This excerpt taken from the PBR 6-K filed Aug 13, 2008.
9.3 Project financings obligations
This excerpt taken from the PBR 6-K filed Mar 4, 2008.
10.3 Project financings obligations
a) NovaMarlim Project
Nova Marlim Petróleo S.A. provided funding for the project, the balance of which, net of operating costs already incurred by Petrobras in the amount of R$ 1.948.104 (R$ 1.781.759 in 2006) and transferred assets of R$ 49.465, reached R$ 166.431 (R$ 332.776 in 2006) classified in Current Liabilities as Project Financings.
b) PDET Project
PDET Offshore S.A passed to Petrobras R$ 1.198.357 as an advance for the future sale of assets and reimbursement of expenses incurred by Petrobras. In December 2007, Petrobras ceded a contract with Consórcio Norberto Odebrecht Engenharia S.A. - CNO and sold immobilized assets to PDET Offshore S.A. in the total amount of R$ 998.024. This left Petrobras with a balance of R$ 200.333, classified in the current liabilities as Project Financings.