Connection

popular articles

GET and BET join forces for environmentally-friendly heating
JERA and Denso develop SOEC hydrogen production technology
Sunfire leads major study for European hydrogen project
RWE inaugurates its largest wind farm in France: Les Nouvions
EDP Group plans to build a green hydrogen power plant

Brazil attracts 40 billion BRL in investments through Petro-Victory and Blue Oak

Petro-Victory and Blue Oak form a strategic alliance to seize opportunities in the oil and gas sector, with an investment vehicle set to transform Brazil's energy market.

Please share:

Brazil’s oil and gas sector is set to undergo a significant strategic shift. Petro-Victory Energy Corp., a well-established player in exploration and production (E&P), has partnered with Blue Oak Investments, a leading investor in the energy industries, to create a Special Purpose Vehicle (SPV). This SPV aims to mobilize 40 billion BRL for the acquisition of oil and gas assets in Latin America.

A partnership structured for growth

The joint strategy is based on a precise division of roles: Blue Oak, with its seven decades of financial expertise and impressive portfolio, will provide the capital. Petro-Victory, for its part, will bring its operational expertise and in-depth knowledge of local markets.

This partnership aligns with the needs of the Brazilian market, characterized by a growing focus on energy transition and infrastructure optimization. With an equitable distribution of responsibilities within the SPV, this collaboration seeks to address the region’s economic and industrial challenges.

The strengths of Blue Oak and Petro-Victory

Blue Oak Investments, based in Brazil, has already conducted transactions worth 40 billion BRL, confirming its key role in strategically financing complex projects. Specializing in special situations and investments in fixed assets, the company has established itself as an essential player in the energy sector.

Petro-Victory, on the other hand, brings a strong track record in developing onshore oil resources and a strategic presence in Latin America, where it has demonstrated its ability to maximize the value of acquired assets.

A model for the regional oil sector

This collaboration could serve as a model for other companies looking to exploit the growing opportunities in the energy sector in Latin America. As recent reforms stimulate foreign investment in the region, Petro-Victory and Blue Oak intend to position themselves as pioneers in adopting collaborative and innovative strategies.

The first projects under this SPV are expected to focus on assets located in Brazil, a country that remains at the heart of regional energy ambitions.

Register free of charge for uninterrupted access.

Publicite

Latest news

Congo records a sale of 881,192 barrels of crude oil by PetroNor
Africa Oil acquires 18% in an offshore block in South Africa
Estonia: Fermi Energia Initiates Site Selection Process for a 600 MW Nuclear Plant
The OECD Fails to Agree on Ending Support for Fossil Fuels
Global Road Transport: CO2 Emissions Expected to Peak in 2025

Recently published in

Congo records a sale of 881,192 barrels of crude oil by PetroNor

PetroNor sold 881,192 barrels of crude oil at a price of $72.8 per barrel on the PNGF Sud block. This major transaction generates $64 million, highlighting the importance of investments in the Congolese oil sector.
Africa Oil acquires 18% in an offshore block in South Africa
Africa Oil increases its stake to 18% in block 3B/4B off the coast of South Africa. This partnership with TotalEnergies and QatarEnergy marks a crucial step for oil exploration in the Orange Basin.
en_11401261540
Africa Oil acquires 18% in an offshore block in South Africa
Africa Oil increases its stake to 18% in block 3B/4B off the coast of South Africa. This partnership with TotalEnergies and QatarEnergy marks a crucial step for oil exploration in the Orange Basin.
en_11401261540
Historic Agreement Between Iraq and BP to Develop Kirkuk Oil Fields
Iraq and BP finalize an ambitious agreement to rehabilitate four oil fields in Kirkuk and exploit flared gas, aiming to boost energy production and reduce dependence on Iranian gas.
en_11401270540
Historic Agreement Between Iraq and BP to Develop Kirkuk Oil Fields
Iraq and BP finalize an ambitious agreement to rehabilitate four oil fields in Kirkuk and exploit flared gas, aiming to boost energy production and reduce dependence on Iranian gas.
en_11401270540
Chevron and Hess Corporation: A Strategic Acquisition Suspended by Legal Disputes
Chevron’s $53 billion acquisition of Hess Corporation remains blocked by contractual disputes and ExxonMobil's opposition. An arbitration decision in September will determine the future of this strategic transaction.
en_11401239540
Chevron and Hess Corporation: A Strategic Acquisition Suspended by Legal Disputes
Chevron’s $53 billion acquisition of Hess Corporation remains blocked by contractual disputes and ExxonMobil's opposition. An arbitration decision in September will determine the future of this strategic transaction.
en_11401239540

