ANNUAL AND EXTRAORDINARY GENERAL MEETINGS

CALL NOTICE


The Board of Directors of Petróleo Brasileiro SA -  Petrobras convenes the
Company's shareholders to meet at Annual and Extraordinary General Meetings on
April 27, 2017, at 3:00 p.m., in the auditorium of the Headquarters Building,
Avenida República do Chile 65, 1st floor, in the city of Rio de Janeiro (RJ), in
order to deliberate on the following matters:


Annual General Meeting


I.	To analyze management accounts, examine, discuss and vote on the Management
Report and the Company's Financial Statements, together with the report of the
independent auditors and the Fiscal Council's Report, for the fiscal year ended
December 31, 2016;
II.	Election of 5 (five) members for Fiscal Council, among which 1 (one) is
appointed by the minority shareholders and one (1) by  preferred shareholders,
both through the separate election process, and their respective alternates; and
III.	Establishment of the financial compensation of Directors, members of the
Fiscal Council and members of the Statutory Advisory Committees to the Board of
Directors.



Extraordinary General Meeting


I.	Proposal for the amendment of Petrobras' Bylaw, in order to:

(i)	Amend art. 14, to expressly provide for the possibility of incorporation of
a subsidiary whose object is solely to hold equity interests, as provided for in
art. 8, paragraph 2 of Decree N. 8,945/16;

(ii)	Amend art. 16, to include the sole paragraph, in order to establish that,
notwithstanding the provisions set forth in articles 54 and 56 of Decree N.
8,945/16 for smaller companies (with gross annual revenues of less than BRL 90
million), all the requirements and impediments applicable to the managers and
members of the Fiscal Council shall be uniform and isonomic for the selection
and approval both within the holding company and in the companies that are part
of the Petrobras System;

(iii)	Amend the main section of art. 18, to expressly provide that the term of
management of the members of the Board of Directors will be unified, in
compliance with art. 24, VI of Decree N. 8,945/16;

(iv)	Amend art. 18, to insert paragraph 6, which prohibits the renewal of the
member of the Board of Directors who does not participate in any annual training
provided by the Company in the last 2 years, in compliance with art. 42, sole
paragraph of Decree N. 8,945/16;

(v)	Amend art. 18, to insert Paragraph 7, which provides that in any event, the
return of a former Board Member to the Company may only occur after a period
equivalent to a term of management, in compliance with Art. 24, paragraph 4 of
Decree N. 8,945/16;

(vi)	Amend the main section of art. 20, to expressly provide that the term of
management of the members of the Executive Board shall be unified, in compliance
with art. 24, VII of Decree N. 8,945/16;

(vii)	Amend art. 20, to insert Paragraph 3, which brings the additional
requirement for the position of Executive Officer, in relation to the
requirements for Directors, in compliance with art. 24, II of Decree N.
8,945/16;

(viii)	Amend art. 20, to insert Paragraph 4, which prohibits the renewal of the
Executive Board member who does not participate in any annual training provided
by the Company in the last 2 years, in compliance with art. Art. 42, sole
paragraph of Decree N. 8,945/16;

(ix)	Amend art. 20, to insert paragraph 5, which provides that, in any event,
the return of a former member of the Executive Board to the Company may only
occur after a period equivalent to a term of management, in compliance with art.
24, paragraph 4 of Decree N. 8,945/16;

(x)	Amend the main section of art. 21 to provide for the express submission of
the Company's managers to the conditions set forth in Decree No. 8,945/16, in
addition to those provided for in Act 6,404/76 in Act 13,303/16 and in the
Nomination Policy;

(xi)	Amend art. 21, to include Paragraphs 1 2 and 3, which determine the
application, to all administrators, of the additional conditions of unblemished
reputation described and to be detailed in the Nomination Policy;

(xii)	Amend art. 21, to include Paragraph 3, which provides for the attribution
of the Nomination, Compensation and Succession Committee ("CIRS") to analyze the
additional conditions of unapproved reputation, within a maximum period of 8
business days from the delivery of information regarding the nominee, and may be
extended for up to the same period, or suspended, as the case may be;

(xiii)	Amend art. 21, paragraph 2, which, after renumbering, shall become
Paragraph 6, in order to establish the equality of requirements and criteria for
all members of the Board of Directors, including the employees' representative;

(xiv)	Amend art. 21, to include paragraph 7, to provide for the possibility of
the candidate providing clarifications, at the request of the CIRS;

(xv)	Change art. 29 to insert, in items II, IV, VII and XIII, the competences
provided in arts. 9º, §1º; 24, III; 32, II and 37, §3º of Decree n. 8,945/16;

(xvi)	Amend art. 30 to insert, in items VI and VIII, the competences provided
for in arts.  8, paragraph 2 and 32, I of Decree N. 8,945/16, As well as to
promote editorial adjustments;

(xvii)	Amend art. 30, items II, IV, IX , XIV and XV, to promote text
adjustments;

