Petrobras announced on December 23, 2024, the termination of its contract with Brava Energia S.A. for the divestment of its entire stake in the Uruguá and Tambaú fields. The decision follows Enauta Energia S.A.'s failure to complete the acquisition of FPSO Cidade de Santos from MODEC, which was a key condition for closing the transaction.The company will retain the deposit amount paid by Brava Energia on December 21, 2023, as stipulated in the contract terms. Petrobras maintains its 100% ownership stake in both fields and will evaluate alternative management strategies for these assets.The termination marks the end of a divestment process that began in September 2021 and underwent several developments through 2023. The company has committed to disclosing any material developments regarding these assets in due course.

Petrobras announced on December 23, 2024, the termination of its contract with Brava Energia S.A. for the divestment of its entire stake in the Uruguá and Tambaú fields. The decision follows Enauta Energia S.A.'s failure to complete the acquisition of FPSO Cidade de Santos from MODEC, which was a key condition for closing the transaction.The company will retain the deposit amount paid by Brava Energia on December 21, 2023, as stipulated in the contract terms. Petrobras maintains its 100% ownership stake in both fields and will evaluate alternative management strategies for these assets.The termination marks the end of a divestment process that began in September 2021 and underwent several developments through 2023. The company has committed to disclosing any material developments regarding these assets in due course.