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Petrobras (PBR) secures 42.5% of offshore Namibia Block 2613 with TotalEnergies

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Rhea-AI Filing Summary

Petróleo Brasileiro S.A. – Petrobras reports that it has agreed to acquire a 42.5% stake in offshore exploration Block 2613 in the Lüderitz Basin in the Republic of Namibia. TotalEnergies is also acquiring 42.5% and will operate the block.

After completion, the consortium will comprise Petrobras with 42.5%, TotalEnergies with 42.5%, Eight Offshore Investment Holdings with 5%, and Namcor Exploration and Production (PTY) Ltd, a Namibian state-owned company, with 10%. The block covers about 11,000 km².

Petrobras states that this deal marks its return to Namibia and aligns with its 2026–2030 Business Plan by diversifying its portfolio and seeking new oil and gas reserve frontiers through exploration and strategic partnerships. Closing remains subject to conditions precedent, including governmental and regulatory approvals in Namibia.

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Insights

Petrobras expands exploration footprint with a new Namibian offshore stake.

Petrobras is taking a 42.5% non-operating stake in Block 2613 offshore Namibia, alongside operator TotalEnergies with another 42.5%. The remaining interests go to Eight Offshore Investment Holdings and Namcor Exploration and Production (PTY) Ltd, a Namibian state entity.

The block spans about 11,000 km² in the Lüderitz Basin, framed as a “new frontier” for oil and gas reserves. Management links the move to the 2026–2030 Business Plan, emphasizing portfolio diversification and the replenishment of reserves through exploration and strategic partnerships, rather than short-term production gains.

The transaction has not yet closed and is subject to conditions precedent, including approvals from the Namibian Ministry of Industry, Mines, and Energy and other regulators. Actual operational activity and any reserves or production impact will depend on future exploration results and subsequent disclosures.

 

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 February, 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 acquires stake in exploration block in the Republic of Namibia.

Rio de Janeiro, February 6, 2026 –Petróleo Brasileiro S.A. – Petrobras announces that it has acquired a 42.5% stake in Block 2613, located offshore in the Republic of Namibia, Africa. The transaction was carried out in partnership with TotalEnergies, which also acquired 42.5% and will act as the operator of the block.

 

The selling companies are Eight Offshore Investment Holdings (“Eight”) and Maravilla Oil & Gas. After the completion of the transaction, Eight will retain 5% of the block, while Maravilla will end its participation in the asset. Thus, the consortium for Block 2613 will be composed of Petrobras (42.5%), TotalEnergies (42.5%), Eight (5%), and Namcor Exploration and Production (PTY) Ltd – a state-owned company held by the Government of Namibia (10%).

 

The Block is located in the Lüderitz Basin and covers an area of around 11,000 km² offshore Namibia.

 

This acquisition marks Petrobras’ return to Namibia and is aligned with the company’s long-term strategy, focused on portfolio diversification and the replenishment of oil and gas reserves through exploration of new frontiers and the strengthening of strategic partnerships.

 

The transaction followed all the company’s corporate governance procedures and is in accordance with the 2026-2030 Business Plan.

 

The completion of the transaction is subject to the fulfillment of conditions precedent, including applicable governmental and regulatory approvals, notably from the Namibian Ministry of Industry, Mines, and Energy.

 

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: February 6, 2026

 

PETRÓLEO BRASILEIRO S.A–PETROBRAS

By: /s/ Fernando Sabbi Melgarejo

______________________________

Fernando Sabbi Melgarejo

Chief Financial Officer and Investor Relations Officer

 

 

FAQ

What stake did Petrobras (PBR) acquire in Namibia’s Block 2613?

Petrobras agreed to acquire a 42.5% stake in offshore Block 2613 in Namibia. The block lies in the Lüderitz Basin and covers about 11,000 km², expanding Petrobras’ exploration portfolio in a new frontier region alongside international and state partners.

Who are Petrobras’ partners in Namibia’s Block 2613 consortium?

The consortium for Block 2613 will include Petrobras with 42.5%, TotalEnergies with 42.5% as operator, Eight Offshore Investment Holdings with 5%, and Namcor Exploration and Production (PTY) Ltd, a Namibian state-owned company, holding the remaining 10% interest in the asset.

How does the Namibia Block 2613 deal fit Petrobras (PBR) strategy?

Petrobras says the Block 2613 acquisition aligns with its 2026–2030 Business Plan. It supports long-term portfolio diversification and oil and gas reserve replenishment through exploring new frontiers and strengthening strategic partnerships, marking the company’s return to Namibia’s offshore sector.

Is Petrobras’ acquisition of Block 2613 in Namibia already completed?

The transaction is not yet completed; it remains subject to conditions precedent. These include governmental and regulatory approvals, especially from the Namibian Ministry of Industry, Mines, and Energy, before Petrobras and its partners can fully finalize and implement the agreed interest changes.

Which companies sold their interests in Namibia’s Block 2613 to Petrobras and TotalEnergies?

The interests in Block 2613 were sold by Eight Offshore Investment Holdings and Maravilla Oil & Gas. After closing, Eight will retain a 5% stake while Maravilla will exit the asset, with Petrobras and TotalEnergies each holding 42.5% in the consortium.

What does Block 2613 in Namibia offer Petrobras (PBR)?

Block 2613 offers Petrobras exposure to a large offshore exploration area of around 11,000 km² in the Lüderitz Basin. The company views it as a new exploration frontier that can help diversify its portfolio and potentially replenish future oil and gas reserves through successful drilling campaigns.
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