Petrobras reported that its total oil, gas and gas‑liquids output for the fourth quarter of 2025 reached 3.11 million barrels of oil equivalent per day (boed), an 18 % increase from the same period a year earlier. The jump is largely attributable to a 11.4 % rise in pre‑salt oil production, which climbed to 2,020 million barrels per day and now accounts for 82 % of the company’s total output.
The 2025 figure is a sharp lift from the 2.7 million boed produced in 2024, and from 1,760 million barrels per day of pre‑salt oil in Q4 2024. The growth is underpinned by the early start‑ups of several floating production storage and offloading (FPSO) units—Almirante Tamandaré, Marechal Duque de Caxias, Maria Quitéria, Anita Garibaldi, Anna Nery, and Alexandre de Gusmão—alongside the first oil from FPSO P‑78 on December 31, 2025.
Higher production has translated into stronger cash‑flow generation, supporting Petrobras’ strategy of maintaining a robust production base while managing costs. The company added 1.7 billion barrels of oil equivalent to its reserves in 2025, achieving a reserve replacement rate of 175 % and setting a new annual record.
Petrobras’ management highlighted the achievement in its 2025 Production & Sales Report, stating, “We closed 2025 with historic results, supported by efficient management of our asset reservoirs, increasing operational efficiency, and the commitment of our teams.” The company also reported record oil exports of 765 thousand barrels per day in 2025, with a quarterly record of 1 million barrels per day in Q4 2025, and China receiving about 52 % of those exports.
The production surge underscores Petrobras’ continued focus on deep‑water pre‑salt assets and its ability to scale output even amid volatile global oil prices, reinforcing its position as a leading offshore producer and bolstering its financial resilience for future market swings.
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