Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
January 08 2021 - 06:01AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C.
20549
FORM 6-K
Report of Foreign Private
Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange
Act of 1934
For the month of
January, 2021
Commission File Number
1-15106
PETRÓLEO BRASILEIRO
S.A. – PETROBRAS
(Exact name of registrant
as specified in its charter)
Brazilian Petroleum
Corporation – PETROBRAS
(Translation of Registrant's
name into English)
Avenida República
do Chile, 65
20031-912 – Rio de Janeiro, RJ
Federative Republic of Brazil
(Address of principal
executive office)
Indicate by check mark
whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form
40-F _______
Indicate by check mark
whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No___X____
Petrobras registers records in its 2020 annual production
—
Rio de Janeiro, January 7,
2021 - Petróleo Brasileiro S.A. – Petrobras reports that it has registered records in its 2020 annual oil production
and total annual production (oil and gas) of, respectively, 2.28 million barrels per day (bpd) of oil and 2.84 million barrels
of oil equivalent per day (boed).
The previous records occurred
in 2015 and were 2.23 million bpd of oil and 2.79 million boed.
The current production records
are supported by a portfolio of assets with higher value. Production in the pre-salt totaled 1.86 million boed in 2020, representing
66% of total production of Petrobras. In 2015, the pre-salt production accounted for 24% of Petrobras' total production.
The figures for annual oil
production and total annual production coincide with the center of the production targets revised in October 2020 in the 3Q20 Production
and Sales Report and exceed by 5% the targets originally forecast for the year.
The achievement of higher
production volumes than originally forecast was a result of the following factors:
(a) production above the
nominal processing capacity in the Búzios field, due to greater temporary availability of power generation and gas compression
on the platforms of this field;
(b) lower number of interventions
to combat CO2 corrosion in the submarine gas injection pipelines, due to the development of new tools and inspection technologies;
(c) lower production decline
observed at Tupi and Sapinhoá fields due to a better performance of the reservoirs and;
(d) greater production efficiency
and optimization of production stoppages at the platforms, despite the scenario of operational restrictions resulting from the
impacts caused by the COVID-19 pandemic.
The records show good operational performance
even in the challenging 2020 scenario, with higher focus on world-class assets in deep and ultra-deep waters, where Petrobras has
shown great competitive edge.
www.petrobras.com.br/ir
For more information:
PETRÓLEO BRASILEIRO S.A. – PETROBRAS
| Investors Relations
email: petroinvest@petrobras.com.br/acionistas@petrobras.com.br
Av. República do Chile, 65 – 1803
– 20031-912 – Rio de Janeiro, RJ.
Tel.: 55 (21) 3224-1510/9947 | 0800-282-1540
This document may contain forecasts
within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities
Trading Act of 1934, as amended (Trading Act) that reflect the expectations of the Company's officers. The terms: "anticipates",
"believes", "expects", "predicts", "intends", "plans", "projects",
"aims", "should," and similar terms, aim to identify such forecasts, which evidently involve risks or uncertainties,
predicted or not by the Company. Therefore, future results of the Company's operations may differ from current expectations, and
the reader should not rely solely on the information included herein.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: January 7, 2021
PETRÓLEO BRASILEIRO S.A–PETROBRAS
By: /s/ Andrea Marques de Almeida
______________________________
Andrea
Marques de Almeida
Chief Financial Officer and Investor Relations
Officer
Petroleo Brasileiro ADR (NYSE:PBR.A)
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