UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
Report
of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities
Exchange Act of 1934
For
the month of August, 2020
Commission
File Number 1-15106
PETRÓLEO
BRASILEIRO S.A. – PETROBRAS
(Exact
name of registrant as specified in its charter)
Brazilian
Petroleum Corporation – PETROBRAS
(Translation
of Registrant's name into English)
Avenida
República do Chile, 65
20031-912 – Rio de Janeiro, RJ
Federative Republic of Brazil
(Address
of principal executive office)
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____
Petrobras
releases E&P
teaser in Santos
Basin
—
Rio de Janeiro, August 10, 2020 - Petróleo
Brasileiro S.A. - Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of 50%
to 100% of its stake in the BM-S-51 concession with hand-over the operation, located in the Santos Basin, in the pre-salt polygon.
The concession is located at water depths ranging from 350 m to 1,650 m and about 215 km off the coast of São Paulo.
The teaser, which includes key information
about the opportunity, as well as the eligibility criteria for selection of potential participants, is available on the Petrobras
website: https://www.investidorpetrobras.com.br/en/results-and-notices/teasers.
The main subsequent stages of the project
will be reported to the market in due course.
This disclosure complies with the Petrobras'
divestment guidelines and with the provisions of the special procedure for assignment of rights to exploration, development and
production of oil, natural gas and other fluid hydrocarbons, provided for in Decree 9,355/2018.
This transaction is in line with the portfolio
optimization strategy and the improvement of the company’s capital allocation, increasingly concentrating its resources in
deep and ultra-deep waters, where Petrobras has demonstrated great competitive edge over the years.
About BM-S-51 concession
The BM-S-51 concession was acquired in ANP’s
7th Bidding Round in 2005 and is in the 1st Exploratory Period, with a remaining commitment of drilling one
well in order to comply with the Minimum Exploratory Program.
This exploratory block is strategically
positioned in relation to the Santos Basin discoveries and exploratory areas within the production sharing polygon.
Petrobras is the operator with an 80% stake
in this asset, in a consortium with Repsol Sinopec Brasil, which holds the remaining 20%.
This material is being provided pursuant
to Brazilian regulatory requirements, does not constitute an offering, under the U.S. securities laws, and is not a solicitation,
invitation or offer to buy or sell any securities. The information on our website is not and shall not be deemed part of this report
on Form 6-K.
www.petrobras.com.br/ir
For more information:
PETRÓLEO BRASILEIRO S.A. – PETROBRAS
| Investors Relations
email: petroinvest@petrobras.com.br/acionistas@petrobras.com.br
Av. República do Chile, 65 – 1803
– 20031-912 – Rio de Janeiro, RJ.
Tel.: 55 (21) 3224-1510/9947 | 0800-282-1540
This document may contain forecasts
within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities
Trading Act of 1934, as amended (Trading Act) that reflect the expectations of the Company's officers. The terms: "anticipates",
"believes", "expects", "predicts", "intends", "plans", "projects",
"aims", "should," and similar terms, aim to identify such forecasts, which evidently involve risks or uncertainties,
predicted or not by the Company. Therefore, future results of the Company's operations may differ from current expectations, and
the reader should not rely solely on the information included herein.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
Date: August 10, 2020
PETRÓLEO BRASILEIRO
S.A–PETROBRAS
By: /s/ Andrea Marques de Almeida
______________________________
Andrea
Marques de Almeida
Chief Financial Officer and
Investor Relations Officer
Petroleo Brasileiro ADR (NYSE:PBR)
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