
Fluxys partner in Brazilian gas transmission system operator TBG
The transfer of EIG’s minority stake in Brazilian gas transmission system operator TBG has been completed.
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The transfer of EIG’s minority stake in Brazilian gas transmission system operator TBG has been completed.

Petrobras must play its part to invest in other less capital-intensive sustainability efforts to reduce emission, says GlobalData.

The company has entered into a partnership with Deepsea Technologies Equipamentos Industriais Ltda to represent its operations in Brazil as part of its long-term growth strategy in South America.

Monti has entered into a joint venture agreement with Tecnofink LTDA to market and sell Monti products in Brazil.

A definitive agreement with Fluxys for the sale of EIG’s approximately 27.5% stake has been signed.

The initiative marks a milestone in the construction of a more competitive gas market.

Deteriorating financial situation due to COVID-19 leads to productivity decline of South American oil and gas pipeline sector, says GlobalData.

The company has announced an agreement with Petrobras to extend the current long-term day-rate contracts for three pipelay support vessels.

Svetlana Doh, Oil and Gas Analyst at GlobalData, comments on what lies ahead for the regions.

The contracts extension reinforces the historic partnership between the two companies.

Venezuela’s oil and gas sector sees worst crisis during 2020, says GlobalData.

Mexico’s dependency on natural gas is forecast to grow as Pemex focuses on crude oil production and the US continues to have an excess in natural gas supply, according to GlobalData.