Brazil’s Petrobras surpasses 2025 production targets, up 11% v 2024

RIO DE JANEIRO, BRAZIL (By Petrobras, 15.Jan.2026, Words: 367)  — Petrobras announces that, in 2025, its oil production reached 2.40 million barrels of oil per day (MMb/d), exceeding the upper limit of the target (+4%) set in its 2025-2029 Business Plan by 0.5% points.

This result represents an 11% increase compared to 2024 production.

Total oil and natural gas production surpassed the upper limit of the target (+4%) by 2.8% points, reaching 2.99 million barrels of oil equivalent per day (MMboe/d), representing an 11% increase compared to 2024 production. Commercial oil and natural gas production reached 2.62 MMboe/d, exceeding the upper limit of the projected target (+4%) by 0.9%  points.

In addition to surpassing the established guidances, the oil production, commercial production, and total production figures broke historical annual records registered over more than 70 years of operations. The company also set new annual records in the pre-salt, with own total production of 2.45 MMboe/d and operated production of 3.70 MMboe/d. Production volume in the pre-salt accounts for 82% of Petrobras’ total production.

In 2025, 2 new platforms began operating in the Santos Basin pre-salt: the FPSO Almirante Tamandaré, located in the Búzios field, and the FPSO Alexandre de Gusmão, in the Mero field. The FPSO Marechal Duque de Caxias, in Mero, reached its production peak, and the FPSO Almirante Tamandaré set a new production record, reaching an average production of around 240,000 b/d in Nov. and Dec., becoming the highest-producing platform in Brazil.

Additionally, the ramp-up continued for the FPSOs Maria Quitéria, in the Jubarte field, and Anita Garibaldi and Anna Nery, in the Marlim and Voador fields. The significant increase in operational efficiency across all operational units was fundamental to surpassing the production targets.

Another highlight of the year was reaching 1 MMb/d of operated production in the Búzios field with only 6 platforms, demonstrating the high productivity of the wells in this field. The seventh platform, P-78, which began operations on 31 Dec., will contribute to the continued growth trajectory of the company’s production.

These results are the result of the integrated efforts of Petrobras’ workforce to increase production while maintaining a total commitment to people, respect for the environment, preservation of operational safety, and asset reliability.

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