Petrobras announces divestment opportunities (teaser) for the sale of all its interests in two onshore concessions, including disposal facilities, called Polo Cupiúba and Carapanaúba, located in the state of Amazonas.

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: http://www.petrobras.com.br/ri.

The subsequent major steps of this project will be informed to the market in due course.

This disclosure is in line with Petrobras' Disinvestment System and is in line with the provisions of the special 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 portfolio optimization and the improvement of the company's capital allocation, aiming at generating value for our shareholders.

About Polo Cupiúba and Carapanaúba 

The Cupiúba and Carapanaúba Polo comprises two land concessions, with integrated facilities, located in the state of Amazonas, in the municipality of Coari. Average production in 2018 was about 81 bpd of oil and 82,000 m3 / day of gas. Petrobras is an operator with 100% stake.