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Disposal of assets and other transactions
 6 Months Ended
Jun. 30, 2024
Disposal Of Assets And Other Transactions  
Disposal of assets and other transactions

 

23.Disposal of assets and other transactions

The major classes of assets and related liabilities classified as held for sale are shown in the following table:

         
        06.30.2024 12.31.2023
   E&P G&LCE Corporate and other businesses Total Total
Assets classified as held for sale          
Investments − 10 − 10 −
Property, plant and equipment 412 − − 412 335
Total 412 10 − 422 335
Liabilities on assets classified as held for sale          
Finance debt − - 78 78 99
Provision for decommissioning costs 707 - − 707 442
Total 707 − 78 785 541

 

 

23.1.Sales pending closing at June 30, 2024

Cherne and Bagre fields

On April 25, 2024, the Company signed an agreement with Perenco Pétroleo e Gás Ltda (“Perenco”) for the sale of its entire interest in the Cherne and Bagre fields, located in shallow waters of the Santos Basin.

The amount to be received is US$ 10, of which US$ 1 was received at the transaction signing and the remainder will be received on the closing date.

23.2.Contingent assets from disposed investments and other transactions

Some disposed assets and other agreements provide for receipts subject to contractual clauses, especially related to the Brent variation in transactions related to E&P assets.

The transactions that may generate revenue recognition, accounted for within other income and expenses, are presented below:

           
Transaction Closing date

Contingent assets at the closing date

 Assets recognized in 2024

Assets

recognized in previous periods

 Balance of contingent assets as of June 30, 2024  
 
 
Sales in previous years            
Riacho da Forquilha cluster December 2019 62 − 58 4  
Pampo and Enchova cluster July 2020 650 21 246 383  
Baúna field November 2020 285 48 196 41  
Miranga cluster December 2021 85 15 70 −  
Cricare cluster December 2021 118 − 76 42  
Peroá cluster August 2022 43 − 10 33  
Papa-Terra field December 2022 90 16 16 58  
Albacora Leste field January 2023 250 167 58 25  
Norte Capixaba cluster April 2023 66 − 22 44  
Golfinho and Camarupim clusters August 2023 60 − 20 40  
Surplus volume of the Transfer of Rights Agreement            
Sepia and Atapu April 2022 5,244 101 948 4,195  
Total   6,953 368 1,720 4,865