LNG

Petrobras, the Brazilian state-run oil and natural gas company, has announced its largest natural gas discoveries in more than a decade in six deepwater wells in the Sergipe Basin offshore northeast Brazil.

French utility Engie, the parent company of France's network operator and LNG terminals owner, said its US$8.6 billion joint bid with a Canadian fund won the competitive tender conducted by Brazilian energy company Petrobras for the sale of the South American nation’s largest gas transmission network.