Divestment

Suspension of a preliminary injunction related to the Divestment Program

Petrobras Agency
15/01/2019 14:46
Visualizações: 1167 (0) (0) (0) (0)

Petrobras, following the press released on 12/20/2018, informs that the injunction rendered by Minister Marco Aurélio Mello on December 19, (ADI No. 5942), was suspended by the President of the Federal Supreme Court, Minister Dias Toffoli, until its judgment by the plenary.

 

In this way, the company will resume the publication of any opportunities related to new E&P divestment projects, following the normal course of its business.

 

Petrobras informs regarding its 254 concessions in mature fields onshore and shallow waters, that it forwarded to the National Agency of Petroleum, Natural Gas and Biofuels (ANP) the information that it is under a divestment process in about 70% of them, requesting compatible deadlines for its conclusion due to the fact that Petrobras follows an internal divestment methodology validated by the Brazilian Federal Accounting Court (TCU).

 

Petrobras reinforces the importance of the Partnerships and Divestments Program to reduce its level of indebtedness and generate value through active portfolio management, in line with its 2019-2023 Strategic Plan and Business and Management Plan. 

Most Read Today
see see
Sergipe Oil & Gas 2025
SOG25 to Highlight Sergipe’s Oil and Gas Production Pote...
07/05/25
OTC Houston 2025
EPE destaca oportunidades de investimento no setor energ...
07/05/25
OTC Houston 2025
PPSA announces revision of the volume to be offered in t...
06/05/25
OTC Houston 2025
Fábio Mitidieri attends the opening of the Brazil Pavili...
06/05/25
Logistics
Vast completes 1,000th oil transshipment operation
06/05/25
Offshore Wind Energy
Brazil and the Netherlands promote seminar on offshore w...
06/05/25
Company News
Prime Energy expands operations in Minas Gerais
06/05/25
OTC Houston 2025
Brazil Brings the Largest Foreign Delegation to Oil and ...
05/05/25
OTC Houston 2025
IBP Featured in OTC Houston 2025 Lineup
05/05/25
OTC Houston 2025
To showcase Rio de Janeiro’s energy potential, Firjan ar...
05/05/25
OTC Houston 2025
Petrobras participates in OTC 2025, in Houston (USA
05/05/25
OTC Houston 2025
MODEC Group Professionals to Be Honored at OTC 2025
05/05/25
International Company News
TVO Adds to Global Business Development Team
01/05/25
Ethanol
Sugarcane production estimated at 663.4 million tons for...
30/04/25
OTC Houston 2025
Brazilian industry to attend OTC 2025 aiming to expand i...
30/04/25
Carbon Capture
Impact Hub and Tencent launch program offering up to 1 m...
30/04/25
International
Petrobras presents investment opportunities in the naval...
30/04/25
Results
Petrobras production grows 5.4% and reaches 2.8 million ...
30/04/25
Carbon Reduction
Report: Baker Hughes Achieves Nearly 40% Reduction in Op...
29/04/25
Natural Gas
Comgás launches public call for natural gas acquisition
29/04/25
Royalties
Values related to February production under concession a...
29/04/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.