U.S. COMPANY FILING
PETROBRAS - PETROLEO BRASILEIRO SA — Form 6-K filed 2025-12-01
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On December 1, 2025, Petrobras announced that Brazil's ANP approved the addendum to the Production Individualization Agreement (AIP) of the Tupi Shared Reservoir, effective immediately. Following the first redetermination, Petrobras' participation increased from 67.216% to 67.457%, with corresponding decreases for Shell, Petrogal, and PPSA. Financial compensation will be made among parties; Petrobras' receivable will be recognized in 4Q25 financials, with cash inflows expected in 1Q26.
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