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 September, 2020
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 on Tupi field
—
Rio de Janeiro, September
28, 2020 - Petróleo Brasileiro S.A. - Petrobras informs that the accumulated production of the Tupi field, located in the
pre-salt of the Santos Basin, approximately 230 km from the coast of the state of Rio de Janeiro, reached 2 billion barrels of
oil equivalent (boe) on July, 2020, according to the Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP). This
milestone takes place in the same month in which we celebrate the 20th anniversary of the signing of the concession agreement for
block BM-S-11, where the field is located and is currently the largest deep water oil producer in the world, with approximately
1 million barrels per day (bpd).
This accumulated production
occurs just ten years after the start of the first permanent production system, the Floating Production Storage and Offloading
(FPSO) Cidade Angra dos Reis, and fourteen years after it was discovered, in 2006. From 2010 to 2019, the consortium, formed by
Petrobras, with a 65% stake in partnership with Shell Brasil Petróleo Ltda (25%) and Petrogal Brasil S.A. (10%), put into
operation nine production systems, an average of one system per year.
For this, Petrobras
had to overcome a series of unprecedented challenges in the industry, such as the distance from the coast and the existence of
very few similar reservoirs in the world, ultra-deep reservoirs under a thick layer of salt. In partnership with research institutions,
partner companies and suppliers, the Company developed a series of technologies and innovations that allowed safe and profitable
productions in pre-salt fields, still being a reference in terms of its environmental performance. As a result of the unprecedented
technologies developed by the Company, in 2015, Petrobras received the Distinguished Achievement Award for Companies, Organizations
and Institutions, which is the main award in the industry and is promoted by the Offshore Technology Conference (OTC).
The Future of Tupi
Petrobras,
together with its partners in the BM-S-11 block, has already developed several initiatives aimed at revitalizing the field
even before the start of its decline, seeking to increase the oil and gas recovery factor that can be extracted from the
field and, thus, maximize the value of the asset for the Company. For this, the Company develops projects, such as
interconnecting new wells into already implemented production systems and the use of alternating water and gas injection
technology (Water Alternating Gas - WAG), to maintain the reservoir's pressure. In addition to these projects, the
Company together with its partners, is also analyzing actions that will be taken according to the terms of the concession and
is seeking to develop other low-cost and highly reliable technologies that may contribute with the increase in the recovery
factor.
Click here to access
more information about the Tupi field (https://www.investidorpetrobras.com.br/en/results-and-notices/company-presentations/).
www.petrobras.com.br/ri
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: September 28, 2020
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)
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