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. .
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 ), with production of over 78 million in. .
In 1997, Bridas and (now ) established a named Pan American Energy. The stake of BP is 60% and the stake of Bridas is 40%. On November 28, 2010, it was announced that Bridas would acquire the BP's stake for $7.06 billion in cash.. .
Bridas began expanding into the energy sector in 1987, and secured its first large-scale contract (gas exploration rights in ), in 1992. Between 1995 and 1997, CEO was personally involved in negotiations between. .
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