Petro-Victory Energy Transfers Brazilian Potiguar Basin Assets to Azevedo & Travassos Energia for 10.25% Stake

Ecopetrol Investimentos do Brasil Continues Tender Offer for Share Acquisition

July 16, 2026

Energy

Ecopetrol Investimentos do Brasil (a controlled company of Ecopetrol S.A.) received a Brazilian Securities and Exchange Commission (CVM) letter lifting the suspension previously imposed on the public tender offer for the acquisition of shares (OPAV). The CVM ruling requires Ecopetrol Investimentos to amend and re-publish the OPAV offer document, including updating the auction date.

Ecopetrol Completes Acquisition of Controlling 51% Stake in Brava Energia S.A.

April 23, 2026

Oil & Gas

Ecopetrol, through its Brazilian subsidiary Ecopetrol Investimentos, completed the acquisition of a controlling interest equivalent to approximately 51% of Brava Energia S.A.’s voting share capital. The deal combined a voluntary tender offer for ~25% of Brava’s shares with a separate share purchase agreement for an additional ~26% stake, for total consideration of about US$1.2 billion.

Petro-Victory Energy and BlueOak Investments Complete Acquisition of Capixaba Energia

April 29, 2025

Oil & Gas

Petro-Victory Energy Corp. (with BlueOak Investments as its strategic financial partner) has completed its previously announced acquisition of Capixaba Energia LTDA, a producing onshore oil and gas asset in Brazil’s Espírito Santo Basin. The deal strengthens Petro-Victory’s Brazil onshore position with immediate cash-flowing production (~400 boe/d) and expansion plans supported by BlueOak funding.

Vista Energy Acquires Petronas E&P Argentina (PEPASA)

April 16, 2025

Energy

Vista Energy, through its subsidiary Vista Energy Argentina S.A.U., acquired 100% of Petronas E&P Argentina S.A. (PEPASA) from Petronas Carigali Canada B.V. and Petronas Carigali International E&P B.V. The transaction consideration includes US$900 million cash, US$300 million in deferred cash payments and 7,297,507 ADSs of Vista; the acquisition gives Vista a 50% working interest in the La Amarga Chica (LACh) concession in Vaca Muerta, materially increasing its scale, production and midstream capacity.

Viston United Swiss AG to Acquire Petroteq Energy Inc

January 10, 2022

Energy

Viston United Swiss AG, through its Ontario subsidiary 2869889 Ontario Inc., made an all-cash offer to acquire Petroteq Energy Inc. for C$0.74 per common share. The Petroteq board recommended shareholders tender, and the offer remained subject to regulatory conditions including CFIUS-related review while the tender period was extended multiple times.

Vår Energi Acquires ExxonMobil's Upstream Assets in Norway

December 10, 2019

Energy

Vår Energi has completed the acquisition of ExxonMobil's Norway upstream assets for a cash consideration of roughly USD 4.5 billion, a deal that effectively doubled the company's production on the Norwegian Continental Shelf. The portfolio adds interests in more than 20 producing fields (about 150,000 boepd additional), increases reserves to ~1,900 million boe and transfers some ~33–50 ExxonMobil employees to Vår Energi, reinforcing the company's position as the second-largest operator on the NCS.