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AlwaysFree: Petrobras on Bahia Terra Production

Author: SSESSMENTS

According to the company’s website press release on May 2, 2023, Petrobras, following up on the releases disclosed on 03/31/2023 , 03/14/2023 and 04/13/2023, informs that it obtained, last Friday, 04/28/2023, authorization from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) to resume production from 6 more facilities located in the fields of Taquipe, Buracica, Fazenda Alvorada, Rio do Bu, and Cidade de Entre Rios, thus continuing the disinterdiction works at the Bahia Terra Cluster. 

The company started the operational procedures required for the safe return of the production process of these facilities which, added to the production of the facilities previously authorized for operational return, will allow the reestablishment of approximately 43% of the total production of the Bahia Terra Cluster.

The Cluster's operations were paralyzed by an ANP decision and Petrobras has been making all efforts to meet the conditions set by the regulator and to ensure the Bahia Terra Cluster's facilities are back in operation in the shortest possible time. 

Facts deemed relevant will be communicated to the market in due course.

www.petrobras.com.br/ir

For more information: 

PETRÓLEO BRASILEIRO S.A. – PETROBRAS | Investors Relations email: petroinvest@petrobras.com.br/acionistas@petrobras.com.br Av. Henrique Valadares, 28 – 9 th Floor – 20231-030 – Rio de Janeiro, RJ. Tel.: 55 (21) 3224-1510/9947 | 0800-282-1540 

This document may contain forecasts within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Trading Act of 1934, as amended (Trading Act) that reflect the expectations of the Company's officers. The terms: "anticipates", "believes", "expects", "predicts", "intends", "plans", "projects", "aims", "should," and similar terms, aim to identify such forecasts, which evidently involve risks or uncertainties, predicted or not by the Company. Therefore, future results of the Company's operations may differ from current expectations, and the reader should not rely solely on the information included herein. 

Tags: AlwaysFree,Brazil,Crude Oil,English,Latin America

Published on May 23, 2023 11:36 AM (GMT+8)
Last Updated on May 23, 2023 11:36 AM (GMT+8)