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Sovereign Wealth Funds Briefing - Categorized | Investment

Temasek invests in Brazilian oil and gas firm OOG

Posted on 21 October 2010

From Freemalaysiatoday.com: State-linked Singaporean investment firm Temasek has invested US$400 million (RM1.2 billion) in Brazil’s Odebrecht Oil and Gas (OOG) in a further push into South America, a joint statement said today.
“The funds will be used for fresh investments and will consolidate OOG as an integrated services company for the oil industry,” the joint statement said……………………………………….Full Article: Source


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