IMPROVING QUAYSIDE LOGISTICS AND
SUPPORT INFRASTRUCTURE IN BRAZIL
APIMEC
David Melo
August 2014
DISCLAIMER
Disclaimer This presentation contains statements that may constitute “forward-looking statements”,
based on current opinions, expectations and projections about future events. Such statements are also
based on assumptions and analysis made by Wilson, Sons and are subject to market conditions which
are beyond the Company’s control.
Important factors which may lead to significant differences between real results and these forwardlooking statements are: national and international economic conditions; technology; financial market
conditions; uncertainties regarding results in the Company’s future operations, its plans, objectives,
expectations, intentions; and other factors described in the section entitled "Risk Factors“, available in
the Company’s Prospectus, filed with the Brazilian Securities and Exchange Commission (CVM).
AGENDA
OFFSHORE SUPPLY BASE DESCRIPTION
EXISTING FACILITIES IN BRAZIL AND PROJECTS
FUTURE OUTLOOK: NEW FRONTIERS IN SOUTH AMERICA AND
DEMAND FORECAST
3
OFFSHORE SUPPLY BASE
Relevance of Logistics Support in Upstream Chain
o
Among the Exploration and Production activities, logistic support has a high demand through all phases of
the value chain:
Exploration
Development
of Production
Production
Refining
Distribution
1 - Reservoir Services
2 - Drilling contracts
3 - Drilling and equipment services
4 - Coating and well completion
5 - Infrastructure
6 - Production and maintenance
7 - Well Abandonment / Decomissioning
8 - Logistics Support
High Relevance
Low Relevance
Sources: BNDES, Bain & Company (2008).
OFFSHORE SUPPLY BASE
Chain Workflow
Suppliers
Exploration and
Production
Supply Chain
• PSV • LH
• AHTS • TS
• FSV • SV
• Pipes
• Fluids
• General Load • Water
• Chemical
• Diesel
Offshore
Support Vessels
External
Market
Storage Area
Offshore
Support Base
• Wastes
• Backload
Local Suppliers
Waste
Management
Offshore
Platforms
• FPSO
• Other
platforms
• Rigs
• Others
People
Transportation
Airport
OFFSHORE SUPPLY BASE
Services Description
LOGISTICS SERVICES
• Port Operation;
• Material Handling;
• Covered and Uncovered
Warehouse, including chemical
products;
• Inventory Management;
• Equipment Inspection;
• Transport;
• Pump of fresh water, fluids
for drilling and well
completion;
• Container rental;
• Procurement;
• Office space.
ENVIRONMENTAL SERVICES
• Oil Spill Containment Services;
• Tank Cleaning;
• Waste Management.
AGENDA
OFFSHORE SUPPLY BASE DESCRIPTION
EXISTING FACILITIES IN BRAZIL AND PROJECTS
FUTURE OUTLOOK: NEW FRONTIERS IN SOUTH AMERICA AND
DEMAND FORECAST
7
BRAZILIAN SUPPLY BASES
Existing regular supply bases in the country
Pecém (Unilink)
1 berth
Guamaré (Petrobras)
2 berths
Barra dos Coqueiros (TMIB)
Vitória (VOL)
1 berth
2 berths
Vila Velha (CPVV)
3 berths
Brasco Niterói
Brasco Caju
3 berths
1 berth (actual)
5 berths (2015)
Nitshore
Imbetiba (PB Base
CPVV operation)
6 berths
6 berths
Triunfo (Public)
Itajaí (Brasil Supply)
1 berth
8 berths
34 berths
Petrobras
IOCs (International Oil Companies)
Port infrastructure available
exclusive for O&G offshore.
BRAZILIAN SUPPLY BASES
Projects of supply bases in Southeast
São Mateus
Petrocity
Exploration
Round 11
The following projects have already
obtained environmental licenses:
Development
Production
Vila Velha
Nisibra
Libra
Cessão Onerosa
Aracruz
Imetame
• C-Port - LP (May, 2013).
Itapemirim
Itaoca Offshore
Edison Choues/C-Port
São João da Barra (Açu)
Edison Chouest/Prumo
Macaé
Tepor/Terlom (Queiroz Galvão)
Imbetiba (Petrobras)
• Itaoca Offshore – LP (October,
2013).
• Imetame – LP (January, 2013).
Presidente Kennedy
Porto Central
Barra do Furado
BR Offshore
• Nisibra – LI (December, 2011):
company had an LI (October,
2005), but needed to renew it.
• Açu – LI (October, 2013).
Rio de Janeiro
Brasco Caju:
+ 86 berths
Total number of project´s
infrastructure announcements.
Sources: Antaq, INEA, IEMA, Cestesb, Companies’ presentations, Portos e Navios.
