Work Area: Oil

Argentina’s CGC raises funds to drill gas wells

Argentine oil and gas company Compañía General de Combustibles (CGC) has turned to Bomchil to issue US$120 million worth of notes in a two-tranche deal.

04 October 2021

Vista and Jaguar swap oil blocks in Mexico

Mexico’s Vista Oil & Gas has turned to Creel, García- Cuéllar, Aiza y Enriquez SC to transfer its shares in two local oil blocks to Jaguar Exploración y Producción, which handed its stake in a third block to Vista.

20 September 2021

US power company hires Tauil & Chequer to buy from Petrobras

Houston-based Ceiba Energy has enlisted Brazil’s Tauil & Chequer Advogados in association with Mayer Brown to acquire assets from Petrobras.

15 September 2021

3R Petroleum buys oil assets from BTG Pactual

Brazilian oil company 3R Petroleum has relied on Campos Mello Advogados in collaboration with DLA Piper LLP to purchase local counterpart Duna Energia for US$72 million.

13 September 2021

Petrobras sells oil refinery for US$189 million

Brazilian state-run oil company Petrobras has enlisted Machado Meyer Advogados to sell a refinery to local counterpart Atem’s Distribuidora de Petróleo for 994 million reais (US$189 million).

10 September 2021

Halliburton brings arbitration claim against Petroecuador

A subsidiary of US oil services giant Halliburton has brought an United Nations Commission on International Trade Law (UNCITRAL) claim against Ecuador’s national oil company.

10 September 2021

Four firms guide Ecopetrol to US$1.2 billion loan in Colombia

Colombian petroleum company Ecopetrol has hired Shearman & Sterling LLP in New York and local firm Brigard Urrutia to obtain a US$1.2 billion credit facility.

06 September 2021

Colombian firm in US oil drilling acquisition

US drilling company Patterson-UTI Energy has hired four Gibson Dunn & Crutcher LLP offices and Dentons Cardenas & Cardenas in Bogotá to acquire US counterpart Pioneer Energy Services, including its operations in Colombia, in a deal worth US$295 million.

10 August 2021

Cosan subsidiary buys gas assets in Petrobras divestment

Machado Meyer Advogados has helped Brazilian state-owned oil company Petrobras divest its remaining stake in gas distribution subsidiary Gaspetro, selling it to the energy business of local conglomerate Cosan for 2 billion reais (US$394 million).

05 August 2021

Several firms in Petrobras-Chevron sale of Papa-Terra oil field

Brazilian law firms Schmidt, Valois, Miranda, Ferreira, Agel Advogados and Campos Mello Advogados have helped Canadian energy company MTI and local counterpart 3R Petroleum, respectively, acquire a deep-water oil field from Petrobras and Chevron.

04 August 2021

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