Petrobras informs that yesterday it signed, through its wholly owned subsidiary Petrobras Global Trading B.V. - PGT, a finance agreement of up to US$ 400 million with Credit Agricole Corporate and Investment Bank (CACIB) with a guarantee from the UK Export Finance (UKEF).
Petrobras informs that yesterday it signed a Memorandum of Understanding (MOU) with BP to complement and reaffirm the commitments contained in the Letter of Intent (LOI), signed by the companies on 10/18/2017, as per press release disclosed on 10/31/2017.
Petrobras informs that Moody's agency has raised the company's corporate debt rating from Ba3 to Ba2, keeping the outlook stable.
Petrobras, further to the Material Fact disclosed on 07/28/2017 and press release disclosed on 10/04/2017, informs the start of the binding phase regarding the full sale of its exploration, development and production rights in three sets of shallow-water fields: Pargo, Sergipe and Merluza clusters, located in the States of Rio de Janeiro, Sergipe and São Paulo, respectively.
Petrobras (“Petrobras”) (NYSE: PBR) announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices of redemption to the holders of the outstanding 4.875% Global Notes due 2020 (the “4.875% Notes”) and 5.75% Global Notes due 2020 (the “5.75% Notes” and, together with the 4.875% Notes, the “Notes”).
Petrobras, further to the Material Fact of March 31, 2017, reports that Consortium BM-S-11, formed by Petrobras (65%), as operator, in partnership with Shell Brasil Petróleo Ltda. (25%) and Petrogal Brasil (10%), received on March 29, 2018, the decision of the National Agency of Petroleum, Natural Gas and Biofuels – ANP, for the nullity of the administrative proceeding whose scope was to recalculate government participations in the Lula Field, in the pre-salt layer of the Santos Basin.
Petrobras, further to the press release disclosed on 7/6/2015 and 7/17/2015, reports that it has been granted a favorable precautionary decision in the arbitration proceedings established before the National Agency of Petroleum, Natural Gas and Biofuels (ANP) in connection to Parque das Baleias, which addresses the possibility of unifying the fields.
Petrobras, further to the Material Fact disclosed on August 28, 2017 and press release disclosed on November 17, 2017, informs the beginning of the binding phase of the processes related to the full sale of its exploration, development and production rights in two sets of onshore fields, Riacho da Forquilha and Miranga, located in Rio Grande do Norte and Bahia states, respectively.
Petrobras informs that it has started the opportunity disclosure stage (“Teaser”) regarding the transfer of Petrobras’ total stake in Baúna field (BM-S-40 Concession), located in Santos Basin, in shallow waters.
Petrobras informs that it has started the opportunity disclosure stage (“Teaser”) related to the sale of its 50% non-operated working interest in Tartaruga Verde field (BM-C-36 Concession) and Module III of Espadarte field, both deep water offshore exploration and production assets located in the Campos Basin.