Brookfield reportedly bids US$5bn for Petrobras pipeline unit
Brookfield Asset Management has offered 18bn reais (US$5.2bn) to buy a gas pipeline unit of Brazilian state-run oil company Petrobras, according to widespread media reports.
The bid for Nova Transportadora do Sudeste (NTS) is said to have trumped proposals from Spain's Gas Natural Fenosa, France's Engie and Japan's Mitsui.
Under the terms of the proposed deal, Brookfield would reportedly assume the NTS gas pipeline network in Brazil's southeast region without debt liabilities.
Petrobras plans to sell up to US$14bn of assets this year to reduce debt and help finance new deepwater projects.
Brookfield's renewable energy unit is also seeking acquisitions in Brazil's hydroelectric segment, the company said last week.
Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.
News in: Oil & Gas (Brazil)
Brazil's declarations of commerciality for new O&G fields fall to 20-year low
BNamericas talks to experts at Wood Mackenzie and Rystad Energy about the local E&P outlook.
'We live the paradox of having a free market with low prices, but a high bill for consumers'
BNamericas talked to the president and two managers of Brazil’s association of large energy consumers.
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Oil & Gas (Brazil)
Get critical information about thousands of Oil & Gas projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Block SEAL-T-216
- Current stage:
- Updated:
2 days ago
- Project: Block SEAL-T-215
- Current stage:
- Updated:
2 days ago
- Project: Block SEAL-T-214
- Current stage:
- Updated:
2 days ago
- Project: Block SEAL-T-207
- Current stage:
- Updated:
2 days ago
- Project: Block SEAL-T-206
- Current stage:
- Updated:
2 days ago
- Project: Block SEAL-T-205
- Current stage:
- Updated:
2 days ago
- Project: Block ES-T-352
- Current stage:
- Updated:
2 days ago
- Project: Block ES-T-353
- Current stage:
- Updated:
2 days ago
- Project: Block ES-T-362
- Current stage:
- Updated:
2 days ago
- Project: Block ES-T-363
- Current stage:
- Updated:
2 days ago
Other companies in: Oil & Gas (Brazil)
Get critical information about thousands of Oil & Gas companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Ultracargo Operacões Logisticas e Partipacões Ltda. (Ultracargo)
-
Ultracargo, a unit of Brazilian fuels and logistics conglomerate Ultrapar, is the country's main provider of bulk liquid storage. It has a storage capacity of nearly 824,000m3 t...
- Company: Scala Data Centers S.A. (Scala Data Centers)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
- Company: Companhia de Gás do Estado do Mato Grosso do Sul (MSGás)
-
Companhia de Gás do Estado do Mato Grosso do Sul (MSGás) is a Brazilian natural gas distribution company created in 1998 in Campo Grande controlled by the state government of Ma...
- Company: Petrogal Brasil, Ltda. (Petrogal Brasil)
-
Petrogal Brasil Ltda. Is dedicated to the research, exploration, production, refining, transportation, distribution and commercialization of oil, derivatives and natural gas in ...
- Company: Lupatech S.A. (Lupatech)
-
Lupatech is a Brazilian supplier of products, services and integrated solutions for the oil and gas industry. The firm provides a wide range of products and services, from explo...
- Company: Refinaria de Petróleo Riograndense S.A. (Refinaria de Petróleo Riograndense)
-
Brazilian Refineria de Petróleo Riograndense (RPR), headquartered in Rio Grande do Sul, is a privately held company focused on production and trading of oil products, particular...
- Company: ExxonMobil Brasil Holdings B.V. (ExxonMobil Brazil)
-
ExxonMobil has been operating in Brazil since 1912 and since 1999 under its current name after the merger of Exxon and Mobile. ExxonMobil's main commercial activities in Brazil ...
- Company: Estaleiros do Brasil Ltda. (EBR)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
- Company: Seacrest Exploração e Produção de Petróleo Ltda. (Seacrest Petróleo)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
- Company: Tranship Transportes Marítimos LTDA (Tranship Brasil)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.
