Shipbuilding and Offshore Business in Brazil Hiroshi Iwamoto Board Director Managing Executive Officer & President GLOBAL MARKETING HEADQUARTERS September,

Shipbuilding and Offshore Business in Brazil

Hiroshi IwamotoBoard DirectorManaging Executive Officer & PresidentGLOBAL MARKETING HEADQUARTERS

September, 2013

IHI Corporation

Copyright © 2013 IHI Corporation All Rights Reserved.

Corporate Profile

Founded 1853

Capital Stock ￥ 95.7 billion

Group employee26,915 people（ End of March 2012 ）

Net Consolidated Sales ￥ 1,221.18 billion

<IHI Group Business Area> Energy and Resources Shipbuilding, Social Infrastructure and

Society Industrial Machinery and Systems Aero Engine and Space

IHI のブラジルビジネス～海洋事業を中核としたビジネス展開～

Copyright © 2013 IHI Corporation All Rights Reserved. 3


Cooperation in Oil & Gas Development in Brazil

Growing Demand for Shipbuilding in Brazil

4Copyright © 2013 IHI Corporation All Rights Reserved.

Drill Ship TankerFPSO

• From Petrobras’ Business Plan 2013-2017

* Total Investment ： US$ 236.5 billion* Investment for E&P ： US$ 147.5 billion (62% of total investment)

• Petrobras will startup 28 drill ships constructed in Brazil by 2020.

Production in Brazil


Productivity UP

• 100 thousands of skilled workers will be necessary by 2017• Weak controlling fabrication and construction procedures etc.

To meet a target Oil Production capacity

Cooperation between Brazil-Japan in Offshore Technology

• Technology transfer through Technical Assistance both Brazil and Japan.

• Continuous development of human resources.

Shipyards in Brazil



Estaleiro Atlântico Sul(EAS)

• The biggest shipyard in the southern hemisphere, and the only VLCC construction shipyard in Brazil.

• Huge amount of backlog of orders from Petrobras: Taker 20 ships, Drill ship 7 ships.• Partner: Brasilian shareholders are No2 & No4 General Contractor.• EAS is tactical offshore base rather than shipyard.

Place Brazil, Pernambuco

Area1,620,000 ㎡　(Building Area ： 167,000 ㎡ )

InvestorCamargo Corrêa Group 37.5%Queiroz Galvão Group 37.5%JEI 25%

Employee Around 6,000

Backlog of orders

(Transpetro)　 Suezmax Tanker 　 8ships

　 Aframax Tanker 　 12ships(Sete Brasil)　 Drill Ship 　 7ships

Participation to Estaleiro Atlântico Sul

• EAS’s shareholders requested IHI to be a partner of EAS.• June, 2012 - JMU started to provide technical assistance to EAS.• June, 2013 – IHI / JGC / JMU decided the investment to EAS.• June, 2013 - Signing Ceremony in Japan• August, 2013 - Investment


Signing Ceremony in Japan June 2013

Logistic Hub System for offshore development

Concept: Logistic Hub system can provide solutions for the transportation in

the Pre-salt area between coast and offshore platforms. High Speed Vessels (HSV) for Coast connection Offshore platforms to Hub connection by helicopters

High Speed Vessels

Offshore Platforms

Current System Logistic Hub System

Logistic Hub


Logistic Hub System for offshore development

Functions: Transportation hub Heliport (takeoff and landing / fueling), helicopter hanger/elevator Air traffic control tower, air surveillance radar, airway beacon Berth for safe and efficient transfer of workers and cargo Cargo storage (fuel, food etc.) Accommodation Workshop for maintenance

Offshore disaster response base

Oil fence, oil treatment, oil adsorbent Fire extinguishant Medical facilityCopyright © 2013 IHI Corporation All Rights Reserved.

Subsea & Pipe fabrication– Protubo


Industrial piping and Subsea equipment Protubo is a leading integrated solutions provider for industrial piping projects in

Latin America.

Founded in 　　 : 1975Employees : 100 Location : Campo Grande, RJ

Protubo majors in main national and international shipbuilding and offshore projects executed in Brazil, such as pre-salt projects.

Protubo has expertise not only conventional pipes to vessels but also in subsea equipment such as cladding technology products, for example, platforms (risers), Christmas trees, manifolds, and subsea pipelines.

IHI のブラジルビジネス～海洋事業を中核としたビジネス展開～

Copyright © 2013 IHI Corporation All Rights Reserved. 12


Offshore Renewable Energy

Fukushima Floating Offshore Wind Farm-Japanese National R&D Project-

(Constructed by JMU In July,2013)

(Constructed by JMU In March,2015)

(Constructed by MES In July,2013)

(Constructed by MHI In July,2014)


Fukushima Floating Offshore Wind FarmThe World’s first 66kV Floating Power Substation(constructed and Installed by JMU in 2013)


Ocean current power generator

• One of the methods of utilizing marine energy involves driving turbines by ocean currents

• Utilizing the stable ocean current in terms of direction and power, we can generate stably all year round.


Ocean Current Generator

Offshore floatingwind power plant

Offshore substation,Wind condition observatory

Ocean thermal energy conversion


OTEC (Ocean Thermal Energy Conversion)

～～

６００～

　１０００ｍ

Riser Pipe

５℃

２５℃

Δ 　２０℃Depth 　 vs. 　 Seawater Temp

Δ ２０℃

６００ｍ

１０００ｍ

Ａｎｍｏｎｉａ

＜ Typical Cycle of OTEC ＞

Turbine Generator

Condenser

Evaporator

Surface Seawater

Deep Seawater

Working fluid Pump

Merit of OTEC


• ”Stable” renewable energy• Base-load capability ( 24hr generation)

Seawater temp differences

Between surface and 1000m depthBrazil is suitable country for OTEC

Muito Obrigado!!

Documents

Shipbuilding and Offshore Business in Brazil Hiroshi Iwamoto Board Director Managing Executive Officer & President GLOBAL MARKETING HEADQUARTERS September,