Petrobras, Petroleo Brasileiro S A

Corporate

Petroleo Brasileiro S A or Pettrobras is the largest company of Brazil. Petrobras was established in October 1953 and is owned and managed by the state. Today the company has grown and diversified to become the 8th largest oil company in the world.
Petrobras is a Fortune 500 company.

Activities

The main operational areas of Petrobras are:

Oil and Gas Exploration, Development and Production
Oil Refining
Gas Processing
Oil and Gas Marketing and Transportation

Offshore Production

Petrobras is focused on:

Leveraging its competitive advantages in South America
Developing and leading the Brazilian gas market
Selectively penetrate the petrochemicals market
Increase market share in the biofuels market

Performance

In fiscal 2005 the total revenue recorded by Petrobras was R$ 136,605 billion which was approximately 23 % more than what it was the fiscal before.

The total value of the assets held by Petrobras in fiscal 2005 was R$ 49,637 which was approximately 5.5 % more than what it was in the fiscal before.

Total value of assets over the last 2 fiscals (In million R$)

The net income earned by Petrobras in fiscal 2005 was R$ 23,725 million which was 40.50 % more than what it was in the fiscal before.
Net Income over the last 2 fiscals (In million R$)

Net Income over the last 2 fiscals (In million R$)

Assets and Infrastructure

As Brazil’s largest oil company with a long history of upholding the nation’s economic sovereignty Petrobras has built up an impressive asset and infrastructure base.

103 production platforms – 76 fixed and 27 floating
16 refineries with a nominal installed capacity of 2.1 million barrels a day
31,089 km long network of pipelines
5870 service stations throughout Brazil
Petrobras has operations in 23 countries around the world where it operates 170 blocks out of the 357 blocks it participates in

Technology

Petrobras has developed the most advanced technology for deep water and ultra deep water oil production. The company’s efforts and achievements were appreciated when it was awarded the OTC (Offshore Technology Company) prize twice in 1992 and 2001 respectively.

Organization

Petrobras is headed by Mr. J. S. G. De Azevedo who is the President and CEO of the company.

Petrobras employs over 67,300 people worldwide.

The Petrobras corporate office is located at:

Ouvidoria Geral Da Petrobras
Caixa Postal 15580 - Brazil
Rio De Janeiro –CEP 20031-975-RJ
Website: www2.petrobras.com