Peregrino field, in Campos Basin, reached a production of 110 thousand barrels of oil per
day. This number represents the maximum processing capacity of the FPSO Peregrino.
After an extensive maintenance program, upgrades and repairs to the FPSO and
installation of a new fixed platform, Peregrino C, in October 2022 Phase 2 of the field produced
its first oil. The second phase extended the field’s life through 2040 and will add 250 to 300
million barrels of oil to the field while halving CO2 emissions per barrel over the remaining
life of the asset.