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IN DEPTH EDITION www.petrobras.com/magazine Cutting edge technology Innovations employed to enable pre-salt production ensure to Petrobras, for the third time, the OTC Distinguished Achievement Award PETROBRAS MAGAZINE EDITORIAL CONTENTS Global Connections 03 www.petrobras.com/magazine New Dimensions IN DEPTH EDITION The triumph 04 of experience Photo: Petrobras Agency Petrobras Photo: All Over Inside Story Recognized The importance Message from the president 10 competence 34 of knowledge his year, for the third time, Basin when we surpassed, for the first innovative technologies. In the subsea Petrobras is celebrating time ever, a water depth milestone: oil engineering area, we installed and the achievement of the production beyond 1,000 meters. operated the first Buoy Supporting highest international award Risers, a subsea structure weighting any petroleum company Moving forward, the company developed 2,700 tons. We have made great gains Tcan earn: the OTC Distinguished pioneer technologies with our local in achieving new water depth records Achievement Award. Granted by the and international partners. We broke for risers, and have managed to re- Energy Geek Frontiers Offshore Technology Conference – the the water depth record for offshore inject all the CO2 produced offshore Pre-salt Promising most important entity for the offshore production systems and respective into the pre-salt reservoirs of the Technology partnership industry – the distinction recognizes the subsea equipment, at the same time Santos Basin. By separating all of the 12 38 contributions the company has made as we raised our oil and gas reserves. CO2 from natural gas at our production toward developing new technologies for In 2001, we were again honored with platforms in the region, we have this industry, as a result of its efforts the OTC Distinguished Achievement prevented atmospheric emissions of 1 to explore and produce the pre-salt Award, this time for the Roncador million tons of CO2, which has brought petroleum deposits. Today, the pre-salt field development, which provided great benefits for the environment as has become a consolidated reality. We the oil and gas industry with new well as our recovery factors. These are produce from that region approximately threshold and references for offshore technologies first applied by Petrobras, Over the Seas 700,000 barrels per day of petroleum, technology. The prize we are receiving and today they are ready for use. We Excellent results, Dialogues representing more than 30% of our entire now in 2015 shows this history was hope these become yet another legacy even better Working Brazilian production. This milestone based on hard work and excellence, established by Petrobras for the benefit was achieved in record time: only eight which has always characterized of the global oil and gas industry. 26 expectations 44 together years since the discovery of this new the Petrobras technical team. frontier for exploration was announced. While these are significant The development of the pre-salt is the achievements, it is important to point The award results from a long history, natural continuity of knowledge and out that our success is the result of STAFF and shows the consistent technical technologies gained since the 80s. The the determination by Petrobras, since EXECUTIVE MANAGER FOR CORPORATE COMMUNICATION: Luis Fernando Maia Nery | INSTITUTIONAL RELATIONS AND OWNED achievements Petrobras has made in pre-salt meant new challenges – from MEDIA MANAGER: Gilberto Puig Maldonado | INTERNATIONAL RELATIONS MANAGER: Patricia de Mello Dias | EDITOR AND our very beginning, to overcome its COORDINATOR: | EDITORS: deepwater exploration and production. the discovery and geologic modelling Estephani Beiler Zavarise Carlos Aurélio Werneck de Miranda e Silva, Talita Toledo Leite, Telmo challenges. Our efforts are based on the Wambier | IMAGE EDITOR: Suzana Fuhrken Peixoto | TEXTS: Larissa Asfora, Roberto Francellino, Taísa Fortes | TRANSLATION The first time we received the OTC of these reservoirs to the extraction of firm foundation of our technical staff, AND REVISION: John Waggoner | IMAGES: Matheus Alvarenga Cardeal, Marcelo Freitas award, in 1992, we were recognized petroleum from sites located at great whose competence is unquestionable for a set of technologies applied distances from shore, at extreme water Credits – as demonstrated by yet another GRAPHIC DESIGN: MQuatro Design at the Marlim field in the Campos and reservoir depths, and beneath conquest in our history of success. Petrobras Magazine Global Connections is not sold. To request a subscription or information, or to Basin. At the time, the global industry a thick layer of salt which required send in a letter or