Company: PBR
Filing Date: 2025-11-07
Form Type: 6-K
Source: 0001292814-25-003845
Chunk: 43

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-11-07
Form: 6-K
Chunk 43
---
 |        543 |        4,418 |

(1) In the nine-month period ended September
30, 2025, the reduction is related to the sale of the Cherne and Bagre fields. For more information, see note 22.1.

In August 2025, Petrobras closed the sale of the
Company's entire interest in Cherne and Bagre producing fields, located in shallow waters of the Campos Basin, to Perenco Petróleo
and Gás (“Perenco”). The transaction was closed in the third quarter of 2025, with the payment of R$ 50 (US$ 9 million)
to Petrobras, in addition to R$ 5 (US$ 1 million) paid to Petrobras in April 2024, at the signing of the transaction. A R$ 11 gain was
recognized in other income and expenses, net (note 6).

These fields had their production interrupted in
March 2020, and their respective production facilities have been idled since then. This sale agreement provided for compensation adjustments
to be paid by Petrobras to Perenco to mantain the operating conditions of these assets, intended to make Perenco resume production of
these fields as an alternative to their decommissioning, which is no longer an obligation of Petrobras.

| 22.2 | 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.

The transactions that may generate revenue recognition,
accounted for within other income and expenses, are presented below:

| Transactions                                                                                         | Closing date | At the closing of the operation 
                     US$ million |             | Asset recognized in the period from January to September 2025 | Asset recognized in previous periods 
                          US$ million | Value of contingent assets on 09/30/2025 
                              US$ million |
|                                                                                                      |              |                                 | US$ million |                                                            R$ |                                      |                                          |
| Surplus volume of the transfer of rights agreement                                                   |              |                                 |             |                                                               |                                      |                                          |
| Sépia and Atapu (1)                                                                                  | Apr/2022     |                           5,263 |         114 |                                                           637 |                                1,272 |                                    3,877 |
| Sales in previous Years                                                                              |              |                                 |             |                                                               |                                      |                                          |
|