Oil

The Carlyle Group has agreed to acquire Occidental’s onshore assets in Colombia for USD825m. The transaction is expected to close in Q4 2020. (Press Release) Occidental (NYSE: OXY) today announced…

Mubadala Investment Company and Magni Partners received approval from CADE to acquire four drilling rigs from Sete Brasil. (Valor Econômico) A aquisição pelas companhias Mubadala Investment Company (MIC), braço do…

Alternative investment management firm Starboard Restructuring Partners is in talks to purchase ten onshore oil fields in Brazil’s northeast region from Petrobras. (Valor Econômico) A Petrobras está fechando um acordo…

SGR Energy announced that it will acquire Swiss Terminal Baranquilla in Colombia from Ashmore Colombia’s Fondo De Infraestructura Colombia Ashmore I – FCP.

Vista Oil & Gas, an oil & gas Mexican company backed by private equity firm Riverstone Holdings, has acquired a fully operational oil & gas platform from Pampa Energía S.A.…

IFC and IFC AMC’s China-Mexico Fund made a US$61.8m investment in Citla energy, a Mexican oil exploration business and portfolio company controlled by ACON investments. (LexLatin) La Corporación Financiera Internacional…

Energy-focused private equity firm Riverstone Holdings is in talks with oil executive Miguel Galuccio to launch a global business to co-invest in Mexico’s energy sector. (El Financiero) Riverstone Holdings, la…

(PR Newswire) Mexico’s Avant Energy announced that Riverstone Holdings, an energy and power-focused private investment firm, has agreed to invest US$150m in the company, which could reach up to US$300m…

Petroleos Mexicanos and private-equity firm First Reserve Corp. are finalizing terms on a sale and leaseback agreement intended to provide the beleaguered state-owned oil producer with much needed capital. Pemex…

(Reuters) KKR and Mexico’s Pemex are reportedly working on a US$1.2b sale and leaseback agreement. Pemex would sell some of its infrastructure assets to the fund, but will continue to…