Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000664
Chunk: 92

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 92
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 1,770 as of December 31, 2023), which is still in force as of December 31, 2024, net of commitments
undertaken. As of December 31, 2024, the collateral comprises future crude oil production capacity from Marlim and Buzios producing fields,
already in production, pledged as collateral, in the amount of US$ 1,239 (US$ 1,756 as of December 31, 2023) and bank guarantees
of US$ 11 (US$ 14 as of December 31, 2023).

| 27. | Consortia (partnerships) in E&P 
 activities                      |

In line with its strategic objectives, Petrobras
operates in association with other companies in consortia as holder of oil and natural gas exploration and production rights in concessions
and production sharing regimes.

As of December 31, 2024, the Company holds interests
in 95 consortia with 34 companies, among which Petrobras is the operator in 64 (67 consortia with 32 companies and operator in 39, as
of December 31, 2023). In 2024, the Company formed 32 new consortia, stopped participating in 2 others, and now holds 100% in 2 others.

The partnerships established in 2024, with Petrobras
as the operator, are related to the 4th Cycle of the Permanent Concession Offer in the Pelotas Basin, as follows:

| • | 26                                                                         
 contracts with Petrobras holding a 70% interest and Shell holding 30%; and |

| • | 3                                                                                      
 contracts with Petrobras holding a 50% interest, Shell 30%, and CNOOC 20% (note 24.2). |

Additionally, Petrobras will act as a non-operator
in 3 new partnerships in São Tomé and Príncipe.

In 2023, 2 new partnerships were formed with Petrobras
as the operator, both related to the 1st Cycle of the Permanent Sharing Offer:

| • | Campos                                                                                                 
 Basin, with 30% held by Petrobras, 30% by TotalEnergies, 20% by Petronas, and 20% by Qatar Energy; and |

| • | Santos                                                      
 Basin, with Petrobras holding a 60% interest and Shell 40%. |

Consortia bring benefits through risk sharing,
increased