Petrobras, further to the Material Fact disclosed on 9/5/2017 and press release disclosed on 10/23/2017, informs the start of the binding phase regarding the sale process of 90% of its stake in Transportadora Associada de Gás S.A. ("TAG"), Petrobras wholly-owned subsidiary.
Petrobras informs that in December it executed, directly or through its controlled companies, debt prepayments in the total amount of US$ 5.1 billion, with the following creditors: BNDES , Morgan Stanley, Export Development Canada (EDC), Santander, The Bank of Tokyo-Mitsubishi UFJ, Citibank, Kreditanstalt für Wiederaufbau (KFW), JP Morgan, HSBC and Japan Bank for International Cooperation (JBIC). Of this amount, 72% were expected to be amortized over 2018 and 2019.
Petrobras reports the closing, on this date, of the Public Offering for secondary distribution of 334,937,500 common shares issued by Petrobras Distribuidora S.A. (BR), pursuant to CVM Instruction CVM 358/2002 and article 29 of CVM Instruction 400/2003 (“Offering”).
Petrobras informs that its Board of Directors approved in a meeting held yesterday the Business and Management Plan 2018-2022 (BMP 2018-2022).
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Petrobras, further to the Material Fact of 09/11/2017 and press release of 09/28/2017 and 10/27/2017, informs the start of the binding phase regarding the process of divesting 100% of its assets in Araucária Nitrogenados SA ("ANSA") and in the Nitrogen Fertilizer Unit III ("UFN-III").
Petrobras, pursuant to the press release disclosed on 10/11/2017, concerning the analysis of the sale of Companhia Petroquímica de Pernambuco (PetroquímicaSuape) and Companhia Integrada Textil de Pernambuco (Citepe), Petrobras wholly-owned subsidiaries, to Alpek, informs that, as published in the Official Federal Gazette today, the General Superintendence of the Administrative Council for Economic Defense (CADE) has concluded its opinion, recommending that the CADE Court approves the transaction subject to the execution of an Agreement on Concentration of Control (Acordo de Controle de Concentração – ACC).
Petrobras, the Libra Consortium operator, announces that it signed, on November 14th, a contract with the Modec group to charter a FPSO platform (a Floating Production Storage and Offloading unit), the first definitive production system of Mero Field, which will be used in the Mero Pilot project. The project includes the interconnection of up to 17 wells to the platform and the start of the production is planned for 2021.
Petrobras reports that it has signed today, with the Norwegian company Statoil, the contracts related to the assets of the strategic partnership, in continuity with the Heads of Agreement (“HoA”) signed and disclosed on 9/29/2017.
Petrobras, further to the press releases of June 5 and October 26, 2017, informs that its Shareholders Meeting approved today changes to its Bylaws which will allow the company to apply for accession to B3’s Level 2 special listing segment of Corporate Governance.