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Corporation
ENERGY & UTILITIES | Oil & Gas Production & Exploration
pumaenergy.com

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Founded Year

1997

Stage

Shareholder Liquidity | Alive

Total Raised

$1.75B

About Puma Energy

Puma Energy is an integrated midstream and downstream oil company active in Africa, Latin America, the Caribbean, North East Europe, the Middle East and Asia. Formed in 1997 in Central America, Puma Energy has since expanded its activities worldwide, achieving rapid growth, diversification and product line development.

Puma Energy Headquarter Location

1, rue de Jargonnant

Geneva, 1207,

Switzerland

(41) 22 594 6900

Latest Puma Energy News

Trafigura’s Puma Said to Weigh Sale of $1.5 Billion Infra Assets

Oct 12, 2021

12 Oct 2021, 7:08 PM IST 12 Oct 2021, 6:47 PM IST 12 Oct 2021, 7:08 PM IST Save (Bloomberg) -- Puma Energy, the struggling fuel retailer and storage firm controlled by trading house Trafigura Group Pte, is in talks to sell some infrastructure assets for as much as $1.5 billion, according to people familiar with the matter. (Bloomberg) -- Puma Energy, the struggling fuel retailer and storage firm controlled by trading house Trafigura Group Pte, is in talks to sell some infrastructure assets for as much as $1.5 billion, according to people familiar with the matter. The company is working with an adviser as it seeks buyers for marine storage terminals in more than 30 locations, the people said, asking not to be identified as the matter is private. Australian infrastructure specialist IFM Investors Pty is among the parties to have expressed initial interest in the assets, the people said. Deliberations are ongoing and Puma Energy could also decide to retain the assets, according to the people. Puma Energy last year reorganized into three core business lines, one being infrastructure. “We are always looking at options to enhance our partnerships with counterparties where it makes sense to do so,” a spokesperson for Puma Energy said in response to Bloomberg queries. A representative for IFM declined to comment. Puma Energy has been unprofitable for years following a debt-fueled acquisition spree. Trafigura raised its stake in April by agreeing to buy Sonangol’s entire interest in the business in a $600 million deal. Since then, the commodities trader has appointed Hadi Hallouche as chief executive officer of Puma Energy. Last month, Sandfire Resources Ltd. agreed to buy a copper mining complex in Spain from Mubadala Investment Company and Trafigura for about $1.9 billion. ©2021 Bloomberg L.P.

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Puma Energy Patents

Puma Energy has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

10/20/2006

6/15/2010

Actuators, Tunnels, Gears, Geotechnical engineering, Shoulder

Grant

Application Date

10/20/2006

Grant Date

6/15/2010

Title

Related Topics

Actuators, Tunnels, Gears, Geotechnical engineering, Shoulder

Status

Grant

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