Petrobras signs Berbigão-Sururu balancing agreements, expects $859 million payment by November
PBR•Petrobras signed cost and volume balancing agreements with Shell, TotalEnergies and Petrogal for the Berbigão and Sururu shared reservoirs. The agreements trigger a net payment of about $859 million to Petrobras, due by November 2026.
1. Payment due by November
Petrobras signed cost and volume balancing agreements with Shell, TotalEnergies and Petrogal for the Berbigão and Sururu shared reservoirs. The agreements follow production individualization terms approved by ANP and reset proportional interests across the shared assets in the Santos Basin; Petrobras expects to receive a net payment of about $859 million by November 2026.
