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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
Repsol and Sinopec have formed an alliance in Brazil to create one of Latin Amer ...
Repsol and Sinopec have formed an alliance in Brazil to create one of Latin America’s largest private energy groups, valued at $17.8bn. Repsol will retain 60% of the joint venture, with Sinopec, China’s second largest oil company, holding the remaining 40% stake. The new venture will jointly develop the projects of Repsol Brasil, the upstream subsidiary of Repsol in Brazil.
News Item details
Region: Latin America
Keywords: Company news - Company mergers / strategic alliances
Subjects: Project Management, Oil and gas extraction, Oil, Primary energy production
