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Energy & Utilities

White & Case Advises Ghana National Petroleum Corporation on Landmark LNG Project

19 Sep 2017

Global law firm White & Case LLP has advised the Ghana National Petroleum Corporation (GNPC) on a landmark liquefied natural gas (LNG) regasification project located in Tema, Ghana.

Under the structure of the deal, Gazprom Global LNG Limited, a global subsidiary of global energy giant PAO Gazprom (Gazprom), the world's largest gas producer, will supply LNG and convert it into gas through a regasification terminal at Tema, before selling the converted natural gas to GNPC.

Norton Rose Fulbright advises the ACG consortium on extension of the ACG PSA in Azerbaijan

18 Sep 2017

Norton Rose Fulbright has advised the ACG consortium comprising BP, Chevron, INPEX, Statoil, ExxonMobil, TP, ITOCHU and ONGC Videsh on the agreement with the Azerbaijan Government and the State Oil Company of the Republic of Azerbaijan (SOCAR), to extend the Azeri-Chirag-Deepwater Gunashli (ACG) Production Sharing Agreement (PSA) until the end of 2049. The agreement, which was signed in Baku on 14 September, is now subject to ratification by the Parliament (Milli Majlis) of the Republic of Azerbaijan.

Norton Rose Fulbright advises Wirsol Energy on the acquisition of 110MWp Victorian solar project

18 Sep 2017

Norton Rose Fulbright has advised international solar energy company Wirsol Energy (part of the WIRCON Group) on the acquisition of the 110 MWp Wemen Sun Farm, Victoria.
 
To be built over an area of 770 acres, the Wemen Sun Farm is located close to Mildura in Victoria. Wirsol expects to commence construction of the project during the last quarter of 2017.

Slaughter and May is advising Seadrill Limited on its restructuring plan to be implemented with prearranged chapter 11 cases

14 Sep 2017

Slaughter and May is advising Seadrill Limited (“Seadrill”) on its restructuring plan to be implemented with prearranged chapter 11 cases.

Seadrill is one of the one of the world’s largest offshore drilling contractors and serves customers around the globe.

Delphi advisor to Veolia Nordic AB

12 Sep 2017

Advokatfirman Delphi has acted as legal advisor to Veolia Nordic AB on its acquisition of Hans Andersson Recycling Group AB and its subsidiaries.

Veolia Nordic AB has now carried out the acquisition of Hans Andersson Recycling Group AB and its subsidiaries. The transaction was completed on 31 August 2017.

Delphi's team was led by managing partner David Aversten and partner Nina Persson.

Norton Rose Fulbright advises South Korean refiner S-OIL on LNG supply contract with Malaysian SOE PETRONAS

12 Sep 2017

Norton Rose Fulbright has advised S-OIL Corp, one of South Korea’s largest refiners, on a 15-year, long-term liquefied natural gas (LNG) supply contract with Petronas LNG Ltd., a subsidiary of Malaysian state-owned enterprise Petroliam Nasional (PETRONAS).

As part of the agreement, which was signed on August 25, 2017, it is reported that S-OIL will buy 700,000 tonnes of LNG annually from Petronas from March 2018 through March 2033, which it plans to use as fuel to run plants and as a feedstock for petrochemical products.

Akin Gump Advises Bridas on the Formation of an Integrated Energy Company with BP

11 Sep 2017

Akin Gump is advising long-standing client Bridas Corporation on the formation of an integrated energy company through the combination of Bridas and BP’s interests in oil and gas producer Pan American Energy (PAE) and Bridas’ interest in refiner and marketer Axion Energy.

The new company, Pan American Energy Group (PAEG), will be the largest privately owned integrated energy company operating in Argentina. PAEG will be owned equally by BP and Bridas.