Petrobras informs that its Board of Directors, at a meeting held today, appointed Mr. Durval José Soledade Santos to the position of member of the Company's Board of Directors, until the next Shareholders' Meeting, as provided for in Article 25 of the Bylaws. The position was vacant since May 29, 2018, as disclosed to the market on May 30, 2018.
Petrobras reports that it has signed yesterday with the French companies Total and Total Eren a Memorandum of Understanding (MoU) to analyze the joint business development in solar energy and wind onshore energy segments in Brazil.
Petrobras informs that yesterday its Executive Board approved the execution of a Term Sheet with Odebrecht S.A., providing for a set of integrity obligations for Odebrecht group companies to enable the removal of the provisional ban imposed by Petrobras since December 29, 2014, to which are currently subject the companies: (i) Construtora Norberto Odebrecht S.A. (currently Odebrecht Engenharia e Construção S.A.); e (ii) Odebrecht Óleo e Gás S.A. (currently Ocyan S.A.).
Petrobras and China National Petroleum Corporation International (CNPCI), a wholly-owned subsidiary of CNPC, inform that today they signed a Heads of Agreement (“HoA”), advancing in the negotiations on a Strategic Partnership, as disclosed to the market on July 4, 2017.
Petrobras, in complement to the Material Fact disclosed today about Partnerships in Refining, informs that, considering the temporary injunction issued by the Minister Ricardo Lewandowski, of the Federal Supreme Court, under the ADI 5624 MC/DF, which questions provisions of the State-Owned Companies Law (Law 13.303/2016), the following divestments are also suspended:
Petrobras, following up on the disclosures made on 04/27/2018, 05/23/2018 and 06/18/2018 regarding the competitive processes for the formation of partnerships in refining, informs that such processes are suspended until further notice, due to a temporary injunction issued by the Minister Ricardo Lewandowski, of the Federal Supreme Court, under the ADI 5624 MC/DF, which questions provisions of the State-Owned Companies Law (Law 13.303/2016).
Petrobras, in connection with the Material Facts of 03/1/2018 and 06/25/2018, announces that the deposit of the second installment related to the Class Action settlement agreement in the United States was made yesterday, in the amount of US$ 983 million.
Petrobras informs that it intends to adopt all available legal remedies to challenge an arbitral award rendered yesterday in an arbitration administered by the International Centre for Dispute Resolution regarding a drilling contract entered into between Vantage Deepwater Company and Vantage Deepwater Drilling, Inc. (collectively, “Vantage”) and companies of the Petrobras Group.
Petrobras informs that today it prepaid a debt with Citibank, N.A., in the amount of US$ 500 million, whose maturity would occur in 2022.
Petrobras, following up on the disclosure made on 10/26/2017, informs that its Board of Directors, in a meeting held yesterday, approved the Sale and Purchase Agreement (SPA) for the full sale of Petrobras’ stake in the companies Petrobras Paraguay Distribución Limited (PPDL UK), Petrobras Paraguay Operaciones y Logistics SRL (PPOL) and Petrobras Paraguay Gas SRL (PPG) to Grupo Copetrol.