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Property, plant and equipment (Tables) | 6 Months Ended
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Jun. 30, 2025
Property Plant And Equipment |
Schedule of property, plant and equipment by class of assets |
Schedule of property, plant and equipment by class of assets |  |  |  |  |  |
| Land, buildings and improvement | Equipment and other assets (1) | Assets under construction (2) | Exploration and development costs (3) | Right-of-use assets | Total
Balance at December 31, 2024 | 2,485 | 45,807 | 24,384 | 35,921 | 27,688 | 136,285
Cost | 3,895 | 96,963 | 30,321 | 67,357 | 42,366 | 240,902
Accumulated depreciation and impairment (4) | (1,410) | (51,156) | (5,937) | (31,436) | (14,678) | (104,617)
Additions | − | 21 | 7,472 | 74 | 8,367 | 15,934
Decommissioning costs - Additions to / review of estimates | − | − | − | 6 | − | 6
Capitalized borrowing costs | − | − | 911 | − | − | 911
Write-offs | (1) | (27) | (290) | (4) | (14) | (336)
Transfers (5) | 103 | 2,489 | (3,438) | 1,466 | − | 620
Transfers to assets held for sale | − | (1) | − | − | − | (1)
Depreciation, amortization and depletion | (49) | (2,641) | − | (2,157) | (3,498) | (8,345)
Impairment recognition (note 19) | (3) | (116) | (17) | (10) | (84) | (230)
Impairment reversal (note 19) | − | 4 | − | − | − | 4
Translation adjustment | 339 | 6,168 | 3,507 | 4,766 | 3,999 | 18,779
Balance at June 30, 2025 | 2,874 | 51,704 | 32,529 | 40,062 | 36,458 | 163,627
Cost | 4,503 | 112,058 | 39,137 | 78,019 | 55,814 | 289,531
Accumulated depreciation and impairment (4) | (1,629) | (60,354) | (6,608) | (37,957) | (19,356) | (125,904)
Balance at December 31, 2023 | 2,687 | 58,409 | 21,516 | 40,432 | 30,380 | 153,424
Cost | 4,634 | 118,173 | 31,467 | 74,809 | 44,829 | 273,912
Accumulated depreciation and impairment (4) | (1,947) | (59,764) | (9,951) | (34,377) | (14,449) | (120,488)
Additions | − | 188 | 6,096 | 32 | 3,059 | 9,375
Decommissioning costs - Additions to / review of estimates | − | − | − | 66 | − | 66
Capitalized borrowing costs | − | − | 755 | − | − | 755
Write-offs | (3) | (14) | (128) | (5) | (25) | (175)
Transfers (5) | (40) | 1,668 | (2,459) | 1,054 | (17) | 206
Transfers to assets held for sale | − | (21) | (5) | (109) | − | (135)
Depreciation, amortization and depletion | (38) | (2,554) | − | (1,979) | (3,068) | (7,639)
Impairment reversal (note 19) | 3 | 32 | 2 | − | 13 | 50
Translation adjustment | (339) | (7,463) | (3,155) | (5,099) | (3,920) | (19,976)
Balance at June 30, 2024 | 2,270 | 50,245 | 22,622 | 34,392 | 26,422 | 135,951
Cost | 3,927 | 103,923 | 31,292 | 66,123 | 40,499 | 245,764
Accumulated depreciation and impairment (4) | (1,657) | (53,678) | (8,670) | (31,731) | (14,077) | (109,813)
(1) It is composed of production platforms, refineries, thermoelectric power plants, natural gas processing plants, pipelines, and other operating, storage and production plants, including subsea equipment for the production and flow of oil and gas, depreciated based on the units of production method.
(2) See note 8 for assets under construction by operating segment.
(3) It is composed of exploration and production assets related to wells, abandonment and dismantling of areas, signature bonuses associated with proved reserves and other costs directly associated with the exploration and production of oil and gas, except for assets under "Equipment and other assets".
(4) In the case of land and assets under construction, it refers only to impairment losses.
(5) It mainly includes transfers between classes of assets and transfers from advances to suppliers.
Schedule of useful life of assets |
Schedule of useful life of assets |
Asset | Weighted average useful life in years
Buildings and improvement | 38 (between 25 and 50)
Equipment and other assets | 22 (between 1 to 31) - except assets by the units of production method
Exploration and development costs | Units of production method or 20 years
Right-of-use | 14 (between 2 and 50)
Schedule of accumulated depreciation and impairment |
Schedule of accumulated depreciation and impairment |  |  |  |
| Platforms | Vessels | Properties | Total
Cost | 31,274 | 21,778 | 2,762 | 55,814
Accumulated depreciation and impairment | (6,560) | (11,823) | (973) | (19,356)
Balance at June 30, 2025 | 24,714 | 9,955 | 1,789 | 36,458
Cost | 22,484 | 17,542 | 2,340 | 42,366
Accumulated depreciation and impairment | (4,712) | (9,216) | (750) | (14,678)
Balance at December 31, 2024 | 17,772 | 8,326 | 1,590 | 27,688
Schedule of reimbursements payable relating to the execution |
Schedule of reimbursements payable relating to the execution |  |  |  |  |  |
|  |  |  |  | Jan-Jun/2025 | Jan-Jun/2024
Opening balance |  |  |  |  | 577 | 462
Additions to PP&E, net of write-offs |  |  |  |  | (353) | 118
Payments made |  |  |  |  | − | (1)
Other income and expenses |  |  |  |  | 676 | 25
Translation adjustments |  |  |  |  | 97 | (70)
Closing balance (1) |  |  |  |  | 997 | 534
(1) Notably Berbigão, Sururu, Agulhinha and the pre-salt layer of Jubarte.

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