Operational start-up of FPSO Cidade de Maricá, in the Lula field,

in the pre-salt layer of the Santos Basin

Rio de Janeiro, February 16, 2016 – Petróleo Brasileiro S.A. – Petrobras hereby announces that began operating the Cidade de Maricá platform, in the Lula field (Lula Alto area), in the pre-salt layer of the Santos Basin.

The Cidade de Maricá platform is a FPSO, a unit that produces, stores and transfers oil. The platform is located at approximately 270 kilometers from the coast, at a water depth of 2,120 meters. With a daily production capacity of up to 150,000 barrels of oil and 6 million cubic meters of gas, this is the seventh major definitive production system in the pre-salt layer of the Santos Basin.

With this additional unit, the pre-salt layer of the Santos and Campos basins already accounts for 35% of Brazil’s oil production. The consolidation of the Santos Basin’s production, which accounts for 70% of the extraction in this layer, has been taking place for a little more than five years, with the installation of a major platform every 9 months on average.

That production has proven to be among the best performances worldwide. The first four production systems, installed between 2010 and 2014, are still producing almost at full capacity (475,000 barrels of oil per day, with only 19 producing wells).

The three most recent platforms, whose production is currently growing, also have the same good performance as the wells already in operation (205,000 barrels of oil per day with only 7 producing wells).

Two other major definitive production systems will become operational still in 2016 – Lula Central (FPSO Cidade de Saquarema) and Lapa (FPSO Cidade de Caraguatatuba).

Operational start-up of the Route 2 gas pipeline

The improvement in the design and construction of wells, subsea systems and platforms has been accompanied by a great effort to implement a complex transportation and gas processing infrastructure.

Moving ahead with the expansion of the production capacity of the Santos basin, last Friday, February 12, Petrobras began operating the second transportation route for natural gas produced in the pre-salt layer of this basin through a gas pipeline called Route 2.

With 401 kilometers of extension, Route 2 is the longest subsea gas pipeline in operation in Brazil and has daily transportation capacity of 13 million cubic meters of gas, connecting the production systems of the pre-salt layer of the Santos basin with the gas Treatment Terminal of Cabiúnas in Macaé, Rio de Janeiro. This Terminal had its daily processing capacity increased to 28.4 million cubic meters in order to receive gas from the pre-salt layer of the Santos and Campos basins.

Route 2 will be connected to the Route 1 gas pipeline, in operation since 2011 and with a daily transportation capacity of additional 10 million cubic meters.

With this new gas pipeline, total installed capacity for the transportation of natural gas from the pre-salt layer of the Santos Basin reaches 23 million cubic meters per day, allowing an increase in oil production and an expansion in national gas supply to the Brazilian market, helping consolidate Petrobras’ strategy of expanding the representativeness of natural gas in its business.

The Lula Alto and Lula Central areas are located in the BM-S-11 concession, operated by Petrobras (65%), in partnership with BG E&P Brasil Ltda – a subsidiary of Royal Dutch Shell plc (25%), and Petrogal Brasil S.A. (10%).

The Sapinhoá and Lapa fields are located in the BM-S-9 concession, operated by Petrobras (45%), in partnership with BG E&P Brasil Ltda – a subsidiary of Royal Dutch Shell plc (30%), and RepsolSinopec Brasil S.A (25%).

The Cernambi-Tecab pipeline is owned by the Consortium Cabiúnas 1, operated by Petrobras (55%) in partnership with BG E & P Brazil Ltda – a subsidiary company of Royal Dutch Shell plc (25%), RepsolSinopec Brasil SA (10%) and Petrogal Brasil S.A (10%).

www.petrobras.com.br/ir

Contacts:

PETRÓLEO BRASILEIRO S.A. – PETROBRAS | Investor Relations Department I e-mail: petroinvest@petrobras.com.br

Av. República do Chile, 65 – 10th floor, 1002 – B – 20031-912 – Rio de Janeiro, RJ | Phone: 55 (21) 3224-1510 / 3224-9947

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