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Brazil: Petrobras provides update on the Bahia Terra Cluster divestment


14 Mar 2023

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Petrobras informs that the divestment process of the Bahia Terra Cluster is in the negotiation phase with the consortium of companies Petroreconcavo 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. Material facts will be timely disclosed to the market.

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Source: Petrobras





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