Acquisitions and Divestitures News in Brazil

Petrobras announces teaser for transfer of minority stake in the Tartaruga Field
11/27/2024 - Petrobras informs that it has started the teaser stage for the transfer of its 25% minority stake in the Tartaruga Field, located in the town of Pirambu-SE, in shallow waters of the Sergipe-Alagoas Ba...
Brazilian Gas Production Acquisition - Option Agreement
11/18/2024 - Corcel Plc, the pan Angola-Brazil focused energy company, is pleased to announce that its wholly-owned subsidiary, CRCL Brazil Ltd, has entered into a binding option agreement (the "Option") with Petr...
SBM Offshore Divests Minority Interest in FPSO Sepetiba
10/24/2024 - SBM Offshore announces it has completed the divestment of a 13.5% ownership interest in the special purpose companies related to the lease and operation of the FPSO Sepetiba to China Merchants Financi...
Yinson Production Completes Sale of Minority Stake in FPSO Anna Nery to K Line
10/22/2024 - Yinson Production has successfully completed the sale of an 11.8% stake in Yinson Boronia Consortium Pte. Ltd., which fully owns (indirectly) FPSO Anna Nery, to Kawasaki Kisen Kaisha, Ltd. ("K" Line) ...
CNOOC Limited Subsidiary Signed 4 Concession Contracts for Exploration Blocks Offshore Brazil
10/16/2024 - CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) wholly owned subsidiary, CNOOC Petroleum Brasil Ltda, has entered into 4 Concession Contracts for explorat...
Petrobras Signs Three Concession Contracts in the Pelotas Basin
10/14/2024 - Petrobras, in continuation of the announcements to the market of 12/23/2023 and 08/30/2024, informs that it has signed the three remaining concession contracts of the 4th Bidding Cycle of the Permanen...
Petrobras Obtains Authorization to Sell Bunker with Renewable Content
7/11/2024 - Petrobras obtained authorization from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) to commercialize marine fuel with renewable content. The company is the first in the country to r...
Corcel PLC Announces Brazil Collaboration Agreement
7/10/2024 - Corcel Plc, the pan Angola-Brazil focused exploration and production company, is pleased to announce that it has signed a Collaboration Agreement (the "Agreement") with Conterp Serviços Técnicos Ltda ...
Homerun Resources Inc. Signs Exclusivity Agreement for the Acquisition of Silica Mineral Rights
6/13/2024 - Homerun Resources Inc. ("Homerun" or the "Company") is pleased to announce that the Company has signed an exclusivity agreement dated June 10th, 2024, for the acquisition of silica sand mineral rights...
Petrobras informs about assignment of minority stake in Brentech Energia S.A.
5/29/2024 - Petrobras informs that it signed a contract for the assignment of its entire 30% (thirty percent) stake in Brentech Energia S.A. (Brentech) to Enegen Participações Ltda (Enegen), Petrobras' partner in...
AES Agrees to Sell its Equity Interest in AES Brasil for Approximately $640 Million
5/15/2024 - The AES Corporation announced that it has agreed to sell its 47.3% equity interest in AES Brasil to Auren Energia for approximately $640 million in proceeds to AES. This sale will be completed in con...
Alvopetro Announces Results of Emergency Arbitration
5/13/2024 - Alvopetro Energy Ltd. announces that the emergency arbitrator has found in favour of Alvopetro's request to give effectiveness to the decision of the independent expert (the "Expert") appointed by Alv...
BW Offshore: Closing of the sale of the FPSO Polvo to BW Energy
5/3/2024 - Reference is made to the announcement on 22 April 2022, whereby BW Offshore Limited (“BW Offshore”) announced the agreement to divest the FPSO Polvo to BW Energy Limited for USD 50 million. BW Energy ...
Perenco Acquired Cherne & Bagre Concessions in Brazil
4/26/2024 - Perenco Brazil is pleased to announce the acquisition of the Cherne and Bagre concessions from Petróleo Brasileiro S.A. (Petrobras).

The deal comprises the Cherne and Bagre fields a...
Petrobras informs about mothballed fields in the Campos Basin
4/17/2024 - Petrobras informs that its Executive Board, at a meeting held today, approved the sale of its entire stake in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Perenco Pet...
Soltec Sells a 400 MWac Project in Brazil to Casa dos Ventos
4/11/2024 - - The purchasing entity is Casa dos Ventos, one of the main renewable energy entities in the country
- Soltec’s Energy division has 13 GW of projects in development, 6.4 GW of which are in Braz...
Westlawn & WAO Announce Agreement to Acquire Working Interest in BS-4 Concession
3/22/2024 - Westlawn Group LLC ("Westlawn") and Westlawn Americas Offshore LLC ("WAO"), a portfolio company of Westlawn, are pleased to announce the signing of a definitive Purchase and Sale Agreement to acquire ...
NFE to Host Investor Call to Discuss its Transformative Transactions in Puerto Rico and Brazil
3/22/2024 - New Fortress Energy Inc. (the “Company”) announced that management will host a conference call on Monday, March 25, 2024, at 11:00 am Eastern Time to discuss the Company's transformative transactions ...
Partnership in Atlanta and Oliva Fields
3/21/2024 - Enauta Participações S.A. (“Enauta”) announces the signing of a Purchase and Sale Agreement for affiliates of Westlawn Americas Offshore LLC (“WAO”) to acquire a 20% participating interest in the BS-...
NFE Completes Acquisition and Transfer of 1.6 GW, 15-year Contracted Power Asset in Brazil
3/20/2024 - New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) has completed the previously announced acquisition and transfer of a 1.6 GW Capacity Reserve Contract (“PortoCem PPA” or “PPA”) from Ceiba Energy...

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