Exhibit 8.1
 LIST OF SUBSIDIARIES
  Total
    
    
    Voting
    
    
    Country ofSubsidiary companies
    
    Capital
    
    
    Capital
    
    
    Incorporation
    
    
    ActivityPetrobras Química S.A.  Petroquisa and subsidiaries
    
    
    100.00
    
    
    
    100.00
    
    
    Brazil
    
    PetrochemicalPetrobras Distribuidora S.A.  BR and subsidiaries
    
    
    100.00
    
    
    
    100.00
    
    
    Brazil
    
    DistributionBraspetro Oil Services Company  Brasoil and
subsidiaries
    
    
    100.00
    
    
    
    100.00
    
    
    Cayman Islands
    
    International operationsBraspetro Oil Company  BOC and subsidiaries
    
    
    99.99
    
    
    
    99.99
    
    
    Cayman Islands
    
    International operationsPetrobras Internacional Braspetro B.V.  PIBBV and
subsidiaries
    
    
    100.00
    
    
    
    100.00
    
    
    The Netherlands
    
    International operationsPetrobras Comercializadora de Energia Ltda.  PBEN
    
    
    100.00
    
    
    
    100.00
    
    
    Brazil
    
    EnergyPetrobras Negócios Eletrônicos S.A.  E-PETRO and
subsidiary
    
    
    100.00
    
    
    
    100.00
    
    
    Brazil
    
    CorporatePetrobras Gás S.A.  Gaspetro and subsidiaries
    
    
    99.97
    
    
    
    99.99
    
    
    Brazil
    
    Gas transportationPetrobras International Finance Company  PifCo and subsidiaries
    
    
    100.00
    
    
    
    100.00
    
    
    Cayman Islands
    
    International Commercialization and FinancingPetrobras Transporte S.A.  Transpetro and subsidiary
    
    
    100.00
    
    
    
    100.00
    
    
    Brazil
    
    TransportationDownstream Participações S.A. and subsidiary
    
    
    99.99
    
    
    
    99.99
    
    
    Brazil
    
    Refining and distributionPetrobras
Netherlands B.V.  PNBV and subsidiaries
    
    
    100.00
    
    
    
    100.00
    
    
    The Netherlands
    
    Exploration and ProductionFAFEN Energia S.A.
    
    
    100.00
    
    
    
    100.00
    
    
    Brazil
    
    Energy5283 Participações Ltda.
    
    
    100.00
    
    
    
    100.00
    
    
    Brazil
    
    EnergyFundo de Investimento Imobiliário RB Logística  FII
    
    
    99.00
    
    
    
    99.00
    
    
    Brazil
    
    CorporateBaixada Santista Energia Ltda.
    
    
    100.00
    
    
    
    100.00
    
    
    Brazil
    
    EnergySociedade Fluminense de Energia Ltda.  SFE
    
    
    100.00
    
    
    
    100.00
    
    
    Brazil
    
    EnergyTermorio S.A.
    
    
    100.00
    
    
    
    100.00
    
    
    Brazil
    
    EnergyTermoceará Ltda.
    
    
    100.00
    
    
    
    100.00
    
    
    Brazil
    
    EnergyTermomacaé Ltda.
    
    
    100.00
    
    
    
    100.00
    
    
    Brazil
    
    EnergyTermomacaé Comercialização de Energia Ltda.
    
    
    100.00
    
    
    
    100.00
    
    
    Brazil
    
    EnergyTernoaçu S.A.
    
    
    74.80
    
    
    
    74.80
    
    
    Brazil
    
    EnergyTermobahia Ltda.
    
    
    98.85
    
    
    
    98.85
    
    
    Brazil
    
    EnergyIbiritermo S.A.
    
    
    50.00
    
    
    
    50.00
    
    
    Brazil
    
    EnergyUsina Termelétrica de Juiz de Fora
    
    
    100.00
    
    
    
    100.00
    
    
    Brazil
    
    EnergyPetrobras Biocombustível S.A.
    
    
    100.00
    
    
    
    100.00
    
    
    Brazil
    
    Production of ethanol, biodiesel and energyRefinaria Abreu e Lima S.A.
    
    
    100.00
    
    
    
    100.00
    
    
    Brazil
    
    Refining and tradingAlvo Distribuidora de Combustíveis Ltda.
    
    
    100.00
    
    
    
    100.00
    
    
    Brazil
    
    DistributionIpiranga Asfalto S.A.
    
    
    100.00
    
    
    
    100.00
    
    
    Brazil
    
    Manufacture and trading of emulsions and products derived from asphalts in generalCórdoba Financial Services GmbH  CFS
    
    
    100.00
    
    
    
    100.00
    
    
    Austria
    
    Corporate




---



##### 



Total
    
    
    Voting
    
    
    Country ofSpecial purpose entities consolidated according to FIN 46(R)
    
    Capital
    
    
    Capital
    
    
    Incorporation
    
    
    ActivityAlbacora Japan Petroleum Limited Company
    
    
    0.00
    
    
    
    0.00
    
    
    Brazil
    
    Exploration and ProductionBarracuda e Caratinga Holding Company B.V.
    
    
    0.00
    
    
    
    0.00
    
    
    Cayman Islands
    
    Exploration and ProductionCompanhia Petrolífera Marlim
    
    
    0.00
    
    
    
    0.00
    
    
    Brazil
    
    Exploration and ProductionNovaMarlim Petróleo S.A.
    
    
    0.00
    
    
    
    0.00
    
    
    Brazil
    
    Exploration and ProductionCayman Cabiunas Investments Co. Ltda.
    
    
    0.00
    
    
    
    0.00
    
    
    Cayman Islands
    
    Exploration and ProductionCompanhia de Desenvolvimento e Modernização de Plantas
Industriais  CDMPI
    
    
    0.00
    
    
    
    0.00
    
    
    Brazil
    
    RefiningCompanhia Locadora de Equipamentos Petrolíferos S.A.  CLEP
    
    
    0.00
    
    
    
    0.00
    
    
    Brazil
    
    Exploration and ProductionPDET Offshore S.A.
    
    
    0.00
    
    
    
    0.00
    
    
    Brazil
    
    Exploration and ProductionCompanhia de Recuperação Secundária
    
    
    0.00
    
    
    
    0.00
    
    
    Brazil
    
    Exploration and ProductionNova Transportadora do Nordeste S.A.
    
    
    0.00
    
    
    
    0.00
    
    
    Brazil
    
    TransportationNova Transportadora do Sudeste S.A.
    
    
    0.00
    
    
    
    0.00
    
    
    Brazil
    
    TransportationGasene Participações Ltda.
    
    
    0.00
    
    
    
    0.00
    
    
    Brazil
    
    TransportationManaus Geração Termelétrica Participações Ltda
    
    
    0.00
    
    
    
    0.00
    
    
    Brazil
    
    EnergyBlade Securities Limited
    
    
    0.00
    
    
    
    0.00
    
    
    Brazil
    
    CorporateCodajás Coari Participações Ltda.
    
    
    0.00
    
    
    
    0.00
    
    
    Brazil
    
    TransportationCharter Development  CDC
    
    
    0.00
    
    
    
    0.00
    
    
    USA
    
    Exploration and ProductionCompanhia Mexilhão do Brasil
    
    
    0.00
    
    
    
    0.00
    
    
    Brazil
    
    Exploration and ProductionFundo de Investimento em Direitos Creditórios Não-Padronizados do Sistema Petrobras
    
    
    0.00
    
    
    
    0.00
    
    
    Brazil
    
    Corporate