Oil and gas will continue to be relevant for decades to come as the world transitions towards cleaner energy sources and continues to use hydrocarbon products in the manufacture of advanced materials and hydrogen. The industry continues to evolve - companies are optimising efficiencies across the value chain, strengthening balance sheets and introducing new technologies, whilst continuing to navigate increasingly 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, including publicly-listed integrated energy companies, National Oil Companies, trading companies and private equity. This platform gives us a finely calibrated perspective on the opportunities and challenges in the sector.
We are helping our oil & gas clients to provide energy solutions to all corners of the world, and to develop the infrastructure to make this happen. We are increasingly advising clients on the decarbonisation of their existing operations and on new technologies, such as hydrogen. 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.
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.
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
The lenders on a US$2 billion reserve-based lending facility
To finance the proposed US$3.9 billion acquisition by Neptune Energy of EPI, Engie's exploration and production business.
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.
Providence Resources Plc
Against Transocean in the Commercial Court in 2014 and the Court of Appeal in 2016 concerning claims under a drilling contract following significant problems with the well control equipment, including the BOP, on a semi-submersible drilling rig. The case was widely commented on as one of the most important decisions in relation to the UK offshore oil industry in recent years.