The oil and gas industry continues to evolve - companies are optimising efficiencies across the value chain, strengthening balance sheets and introducing new technologies, whilst continuing to navigate complex regulatory environments, geopolitical risk, disputes and market disruption.
We are proud to act across all elements of the value chain and to advise the full spectrum of sponsors, lenders and investors. This platform gives us a finely calibrated perspective on the opportunities and challenges in the sector.
From plans for gas-to-power in markets such as South Africa and Myanmar, to the construction of LNG receiving terminals in emerging markets and the subsequent emergence of a secondary LNG market, to asset divestments and opportunistic M&A, our team is at the whiteboard with our clients developing new strategies to continue to grow and deliver value to stakeholders.
Mercuria Energy Group
On the reverse takeover to effect the combination of Petrolera El Trébol and Andes Energia, waiver of Rule 9 of the Takeover Code and readmission of the enlarged share capital of Phoenix Global Resources (formerly Andes Energia) on AIM.
BP, Eni, JX Nippon and Repsol Sinopec
In their successful defence of claims, both in the Commercial Court in 2015 and in the Court of Appeal in 2016, brought by Scottish Power under a gas sales agreement relating to a prolonged failure to deliver gas following a leak from part of the topsides pipework on the Andrew Field offshore production platform in the UK sector of the North Sea. Scottish Power's claim for £85m in damages was dismissed.
ING and the other lenders (BNPP, Natixis and ABN Amro)
To Carlyle International Energy Partners in connection with its acquisition of certain of Royal Dutch Shell's oil and gas assets in Gabon.
On the disposal of its geothermal assets and related power business interests in Indonesia and the Philippines to Star Energy, AC Energy and Electricity Generating Public Company.
China National Petroleum Corporation (CNPCI)
On its investment in the development of Phase 11 of the South Pars gas project. This marks the first foreign oil and gas contract signed in Iran since economic sanctions were lifted in 2016.
On its planning and environmental consenting strategy to carry out hydraulic fracturing in the UK.