EIG to buy Brazilian offshore oil and gas company Ocyan for US$390 million

EIG, a global energy and infrastructure investor, announced today that it has agreed to buy Ocyan, a Brazilian offshore oil and gas solutions provider, from Novonor and BNDES for US$390 million. The deal will help Novonor pay off some of its debt to BNDES, the Brazilian development bank. Ocyan operates four floating production units in…