PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 7.Mar.2025) — Petrobras‘ Board of Directors approved the settlement agreement to resolve the lawsuit with EIG Energy Fund XIV, LP and others. Under the terms of the agreement, Petrobras will pay $283mn, while EIG will request the dismissal of the lawsuit and release […]
Tag: EIG
MidOcean Completes Purchase of 15% Interest in Peru LNG from Hunt Oil
(Energy Analytics Institute, 24.Oct.2024) — MidOcean Energy, formed and managed by EIG, announced the completion of its previously announced agreement to acquire an additional 15% interest in Peru LNG (PLNG) from Hunt Oil Company. MidOcean’s interest in PLNG now stands at 35%, while Hunt will remain the operator of PLNG, […]
TotalEnergies Buys Gas-Fired UK Power Plant
(TotalEnergies, 5.Jun.2024) — In line with its development as an integrated electricity player, TotalEnergies signed an agreement with EIG, an institutional investor in the global energy sector, for the acquisition of all the shares of West Burton Energy for an enterprise value of ÂŁ450mn. West Burton Energy owns and operates […]
Aramco Enters LNG Business by Buying Interest in MidOcean Energy
(Aramco, 28.Sep.2023) — Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy for $500mn. MidOcean is a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy […]
EIG and Fluxys Partner in GNL Quintero S.A. Plant in Chile
(EIG, 28.Mar.2022) — EIG, an institutional investor to the global energy and infrastructure sectors, and Fluxys, an energy infrastructure company, announced they jointly will acquire an 80% equity stake in GNL Quintero S.A., the largest liquefied natural gas (LNG) regasification terminal in Chile, from Enagas Chile SpA and affiliates of […]
Sinopec, EIG Deliver Bid For Petrobras Refinery
(Reuters, 17.Dec.2019) — China’s Sinopec and U.S.-based EIG Global Energy Partners have delivered non-binding offers to buy Brazilian refinery REGAP from state-run oil firm Petrobras, three people with knowledge of the matter said. With a processing capacity of 150,000 barrels per day, REGAP is the fifth-largest refinery of eight up […]