Oil and Gas Transactions and Project Development
Our oil and gas transactional and projects team advises on cross-border asset deals , corporate transactions and hybrid and bespoke transactional structures internationally . We act on upstream , midstream and downstream deals . Our depth and breadth of transactional experience means that we can assist our clients to understand and mitigate risk and efficiently and effectively get deals done .
We work with our clients on upstream exploration and production projects , financings ( including many high profile project financings ), trading and commercialisation , transportation and storage , LNG liquefaction and regasification , marketing , and petrochemical and refining projects .
M & A
• Anglo Tunisian Oil & Gas Limited — acquisition of Medco Tunisia , a seven asset upstream oil and gas business in Tunisia
• Apache Corporation — disposal of its operated interest in the SAGE System , a major gas pipeline system and gas processing terminal in the UK , to Ancala Partners , and on Apache ’ s associated longterm gas transportation and processing agreement
• Apache Corporation — sale of multiple UK North Sea upstream oil and gas assets to Chrysaor Limited , sale of North Sea upstream assets to Edison S . p . A ,. $ 800 million sale of its entire business in Argentina to YPF and its US $ 1.75 billion acquisition of Mobil North Sea Limited ( holding significant UK North Sea assets ) from Exxon Mobil
• BG Group — farm-ins to exploration assets in Brazil , Colombia and Mongolia and the proposed sale of its entire upstream business in Norway
• Chevron — acquisition of a 40 percent interest in three deepwater exploration blocks in Mexico from Shell
• Eni — aggregate US $ 2.5 billion sale of participating interests in the Shorouk Concession , containing the Zohr gas field , to Rosneft , BP and Mubadala
• Eni — sale of participating interests in the various Western Desert concessions in Egypt to Apex
• Eni — sale to Qatar Petroleum of a 35 percent interest in the Area 1 development in Mexico
• EOG Resources — acquisition of producing interests and operatorship in the Soldado block Trinidad from Heritage
• EOG Resources — sale of downstream business in Trinidad to Proman
• EOG Resources — acquisition of producing interests and operatorship from BP in Trinidad
• Genel Energy — acquisition of OMV ’ s interest in the Bina Bawi Block , and farm-down of the Chia Surkh block , in the Kurdistan Region of Iraq , acquisition of interests in the Chevron-operated Sarta and Qara Dagh blocks in the Kurdistan region of Iraq
• Harbour Energy — disposal of its operated interest in the Sea Lion offshore oil field development in the North Falkland basin to Navitas Petroleum
• Impact Oil & Gas Ltd — sale of a 65 percent interest in upstream oil and gas assets in the offshore joint development area of Senegal-Guinea Bissau AGC to Woodside Energy , and farm-out of two deepwater blocks , in Namibia and South Africa , to Total
• Maurel & Prom — acquisition of Azinam ’ s interests in PEL 44 and 45 Namibia
• Maurel & Prom — acquisition of Mitsubishi ’ s interests in Blocks 03 / 05 and 03 / 05A offshore Angola
• Ophir Energy plc — sale of its entire interest in Block 5 , offshore Mexico to Murphy , Petronas and Wintershall / DEA
• Petraco — sale of its Kurdistan crude trading business
• Savannah Energy — acquisition from Petronas of its interest in three onshore blocks in South Sudan for up to $ 1.25 billion
• Savannah Energy — acquisition of Exxon and Petronas ’ entire interests in the Doba oil field in Chad and their shareholding in the Chad-Cameroon Pipeline and Floating , Storage and Offloading vessel for a total consideration of up to $ 676 million bracewell . com