Work Area: Gas

Petrobras sells remaining stake in BR Distribuidora

Linklaters in New York and São Paulo and Brazil's Lefosse Advogados have helped local fuel retailer BR Distribuidora in a secondary equity offering worth 11.4 billion reais (US$2.3 billion).

13 July 2021

CGC buys Sinopec’s oil assets in Argentina

Argentine oil and gas company Compañía General de Combustibles (CGC) has relied on HFW in London and Hong Kong and Marval O'Farrell Mairal in Buenos Aires to acquire Chinese counterpart Sinopec’s local operations.

09 July 2021

Mexico fines Praxair for breaching competition commitments

Mexico’s antitrust authority has fined a subsidiary of local industrial gas provider Praxair US$12 million for repeatedly failing to comply with commitments to restore competition in the markets for the bulk distribution of oxygen, nitrogen and liquid argon.

15 June 2021

Ecuador fails to annul bulk of Perenco arbitration award

An International Centre for Settlement of Investment Disputes (ICSID) committee has largely upheld Bahamian oil company Perenco’s US$449 million award against Ecuador – reducing the damages by US$36 million after annulling certain findings on quantum.

09 June 2021

Several firms steer US$423 million gas provider purchase in Chile

White & Case LLP in Houston, Miami and New York has helped US energy investor Arroyo buy Santiago-based Gasmar from Chilean gas companies Abastible and Empresa Gasco for US$423 million.

07 June 2021

Pinheiro Neto steers Petrobras’ final divestment of local gas pipeline

Pinheiro Neto Advogados has helped an investment fund, controlled by Canadian investor Brookfield and Brazilian finance group Itaúsa, pay 1.8 billion reais (US$340 million) for Petrobras’ remaining stake in local gas pipeline operator Nova Transportadora do Sudeste.

24 May 2021

Petroperú seals natural gas supply deal for Talara refinery

Rodrigo, Elías & Medrano Abogados has helped Gases del Norte de Perú (Gasnorp) sign a distribution agreement with Petroperú to deliver natural gas to the state-owned gas company’s Talara oil refinery.

21 May 2021

Four firms steer PetroRecôncavo IPO

Skadden, Arps, Slate, Meagher & Flom LLP in New York and São Paulo and BMA – Barbosa, Müssnich, Aragão in São Paulo have helped Brazilian oil and gas company PetroRecôncavo raise 1 billion reais (US$221 million) in an initial public offering on the B3 stock exchange.

14 May 2021

KKR snaps up Mexican assets in US$3.4 billion Sempra deal

Five Simpson, Thacher & Bartlett LLP offices and Creel, García-Cuéllar, Aiza y Enriquez SC in Mexico City have helped private equity group KKR buy a minority stake in US energy company Sempra’s newly launched infrastructure business for US$3.4 billion, giving it a share in Mexican energy business IEnova.

12 April 2021

Several firms help SNC-Lavalin divest in the Andean region

Five White & Case LLP offices have helped Dubai-based infrastructure group Kentech acquire the Colombian and Peruvian oil and gas operations of Canadian engineering group SNC-Lavalin.

29 March 2021

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