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SINOCHEM buys a 40% stake in Statoil's Peregrino field

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26 May 2011

SINOCHEM buys a 40% stake in Statoil's Peregrino field

Report summary

Sinochem has announced the acquisition of a 40% stake in Statoil's Peregrino field for a consideration of US$3.07 billion. Following completion of the deal, Statoil will retain a 60% stake and operatorship of the field, located in the shallow waters of Brazil's Campos Basin. The deal represents Sinochem's second major acquisition in the Latin America region following on from its acquisition of Emerald Energy in October 2009. This latest deal marks Sinochem's entry to ...

Table of contents

Tables and charts

This report includes 7 images and tables including:

  • Executive summary: Table 1
  • Deal analysis: Table 1
  • Deal analysis: Table 2
  • Oil & gas pricing and assumptions: Table 1
  • Oil & gas pricing and assumptions: Table 2
  • Map
  • Upstream assets: Table 1

What's included

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  • Document

    SINOCHEM buys a 40% stake in Statoil's Peregrino field

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