Monday 25 October 2021

Petrobras informs that it has started the stage of publicizing the opportunity ( teaser ), referring to the full sale of its stake (100%) in the Catuá Field, belonging to the BC-60 Exploratory Block, located in the Campos Basin, in the State of Espírito Santo .

The main subsequent stages of the project will be informed in due course to the market.

This disclosure is in accordance with Petrobras' internal rules and with the provisions of the special procedure for the assignment of exploration, development and production rights for oil, natural gas and other fluid hydrocarbons, provided for in Decree 9,355/2018.

This operation is in line with the strategy of portfolio optimization, reducing debt and improving the company's capital allocation, increasingly concentrating its resources on world-class assets in deep and ultra-deep waters, where Petrobras has demonstrated great competitive advantage over the years.