Petrobras Says No BOD Decision Regarding Bahia Terra Cluster Divestment

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(Petrobras, 13.Mar.2023) — Petrobras, regarding the pieces of news released in the media, informs that the divestment process of the Bahia Terra Cluster is in the negotiation phase with the consortium of companies Petrorecôncavo and Eneva, and no decision has been taken by the Executive Board and the Board of Directors concerning these assets, according to the releases disclosed on 05/01/2023, 13/12/2022, and 03/11/2022.

Additionally, any intended decisions on investments and asset disposals must be analyzed by the appropriate governance bodies.

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ENERGY ANALYTICS INSTITUTE (EAI) https://energy-analytics-institute.org

Energy Analytics Institute (EAI), formerly LatinPetroleum.com, is a Houston-established private organization with a satellite presence in Calgary, Mexico City and Venezuela where it operates under Editores LatinPetroleum SA. Since 1999, EAI has been a leader in energy news coverage of Latin America in particular. Coverage, run out of Latin America, now spans the world and encompasses nearly all energy and energy-related sectors.

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