Initiated process of deinvestment in land fields

Petrobras reported that it initiated the non-binding phase of the process of disinvestment for assignment of rights of exploitation, development and production in three sets of terrestrial fields in Rio Grande do Norte and Bahia, at the Poles Creek of the fork, Buracica and Miranga.

At this stage, the authorized in the previous process will have access to a virtual room data with the information on the fields and the instructions for submitting proposals, but without a formal commitment to purchase. The process is part of the state's disinvestment plan that seeks to raise $ $21 billion up to 2018.

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