE ON HOLD • TAG • REFINING PARTNERSHIPS • UFN-III • ARAUCÁRIA NITROGENADOS • ONSHORE FIELDS (LAGOA PARDA) • BSBIOS • SHALOW WATER FIELDS (RN) • BAÚNA FIELD • TARTARUGA VERDE FIELD AND MODULE 3 OF ESPADARTE (50%) • SERGIPE ALAGOAS – DEEP WATERS • PASADENA REFINERY • SHALOW WATER FIELDS (RJ, SP, CE E SE) • ONSHORE FIELDS • PIRANEMA AND PIRANEMA SUL (SE) FIELDS • MAROMBA FIELDS(RJ) 39
  • 40. RISKS TO OUR BUSINESS — • Continuous monitoring of the main risks • Liaison with regulatory bodies (ANP, IBAMA …) MAIN MITIGATION ACTIONS RISKS ON THE HORIZON OF THE 2019 - 2023 BMP MAJOR PROJECTS COMMERCIAL POLICY PARTNERSHIPS AND DIVESTMENTS LITIGATION OPERATIONAL CONTINUITY • Monitoring of margin and market share • Prices that reflect international market conditions • Hedging strategy • Active portfolio management • Risk sharing • Continuous evaluation of litigation risks • Business continuity plan for critical assets • Integrated asset inspection plan 40
  • 41. CULTURAL TRANSFORMATION — People management driven by cultural transformation • Increased focus on efficacy and value to the business • Employee capacitation to meet new business challenges • Merit base on recognition • Stimulate autonomy, flexibility and quality in the work environment • Strengthen the processes of attraction, rotation, development, retention e succession • Incorporate the vision of digital transformation in the routine of the employee 41
  • 42. • Management of partnerships and production sharing contracts • Active portfolio management • Technological challenges • Decommissioning of assets E&P • Prospecting technological innovations • Management of large projects • Decommissioning of wells and submarine systems DP&T • Culture of services • Care of people • Development of leaders and specialists • Relationship with stakeholders CORPORATE AREAS • Expansion of trading activities • Active portfolio management • New business development • Development of competencies to the global gas Market RGN TRANSVERSAL CORE COMPETENCIES • Leadership and management • Technology and digital transformation • Development of international operation • Negotiation CORE COMPENTENCIES MAPPED IN THE 2019-2023 BMP AND 2040 STRATEGIC PLAN — 42
  • 43. CONTRIBUTION TO INVESTORS — • Profitability target  ROCE • Efficient allocation of investments • Approval of projects with worst-case scenarios • Optimum leverage  25% • Maintain shareholder remuneration policy. Eventual change in the distribution, considering the reduction of debt indicators and new investment opportunities CAPITAL DISCIPLINE CAPITAL DISCIPLINE 43
  • 44. CONTRIBUTION TO SOCIETY — • R$600 billion in federal, state and municipal taxes • R$13 billion in R&D investments, half of this amount in Brazilian universities • R$ 6 billion in social and environmental projects throughout the country • Creation of approximately 450 thousand jobs in the country 44
  • 45. 45 The challenge is figuring out today what will matter to Petrobras tomorrow and prepare the company for the future that is developing now 45