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We will seek to reduce the accident victim rate. The financial target is to slash the net debt to cash flow by half by 2018
Our total oil and natural gas output in August was 2.84 million barrels of oil equivalent per day (boed)
The companies will work to advance proposals for joint participation in future bids in the exploration area.
The oil and natural gas output that we operate in the pre-salt layer set a new monthly record
Our net income reached R$370 million between April and June
We hereby announce the sale of 66 percent of the stake in exploratory block BM-S-8, in the pre-salt Santos Basin
We have completed the sale of our entire 67.19 percent interest in Petrobras Argentina (PESA), owned via Petrobras Participaciones S.L. (PPSL)
We surpassed the milestone of 2.88 million boed reached in August 2015
The Libra Consortium has completed the drilling and evaluation of the seventh well in the block, located in the Santos Basin pre-salt cluster.
Pre-sal fields account for about 40 percent of our oil operated in Brazil
Engineer Pedro Parente, who took over as CEO, said his priority is our economic and financial recovery
Read our announcement
We have completed negotiations with Pampa Energía
Read the announcement we disclosed on Monday (Mar. 21)
Operations began with the FPSO Cidade de São Vicente vessel platform
The well found an oil column measuring approximately 270 meters
We have deployed the seventh production system
The changes are expected to allow for cost reductions worth up to R$1.8 billion per year.
Read our statement (01/12/2016)
Get to know the challenges we came up against in 2015
Governance, Risk, and Compliance director highlighted measures
Net income was R$ 2,102 million in Jan-Sep/2015
September also set a new daily pre-salt oil output record
The block was acquired in October 2013 and is in the exploratory phase
We reaffirm our commitment to operating with strict control over our capital and profitability
We continue setting daily operating records
Read our statement (10/1/2015)
In August, two new records were set in the pre-salt area
The downgrade will not cause any alterations to contracts in effect
Facts deemed relevant to this issue will be communicated to the market
Read our statement (8/6/2015)
The Cidade de Itaguaí platform came into operation on Friday (July 31)
According to the publication, we are the largest oil company in Latin America
Oil and natural gas production was 2 million 746 thousand barrels of oil equivalent per day (boed)
The platform-ship is able to produce 150,000 barrels of oil
This initiative is part of our Divestment Plan. Read the statement
The investment portfolio prioritizes oil exploration and production (E&P) projects in Brazil
In addition to the master sponsorship of the event, we have a booth at the fair
Our production reached a new high of 726,000 barrels per day
The initiative was the subject of the lecture titled 'Reduction of gas flaring at Petrobras'
We drew nearer to our investors with the launch of a new website
We will present the Gas Usage Optimization Program
The agreement was signed at a ceremony in Brasília
Our production, in Brazil and abroad, was 2,786,000 barrels of oil equivalent per day (boed)
Read the announcement made on Friday (May, 15)
Production in the pre-salt cluster surpasses 800,000 barrels of oil per day
Read our statement
We stressed importance of partnerships in pre-salt
The borehole reached the final depth of 6,060 meters
In 2014, our operating cash flow reached R$59.1 billion.
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See why the pre-salt is one of the greatest discoveries of Petrobras.