Petrobras Receiving R$1.3bn Earnout from Sépia

(Petrobras, 27.Jan.2023) — Petrobras received today, up front, the amount of R$1.3bn, regarding the complement of the firm compensation (earnout) for fiscal year 2022, related to the Sépia block. The amount already includes the amount of the gross-up of taxes related to TotalEnergies‘ 28%, Petronas’ 21% and QP Brasil Ltda’s […]

Petrobras on Receiving Sépia Compensation

(Petrobras, 27.Apr.2022) — Petrobras received, at sight, the amount of R$14.55bn from TotalEnergies EP Brasil Ltda., Petronas Petróleo Brasil Ltda. and QP Brasil Ltda., related to the 70% stake of these companies in the Sépia compensation, block acquired by the consortium composed by Petrobras (30%), TotalEnergies (28%), Petronas (21%) and […]