PTTEP acquisition of Partex from The Calouste Gulbenkian Foundation

25/6/2019

Private acquisition

Status:

Announced

Date:

25/6/2019

Overview:

Thai oil exploration and production company PTTEP has acquired Portugal based oil company Partex from The Calouste Gulbenkian Foundation for $622 million.
Partex holds minority interests in oil and gas projects in Abu Dhabi, Oman, Kazakhstan, Angola and Brazil.

Laura Mendes - Researcher

Jurisdictions:

Brazil
Angola
Portugal
Kazakhstan
Oman
United Arab Emirates

Deal type:

Private acquisition

Practice area:

M&A

Governing laws:

England and Wales
Portugal

Industry sector:

Oil and gas

Firms:

Linklaters

Party: Fundação Calouste Gulbenkian (Seller)

Lawyer: Mark Russell

Morais Leitão

Party: Fundação Calouste Gulbenkian (Seller)

Lawyer: Tomás Vaz Pinto

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