Rio de Janeiro, August 29, 2018 – Petróleo Brasileiro S.A. – Petrobras, following up on the disclosure made on July 3, 2018, informs that it has learned that a Netherlands court granted Vantage’s request, without prior notice to Petrobras’ companies, to freeze shares of two of its direct subsidiaries and credits that Petrobras may have against some subsidiaries, affiliates and certain entities in the Netherlands. Petrobras has not been served or notified of any such decision.
The arbitration against Vantage arose out of a drilling service contract that was procured by corruption, as evidenced by Operation Car Wash. Petrobras reiterates that it was recognized by the Brazilian authorities, including the Federal Supreme Court, as a victim of the facts discovered by the this operation.
Petrobras will pursue all legal measures to vacate this arbitration award and defend its position.
This report on Form 6-K shall be deemed to be incorporated by reference into the Exchange Offer Prospectus, dated August 17, 2018, relating to the previously announced exchange offers by Petrobras Global Finance B.V., a wholly-owned subsidiary of Petrobras.