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 November, 2018
Commission File Number 1-15106
PETRÓLEO BRASILEIRO S.A.PETROBRAS
(Exact name of registrant as specified in its charter)
Brazilian Petroleum CorporationPETROBRAS
(Translation of Registrants 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 ☒ 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 ☒
Oil and natural gas production in October
Rio de Janeiro, November 27, 2018Petróleo Brasileiro SAPetrobras informs that in October its total production of oil and gas, including natural gas liquids (NGL), was 2.66 million barrels of oil equivalent per day (boed), 2.54 million boed produced in Brazil and 119 thousand boed abroad.
The total operated production of the company (Petrobras and partners share) was 3.34 million boed, with 3.18 million boed in Brazil.
In relation to the previous month, there was an 8% increase in total oil and gas production due mainly to the start-up of platform P-69, in the Lula field, located in the pre-salt of the Santos Basin, besides the end of maintenance stoppages of the platforms P-57, in the Jubarte field, P-52, in the Roncador field, and P-25 and P-31, in the Albacora field, located in the Campos Basin.
The tables below detail the production values.
Petrobras Total Production Brazil + Abroad (millions boed) | ||||||||||||||||||
September 2018 | October 2018 | Monthly variation | Cumulative 2018 | Target | ||||||||||||||
2.47 | 2.66 | 8 | % | 2.6 | 2.7 | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||
Petrobras oil production Brazil (millions bpd) | ||||||||||||||||||
September 2018 | October 2018 | Monthly variation | Cumulative 2018 | Target | ||||||||||||||
1.88 | 2.04 | 9 | % | 2.0 | 2.1 | |||||||||||||
|
|
|
|
|
|
|
|
|
|
Petrobras maintains its commitment to the production target disclosed in the 2018-2022 Business and Management Plan, considering the ramp-up production of the platforms that have already started operations this year (P-74 and P-75, in the Búzios field, FPSO Cidade de Campos, in the Tartaruga Verde field and P-69, in Lula field).
www.petrobras.com.br/ir
Contacts:
PETRÓLEO BRASILEIRO S.A.PETROBRAS | Investor Relations Department | e-mail: petroinvest@petrobras.com.br
Av. República do Chile, 65 10th floor, 1002 B 20031-912 Rio de Janeiro, RJ | Phone: 55 (21) 3224-1510 / 3224-9947
FORWARD-LOOKING STATEMENTS
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are subject to risks and uncertainties. The forward-looking statements, which address the Companys expected business and financial performance, among other matters, contain words such as believe, expect, estimate, anticipate, optimistic, intend, plan, aim, will, may, should, could, would, likely, and similar expressions. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. There is no assurance that the expected events, trends or results will actually occur. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or future events or for any other reason.
The Companys actual results could differ materially from those expressed or forecast in any forward-looking statements as a result of a variety of assumptions and factors. These factors include, but are not limited to, the following: (i) failure to comply with laws or regulations, including fraudulent activity, corruption, and bribery; (ii) the outcome of ongoing corruption investigations and any new facts or information that may arise in relation to the Lava Jato Operation; (iii) the effectiveness of the Companys risk management policies and procedures, including operational risk; and (iv) litigation, such as class actions or proceedings brought by governmental and regulatory agencies. A description of other factors can be found in the Companys Annual Report on Form 20-F for the year ended December 31, 2017, and the Companys other filings with the U.S. Securities and Exchange Commission.
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: November 27, 2018.
PETRÓLEO BRASILEIRO S.APETROBRAS | ||||||
By: | /s/ Rafael Salvador Grisolia | |||||
Rafael Salvador Grisolia | ||||||
Chief Financial Officer and Investor Relations Officer |