Rajesh's questions to Petroleo Brasileiro SA Petrobras (PBR) leadership • Q2 2025
Question
Rajesh asked for confirmation that the production growth curve would continue despite scheduled shutdowns and inquired about the strategic rationale for partnering with ExxonMobil in the recent Amazonas blocks auction.
Answer
Executive Sylvia confirmed that while the production ramp-up has been rapid, it will be offset by necessary, planned shutdowns to ensure long-term platform integrity. She reiterated that they still expect to finish the year in the upper range of their production target. Regarding the auction, she explained the blocks are geologically similar to successful regions like Guyana, making ExxonMobil an ideal partner to share risks and knowledge.