PETROBRAS - Petróleo Brasileiro SA

10/07/2021 | Press release | Distributed by Public on 10/07/2021 07:17

Petrobras on divestment of Albacora and Albacora Leste (Form 6-K)

Petrobras on divestment of Albacora and Albacora Leste

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Rio de Janeiro, October 07, 2021 - Petróleo Brasileiro S.A. - Petrobras, regarding the pieces of news in the media about the divestment project of the Albacora and Albacora Leste fields, in the Campos Basin, informs that there is still no decision about the winning proposal for either asset.

The company continues to analyze the offers according to the evaluation criteria of this project and clarifies that, specifically for Albacora Leste, it started the process of receiving new proposals (rebid), in accordance with the company's internal rules.

To date, no decision has been made regarding Albacora, and the beginning of the negotiation phase for both assets will be submitted to the company's Executive Board for deliberation, after receipt of the new proposals for Albacora Leste and the conclusion of the analysis of the offers.

The company clarifies that the execution of the transaction will depend on the result of the negotiations, as well as the necessary corporate approvals.

Petrobras reinforces its commitment to comprehensive transparency of its divestment projects and portfolio management and informs that the subsequent stages of the project will be disclosed in accordance with the company's Divestment Systematics.

www.petrobras.com.br/ir

For more information:

PETRÓLEO BRASILEIRO S.A. - PETROBRAS | Investors Relations

e-mail: [email protected]/[email protected]

Av. República do Chile, 65 - 1803 - 20031-912 - Rio de Janeiro, RJ.

Tel.: 55 (21) 3224-1510/9947 | 0800-282-1540

This document may contain forecasts within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Trading Act of 1934, as amended (Trading Act) that reflect the expectations of the Company's officers. The terms: "anticipates", "believes", "expects", "predicts", "intends", "plans", "projects", "aims", "should," and similar terms, aim to identify such forecasts, which evidently involve risks or uncertainties, predicted or not by the Company. Therefore, future results of the Company's operations may differ from current expectations, and the reader should not rely solely on the information included herein.