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Brazil’s Petrobras sets annual production record in the pre-salt in 2021

RIO DE JANEIRO, BRAZIL - Petrobras (PETR3;PETR4) set a new annual production record in the pre-salt in 2021, reaching 1.95 million boed. This output represents 70% of the company's total production last year, which amounted to 2.77 million boed.

The previous record was set in 2020, when 1.86 million boed was reached, representing 66% of Petrobras' total production.

The state-owned company said that production in the pre-salt has been rapidly growing, and the record set in 2021 represents more than double the volume it produced in the region 5 years ago.

"With the . . .

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