Petrobras to charter two new production and storage vessels for the Campos Basin

Petrobras has submitted two letters of intention to MODEC Inc, for the chartering of one FPSO for use in the RJS-409 and RJS-415 areas development project located to the south of the Espadarte Field and (ii) and FSO (Floating, Storage and Offloading unit) for the Director Plan for Flow and Treatment of Oil for Campos Basin (PDET). The two systems are due to operate on the continental platform in the Campos Basin.