Brazil: Petrobras signs contract for sale of E&P assets in Espirito Santo
01 Feb 2021
Petrobras, following up on the release disclosed on August 5, 2019, informs that it has signed with the companies
OP Energia and
Peroá and
BM-ES-21 (Malombe Discovery Evaluation Plan), jointly named
Peroá Cluster, located in the Espírito Santo Basin. OP Energia and DBO Energia will form a consortium to acquire the Peroá Cluster, with a 50% stake each, with the first company as operator.
The sale value is US$ 55 million, being (a) US$ 5 million paid at the present date; (b) US$ 7.5 million at the closing of the transaction and (c) US$ 42.5 million in contingent payments foreseen in contract, related to factors as commerciality declaration of Malombe, future oil prices and extension of the concessions term. The amounts do not consider due adjustments until the closing of the transaction, which is subject to the fulfillment of previous conditions, such as approval by the National Agency
(PRNewsfoto/CalAmp)
With an integrated business model, Localiza, the largest mobility player in Brazil, today has a well-established presence in car rental and franchising, in South America, and fleet rental in Brazil.
CalAmp and Localiza began working together in 2015 to install smart telematics on several hundred vehicles in Localiza s fleet. The partnership has grown to thousands of vehicles currently equipped with CalAmp s telematics technology enabling enterprise fleet organizations, like Localiza, and others to scale their fleet operations with ease. This is an important partnership for CalAmp, said Arym Diamond, chief revenue officer for CalAmp. CalAmp is dedicated to international expansion and excited to increase our reach throughout Latin America working with Localiza as our partner. Together, we are working to add more value-added telematics technologies for all types of fleet management applications across the globe.
Avelacom Becomes A Distributor Of B3 Market Data Across All Key Trading Venues Date
15/12/2020
Avelacom, the high-performance global connectivity and IT infrastructure provider for the financial services industry, is adding the Brazilian Stock Exchange (B3)’s real-time market data to its service portfolio. This will provide investment banks and low latency trading firms with B3’s native market data feeds to markets in North America, EMEA and APAC via Avelacom’s 80+ global points of presence (PoPs). Firms will be able to improve price discovery and arbitrage strategies across all derivatives, as well as access B3 markets for trial purposes.
This initiative reflects the strengthening demand to trade new markets, with Brazil ranked third (after China and India) among the most attractive markets that firms intend to engage with over the next year (according to the Acuiti’s survey commissioned by Avelacom).