Pursuant to Rule 13a-16 or 15d-16 of the
20031-912 - Rio de Janeiro, RJ
Federative Republic of Brazil
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F _______
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No___X____
This report on Form 6-K is incorporated by reference in the Registration
Statement on Form F-3 of Petróleo Brasileiro -- Petrobras (No. 333-163665).
Petrobras concludes sale transaction of its stake in BC-10
Rio de Janeiro, December 30th, 2013 – Petróleo Brasileiro S.A. – Petrobras concluded this Monday (December 30th, 2013) the sale of its 35% stake in the offshore project Parque das Conchas (BC-10) for US$ 1.636 billion.
In August 2013, Petrobras signed an agreement to sell its 35% stake in the block, subject to governmental approvals and the exercise of the preemptive rights of the partners. Shell and ONGC Videsh exercised their preemptive rights to acquire 23% and 12% stake, respectively.
After the approval of the Brazilian National Agency of Petroleum, Natural Gas and Biofuels, which occurred on December 18th, the sale to the partners was concluded in December 30th, 2013.
In 2013, the contribution of BC-10 for Petrobras average oil production volume was 8.6 thousand barrels of oil per day (bpd).
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PETRÓLEO BRASILEIRO S.A--PETROBRAS | ||
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By: |
/S/ Almir Guilherme Barbassa
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Almir Guilherme Barbassa
Chief Financial Officer and Investor Relations Officer |
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