June production from Brazilian fields rose 0.6% on the previous month to 2.20Mb/d, Petrobras said in a statement on Monday.
New projects help boost proven reserves of natural gas and NGLs while oil price continues to impact proven crude reserves, according to a government report.
Despite boasting the world's largest proven reserves, Venezuela has recently been forced to import light oil from as far as Africa to blend with its heavy crude.
Local oil engineers association has highlighted that close to half of such workers are unemployed due to the current operating environment.
Contracts awarded in the most recent shallow water auction are expected to furnish the state with up to 90% of the profits, according to the energy ministry.