Petrobras – Exercise of Preferential Right in the Second and Third Bidding Rounds for areas under Production Sharing Regime

Rio de Janeiro, May 25, 2017 – Petróleo Brasileiro S.A. – Petrobras informs that it submitted today to the National Energy Policy Council (CNPE) its first formal statement in connection to the preferential right for the second and third bidding rounds for exploration blocks under the production sharing regime, pursuant to Law 12.351/2010 and Federal Decree 9.041/2017.

Please full statement attached.

Pref Rights Petrobras

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