Work Area: Oil

Sempra raises US$400 million for its Mexican LNG business

Sullivan & Cromwell LLP in New York and Mijares, Angoitia, Cortés y Fuentes SC in Mexico City have helped a subsidiary of US group Sempra Energy make its first bond issuance worth US$400 million, the proceeds of which will be allocated to the company’s Mexican liquefied natural gas (LNG) business.

31 January 2022

Cobra Group buys Petrobras assets in historic onshore oil deal

Cobra Group, the Spanish affiliate of Brazilian power company Carmo Energy, has hired Campos Mello Advogados in cooperation with DLA Piper to acquire US$1.1 billion worth of onshore oil assets from Petrobras.

27 January 2022

Campos Mello guides Canada-Brazil oil tank monitoring acquisition

Campos Mello Advogados in cooperation with DLA Piper in São Paulo has helped Canadian oil and gas tank monitoring solutions company Otodata acquire the Brazilian business of Israeli counterpart Wireless Applications Corporation.

24 January 2022

Several firms in Brazil’s 2021 oil surplus auctions

Demarest Advogados has helped QP Brasil, a subsidiary of QatarEnergy, win a bid in the country’s most recent auction of transfer-of-rights for the offshore oil field Sépia, which raised some 25 billion reais (US$4.4 billion).

10 January 2022

Pemex issues bonds following US$3.5 billion investment

Cleary Gottlieb Steen & Hamilton LLP in New York has helped Mexican state-owned oil group Pemex make a US$1 billion bond offering and obtain a US$3.5 billion investment from the country’s Ministry of Finance.

07 January 2022

Ecopetrol launches US$2 billion debt tap and shelf offering

Colombia’s largest oil company Ecopetrol has enlisted Shearman & Sterling LLP in New York and local firm Brigard Urrutia to make a US$2 billion debt issuance.

16 November 2021

Tauil & Chequer snatches O&G partner from Vieira Rezende

Tauil & Chequer Advogados in association with Mayer Brown has added strength to its oil and gas practice by recruiting a partner from fellow Brazilian Highly Recommended firm Vieira Rezende Advogados.

15 November 2021

Cuatrecasas helps Repsol increase stake in Peruvian refinery

Cuatrecasas (Peru) has helped Spanish oil company Repsol complete a tender offer to increase its stake in Peruvian oil refinery Refinería La Pampilla in a deal worth 101 million soles (US$26 million).

11 November 2021

Peruvian refinery arbitration award survives “side-switching” challenge

A Miami federal court has confirmed a US$40 million International Chamber of Commerce (ICC) award relating to the upgrade of a Peruvian refinery, rejecting a Spanish contractor’s arguments that the proceedings were tainted because two members of its counsel team joined the opposing side’s law firm while the case was pending.

29 October 2021

Campos Mello hires five from Tauil & Chequer as partner

Brazil’s Campos Mello Advogados in cooperation with DLA Piper has added to its senior rank by hiring four partners and a senior associate from Tauil & Chequer Advogados in association with Mayer Brown, bolstering its energy and environmental law groups.

20 October 2021

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