Amid Pandemic, Petrobras Increased Oil Production by 9% and Grew Pre-Salt Field Production by 32%

Written by Flavia Marinho

Published on 21/10/2020 at 12:25

Produção de petróleo da Petrobras no 3º trimestre cresce e a petroleira eleva meta para 2020. As refinarias também apresentam bom desempenho

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Petrobras Oil Production Grows in Q3 and the Oil Company Raises Target for 2020. Refineries Also Show Good Performance

In the third quarter of this year, Petrobras’s oil and gas production reached 2.952 million barrels of oil equivalent per day (boed) and increased fuel production, the state-owned company reported last night in a relevant fact. Raízen, Brazil’s giant ethanol producer, opens positions for candidates without experience seeking their first job in its Trainee and Internship program 2021

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“Petrobras’ operational performance in Q3 2020 was very good, considering the challenging scenario imposed by the COVID-19 pandemic. Our oil and gas production in Brazil grew by 9.0% in the first nine months of this year compared to last year. Production from pre-salt fields expanded by 32%, while in other areas, post-salt, shallow waters, and land, there was a contraction,” said Petrobras in the communication.

Due to the greater operational efficiency of the platforms installed in the Búzios Field in the pre-salt of the Santos Basin; the growth of production from the P-70, located in the Atapu Field, which started production at the end of June; and a reduction in losses due to the unavailability of underwater lines, with the development of new technologies, Petrobras was able to increase its oil production in Brazil in the third quarter compared to the previous period by over 5%, reaching 2.36 million barrels per day.

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Amid Pandemic, Petrobras Increased Oil Production by 9% and Grew Pre-Salt Field Production by 32%

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