Petrobras – Assignment of land rights: Beginning of binding phase


Rio de Janeiro, June 18, 2018 – Petróleo Brasileiro SA – Petrobras, following the Relevant Fact of 09/22/2017 and Notice to the Market of 03/02/2018, announces the beginning of the binding phase of the assignment processes (Polo Fazenda Belém, Polo Macau, Polo Sergipe Terra 1 and Polo Sergipe Terra 3), located in the states of Ceará, Rio Grande do Norte and Sergipe.

At this stage of the project, interested parties qualified in the previous phase will receive invitation letters with detailed instructions on the divestiture process, including guidelines for conducting due diligence and for submitting binding proposals.

The present disclosure to the market is in line with Petrobras’ Disinvestment System and in line with the provisions of the special procedure for the assignment of rights to explore, develop and produce oil, natural gas and other fluid hydrocarbons, provided for in Decree 9.355 / 2018.

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