Bridas Corporation is an Argentine independent oil and gas holding company based in Buenos Aires. Since March 2010 it is 50% owned by China National Offshore Oil Corporation.
Operations
Bridas Corporation was founded by the Bulgheroni family in 1948, and grew to become the second-largest producer of fossil fuels in Argentina (after the state-owned YPF), with production of over 78 million boe in 2004.[2] Bridas has focused in the South America Southern Cone and Central Asia. Its activities includes four principal areas of operations:
- exploration and development of oil and gas reserves and the production of oil and gas;
- marketing and transportation of oil, gas and oil products;
- gathering, treatment, processing and distribution of gas and power generation;
- drilling and well services.[3]