Petrobras informs the sale of all of its stakes in a set of twenty-six concessions for onshore production fields and shallow waters, located in the Potiguar Basin, in the state of Rio Grande do Norte - RN, jointly called Polo Potiguar.

The teaser, which contains the main information about the opportunity, as well as the eligibility criteria for the selection of potential participants, is available on the Petrobras website:https://investidorpetrobras.com.br/pt/resultados-e-comunicados/teasers.

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

This disclosure is in accordance with the internal rules of Petrobras and with the provisions of the special procedure for the assignment of rights to explore, develop and produce 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 and improving the allocation of the company's capital, starting to increasingly concentrate its resources in deep and ultra-deep waters, where Petrobras has demonstrated a great competitive advantage over the years.

About Polo Potiguar 

The Potiguar Pole comprises three subpoles (Canto do Amaro, Alto do Rodrigues and Ubarana (photo)), totaling 26 production concessions, 23 onshore and 3 offshore, located in Rio Grande do Norte, in addition to including access to the processing, refining infrastructure , logistics, storage, transport and outflow of oil and natural gas. The Ubarana subpole concessions are located in shallow waters, between 10 and 22 km off the coast of the municipality of Guamaré-RN. The other concessions of the Canto do Amaro and Alto do Rodrigues subpoles are land-based.

The average production of the Potiguar Pole from January to June 2020 was approximately 23 thousand barrels of oil per day (bpd) and 124 thousand m³ / day of natural gas.

In addition to the concessions and their production facilities, the Clara Camarão Refinery located in Guamaré / RN with an installed refining capacity of 39,600 bpd is included in the transaction.