Petrobras on Bahia Terra Cluster sale and production

Petróleo Brasileiro S.A. – Petrobras, regarding the pieces of news released in the media, informs that the divestment process of the Bahia Terra Cluster is in the negotiation phase with the consortium of companies Petrorecôncavo and Eneva, and no decision has been taken by the Executive Board and the Board of Directors concerning these assets, according to the releases disclosed on 05/01/2023, 13/12/2022, and 03/11/2022.

Additionally, any intended decisions on investments and asset disposals must be analyzed by the appropriate governance bodies.

Petrobras, following up on the release disclosed on December 13, 2022, clarifies that it is taking all necessary steps to resume production at the Bahia Terra Cluster by April. The cluster had its operations halted at the request of the National Agency of Petroleum, Natural Gas and Biofuels (ANP) at the end of last year and, since then, the Company has been following the schedule proposed to the regulatory agency to resume production.

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