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Exclusive: EIG, Warburg Pincus bid for mature Petrobras oilfield cluster

Warburg Pincus- and EIG Global Energy-backed firms have placed bids for shallow water mature oilfields being sold by Brazil’s state-controlled producer Petroleo Brasileiro SA (PETR4.SA), five sources said, as the private equity firms seek to carve out a presence in Latin America’s top oil producer.

EIG Global Energy Partners would provide equity backing for a bid by Brazilian energy firm Ouro Preto Óleo e Gás for the Enchova and Pampo clusters, according to two people familiar with the matter. It remains unclear how the bid would be structured.

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