Petrobras starts non-binding phase of Polo Marlim

Petrobras, in continuation of the communiqué released on November 16, 2020, informs the beginning of the non-binding phase regarding the sale of 50% of its participation in the Marlim, Voador, Marlim Leste and Marlim Sul concessions, jointly known as Polo Marlim , located predominantly in deep waters in the Campos Basin.

Potential buyers eligible for this phase will receive instructions on the divestment process, including guidelines for preparing and sending non-binding proposals, as well as access to a virtual data room containing additional information about the Polo. The main subsequent stages of the project will be informed to the market in due course.

This disclosure is in accordance with Petrobras internal rules and with the special procedure for assigning rights to explore, develop and produce oil, natural gas and other fluid hydrocarbons, provided for in Decree 9.355 / 2018.

About Polo Marlim

Polo Marlim comprises 4 production concessions located in the Campos Basin. Petrobras is the operator of the fields with 100% participation.

The Marlim and Voador fields occupy an area of ​​339.3 km² and are located in deep waters, with water depth ranging between 400 m and 1,050 m, at a distance of about 150 km from Macaé, on the northern coast of the state from Rio de Janeiro. Marlim and Voador share the production infrastructure and, between January and November 2020, produced an average of 65.3 thousand barrels of oil per day and 885 thousand m³ / day of gas.

The Marlim Leste field is located east of the Marlim field, at a distance of about 107 km from Cabo de São Tomé, located in deep and ultra-deep waters, with water depths ranging from 780 to 2,000 m. From January to November 2020, Marlim Leste produced, on average, 39.4 thousand barrels of oil per day and 633 thousand m³ / day of gas.

The Marlim Sul field is located to the south of the Marlim and Marlim Leste fields, at a distance of about 90 km from the north coast of Rio de Janeiro, located in deep and ultra-deep waters, in a water depth that varies from From January to November 2020, 800 to 2,500 me produced, on average, about 109.6 thousand barrels of oil per day and 2.073 thousand m³ / day of gas.