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Pan American Energy

Description

In September 2018, Bridas and BP agreed to integrate Pan American Energy and Axion Energy.

The new integrated company, Pan American Energy Group (PAEG), brings together the strengths, knowledge and tradition of investment of both partners, to consolidate the company as a world-class operator. PAEG will be owned equally by BP and Bridas Corporation.

The implementation of the agreement, subject to complying with certain conditions, is planned for early 2018. Once the agreement is finalized, PAEG will become the main privately-owned producer, employer and investor of the energy sector in Argentina, with a footprint also in Bolivia, Mexico, Uruguay and Paraguay. 

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