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Petrobras advances upstream sales
Oil & Gas Latin AmericaPetrobras has closed its divestment from its Polo Recôncavo upstream assets whilst a separate sale has advanced to the binding stage
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Bahrain’s nogaholding closes Murabaha refi
Oil & Gas MENABahrain’s nogaholding has closed the refinancing of a $1.6 billion Murabaha facility, upscaled as a dual-tranche sustainability-linked loan based on SOFR
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Morrison & Co appoints 14 inaugural partners
Oil & Gas Asia PacificNew Zealand-based infrastructure investor Morrison & Co has introduced a partnership model making up 14 members of staff to partner level as a part of the firm’s new operating model
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Venture Global signs LNG deal with ExxonMobil
Oil & Gas North AmericaVenture Global LNG has signed 2x 20-year sale and purchase agreements with ExxonMobil LNG Asia Pacific for 2 million tonnes per annum of LNG
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Southwest Gas announces leadership changes
Oil & Gas North AmericaSouthwest Gas has appointed Karen Haller as president and CEO of the company, replacing John Hester, who has stepped down effective immediately
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Sval Energi to acquire Norwegian O&G interests
Oil & Gas EuropeSval Energi is to buy Equinor’s O&G interests in the Greater Ekofisk Area and Martin Linge, both based off the Norwegian coast
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Engie appoints Irene Sánchez as CCO Spain
Oil & Gas EuropeEngie Solutions Spain has appointed Irene Sánchez as chief commercial officer in Madrid
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Ex-UBS bankers set up Southern Cone advisory
Oil & Gas Latin AmericaA new regional financial advisory boutique has been established – Southern Cone Partners – by 4 former Argentina-based UBS bankers
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IFC appoints CM for Afghanistan and Pakistan
Oil & Gas Asia PacificThe IFC has appointed Zeeshan Sheikh as its new country manager for Afghanistan and Pakistan
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EXCLUSIVE Investment arm considers next steps
Oil & Gas EuropeThe affiliate investment arm of a major transportation company is in discussions over its next move following high deployment of its maiden growth markets fund
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CredAg promotes head of structured finance
Oil & Gas North AmericaFrench bank Credit Agricole has promoted one of its managing directors to the position of head of structured finance advisory in the Americas.
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Rangeland Energy secures $300m equity commitment
Oil & Gas North AmericaRangeland Energy has secured a $300 million growth equity commitment from EnCap Flatrock Midstream to form a new entity, Rangeland Energy IV
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Oil and gas lawyers rejoin NRF
Oil & Gas North AmericaCraig Vogelsang and Alex Niebruegge have rejoined Norton Rose Fulbright as partner and senior counsel respectively, based in Houston
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EXCLUSIVE Atlantic-focused fund launch imminent
Oil & Gas EuropeFundraising for the fourth vintage of an Atlantic-focused, multi-billion dollar infrastructure fund is due to kick off in the next few weeks
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Nancarrow announces Macquarie departure
Oil & Gas EuropeMacquarie Group managing director Adam Nancarrow has today announced his departure after over 14 years at the company
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United O&G announces new CFO
Oil & Gas EuropeUK-based United Oil & Gas has appointed Peter Dunne as its new CFO with immediate effect
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PetroRecôncavo, Eneva poised to take Petrobras field
Oil & Gas Latin AmericaPetroRecôncavo and Eneva are on course to acquire Petrobras’ Polo Bahia Terra upstream assets after submitting the highest binding offer
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ExxonMobil cancels $10b Thailand petchem expansion
Oil & Gas Asia PacificUS-based oil & gas company ExxonMobil has backed out of its proposed $9.6 billion expansion of its existing refinery in eastern Thailand with an ethylene cracker
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SocGen appoints 3 in Apac
Oil & Gas Asia PacificSociete Generale has appointed 3 within the natural resources and infrastructure division in Asia Pacific, the bank announced today