v3.26.1
Provisions (Tables)
12 Months Ended
Dec. 31, 2025
TextBlock [Abstract]  
Summary of classification of provisions
    
As of December 31,

2025
    
As of December 31,

2024
 
Noncurrent
     
Well plugging and abandonment
     51,279        31,026  
Environmental remediation
     234        2,032  
  
 
 
    
 
 
 
Total noncurrent provisions
  
 
51,513
 
  
 
33,058
 
  
 
 
    
 
 
 
Current
     
Contingencies
     5,244        14  
Well plugging and abandonment
     3,178        1,412  
Environmental remediation
     2,378        2,484  
  
 
 
    
 
 
 
Total current provisions
  
 
10,800
 
  
 
3,910
 
  
 
 
    
 
 
 
Summary of movements in provision
Below are the changes in the provision for well plugging and abandonment for the year:
 
    
As of December 31,

2025
    
As of December 31,

2024
 
Amounts at beginning of year
  
 
32,438
 
  
 
15,287
 
Discount for well plugging and abandonment (Note 10.3)
     2,434        1,312  
Increase in the change in capitalized estimates (Note 12)
     5,397        23,325  
Incorporation through business combination (Note 1.2.2 and 32)
     12,013        —   
Increase (decrease) in the change in estimates of conventional assets
(1)
     2,340        (7,486 ) 
Settlements
     (165 )       —   
  
 
 
    
 
 
 
Amounts at end of year
  
 
54,457
 
  
 
32,438
 
  
 
 
    
 
 
 
 
(1)
 
See Note 3.2.8.
Below are the changes in the provision for environmental remediation for the year:
 
    
As of December 31,

2025
    
As of December 31,

2024
 
Amounts at beginning of year
  
 
4,516
 
  
 
1,084
 
Increases (Note 9.2)
     201        359  
(Decrease) increase in the change in estimates of conventional assets
(1)
     (611 )       3,442  
Foreign exchange differences
     (1,494 )       (369 ) 
  
 
 
    
 
 
 
Amounts at end of year
  
 
2,612
 
  
 
4,516
 
  
 
 
    
 
 
 
Below are the changes in the provision for contingencies for the year:
 
    
As of December 31,

2025
    
As of December 31,

2024
 
Amounts at beginning of year
  
 
14
 
  
 
101
 
Incorporation through business combination (Note 1.2.2 and 32)
     12,051     
 
— 
 
Increases (Note 9.2)
     735        688  
Amounts incurred for payments/settlements
(1)
     (3,512 )       (751 ) 
Foreign exchange differences
     (4,044 )       (24 ) 
  
 
 
    
 
 
 
Amounts at end of year
  
 
5,244
 
  
 
14
 
  
 
 
    
 
 
 
 
(1)
For the years ended December 31, 2025 and 2024, includes 1,600 and 751 of payments, respectively.