Work Area: Oil

Mattos Filho and Stocche Forbes power Enauta debenture issuance

Mattos Filho has helped Brazilian oil and gas company Enauta issue debentures worth 1.4 billion reais (US$271 million).

26 January 2023

YPF raises US$296 million in new debt

Argentine state-owned oil group YPF has hired Bruchou & Funes de Rioja to raise US$296 million through a two-tranche bond issuance.

18 January 2023

Consortium snaps up more Brazilian oil assets

Tauil & Chequer Advogados in association with Mayer Brown and Demarest Advogados have helped a consortium of oil companies win a US$400 million stake in Agua Marinha, one of Brazil’s key oil fields.

18 January 2023

Brazilian and US firms advise as Ocyan begins restructuring

Offshore oil drilling group Ocyan, formerly known as Odebrecht Óleo e Gás (OOG), has opened Brazilian extrajudicial reorganisation proceedings to deal with a US$2.7 billion debt pile through a debt-for-equity swap.

17 January 2023

Cobra Group finalises Petrobras assets buy with Shell prepayments

Brazil’s Campos Mello Advogados in cooperation with DLA Piper and Ferrere (Uruguay) have helped Cobra Group – the Spanish affiliate of Brazilian power company Carmo Energy – complete its US$1.1 billion acquisition of onshore oil assets from Petrobras.

11 January 2023

PetroRecôncavo snaps up oil assets from Swedish operator

Tauil & Chequer Advogados in association with Mayer Brown has helped Brazilian oil and gas business PetroRecôncavo acquire the local subsidiary of Swedish counterpart Maha Energy for US$174 million.

10 January 2023

Petrobras divests refinery to Brazil’s Atem

A subsidiary of Brazilian oil and gas group Atem has enlisted Mattos Filho to acquire a refinery from state-owned counterpart Petrobras for US$257 million.

22 December 2022

Constellation finalises second restructuring

Global oil group Constellation has completed the last step of its global reorganisation after its Caribbean subsidiary secured US recognition of a British Virgin Islands provisional liquidation for the second time in two years.

19 December 2022

Canadian energy company to bring arbitration against Ecuador

A Canadian energy company says it will bring a United Nations Commission on International Trade Law (UNCITRAL) claim against Ecuador over the state’s alleged refusal to renew concessions for a pair of oil blocks.

13 December 2022

PRIO snaps up oil field assets for US$180 million

Three European offices of DLA Piper LLP and Cescon, Barrieu, Flesch & Barreto Advogados in Rio de Janeiro and São Paulo have helped Brazilian oil company PRIO, formerly known as PetroRio, acquire an additional stake in local counterpart Dommo Energia for 943 million reais (US$180 million).

06 December 2022

Unlock unlimited access to all Latin Lawyer content