Petrobras reports it started today, with its partners of the BM-S-11 Consortium, the production of oil and natural gas through P-67 platform, in the Lula Norte area, in the pre-salt of Santos Basin. With capacity to process up to 150 thousand barrels of oil and compress up to 6 million m³ of natural gas per day, this is the ninth unit set up in the BM-S-11 block, in line with the company's Strategic Plan.
Petrobras, following up on the Press Releases of 4th, 7th and 14th of January of 2019, reports that its Board of Directors approved the appointments of Admiral Eduardo Bacellar Leal Ferreira as Chairman of the Board of Directors of the company, and João Cox as member of the Board. The appointments will be reviewed at the next Shareholders' General Meeting.
Petrobras discloses the volume of its proved petroleum reserves (oil, condensate and natural gas), estimated as of the end of 2018, according to ANP/SPE (National Agency of Petroleum, Natural Gas and Biofuels/Society of Petroleum Engineers) and SEC (US Securities and Exchange Commission) criteria.
Petrobras, following the press released on 05/04/2018, informs that its subsidiary Petrobras America Inc (PAI) signed today with Chevron U.S.A. Inc., a Share Purchase Agreement - SPA relating to the sale of all the shares held by PAI in the companies that encompass Pasadena's entire refining operations system in the United States.
Petrobras, following up to the Press Release of 09/27/2018, informs that, today, it paid the Commitment Assumption Agreement ("Agreement "), made with the Federal Public Prosecutor's Office (" MPF ") and judicially approved on January 25, 2019, in the amount of US$ 682.6 million, corresponding to 80% of the value of the resolution reached with the Department of Justice (" DoJ ") and the Securities & Exchange Commission (" SEC ") in the United States.
Petrobras clarifies that, according to Petrobras' Divestment Methodology, the following stages of divestment projects must be disclosed to the market: teaser, beginning of the non-binding phase (if applicable), beginning of the binding phase, granting of exclusivity for negotiation (if applicable), transaction approval by senior management and agreement signature, and transaction closing.
Petrobras informs that the Administrative Board of Tax Appeals (CARF) pronounced, on this date, by majority, favorable decision to the company regarding fiscal administrative proceedings, totaling the approximate amount of R$ 11.9 billion, resulting from tax assessments drawn up by the Brazilian Federal Revenue Office for the collection of CIDE-import (base year 2011), PIS / COFINS-import (base year 2011) and PIS / COFINS-import (base-year 2012) on remittances abroad for the payments of vessel charters. This decision does not change the expectation of possible loss.
Petrobras informs that it received a letter from Mr. Lauro Cotta, appointed to occupy the position of Chief Strategy, Organization and Management System Executive Officer, communicating that, for particular reasons, he can not accept the appointment.
Petrobras reports that yesterday (01/27), there was a fire in the storage area of materials used in oil exploration and production activities, located in the Intermodal Terminal of Serra (“TIMS”), in the municipality in the metropolitan region of Vitória.
Petrobras, following up on the press release of 08/29/2018, informs that Paulínia Refinery (Replan) has resumed, today, 100% of its nominal production capacity with the return of operation of the distillation unit (U-200 ), which occurred within the expected timeframe.