Petrobras Oil & Gas B.V. divestment: Start of the binding phase

Rio de Janeiro, March 08, 2018 – Petróleo Brasileiro S.A. – Petrobras, further to the Material Fact disclosed on 11/07/2017 and press release disclosed on 11/17/ 2017, hereby announces the start of the binding phase regarding the sale of 100% equity interest in Petrobras Oil & Gas B.V. (“POGBV”).

At this stage of the project, the process letters to the binding phase are issued to qualified interested parties, with the instructions about the divestment process, including the guidelines to finalize due diligence and submit binding offers.

The present disclosure to the market is pursuant to Petrobras’ divestment program and is aligned with the guidelines of the Federal Accounting Court (TCU).

Categories: Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s