Petrobras informs about termination of divestment contract for Uruguá and Tambaú fields

Petróleo Brasileiro S.A. – Petrobras, following up on the communications of September 8, 2021, October 27, 2021, March 29, 2023 and December 21, 2023, and as a result of the failure to complete the acquisition of FPSO Cidade de Santos by Enauta Energia S.A. (according to the decision communicated by that company on July 1, 2024), informs that it notified Brava Energia S. A. (controlling shareholder of Enauta Energia S.A.) on December 21, 2024 of its decision to terminate the contract for the assignment of its entire stake in the Uruguá and Tamba fields.

The closing of the transaction was conditional, among other factors, on the conclusion of the acquisition by Enauta Energia S.A. of the FPSO Cidade de Santos, owned and operated by MODEC, which did not materialize. As provided for in the contract, the amount paid as a deposit on December 21, 2023 will be retained by Petrobras.

Petrobras retains a 100% stake in the Uruguá and Tambaú fields and will evaluate the appropriate alternatives for managing the asset.

Material facts will be disclosed by the company in due course.