Petrobras - 2009 Sustainability Report

• Expansion of Activities in the International Market

  The discoveries of Activities in the International Market The discoveries of oil in the Pre-Salt layer led to a revision of Petrobras’ strategy to operate abroad

• South America

  In 2009, we completed the acquisition of the Esso Chile Petrolera distribution assets

• North America

  In 2009, Petrobras America Inc., a subsidiary of Petrobras in the U.S., acquired Transcor Astra Group’s 50%

• Africa

  In Nigeria, the development plan for the Egina field was approved, and production was kicked-off at the Akpo field

• Asia

  In 2009, gasoline containing a 3% ethanol blend started being produced in Japan, in partnership with Japan Alcohol Trading

• Europe

  We opened an office in Portugal as exploration activities got underway off the coast of the country

Africa

In Nigeria, the development plan for the Egina field was approved, and production was kicked-off at the Akpo field. The company holds 16% stakes in each. In Angola, meanwhile, oil discoveries were announced for the N ’goma-1 and Cabaça Grande 1 wells, located in a block where Petrobras holds 5% stakes; and in the Manganês-1 well, in a block operated by the company and in which has 30% stakes. We also acquired an offshore exploration block in Namibia.