Petroleos Mexicanos (Pemex) has raised $2bn through the issue of 4.625% bonds in a public offering. The semi-annual coupon bonds will mature on 21 September 2023.
Pemex has retained Barclays Capital Inc, Natixis SA, Citigroup Inc, HSBC Bank plc, and MUFG Securities EMEA plc as book-runners for the offering.
The amount raised from the offering is intended to be used by the company to buyback bonds due in 2018 and 2019.
Aker BP ASA has entered an agreement with Tullow Norge AS to acquire working interest in eight oil and gas licences in the North Sea, Norwegian Sea and Barnet Sea, offshore Norway.
The agreement covers acquisition of 15% stake in PL 405, a 20% stake in PL811, 20% in PL 507, 40% in PL784, 25% in PL 650, 30% in PL833, 37.5% in PL 610, and 15% in PL659 licence.
The deal will allow Aker BP to expand its offshore operations on the Norwegian Continental Shelf (NCS).
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By GlobalData