EIG Acquisition Company

Ocyan Acquisition by EIG - BNDES Facility

Industry
Oil & gas/Oil - Upstream (Exploration and production)
Area of finance
Project & Infrastructure Finance
Region
Latin America
Latin America
Countries
Brazil

Deal Overview

The proceeds of the loan will be used for the acquisition of the Brazilian offshore oil and gas firm, Ocyan by EIG. The deal will enable EIG to enrich its portfolio in South America by adding the sole Brazilian floating production storage and offloading (FPSO) operator to its assets. 

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Deal Volume
$283m
Financial Close
10/04/2024
Dealmakers
Sources
Submitted by participant(s),

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Tranches

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Project Deals

Ocyan FPSO Assets
$390m
Greenfield
Oil - Upstream (Exploration and production)
Latin America
Latin America
Brazil