suggestions, contact our editorial team at the address below: recognized the efforts by Petrobras innovative technologies for drilling. Petrobras / Relacionamento Internacional and our partners (equipment suppliers Aldemir Bendine Avenida República do Chile 65, sala 1902 - Rio de Janeiro - RJ - CEP: 20031-912 Brasil Email: [email protected] | Website: www.petrobras.com/magazine and service contractors) to enable In the first pre-salt fields, we successfully President The partial or total reproduction of this publication’s articles is authorized provided that the source is credited. offshore production in the Campos developed and tested an array of Petrobras Copyright 2015 by Petrobras. Affiliated to the Brazilian Association of Corporate Communication. PETROBRAS MAGAZINE NEW DIMENSIONS Global Connections 05 The triumph “THE AWARD RECOGNIZES HOW MUCH PETROBRAS HAS of experience CONTRIBUTED OVER TIME TO DEVELOPING Petrobras Magazine Global Connections INNOVATIVE interviews Solange da Silva Guedes, Director of Exploration and Production at Petrobras TECHNOLOGIES FOR THE OFFSHORE he award given Petrobras the company, in partnership with other chance that its technological excellence PETROLEUM this year by the Offshore operators, suppliers, and the scientific is being recognized. Few companies, Technology Conference (OTC), community. More so, it meant the anywhere in the world, have managed INDUSTRY” recognizes at an international unprecedented mobilization of its most to achieve this. The award recognizes level the ample contribution valuable asset: its wealth of knowledge. how much Petrobras has contributed — Tthe company has made to the petroleum over time to developing innovative industry as a whole through its set of Solange da Silva Guedes, Director of technologies for the offshore petroleum new technologies. This award not only Exploration and Production at Petrobras, industry. Above all, it confirms how takes into consideration the magnitude says in this interview that developing well qualified our technical team is, of the results obtained, but first and this new frontier was possible only which has continuously surpassed foremost the enormous value these because of the knowhow accumulated the limits of the industry, as well as technologies will bring to future projects. over more than three decades of the valuable contributions of our These technologies, applied in the exploration and production in Brazilian partners and the competence of our pre-salt production development, are deepwater, and the qualifications equipment and service providers. innovations which have made decisive of the company’s technical team. contributions to the efforts by Petrobras and its partners to surpass the milestone PMGC: How has Petrobras prepared of 700 ,000 barrels per day (bpd) of oil PMGC: What do you make of for pre-salt development, from this geologic frontier only eight Petrobras’ conquest of the OTC in such a challenging ultra- years after the first discovery. This result prize for the third time? deepwater environment? shows beyond doubt the capacity of the company in exploration and production. Solange: The OTC Distinguished Solange: When it began its pre-salt Achievement Award for Companies, activities, Petrobras already had Making it technically and economically Organizations, and Institutions is the accumulated a considerable amount viable to produce petroleum in a new highest award a petroleum company can of knowledge about exploration and exploratory zone, with conditions which win. The fact that Petrobras was even production in deep and ultra-deepwater. were largely unknown, was a step which considered for this distinction three Our experience in the acquisition, Cris Isidoro Photo: took enterprise and daring on the part of times demonstrates it is not by mere processing and interpretation of PETROBRAS MAGAZINE NEW DIMENSIONS Global Connections 07 “THE SUBSEA SYSTEMS FOR THE PRE-SALT WERE SUBJECTED TO DIFFERENT PRESSURES, WHICH REQUIRED NEW AND MORE RESISTANT MATERIAL SPECIFICATIONS” — seismic data, geologic and reservoir salt that in some cases is up to 2,000 flow models, risk management, drilling meters thick. The metocean conditions and completions, subsea production are more severe than in Campos Basin. systems, ultra-deepwater mooring, The reservoirs consist of microbial and processing plants, among others, carbonates, which formerly had been in Campos Basin prepared us for the poorly understood, with characteristics greater challenge of developing the of permeability and porosity, as well pre-salt. Even so, setting off into as hydrodynamic behavior, which is a new frontier with the complexity different than the turbidite sandstone of the Santos Basin pre-salt was an we are most familiar with. Additionally, undertaking that demanded