Sonatrach plans refinery and petrochemical complex in Niger

After diplomatic tensions, Algeria and Niger strengthen energy cooperation. Algerian company Sonatrach plans to build a refinery and a petrochemical complex in the city of Dosso, Niger.
India and China at the Heart of Global Oil Dynamics in 2025
According to the KOMO Q1 2025 report by KAPSARC, India will dominate global oil demand growth with an additional 220 Kb/d, surpassing China and reaffirming Asia's central role in the energy market.
en_11401253540
India and China at the Heart of Global Oil Dynamics in 2025
According to the KOMO Q1 2025 report by KAPSARC, India will dominate global oil demand growth with an additional 220 Kb/d, surpassing China and reaffirming Asia's central role in the energy market.
en_11401253540
Cameroon finalizes a 15-million-dollar oil agreement with Tower Resources
Cameroon welcomes a new strategic agreement between Tower Resources and Prime Global Energies, mobilizing 15 million dollars to develop the NJOM-3 well, a key offshore oil project planned for 2025.
en_11401228540
Cameroon finalizes a 15-million-dollar oil agreement with Tower Resources
Cameroon welcomes a new strategic agreement between Tower Resources and Prime Global Energies, mobilizing 15 million dollars to develop the NJOM-3 well, a key offshore oil project planned for 2025.
en_11401228540
Shell launches Whale with a capacity of 100,000 barrels per day
The Whale platform, located in the Gulf of Mexico, begins production under the management of Shell and Chevron, with a capacity of 100,000 barrels per day and technologies aimed at reducing environmental impact.
en_11401220540
Shell launches Whale with a capacity of 100,000 barrels per day
The Whale platform, located in the Gulf of Mexico, begins production under the management of Shell and Chevron, with a capacity of 100,000 barrels per day and technologies aimed at reducing environmental impact.
en_11401220540

Senegal: Sangomar Exceeds Oil Production Targets for 2024

The offshore oil field Sangomar, operational since June 2024, has surpassed its annual forecasts with 16.9 million barrels produced, strengthening Senegal's strategic energy position.
Nigeria aims for a 140% increase with Seplat Energy
Nigeria is relying on Seplat Energy to triple its crude oil production to 120,000 barrels per day by June 2025, leveraging strategic assets and unused wells.
en_11401194540
Nigeria aims for a 140% increase with Seplat Energy
Nigeria is relying on Seplat Energy to triple its crude oil production to 120,000 barrels per day by June 2025, leveraging strategic assets and unused wells.
en_11401194540
United States: Crude Oil Stockpiles Decrease Less Than Expected
Crude oil stockpiles in the United States decreased by one million barrels last week, a figure lower than expected, due to a drop in exports despite intensified refining activities.
en_11401198540
United States: Crude Oil Stockpiles Decrease Less Than Expected
Crude oil stockpiles in the United States decreased by one million barrels last week, a figure lower than expected, due to a drop in exports despite intensified refining activities.
en_11401198540
Nigeria: Warri Refinery Restarts Operations After Eight Years of Inactivity
After eight years of inactivity, the Warri refinery in Nigeria resumes operations. This marks a significant step in the country's efforts to rehabilitate its energy infrastructure and strengthen domestic fuel supply.
en_11401184540
Nigeria: Warri Refinery Restarts Operations After Eight Years of Inactivity
After eight years of inactivity, the Warri refinery in Nigeria resumes operations. This marks a significant step in the country's efforts to rehabilitate its energy infrastructure and strengthen domestic fuel supply.
en_11401184540

