Divestment

Suspension of a preliminary injunction related to the Divestment Program

Petrobras Agency
15/01/2019 14:46
Visualizações: 1178 (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
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.