Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000670
Chunk: 107

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 107
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 Recoverable amount (2) | (Impairment) Reversal |     |      Segment |
|                                                                                                                                                    |                     |                        |                       |     |         2024 |
| Oil and gas production fields                                                                                                                      |                 273 |                      2 |                  -271 |     |  E&P, Brazil |
| Others                                                                                                                                             |                     |                        |                    57 |     |            - |
| Total 2024                                                                                                                                         |                     |                        |                  -214 |     |              |
|                                                                                                                                                    |                     |                        |                       |     |         2023 |
| Oil and gas production fields                                                                                                                      |               1,113 |                  1,619 |                   506 |     |  E&P, Brazil |
| Others                                                                                                                                             |                   - |                      - |                     2 |     |            - |
| Total 2023                                                                                                                                         |                     |                        |                   508 |     |              |
| (1) The net book values ​​and recoverable values ​​presented refer only to assets or group of assets that suffered impairment losses or reversals. |                     |                        |                       |     |              |
| (2) The recoverable amount used to evaluate the test is fair value.                                                                                |                     |                        |                       |     |              |

In 2024, the Company recognized impairment losses on assets
held for sale arising from the assessment at the fair value of assets, net of disposal expenses, mainly arising from Pescada group of
fields, due to decommissioning cost review.

In 2023, the Company recognized reversals on assets held for
sale in the amount of R$ 506, arising from the assessment at the fair value of assets, net of disposal expenses, mainly arising from the
approval for the disposal of Uruguá group of fields.

The accounting practice applied to assets and liabilities
classified as held for sale is described in note 29.

| 77 |

| NOTES TO THE FINANCIAL STATEMENTSPETROBRAS(In millions of reais, unless otherwise indicated) |

| 25.3. | Investments in associates and joint ventures (including goodwill) |

Value in use is generally used for impairment test of investments
in associates and joint ventures (including goodwill). The basis for estimates of cash flow projections includes: (i) projections covering
a period of 5 to 12 years, zero-growth rate perpetuity; (ii) budgets, forecasts and assumptions approved by management; and (