Expanding output from the pre-salt province starts to bear fruit for the Brazilian company
Petrobras, the Brazilian state-owned oil company, recorded strong production performance across the third quarter, as record figures in the pre-salt region helped boost the firm’s upstream portfolio.
Total hydrocarbon output for the quarter reached 2.88mn bl oe/d, a 9.3pc increase over the second quarter, and a 14.6pc rise year-on-year. In August, Petrobras achieved daily and monthly company records of 3.1mn bl/d oe and 3mn bl/d oe respectively.
Brazil Energy Insight 
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