Company: PBR
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001292814-25-001352
Chunk: 66

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-04-03
Form: 20-F
Item: Item 17
Chunk 66
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 Campos basin, that has been in force since October 2019. PPSA represented the Brazilian federal government as the owner of the non-contracted area of Norte de Brava, while we owned the Voador and Marlim concession contract areas.
 In May 2023, ANP approved an amendment to the AIP to include the Production Sharing Contract of Norte de Brava, and we acquired a 100% interest in the Production Sharing Contract of Norte de Brava.
 The interest of each Contract in the Brava shared reservoir are as follows:
 
               Contract                                    Interest                  
                                         (%) of each Contract in the Shared Reservoir
-------------------------------------------------------------------------------------
Marlim                                                                          64.27
(Concession Contract)                                                                
Voador                                                                          33.40
(Concession Contract)                                                                
Norte                                                                            2.33
de Brava (Production Sharing Contract)                                               
 
Petrobras has a 100% interest in the Brava Shared Reservoir. PPSA is the manager of the Production Sharing Contract of Norte de Brava.
 
ALBACORA PRE-SALT (FORNO)
 We entered into an AIP with PPSA to establish the terms and conditions of the Albacora Pre-salt (Forno) shared reservoir, located in the Campos basin, that has been in force since January 2023. PPSA represented the Brazilian federal government as the owner of the non-contracted area of Norte de Brava, while we owned the Albacora concession contract area.
 In May 2023, ANP approved an amendment to the AIP to include the Production Sharing Contract of Norte de Brava, and we acquired a 100% interest in the Production Sharing Contract of Norte de Brava.
  
Annual Report and Form 20-F 2024 |

The interest of each contract in the Albacora Pre-Salt (Forno) Shared Reservoir are as follows:
 
               Contract                                    Interest                  
                                         (%) of each Contract in the Shared Reservoir
-------------------------------------------------------------------------------------
Albacora                                                                        98.33
(Concession Contract)                                                                
Norte                                                                            1.67
de Brava (Production Sharing Contract)                                               
 
Petrobras has 100% interest in the Albacora Pre-Salt (Forno) Shared Reservoir. PPSA is the manager of the Production Sharing Contract of Norte de Brava.
 

Annual Report and Form 20-F 2024 |
MAIN PRODUCTION FIELDS

                                                                                      Production units                                                                                              
Basin             Field