Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000664
Chunk: 100

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 100
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 the agreement, since the closing of the transaction was subject, among other factors, to the completion of the FPSO acquisition,
as provided for in the contract.

The closing of the transaction was conditioned,
among other factors, to the completion of the acquisition of the FPSO. The amount of US$ 3 was received in advance on the signing date
and was retained by Petrobras, as also provided for in the contract, and recognized as other income and expenses, net.

Petrobras maintains its 100% interest on the Uruguá
and Tambaú fields and is assessing the alternatives for the management of these assets, which was classified as property, plant
and equipment on December 31, 2024.

Accounting Policy for assets and liabilities held for sale

| 85 |

| INDEX |

Non-current assets, disposal groups and liabilities
directly associated with those assets are classified as held for sale if their carrying amounts will be recovered mainly through a sale
transaction.

The condition for classification as held for sale
is met only when the sale is approved by the Company’s Board of Directors and the asset or disposal group is available for immediate
sale in its present condition and there is the expectation that the sale will occur within 12 months after its classification as held
for sale. However, an extended period required to complete a sale does not preclude an asset (or disposal group) from being classified
as held for sale if the delay is caused by events or circumstances beyond the Company’s control and there is sufficient evidence
that the Company remains committed to its plan to sell the assets (or disposal groups).

Assets (or disposal groups) classified as held
for sale and the associated liabilities are measured at the lower of their carrying amount and fair value less disposal expenses.

In the classification of non-current assets as
held for sale, provisions for decommissioning costs related to these assets are also disclosed. Any commitments with decommissioning assumed
by the Company resulting from the sale process are recognized after the closing of the transaction, in accordance with the contractual
terms.

| 29.3. | Contingent assets from disposed    
 investments and other transactions |

Some disposed assets and other agreements provide
for receipts subject to contractual clauses, especially related to the Brent variation in transactions related to E&P assets. Information
on sources of estimation uncertainty regarding compensation for the Surplus Volume for the Transfer of Rights Agreement, partnerships
and divestments are described in note 4.11.

The transactions that may generate revenue recognition