(xviii)	Change art. 30, paragraph 1, former single paragraph, to provide for the
Minority Committee as a statutory committee to support the Board of Directors;

(xix)	Amend art. 30, to include Paragraph 2, which provides that the CIRS shall
comply with the duties set forth in art. 21 of Decree N. 8,945/16, also
analyzing the criteria of unblemished reputation foreseen in the proposed
amendment of art. 21 of the Bylaw;

(xx)	Amend art. 30 to include Paragraphs 3 and 4, which provide for the
possibility of convening the Minority Committee, as a measure of good governance
in the prior evaluation of transactions involving the Union, its local
authorities and foundations and federal state-owned enterprises, since outside
the normal course of business of the Company, as well as discipline the
composition of the Committee;

(xxi)	Amend art. 32 for the inclusion of Paragraph 5, which provides that the
transactions with the Federal Government, its municipalities and foundations,
shall be approved by the vote of 2/3 (two thirds) of the Directors present;

(xxii)	Amend art. 34 to include clause "l", item II, which expressly provides
for the Executive Board's competence to approve collective labor agreements or
agreements, as well as the filing of collective bargaining agreements;

(xxiii)	Amend art. 35, paragraph 2 to improve the wording, using the terminology
adopted for the functions directly linked to the Executive Officers, according
to the need verified by the Company;

(xxiv)	Amend the main section of art. 43 to provide for the express submission
of the Company's Fiscal Counselors to the conditions set forth in Decree N.
8,945/16, in the Nomination Policy, and to the criteria of unblemished
reputation provided for in art. 21 of the Bylaw;

(xxv)	Change art. 43, paragraph 2, for text adjustment;

(xxvi)	Amend art. 44 to include Paragraph 1, which prohibits the reappointment
of Fiscal Council Members who do not participate in any annual training provided
by the Company in the last 2 years, in compliance with art. 42, sole paragraph
of Decree N. 8,945/16, and;

(xxvii)	Amend art. 44 to include Paragraph 2, which establishes that, in any
event, the return of a former Fiscal Counselor to the Company may only occur
after a period equivalent to a term of performance, in compliance with art. 24,
§4 of Decree N. 8,945/16.

II.	Consolidation of the Bylaw to reflect the approved amendments, and;

III.	Proposed inclusion of additional requirements for unimpeachable reputation,
in addition to those contained in Act 13,303, dated June 30, 2016, and of Decree
8,945, of the Petrobras Board of Directors and Board of Executive Officers of
December 27, 2016, in compliance with art. 40, item XIII of Petrobras' Bylaw.



The person present at the Meeting shall prove his or her shareholder status,
pursuant to article 126 of Act 6,404, dated 12.15.1976. In order to be
represented, the shareholder must comply with the provisions of paragraph 1 of
article 126 of said Act and article 13 of Petrobras' Bylaw, showing the
following documents:

i)	Representative's identity document;
ii)	Power of Attorney with special powers of the represented with notarized
signature (original or authenticated copy);
iii)	Copy of the agreement or Bylaw of the fund's representative or regulation,
if applicable;
iv)	Copy of the instrument of investiture or equivalent document proving the
powers of the grantor of the power of attorney, if applicable.

The shareholders represented by attorneys-in-fact are requested to file, at
least three business days in advance, the documents listed above in room 1002
(Attendance to Shareholders) of the Headquarters Building. For those who will
submit the documentation on the day of the Meetings, the Company informs that it
will be able to receive it from 11 am, at the place where the meetings will be
held.

The exercise of the right to vote in the case of the loan of shares shall be
borne by the borrower of the loan, except if the agreement signed between the
parties provides for otherwise.

In addition, shareholders may also elect to vote on the matters set forth in
this Notice through the use of the public request for power of attorney,
pursuant to CVM Instruction 481, of December 17, 2009.

The receipt of electronic powers of attorney shall be available at the Company’s
site,
(http://www.petrobras.com.br/ir) from the beginning of April 2017.

The Company informs that the instructions for distance voting, which is dealt
with in CVM Instruction 561, dated April 7, 2015, are included in the Handbook
for Meeting (Manual da Assembleia).

Likewise, the requirements, impediments, as well as the documentation that must
be presented for the appointment of members of the Fiscal Council are included
in the Handbook for Meeting (Manual da Assembleia).

All the documentation pertinent to the matters that will be resolved in these
Annual and  Extraordinary General Meetings, in accordance with the Instruction
CVM 481, of December 17, 2009 is available to shareholders in Room 1002
(Shareholders Service) of the Company's Headquarters Building, and at the
Company's electronic addresses (http://www.petrobras.com.br/ri) and the
Brazilian Securities Commission - CVM (http://www.cvm.gov.br).


Rio de Janeiro, March 24th, 2017.


Luiz Nelson Guedes de Carvalho
Chairman of the Board of Directors