1. Geoscience Workforce of the future The Great Crew Change: a Petrobras view Geoscience Workforce of the future The Great Crew Change: a Petrobras view Mario Carminatti, PhD Executive Manager of Exploration Mario Carminatti, PhD Executive Manager of Exploration

2. Area : 8,5 km 2 (5th largest ) Population : 180 million people GDP: 1,31 trillion dollars GDP/capita (2007): US$ 5,237 Petroleum Industry: 8% of GDP 16% future Grain Producer : World Leader 30% of the GDP Area : 8,5 km 2 (5th largest ) Population : 180 million people GDP: 1,31 trillion dollars GDP/capita (2007): US$ 5,237 Petroleum Industry: 8% of GDP 16% future Grain Producer : World Leader 30% of the GDP Brazil: General Information Ecuador Colombia Venezuela Guyanas Peru Bolivia Paraguai Chile Uruguai Argentina Brasilia Rio de Janeiro Brazil

3. Cycles of Oil Discoveries Proven Reserves Onshore Deep water Shallow water Ultra Deep Onshore Shallow water Deep / Ultra Deep Water Pre BR

4. Work Force Experiência Fonte: Sistema de Gestão de Pessoas, 27/2/2008. 20 Number of years Frequency 0 0 10 30 40 0 0 20 40 60 80 Geologists Number of years 0 0 10 20 30 40 50 0 0 100 150 200 Geophysicists

5. From Turbidites to Carbonates: An Industrial Revolution in Brazil Miocene Turbidites NWSE Pre-salt carbonates 1980s 2007 Pos-salt Turbidites Pre-salt

6. 2011 Foreigner Geologists Phase Foreigner Geologists Phase Brazilians Foreigners Brazilians Foreigners 2008 (Feb.) 1.455 2008 (Feb.) 1.455 Estimate: ~1.800 Estimate: ~1.800 2006 (Dec.) 1.357 2006 (Dec.) 1.357 Geoscientists in PETROBRAS

7. How Petrobras has been dealing with the brain gap of the 90s in terms of knowledge management? Continuing a regular and long-term admission program Maintaining the unique strong link between technological development and training Promoting integrated Working groups with new geocientists and experienced ones How Petrobras has been dealing with the brain gap of the 90s in terms of knowledge management? Continuing a regular and long-term admission program Maintaining the unique strong link between technological development and training Promoting integrated Working groups with new geocientists and experienced ones Key Issues

8. How Petrobras has been dealing with the brain gap of the 90s in terms of knowledge management? Increasing the number of Senior Geoscientists as Mentors of the new ones with a systematic follow up of their technical evolution. Helping universities to keep the students to completion: investing and supportting Universitities research projects, and providing grants and scholarships for students and professors How Petrobras has been dealing with the brain gap of the 90s in terms of knowledge management? Increasing the number of Senior Geoscientists as Mentors of the new ones with a systematic follow up of their technical evolution. Helping universities to keep the students to completion: investing and supportting Universitities research projects, and providing grants and scholarships for students and professors Key Issues

9. How Petrobras has been dealing with the large number of experienced professionals close to retirement? Incentives and compensation for the critical ones to remain in the Company by postponing retirement Using them as instructors of Intensive training and as mentors of the newer ones Contracting retired professionals as instructors for the younger generation How Petrobras has been dealing with the large number of experienced professionals close to retirement? Incentives and compensation for the critical ones to remain in the Company by postponing retirement Using them as instructors of Intensive training and as mentors of the newer ones Contracting retired professionals as instructors for the younger generation Key Issues

10. Petrobras/E&P-Exploration Thanks

11. How Petrobras has been attracting and retaining new professionals to the Company? A long-term career Intensive training A Challenging and friendly working environment Benefits and Fringe Benefits: medical assistance, retirement plans, family educational support Petrobras significance for Brazi l- A National symbol of Brazil development A long-term career Intensive training A Challenging and friendly working environment Benefits and Fringe Benefits: medical assistance, retirement plans, family educational support Petrobras significance for Brazi l- A National symbol of Brazil development Key Issues

12. Petrobras and Geology Geology Course in Brazil started in 1957 sponsored by Petrobras A political decision to build a National Company to find petroleum to supply energy demand Petrobras strong link between technological development and Training