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Maritime industry to earn $17 billion from the Pre-salt

Staff writer ▼ | August 15, 2014
The pre-salt should make the maritime industry earn $17 billion per year by 2020 and double its share of the Brazilian Gross Domestic Product (GDP).
Oil drilling in Brazil
Pre-salt   Offshore oil drilling in Brazil
This is what is expected from the sector as the CEO of the Brazilian Association of Naval Construction and Offshore Companies (Abenav), Augusto Mendonca, told to news agency Agencia Brasil. Offshore oil drilling is extracted from high seas and accounts for the majority of oil explored by Brazil.

Mr. Mendonca said that the oil-supply chain accounts for 95% of the Brazilian maritime industry, which is divided into three segments: platform production, ship production and support boats.

Abenav estimates that by 2020 a total of 81 platforms and oil drilling rigs, 196 support boats and 72 oil tankers will be needed. By 2016, the sector should employ 100,000 workers.

Oil output in the pre-salt layer accounts for nearly 22% of the national production of the commodity. In May, 520,000 barrels per day (bpd) came from the Pre-salt layer. The proved reserves of of natural gas.