Petrobras Reports 3Q:23 Financials [PDF Downloads]

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(Petrobras, 9.Nov.2023) — Petrobras reported on its main financial achievements in the third quarter 2023.


  • Solid recurring EBITDA of US$13.7bn
  • Gross debt under control at US$61bn, even after the increase in leases with the start-up of FPSO Anita Garibaldi
  • Consistency in cash generation: Operating Cash Flow of US$11.6bn, the fourth highest ever
  • Return to society with tax and dividends payments of R$65.5bn
  • Production record: 3.98 MMboed of operated production (7.8% up against 2Q23) and 2.25 MMboed of pre-salt production (78% of total)
  • Start-up in August 2023 of FPSO Anita Garibaldi, in Marlim. In October, FPSO Almirante Barroso, in Búzios, reached the nominal capacity of 150 Mbpd less than 5 months after start-up
  • FPSO Sepetiba, the second system to be installed in Mero field, with mooring activities completed and start-up expected for 4Q23
  • Refining Utilization Factor: 96% in 3Q23, the highest quarterly figure in 9 years, with diesel, gasoline and jet fuel production accounting for 69% of the total
  • S10 Diesel production and sales records: production of 464 Mbpd and 62% of total diesel sales (496 Mbpd)


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