Petrobras signs oil-field agreements for US$859 million, stock pre-market at EUR 22.65
Published on 10/14/2026 at 08:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAgreements and settlement timing
- On October 13, 2026, Petrobras reported agreements covering the Berbigão and Sururu reservoirs.
- Petrobras stock was at EUR 22.65 at 8:12 a.m. CEST on October 14, 2026, according to Lang & Schwarz.
- The company said settlement of the approximately US$859 million payment is due by November 2026.
Petrobras reported on October 13, 2026, that it had signed balancing agreements with Shell, TotalEnergies and Petrogal for shared reservoirs and assets in Brazil’s Santos Basin. The company said the agreements cover Berbigão, Sururu and related assets.
Petrobras stock before the Xetra open
Petrobras stock was at EUR 22.65 at Lang & Schwarz at 8:12 a.m. CEST on October 14, 2026. The further course from the Xetra open at 9:00 a.m. CEST is shown by the continuously updated real-time quote of Petrobras stock.
Balancing agreements in the Santos Basin
According to the company’s October 13 filing, Petrobras will receive approximately US$859 million net from the consortium partners, with settlement scheduled by November 2026. The filing states that Petrobras operates the BM-S-11A concession with a 42.5 percent interest and holds 100 percent under the Transfer of Rights agreement. The agreement tables list Petrobras’s interests at 45.394 percent in Sururu and 62.913 percent in Berbigão. StockTitan’s reproduction of the SEC filing identifies Petróleo Brasileiro S.A. – Petrobras as the registrant.
Market context: Market report Bovespa.
