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  3. Law: Contract(s)

direito de participar

English translation: right to hold an interest

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Portuguese term or phrase:direito de participar
English translation:right to hold an interest
Entered by: Teresa Freixinho

13:30 Jun 27, 2022
Portuguese to English translations [PRO]
Law/Patents - Law: Contract(s)
Portuguese term or phrase: direito de participar
This is a short MEMORANDUM about an Oil Company and its History and Activity in Angola


Em Julho de 2005, a EMPRESA viu ser-lhe outorgado o direito de participar no Bloco xx/ (em produção) e no Bloco xxx (em fase de pesquisa) com uma participação de 10%.

Em Outubro de 2005, foi-lhe concedido o direito de participar no Bloco xxxx (em desenvolvimento) com um interesse participativo de 15%.
ndengue
United Kingdom
right to hold an interest
Explanation:
Sugestão.

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Note added at 2 hrs (2022-06-27 16:22:49 GMT)
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https://www.lawinsider.com/dictionary/hold-an-interest

https://www.lawinsider.com/dictionary/hold-an-interest

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Note added at 2 hrs (2022-06-27 16:23:13 GMT)
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Hold an interest in a proprietorship, partnership, limited liability company, business trust, corporation, or another domestic or foreign form of business or enterprise.
Selected response from:

Teresa Freixinho
Brazil
Local time: 21:18
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +4right to hold an interest
Teresa Freixinho
4participation right
philgoddard
3was granted the right to buy shares in
Barbara Cochran, MFA
3the right of participation within the block(in development) holding 15 percent of shares.
Nina Balbi


  

Answers


3 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
was granted the right to buy shares in


Explanation:
That's my interpretation.

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Note added at 7 mins (2022-06-27 13:38:47 GMT)
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Or "the right to purchase shares": https://www.investopedia.com/terms/s/sharepurchaseright.asp

Barbara Cochran, MFA
United States
Local time: 20:18
Native speaker of: Native in EnglishEnglish
PRO pts in category: 12
Login to enter a peer comment (or grade)

17 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
participation right


Explanation:
State-owned oil and gas firm Pertamina is aiming to increase its participation rights in Algeria's Menzel Lejmat North (MLN) oil block.
http://www.dealstreetasia.com/stories/indonesia-pertamina-in...

Etuko-1 is located 14 kilometers east of Twiga South-1 in Block ... National Oil Corporation of Kenya may exercise its participation rights
http://www.google.com/url?q=https://www.africaoilcorp.com/si...

You can also just say "interest".







philgoddard
United States
Native speaker of: English
PRO pts in category: 12
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29 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
right to hold an interest


Explanation:
Sugestão.

--------------------------------------------------
Note added at 2 hrs (2022-06-27 16:22:49 GMT)
--------------------------------------------------

https://www.lawinsider.com/dictionary/hold-an-interest

https://www.lawinsider.com/dictionary/hold-an-interest

--------------------------------------------------
Note added at 2 hrs (2022-06-27 16:23:13 GMT)
--------------------------------------------------

Hold an interest in a proprietorship, partnership, limited liability company, business trust, corporation, or another domestic or foreign form of business or enterprise.

Teresa Freixinho
Brazil
Local time: 21:18
Specializes in field
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 49
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Viviani Oliveira
11 mins
  -> Obrigada, Viviani!
agree  Adrian MM.: - or 'take an equity stake' in .....
41 mins
  -> Obrigada, Adrian!
agree  Mario Freitas:
1 hr
  -> Obrigada, Mário!
neutral  philgoddard: You haven't given any references.
2 hrs
  -> Philgoddard, a expressão "to hold an interest" é muito comum nesse contexto. https://www.lawinsider.com/dictionary/hold-an-interest.
agree  Fabian Deckwirth: Exactly!
20 hrs
  -> Obrigada, Fabian!
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23 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
the right of participation within the block(in development) holding 15 percent of shares.


Explanation:
Sugestão

Nina Balbi
Portugal
Local time: 01:18
Specializes in field
Native speaker of: Native in PortuguesePortuguese
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