legally binding, page-27

Presuming it is Petrobas (which I think is likely the case).

It is still state-controlled.

I believe that any transaction regardless of size by a foreign government or a state-owned enterprise requires FIRB approval.

Can someone please clarify the exact comments made about the independence of the farminee?

Can someone also advise as to the current ownership of Petrobas?

I think its done before, but it could help clarify the situation.