Work Area: Oil

PRIO snaps up oil field assets for US$180 million

Cescon, Barrieu, Flesch & Barreto Advogados has 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

Petrobras sells oil assets to Canadian bank

Stocche Forbes has helped a Brazilian subsidiary of Canadian bank Forbes & Manhattan Resources buy oil assets from Petrobras for nearly US$42 million.

23 November 2022

Akin Gump and Mijares pump out two Mexican oil deals

Two offices of Akin Gump Strauss Hauer & Feld LLP and Mijares, Angoitia, Cortés y Fuentes SC in Mexico City have helped Hokchi, the local subsidiary of Pan American Energy, sign two deals related to an offshore Mexican oil field.

18 November 2022

Tauil & Chequer hires former GC as oil and gas counsel

Brazil’s Tauil & Chequer Advogados in association with Mayer Brown has strengthened its oil and gas practice by hiring the former legal head of state-owned business Pré-Sal Petróleo (PPSA) as counsel in Rio de Janeiro.

25 October 2022

Trafigura inks US$150 million Vaca Muerta oil deal with Vista

Martínez de Hoz & Rueda has helped one of the world’s largest commodities traders, Trafigura, enter into a US$150 million investment agreement with Mexico’s Vista for the development of three oil wells in Argentina’s Vaca Muerta shale formation.

24 October 2022

Shell charters Brazilian oil drilling rig from Maersk

Demarest Advogados has helped the oil-drilling subsidiary of Danish shipping group Maersk lease an offshore drilling rig in Brazil’s Campos Basin to Shell for US$37 million.

14 October 2022

Colombian petrol group gets funding to buy oil and gas assets

Colombian petrol company Biomax has hired Lloreda Camacho & Co to acquire local gas business Grupo EDS Autogas and oil logistics group Fueltrans.

13 October 2022

3R Petroleum subsidiary obtains funds for Petrobras acquisition

A subsidiary of 3R Petroleum has hired Milbank in São Paulo and New York, DLA Piper LLP in Luxembourg and two offices of Brazilian firm Mattos Filho to get a US$500 million loan for the acquisition of oil field assets from Petrobras.

17 August 2022

Colombian firms brace for first left-wing government

As the Andean nation inaugurates Gustavo Petro as its first-ever leftist president, Colombian law firms are preparing for radical changes in the energy sector, as well as tax reform and an increased focus on climate change and ESG.

08 August 2022

Shell invests in Brazilian carbon credit trader

Trench Rossi Watanabe has helped the Brazilian subsidiary of energy giant Shell acquire a minority stake in local carbon credits company Carbonext for US$40 million.

21 July 2022

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