In 2Q21, Petrobras continued to operate safely and had a solid operating performance, despite the persistence of the pandemic scenario. The average production of oil, NGL and natural gas reached 2.80 MMboed, 1.1% above 1Q21, due to the continued ramp-up of platforms P-68 (Berbigão and Sururu fields) and P-70 (Atapu field). Production in the pre-salt area totaled 1.96 MMboed in the quarter, representing 70% of Petrobras' total production, 1 percentage point above 1Q21 and 4 percentage points above 2Q20.

Because of the pandemic, the company kept the headcount reduced on platforms, with the adoption of measures such as pre-shipment isolation and extensive testing, in addition to changing operational routines in order to preserve the health of our employees and reduce risks of contamination and impacts on production.

We highlight the following points in our operating performance:

• In June, we started the integrated operation of Routes 1 and 2 of the Santos Basin gas flow, close to the FPSO Cidade de Angra dos Reis, as a result of the beginning of the Integrated Gas Flow System contracts, allowing more flexibility due to better distribution of the production units connected to the system and boosting gas supply;

• In the same month, we started the gas flow from P-76 in Búzios, contributing to the exploitation of the field's potential and enabling better reservoir management and increased value generation;

• On July 5th, FPSO Carioca completed the journey to its final location, in the Sépia field, with subsequent start of mooring activities. The unit's first oil is expected in August 2021;

• P-68 and P-70 units continued to ramp-up and delivered high operational efficiency rates in the quarter. On July 18th, P-70 reached the maximum allowed production capacity, 161 kbpd. Thus, despite the pandemic, the ramp-up was concluded in less than 13 months, close to our average of 11 months in the last three years.

Click here to access the full report.