9
BRAZILIAN SUPPLY BASES
Campos and Santos basins – strong logistics demand in the short term
Highest Fields
Jubarte
(Petrobras)
(oil production mbbl/d)
Marlim Sul
Roncador
Marlim
Lula
Jubarte
Marlim…
Barracuda
Peregrino
264
245
163
151
135
117
94
79
Petrobras
Statoil
Macaé
Rio de Janeiro / Niterói
Peregrino
(Statoil)
Santos / Guarujá
Roncador
(Petrobras)
Barracuda
(Petrobras)
Lula
(Petrobras)
Marlim / Marlim Sul /
Marlim Leste (Petrobras)
Bacia
Santos
Bacia
Campos
Itajaí
Libra
Cessão Onerosa
Exploration
Development
Production
Highest fields
(production)
Sites with existing
offshore bases
10
BRAZILIAN SUPPLY BASES
Supply Bases Expansion - Brasco Caju example
Infrastructure - before civil works
11
BRAZILIAN SUPPLY BASES
Supply Bases Expansion - Brasco Caju example
Infrastructure - actual
12
BRAZILIAN SUPPLY BASES
Supply Bases Expansion - Brasco Caju example
Infrastructure - after civil works (illustrative)
13
AGENDA
OFFSHORE SUPPLY BASE DESCRIPTION
EXISTING FACILITIES IN BRAZIL AND PROJECTS
FUTURE OUTLOOK: NEW FRONTIERS IN SOUTH AMERICA AND
DEMAND FORECAST
14
FUTURE OUTLOOK
New frontiers
North and Northeast regions - Results of 11th Bidding Round (ANP)
Pará Maranhão
Foz do Amazonas
Ceará
Barreirinhas
Potiguar
Market Share (# of blocks – Selected Basins)
Petrobras
Petrobras
Others
Demais
ESPÍRITO SANTO
70%
30%
CAMPOS
69%
31%
SANTOS
68%
32%
POTIGUAR
88%
13%
CEARÁ
50%
50%
PARÁ MARANHÃO
50%
50%
PERNAMBUCO…
BARREIRINHAS
43%
18%
Espírito Santo
57%
82%
F O Z D O A M A Z O N A S 13%
TOTAL BRASIL
Pernambuco Paraíba
88%
66%
34%
Source: ANP.
15
FUTURE OUTLOOK
New frontiers – Navigation distances in the Equatorial Margin
Distance from basin centroid to closest location
Foz do Amazonas
329 NM
Distance from basin centroid to closest location
389 NM
Pará Maranhão
Macapá
246 NM 202 NM
Barreirinhas
127 NM
Belém
São Luís
125 km
40 NM
Pecém
67 NM
Vitória
Vitória
Ceará
135 NM
Potiguar
38 NM
Campos
Areia Branca Santos
- There is a big distance from the blocks to the land in
Foz do Amazonas, Pará Maranhão and Barreirinhas
basins.
- Even with the pre-salt basins, distances are smaller
than Foz do Amazonas and Pará Maranhão basins.
Espírito Santo
Santos
138 NM
Santos
FUTURE OUTLOOK
New frontiers – Land logistics in the Equatorial Margin
Navigation
Land logistics
Distance to main suppliers
Macapá: ~3,600 km
Belém: ~3,150 km
São Luís: ~2,900 km
Pecém/Fortaleza: ~2,600 km
Land logistics
Macapá
- Multiclient freight consolidation and
optimization;
Belém
São Luís
- Possibility of creating distribution
centers in the region.
Pecém
Fortaleza
- Safety issues may be an important
concern due to the “road risks”.
Navigation
- Possibility of using shared supply base
(regional clusters);
BR-153
Main suppliers
(Rio/Macaé)
BR-407
BR-116
- Shared management and supply of
vessels (vessel sharing / pool);
- Rig Clubs.
17
FUTURE OUTLOOK
New frontiers – Other challenges in the Equatorial Margin
Environmental questions
- Located in the Legal Amazon: compulsory maintenance of 80% of the
native vegetation. Restriction of backyard availability;
- Possible need of establishing a more complex emergency response
infrastructure (ecosystems);
- Local market lack of certified waste destinators;
- Little experience of local institutions with O&G offshore industry;
- Large area being impacted (big distances to the offshore blocks) – gas
emission by the maritime transport and oil spill risks.
Seasonality
- Agriculture: potential of Belém region for
exportation of agricultural loads (forecasting of port
investments and access roads crossing the
agricultural frontier);
- Mining: Considerable amount of private terminals
belonging to mining/steel companies (Anglo Ferrous,
Vale, Alumar). Especially in Macapa and São Luís.
Other challenges
- Development of local workforce standards in training /
experience of O &G;
- Local suppliers chain;
- Difficulty for offshore aviation: need of aircraft charter for
long distances, few areas for landing and takeoff;
- Variation of tides and currents, making navigation more
difficult;
- Non-technical risks management.
Sources: Energia Hoje (392, 07/2013), internal studies and Ministério do Meio Ambiente.
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CONCLUSIONS
 The logistics supply base plays a key role in the Oil & Gas value
chain.
 The more mature the industry gets, the higher is the demand for
specialized logistics services. Thus, the supply base needs to be
focused in the O&G industry.
 There is a developed infrastructure in Southeast of Brazil, but
the growing demand is pulling many other projects.
 There is good perspective and also big challenges for the
logistics development in other regions: Equatorial Margin and
South of Brazil.
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David Melo
Brasco Logística Offshore
[email protected]
+55 21 2718-9293
Thank you!