Blue Water bids $10bn for Citgo acquisition
The deal aims to offer financial recovery for PDV Holding's general creditors and a $3.2bn (490.31bn bolivars) settlement for PDVSA 2020 bondholders.
08 September 2025
08 September 2025
The deal aims to offer financial recovery for PDV Holding's general creditors and a $3.2bn (490.31bn bolivars) settlement for PDVSA 2020 bondholders.
The decision remains firm despite the absence of pressure from the US to advance the deadline.
The deal grants Seasystems exclusive rights to market, sell and supply Stena Bulk's patented jettyless LNG solutions.
The move comes as the sector grapples with rising costs, lower prices and increased volatility.
The Methane LiDAR Camera was developed in compliance with the EPA OOOO standards.
The partnership is designed to offer seamless and cost-effective solutions on a global scale.
The block is situated adjacent to Afentra's existing interests in Blocks 3/05 and 3/05A in Angola.
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