Petrobras begins negotiations for exploration blocks in Ghana

Petrobras informs that it has submitted an expression of interest in exploration blocks located in offshore areas of the Keta Basin, in Ghana, a country on the west coast of Africa.

The Ministry of Energy and Green Transition of Ghana has approved the application for the negotiation of exploration
contracts in four blocks. With this approval, Petrobras is entering the phase of direct negotiation of the terms of the exploration contracts.

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.