It's no secret that we are in a world that is continuously combating tough economic challenges. The energy, natural resources and infrastructure finance space is no exception to this.
Our sector team advises clients throughout the full lifecycle of a project. We combine a detailed knowledge of relevant financial structures with an ability to manage and mitigate the commercial, strategic, technical, geographical and political risks that shape and impact the energy and natural resources space.
Embedded within our energy finance practice is our dedicated team of market-leading structured commodity trade finance specialists. Supporting clients on some of the world's largest prepayment and pre-export financings and reserve-based loans, we have a true understanding of the complexities and implications of global sector trends, delivering high-quality, expert advice on all forms of commodity-related financings.
Advising borrowers and lenders alike, we provide a seamless full-service offering to our clients, drawing together our sector, finance and cross-border expertise. Our passion for shaping the future of the sectors, positions us at the forefront of developing innovative financing structures and solutions, often devising complex contractual structures.
Our experience in senior debt, mezzanine and hybrids, as well as our expertise in structured finance and debt capital markets provides us with the foundation to support our clients, and is one of the reasons we regularly take leading roles on the world's largest, high-profile and ground-breaking projects and financings in the sectors.
In relation to the structuring and documentation of the development and financing of the Browse LNG project in Western Australia (both in its onshore phase and now as an FLNG project)
BNP Paribas and group of 27 lenders
Advising on the US$3.5 billion reserve-based credit facility for Tullow Oil, including the subsequent upsizing and refinancing of its secured multi-tiered reserve based and corporate facilities
Nord Stream 2 AG
Advising on the financing of the Nord Stream 2 pipeline project, running between Russia and Germany via the Baltic Sea
Intesa Sanpaolo and the other lenders
Advising on a US$4 billion PXF facility for Petroleum Development Oman (Trade & Export Finance Deal of the Year: Bonds, Loans and Sukuk Middle East 2016, EMEA Structured Trade – Oil & Gas Deal of the Year: Trade Finance Awards 2017 and Middle Eastern Commodities Finance Deal of the Year – TXF Perfect 10 Commodity Finance Awards 2016)
Woodside Energy and its joint venture partners
In relation to the development and project financing of the SNE Project, offshore Senegal
BTMU, Vitol and the other lenders
Advising on a US$3 billion prepayment financing and the subsequent upsizing of the facility by US$1 billion to KazMunayGas, the Kazakh state oil and gas company (APAC Structured Trade – Oil & Gas Deal of the Year: Trade Finance Awards 2017 and European Structured Finance Deal of the Year – EMEA Finance Achievement Awards 2016)