Petrobras on E&P asset sale in the Espírito Santo Basin

Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 03/18/2020, informs that the divestment process of the maritime concession called Golfinho Cluster, located in deep waters, in the Espírito Santo Basin, is still in the binding phase.

The company BW Energy was invited to the negotiation stage, as reported by this company on today’s date. The signing of the purchase and sale agreement is still subject to the approval of the competent Petrobras bodies.

Petrobras reinforces its commitment to the broad transparency of its divestment projects and portfolio management and informs that the subsequent stages of the project will be disclosed in a timely manner.

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