{"id":234036,"date":"2019-02-14T05:07:15","date_gmt":"2019-02-14T05:07:15","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=234036"},"modified":"2019-02-14T05:37:32","modified_gmt":"2019-02-14T05:37:32","slug":"chennai-based-invenire-energy-acquires-tata-petrodyne-in-a-100-mn-deal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/chennai-based-invenire-energy-acquires-tata-petrodyne-in-a-100-mn-deal\/","title":{"rendered":"Chennai-based Invenire Energy acquires Tata Petrodyne in a $100-mn deal"},"content":{"rendered":"<p>In a first sign of private equity (PE) interest in exploration and production in India, little-known Chennai-based Invenire Energy has taken over Tata Sons oil and gas arm Tata Petrodyne (TPL) in a $100-million deal. <\/p>\n<p>Miami-based Atyant Capital holds a majority stake (two-thirds) in Invenire, incorporated in 2016. Invenire has also submitted bids for six oil and gas blocks \u2014 four in Assam Shelf basin and one each in Cambay and Rajasthan \u2014 in the second round of discovered small fields auction (DSF-II), the winners of which are to be announced this week. <\/p>\n<p>TPL has interests in four blocks in India and four abroad, including in Tanzania and Indonesia. A source said that one of the reasons why Invenire was keen on TPL was its presence in Southeast Asia.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a first sign of private equity (PE) interest in exploration and production in India, little-known Chennai-based Invenire Energy has taken over Tata Sons oil and gas arm Tata Petrodyne (TPL) in a $100-million deal. Miami-based Atyant Capital holds a majority stake (two-thirds) in Invenire, incorporated in 2016. Invenire has also submitted bids for six oil and gas blocks \u2014 four in Assam Shelf basin and one each in Cambay and Rajasthan \u2014 in the second round of discovered small fields auction (DSF-II), the winners of which are to be announced this week. TPL has interests in four blocks in [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-234036","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/234036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=234036"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/234036\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=234036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=234036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=234036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}