Oil and Gas Exploration and Production Oil and natural gas exploration and production are our core activities. We seek to increase our reserves and develop production to make sure we can meet the increased demand for energy. With technology and the persistence of our employees, we overcome challenges that once seemed impossible, such as the deep waters of the Campos Basin, in the 1970s. Today, production in deep pre-salt waters is already a consolidated reality. Therefore, we are always expanding our operations in a sustainable manner in areas with great potential for exploration and production. Most of our oil reserves are nestled in offshore fields, a fact that has led our drilling activities to achieve increasing depths. We expect to reach total production of oil and gas (Russia and international) of 3.41 million boed in 2021.