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Petrobras takes 90% of 8 Côte d’Ivoire blocks

Petrobras secures 90% operating stakes in eight offshore exploration blocks in Côte d’Ivoire, expanding its African equatorial margin portfolio.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

PETROBRAS - PETROLEO BRASILEIRO SA (PBR) announced that its wholly owned subsidiary Petrobras Netherlands B.V. signed Production Sharing Contracts for eight offshore exploration blocks in the Republic of Côte d’Ivoire with the Republic of Côte d’Ivoire and PETROCI Holding. The contracts cover blocks CI-513, CI-600, CI-601, CI-602, CI-603, CI-605, CI-701 and CI-702. Petrobras, through Petrobras Netherlands B.V., will hold a 90% interest as operator, while PETROCI Holding will hold the remaining 10%. The company states that these blocks are high-potential exploration areas along the African equatorial margin and that the move aligns with its Business Plan strategy to replenish oil and gas reserves, explore new frontiers in Brazil and abroad, diversify its exploration portfolio, and support long-term business sustainability.

Positive

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Number of offshore blocks under PSCs 8 blocks Offshore blocks CI-513, CI-600, CI-601, CI-602, CI-603, CI-605, CI-701 and CI-702 in Côte d’Ivoire
Petrobras operating interest in Côte d’Ivoire blocks 90% Interest held through Petrobras Netherlands B.V. as operator in the eight offshore blocks
PETROCI Holding interest in Côte d’Ivoire blocks 10% Minority interest in the eight offshore exploration blocks under the PSCs
Announcement date September 17, 2026 Date Petrobras reported signing the Production Sharing Contracts in Côte d’Ivoire
Production Sharing Contracts regulatory
"has signed, with the Republic of Côte d’Ivoire and PETROCI Holding, Production Sharing Contracts"
Production sharing contracts are agreements between a government and an energy company that define how revenue or physical output from an oil or gas project is divided after production costs are recovered. For investors, they matter because the split, cost recovery rules and fiscal terms determine how much of the project's revenue the company keeps versus what goes to the state — like a recipe that dictates how a cake is baked and who gets which slices.
operator financial
"Petrobras, through PNBV, will hold a 90% interest in the blocks as operator"
exploration portfolio financial
"seeks to diversify the company’s exploration portfolio, promoting value creation"
African equatorial margin technical
"high-potential exploration areas along the African equatorial margin"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did PETROBRAS (PBR) announce regarding new assets in Côte d’Ivoire?

PETROBRAS announced that its subsidiary Petrobras Netherlands B.V. signed eight Production Sharing Contracts for offshore exploration blocks in Côte d’Ivoire, expanding its presence in the African equatorial margin and adding high-potential exploration areas to its portfolio.

What ownership interests will PETROBRAS (PBR) hold in the new Côte d’Ivoire blocks?

Through Petrobras Netherlands B.V., PETROBRAS will hold a 90% interest as operator in the eight offshore blocks in Côte d’Ivoire, while PETROCI Holding will hold the remaining 10% interest under the Production Sharing Contracts.

Which specific offshore blocks in Côte d’Ivoire are included in PETROBRAS’s new PSCs?

The Production Sharing Contracts cover blocks CI-513, CI-600, CI-601, CI-602, CI-603, CI-605, CI-701 and CI-702, all offshore areas in the Republic of Côte d’Ivoire where PETROBRAS will act as operator through its subsidiary.

How does this Côte d’Ivoire deal fit PETROBRAS (PBR)’s strategy?

PETROBRAS states the initiative aligns with its Business Plan by replenishing oil and gas reserves through exploration of new frontiers in Brazil and abroad, diversifying its exploration portfolio, promoting value creation, and supporting the long-term sustainability of its business.

Who are PETROBRAS’s partners in the new Côte d’Ivoire offshore blocks?

The contracts were signed with the Republic of Côte d’Ivoire and PETROCI Holding. PETROBRAS, via Petrobras Netherlands B.V., will operate the blocks with a 90% interest, while PETROCI Holding retains a 10% interest.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the

Securities Exchange Act of 1934

 

For the month of September, 2026

 

Commission File Number 1-15106

 

 

PETRÓLEO BRASILEIRO S.A. – PETROBRAS

(Exact name of registrant as specified in its charter)

 

Brazilian Petroleum Corporation – PETROBRAS

(Translation of Registrant's name into English)

 

Avenida Henrique Valadares, 28 – 9th floor 
20231-030 – Rio de Janeiro, RJ
Federative Republic of Brazil

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. 

Form 20-F ___X___ Form 40-F _______

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes _______ No___X____

 

 

 
 

 

Petrobras signs 8 Production Sharing Contracts in Côte d’Ivoire

Rio de Janeiro, September 17, 2026 – Petróleo Brasileiro S.A. – Petrobras, further to the press release issued on June 4, 2025, informs that its wholly-owned subsidiary Petrobras Netherlands B.V. (PNBV) has signed, with the Republic of Côte d’Ivoire and PETROCI Holding, Production Sharing Contracts (PSCs) for eight offshore exploration blocks located in the Republic of Côte d’Ivoire.

The PSCs cover the offshore blocks CI-513, CI-600, CI-601, CI-602, CI-603, CI-605, CI-701 and CI-702. Petrobras, through PNBV, will hold a 90% interest in the blocks as operator, while PETROCI Holding will hold the remaining 10% interest.

The contracts secure Petrobras’ participation in high-potential exploration areas along the African equatorial margin.

This initiative is aligned with Petrobras’ strategy of replenishing its oil and gas reserves through the exploration of new frontiers, both in Brazil and abroad, as set out in its Business Plan. The assessment of new opportunities seeks to diversify the company’s exploration portfolio, promoting value creation and the long-term sustainability of its business.

 

 

www.petrobras.com.br/ir

For more information:

PETRÓLEO BRASILEIRO S.A. – PETROBRAS | Investor Relations

Email: petroinvest@petrobras.com.br/acionistas@petrobras.com.br

Av. Henrique Valadares, 28 – 9th floor – 20231-030 – Rio de Janeiro, RJ.

Tel.: 55 (21) 3224-1510/9947

 

This document may contain forecasts within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Trading Act of 1934, as amended (Trading Act) that reflect the expectations of the Company's officers. The terms: "anticipates", "believes", "expects", "predicts", "intends", "plans", "projects", "aims", "should," and similar terms, aim to identify such forecasts, which evidently involve risks or uncertainties, predicted or not by the Company. Therefore, future results of the Company's operations may differ from current expectations, and the reader should not rely solely on the information included herein.

 
 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: September 17, 2026

 

PETRÓLEO BRASILEIRO S.A–PETROBRAS

By: /s/ Fernando Sabbi Melgarejo

______________________________

Fernando Sabbi Melgarejo

Chief Financial Officer and Investor Relations Officer

 

 

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