Kimbell acquires $231 million in mining interests in Texas’ Midland Basin

Kimbell Royalty Partners completes a major $231 million transaction, strengthening its strategic presence in the Midland Basin with assets located under the historic Mabee Ranch.
Laredo Oil to Drill Three Exploratory Wells in the West Fork Field, Montana
Laredo Oil begins exploratory drilling in the West Fork field, Montana, with $7.5 million in funding to evaluate production potential equivalent to 7.5 million barrels.
en_11401171540
Laredo Oil to Drill Three Exploratory Wells in the West Fork Field, Montana
Laredo Oil begins exploratory drilling in the West Fork field, Montana, with $7.5 million in funding to evaluate production potential equivalent to 7.5 million barrels.
en_11401171540
LLOG Exploration revamps an oil unit in Texas with a 60,000-barrel daily capacity
LLOG Exploration completes the renovation of a floating oil production unit in Texas, targeting production of 60,000 barrels of oil per day and 40 million cubic feet of natural gas by mid-2025.
en_11401166540
LLOG Exploration revamps an oil unit in Texas with a 60,000-barrel daily capacity
LLOG Exploration completes the renovation of a floating oil production unit in Texas, targeting production of 60,000 barrels of oil per day and 40 million cubic feet of natural gas by mid-2025.
en_11401166540
South Sudan Revives Dar Petroleum Operations with 90,000 Barrels per Day
South Sudan announces the resumption of oil production in blocks 3 and 7, operated by Dar Petroleum, targeting 90,000 barrels per day after a year of disruption caused by armed conflict.
en_11401170540
South Sudan Revives Dar Petroleum Operations with 90,000 Barrels per Day
South Sudan announces the resumption of oil production in blocks 3 and 7, operated by Dar Petroleum, targeting 90,000 barrels per day after a year of disruption caused by armed conflict.
en_11401170540

India and Hindustan Petroleum increase refining capacity to 309 million tons by 2028

India, supported by Hindustan Petroleum and other major players, aims for a refining capacity of 309 million tons per year by 2028, meeting growing demand for petroleum products and boosting exports.
Perenco’s Strategy in the Congo to Reach 100,000 Barrels per Day
With a current production of 80,000 barrels per day, Perenco aims to increase this figure to 100,000 through the optimization of the offshore Émeraude field, despite complex geological challenges.
en_11401161540
Perenco’s Strategy in the Congo to Reach 100,000 Barrels per Day
With a current production of 80,000 barrels per day, Perenco aims to increase this figure to 100,000 through the optimization of the offshore Émeraude field, despite complex geological challenges.
en_11401161540
Russia Faces a 9,200-Ton Oil Spill in Sevastopol
The sinking of two Russian oil tankers caused an unprecedented 9,200-ton oil spill impacting the Kerch Strait and Sevastopol. This crisis highlights significant technological challenges and geopolitical tensions in the region.
en_11401120540
Russia Faces a 9,200-Ton Oil Spill in Sevastopol
The sinking of two Russian oil tankers caused an unprecedented 9,200-ton oil spill impacting the Kerch Strait and Sevastopol. This crisis highlights significant technological challenges and geopolitical tensions in the region.
en_11401120540
The United States anticipates a 1.97% increase in oil prices amid freezing conditions
Oil and gas prices rise as an arctic cold wave threatens production in Texas, a key player in the U.S. energy market.
en_11401124540
The United States anticipates a 1.97% increase in oil prices amid freezing conditions
Oil and gas prices rise as an arctic cold wave threatens production in Texas, a key player in the U.S. energy market.
en_11401124540

Russia Alerts on 73,000 Tons of Contaminated Sand After a Shipwreck in Crimea

The oil spill in the Kerch Strait caused by the shipwreck of two Russian tankers has contaminated 73,000 tons of sand, raising concerns about the costs and environmental impact in Russia and Crimea.
Nigeria: The Central Bank Questions Feasibility of 2 Million Barrels Per Day Target
The Central Bank of Nigeria casts doubt on the 2 million bpd production target, citing outdated infrastructure and operational inefficiencies despite recent government reforms.
en_11401101540
Nigeria: The Central Bank Questions Feasibility of 2 Million Barrels Per Day Target
The Central Bank of Nigeria casts doubt on the 2 million bpd production target, citing outdated infrastructure and operational inefficiencies despite recent government reforms.
en_11401101540
CNOOC develops an oil field with a capacity of 13,600 barrels per day
A strategic project in the South China Sea aims to optimize the Panyu oilfields with unmanned platforms and intelligent technologies, supporting the region’s energy ambitions.
en_11401090540
CNOOC develops an oil field with a capacity of 13,600 barrels per day
A strategic project in the South China Sea aims to optimize the Panyu oilfields with unmanned platforms and intelligent technologies, supporting the region’s energy ambitions.
en_11401090540
The South Sudan Oil Revival: Balancing Economic Hopes and Logistical Challenges
South Sudan plans to revive its oil production, critical for its economy, despite challenges related to damaged infrastructure and ongoing tensions with Sudan.
en_11401077540
The South Sudan Oil Revival: Balancing Economic Hopes and Logistical Challenges
South Sudan plans to revive its oil production, critical for its economy, despite challenges related to damaged infrastructure and ongoing tensions with Sudan.
en_11401077540

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS