The Uruguay defender had faced speculation about his future at the club due to a reported unsettled summer.
However, Araujo has now clarified his position, stating that he is committed to staying at Barcelona and is eager to make his mark on the team.
"I'm very happy at Barcelona," Araujo said, expressing his enthusiasm for the club.
"This year, I'm motivated and confident. I feel I've regained my mental strength after a setback last season due to injury," he added.
