Exhibit 8.1
List of subsidiaries of Petróleo Brasileiro S.A. - PETROBRAS
Subsidiary companies | Total Capital | Voting Capital | Country of | Activity | ||||
Petrobras Química S.A. - PETROQUISA | 99.00 | 99.99 | Brazil | Petrochemical | ||||
Petrobras Distribuidora S.A. - BR | 99.99 | 99.90 | Brazil | Distribution | ||||
BRASPETRO Oil Services Company - BRASOIL | 99.99 | 99.99 | Cayman Islands | International operations | ||||
BRASPETRO Oil Company - BOC | 99.99 | 99.99 | Cayman Islands | International operations | ||||
PIB - Petrobras Internacional - BRASPETRO B.V. (1) | 99.99 | 99.99 | The Netherlands | International operations | ||||
Petrobras Comercializadora de Energia Ltda. – PCEL (2) | 100.00 | 100.00 | Brazil | Energy | ||||
Petrobras Negócios Eletrônicos S.A. | 99.95 | 99.95 | Brazil | Corporate | ||||
Petrobras Gás S.A. - GASPETRO | 99.90 | 99.99 | Brazil | Gas transportation | ||||
Petrobras International Finance Company - PIFCo | 99.99 | 99.99 | Cayman Islands | International Comercialization and Financing | ||||
Petrobras Transporte S.A. - TRANSPETRO | 100.00 | 100.00 | Brazil | Transportation | ||||
Downstream Participações S.A. | 99.99 | 99.99 | Brazil | Refining and distribution | ||||
Petrobras Netherlands BV | 100.00 | 100.00 | The Netherlands | Exploration and Production | ||||
UTE Nova Piratininga Ltda. | 100.00 | 100.00 | Brazil | Energy | ||||
FAFEN Energia S.A. | 100.00 | 100.00 | Brazil | Energy | ||||
TERMOR Participações S.A. (7) | Brazil | Energy | ||||||
TERMORIO S. A. (3) | 50.00 | 50.00 | Brazil | Energy | ||||
TERMOBAHIA Ltda. (3) | 29.00 | 29.00 | Brazil | Energy | ||||
Ibiritermo S. A. (3) | 50.00 | 50.00 | Brazil | Energy | ||||
EVM Leasing Co. (4) | 0.00 | 0.00 | Cayman Islands | Exploration and Production | ||||
Companhia Petrolífera Marlim (4) | 0.00 | 0.00 | Brazil | Exploration and Production | ||||
NovaMarlim Petróleo S.A. (4) | 0.00 | 0.00 | Brazil | Exploration and Production | ||||
Nova Transportadora do Sudeste S.A.(4) | 0.00 | 0.00 | Brazil | Transportation | ||||
Nova Transportadora do Nordeste S.A.(4) | 0.00 | 0.00 | Brazil | Transportation | ||||
Barracuda e Caratinga Holding Company B.V. (4) | 0.00 | 0.00 | Cayman Islands | Exploration and Production | ||||
Cayman Cabiunas Investments Co. Ltda. (4) | 0.00 | 0.00 | Cayman Islands | Exploration and Production | ||||
Companhia Locadora de Equipamentos Petrolíferos S.A. – CLEP (4) (5) | 0.00 | 0.00 | Brazil | Exploration and Production | ||||
Albacora Japan Petroleum Limited Company (4) | 0.00 | 0.00 | Brazil | Exploration and Production | ||||
Companhia de Recuperação Secundária (4) | 0.00 | 0.00 | Brazil | Exploration and Production | ||||
PDET S.A. (4) | 0.00 | 0.00 | Brazil | Exploration and Production | ||||
MPX Termoceará Ltda. (6) | 0.00 | 0.00 | Brazil | Energy | ||||
SFE - Sociedade Fluminense de Energia Ltda. (6) | 0.00 | 0.00 | Brazil | Energy | ||||
Consórcio Macaé Merchant (6) | 0.00 | 0.00 | Brazil | Energy |
(1) | Parent Company of Petrobras Energia S.A. – PEPSA (former Perez Companc S.A.-PECOM) and Petrolera Entre Lomas S.A. – PELSA (former Petrolera Perez Companc S.A.) |
(2) | Former Petrobras Energia Ltda. |
(3) | Consolidated according to FIN 46, commencing December 31, 2003. Formerly were accounted for as capital leases pursuant to SFAS 13. |
(4) | Consolidated according to FIN 46, commencing December 31, 2003. Formerly were special purpose entities formed in connection with project financings transactions. |
(5) | Former Langstrand Holdings S.A.. |
(6) | Consolidated according to FIN 46, commencing December 31, 2003. Formerly were not consolidated in PETROBRAS financial statements. |
(7) | Disposed of in December of 2004 with immaterial impact to the consolidated financial statements. |
List of subsidiaries of Petrobras International Finance Company
Subsidiary companies | Total Capital | Voting Capital | Country of | Activity | ||||
Petrobras Europe Limited - PEL | 100.00 | 100.00 | United Kingdom | Trading Agent & Marketing Advisor | ||||
Petrobras Finance Limited - PFL | 100.00 | 100.00 | Cayman Islands | International Comercialization | ||||
BEAR Insurance Company Limited | 100.00 | 100.00 | Bermuda | Insurance |
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