Work Area: Oil

Mercuria funds Seacrest’s Brazilian oil asset acquisitions

Multinational energy group Mercuria has turned to Herbert Smith Freehills in London, two offices of Brazilian firm Lefosse and Ferrere (Uruguay) to make debt and minority equity investments in Bermudan private equity manager Seacrest.

25 May 2022

PetroRio spends US$2.2 billion on Petrobras assets

Tauil & Chequer Advogados in association with Mayer Brown and TozziniFreire Advogados have helped Brazilian oil and gas company PetroRio acquire offshore assets from state-owned Petrobras for US$2.2 billion.

12 May 2022

Cleary, Shearman and Pinheiro Neto in Petrobras tender offer

Brazilian oil giant Petrobras has hired Cleary Gottlieb Steen & Hamilton LLP in New York to make a US$2 billion cash tender offer targeting 19 series of notes denominated in three currencies.

03 May 2022

Origem Energia gets reserve-based credit to buy Petrobras assets

Stocche Forbes has helped Brazilian company Origem Energia obtain a reserve-based financing worth 690 million reais (US$146 million).

27 April 2022

Mexico's Garza Tello-Clyde & Co helps Modec sign FPSO agreement with Eni

Mexican firm Garza Tello-Clyde & Co has helped international company Modec become the operator of a floating production storage offloading (FPSO) system owned by Italian oil and gas company Eni in the Gulf of Mexico.

07 April 2022

Canadian oil group enters Ecuadorean investment agreement

Ecuador’s ROBALINO has helped Canadian oil and gas group Gran Tierra Energy enter into an investment agreement with the Ecuadorean government to protect the company’s oil blocks in the Andean nation worth US$190 million.

30 March 2022

Petrobras divests onshore oil assets for US$544 million

Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados has helped Bermuda-based investor Seacrest acquire a portfolio of onshore oil assets from Brazil’s Petrobras for US$544 million.

04 March 2022

Supreme Court removes billion-dollar labour fine for Petrobras

Brazil’s Federal Supreme Court has ruled to remove a 47 billion reais (US$8.9 billion) fine imposed on oil giant Petrobras three years ago by the Superior Labour Court, following a complaint by workers over a minimum wage programme.

21 February 2022

Martínez de Hoz steers Pan American US$125 million issuance

Martínez de Hoz & Rueda has advised the placement agents in a US$125 million debt issuance by Argentina’s Pan American Energy.

16 February 2022

3R Petroleum spends US$1.4 billion on Petrobras assets

3R Petroleum has turned to Demarest Advogados to acquire oil and gas assets in the northern Potiguar basin from Petrobras for nearly US$1.4 billion.

07 February 2022

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