Mergers & Acquisitions

• Equinor on the $2.33 billion sale to PRIO of a 40% interest in and operatorship of the Peregrino field, a major producing field located offshore Brazil
• Equinor on the sale of its Nigerian subsidiary, including its share in the giant Agbami oil field (Nigeria's largest deep-water field), to Chappal Energies for a total value of up to $1.2 billion, including a purchase price of $710 million and additional contingent payments; the landmark deal marked Equinor's complete exit from Nigeria*
• Equinor (formerly Statoil) in its successfully completed $2.9 billion acquisition from Petrobras of a 25 per cent interest in the Roncador field, located in the Campos Basin in Brazil. The purchase price consists of an initial payment of $2.35 billion, plus additional contingent payments of up to $550 million*
• Equinor (formerly Statoil) in the $2.5 billion acquisition from Petrobras of a 66 per cent interest (and operatorship) in the Bacalhau (formerly Carcara) field in block BM-S-8 offshore Brazil*
• Africa Oil Corp. on the successfully completed $1.4 billion acquisition of a 50% ownership interest in Petrobras Oil and Gas B.V., which owns interests in two of Africa's largest producing oil & gas assets, located offshore Nigeria*
• Woodside on its approximately $430 million acquisition of the assets of ConocoPhillips in Senegal*
• A multinational oil and gas exploration company in the $2.9 billion sale of interests in production-sharing contracts and related assets located in the Republic of Uganda, and on related issues arising from the acquisition, sale, and development of its assets in Uganda*
• Helios Natural Resources Ltd (a Helios Investment Partners portfolio company) on the acquisition of a 29.4% shareholding in Eland Oil & Gas plc, an AIM-listed oil and gas company with an interest in an onshore oil field located in the Niger Delta, Nigeria*
• Equinor (formerly Statoil) in the $3.08 billion sale of a 40% share in the Peregrino oil field in Brazil to Chinese state-owned oil company Sinochem Group*
• Africa Oil Corp. on the successfully completed sale to TotalEnergies (Maersk Oil & Gas) of 50% of Africa Oil Corp's interests in upstream oil and gas blocks located in Kenya, and in the Rift Basin and South Omo in Ethiopia, for an aggregate consideration of up to $845 million; Named Oil & Gas Council's African Deal of the Year 2015*
• Hawler Energy Limited in the sale of a 21% interest in the Bina Bawi exploration block in the Kurdistan Region of Iraq to Genel Energy plc for $240 million*
• An international energy company in its farm-out of assets in Mozambique and farm-in to assets in Suriname*
• A UK oil and gas exploration and development company in the proposed acquisition of interests in two upstream oil and gas exploration assets in Republic of Congo (Brazzaville)*
• Sinopec International Petroleum Exploration and Production Corporation in connection with its C$10.3 billion acquisition of Addax Petroleum Corporation, a Canadian company publicly traded on the Toronto and London Stock Exchanges, with assets in West Africa and the Middle East; this deal was the largest overseas energy acquisition by a Chinese company to date, and was named a Deal of the Year by Asian-Counsel*
• A global chemicals company in the successful acquisition of a worldwide textile effects business with operations in more than 60 countries*

Oil & Gas

• A major European energy company in the proposed acquisition of offshore oil and gas assets in Nigeria with a value in excess of $2 billion*
• An international oil and gas company in the signed acquisition of producing North Sea assets with a value in excess of $400 million*
• A major energy company in the drafting and negotiation of production-sharing contracts and joint operating agreements relating to blocks in the Nigeria/Sao Tome Joint Development Zone*
• A major international energy company on a potential transaction involving an interest in the Azeri-Chirag-Gunashli oil field, located 100 km from Baku and the largest oil field in the Azerbaijan sector of the Caspian basin, and in the Shah-Deniz field and in related export pipeline infrastructure*
• An independent oil company in connection with multi-jurisdictional debt recovery proceedings (through both court proceedings and mediations)*
• A major Asian oil company in the proposed acquisition of offshore oil and gas interests on the Nigeria-Cameroon border, including full due diligence and analysis of issues surrounding the Nigeria-Cameroon border dispute*
• A major European-based energy company on the disposal of its interests in upstream assets in Federal Iraq*
• A major European energy company in the proposed acquisition of a company holding oil and gas assets located in Nigeria and Equatorial Guinea*
• A Canadian energy company in the successful acquisition of interests in Nigerian offshore oil and gas assets, together with the drafting and negotiation of joint operating agreements and associated documentation*

Power & Renewables

• A major energy company in connection with the proposed acquisition (in joint venture with financial investors) of the 4,000 MW Drax coal-fired power plant, the largest coal-fired power station in the UK, for a consideration of approximately $4 billion*
• A consortium of U.S. energy companies on the successful sale of the Enfield 400 MW combined-cycle gas turbine power project in London, including vendor due diligence, drafting and negotiating the sale and purchase documentation, and arranging for repayment of all project finance debt*
• A major corporation in its proposed acquisition (for a possible purchase price of approximately $1 billion) of 100 percent of the equity in the Saltend 1,200 MW combined heat and power project located in the north of England*
• A major energy company in the development of power generation projects in West Africa, including advising on, drafting, and negotiating power purchase, interconnection, fuel supply, and government support arrangements*
• European energy companies in the acquisition and development of windfarms in the UK*
• The UK electricity regulator in the implementation of new electricity trading arrangements in England and the reform of the electricity pool*

Project Development & Finance

• A European energy company in the development of a major LNG plant in West Africa, including the acquisition of upstream natural gas reserves and the development of onshore liquefaction facilities and associated infrastructure*
• A multinational telecommunications company in the $900 million financing of new infrastructure in Nigeria secured by offshore oil reserves*
• A UK energy company in the development and financing of offshore gas fields in the Republic of Ireland, including drafting and negotiating gas sales arrangements, advising on gas transportation and regulation, and negotiating project financing and security documentation*
• A major European company in the financing of telecoms and related infrastructure in the Kurdistan Region*
• An electricity utility in Croatia in one of the first independent power projects in the country, including assisting in the preparation of the RFP, PPA, and government support package, negotiating documentation with possible participants, and evaluating proposals*
• A U.S. power corporation in the development of UK and European power generation projects, including structuring, negotiating, and drafting fuel supply arrangements*
• A global energy company in gas transportation arrangements relating to development of a major project in India*

*Prior to joining Baker Botts