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