Petrobras Finalizes Tupi Reservoir Settlement, Receives R$2.4 Billion Net

summarizeSummary

Petrobras completed the financial settlement for the Tupi Shared Reservoir redetermination, receiving a net R$2.4 billion and increasing its participation share.

check_boxKey Events

• Financial Settlement Completed

  Petrobras completed the financial settlements related to the first redetermination of the Tupi Shared Reservoir, located in the Santos Basin.

• Net Cash Inflow of R$2.4 Billion

  Petrobras received approximately R$3 billion from partners Shell and Petrogal, and paid R$600 million to the Federal Government, resulting in a net inflow of R$2.4 billion.

• Increased Participation in Tupi Reservoir

  Petrobras's participation share in the Tupi Shared Reservoir increased from 67.216% to 67.457% as of December 1, 2025.

• Follows Prior Announcement

  This settlement follows up on an announcement made on December 1, 2025, with the financial amounts recognized in the 4Q25 financial statements.

auto_awesomeAnalysis

This filing confirms the completion of financial settlements for the Tupi Shared Reservoir redetermination, resulting in a net cash inflow of R$2.4 billion for Petrobras. The company also increased its participation share in this significant pre-salt asset. This positive financial event strengthens Petrobras's balance sheet and its operational stake in a key producing field, following up on a prior announcement from December 2025.