en.Wedoany.com Reported - On June 10, 2026, Petróleo Brasileiro S.A. – Petrobras announced an agreement with Equinor Brasil Energia Ltda. to acquire a 50% stake in the offshore Itaimbezinho block in the Campos Basin.

The Itaimbezinho block is currently 100% held by Equinor. Upon completion of the transaction, the consortium will consist of Equinor (operator, with a 50% stake), Petrobras (with a 50% stake), and Pré-Sal Petróleo S.A. (PPSA, as the manager of the production sharing contract).

This transaction reinforces the importance and relevance of exploration activities in Brazil, aligning with the company's long-term strategy to replenish oil and natural gas reserves through exploration in new frontiers and collaborative operations. The partnership will maximize synergies in the Campos Basin, where Petrobras already collaborates with Equinor on adjacent assets, such as the Raia project and the Jaspe exploration license.

The acquisition of the block has complied with all internal corporate governance procedures and is consistent with its 2026–2030 business plan. The equity transfer process will be submitted for approval to the Administrative Council for Economic Defense (CADE) and the National Agency of Petroleum, Natural Gas and Biofuels (ANP), with the transaction's completion subject to applicable governmental and regulatory approvals and other conditions precedent.

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