Fieldfisher has advised companies in the oil and gas sector for over 50 years, and has built a team of experience lawyers who understand the issues, challenges and opportunities the industry encounters on a daily basis. A number of our team have worked in-house and with regulators and are members of energy sector trade bodies. Drawing upon the experience of our lawyers, we deliver greater added value to the legal service we provide to national and independent oil and gas companies, the support service industry as well as lenders and other financial institutions.
Through our network of European and international offices, supported where necessary by associated firms with whom we have developed close ties, we are able to advise clients in real time where ever they are conducting business. We have one of the largest CIS focussed legal teams in London, comprised of native CIS nationals, each of whom are dual qualified in England and many of the CIS countries.
We are experienced across the full oil and gas value chain and regularly advise companies on:
- New country entry and licence and concession applications
- Joint venture arrangements including AMI, joint bidding, unitization and joint operating agreements
- Asset acquisitions and disposals including asset swaps and farm-in and farm-out arrangements
- Exploration programme activity including seismic acquisition and processing, drilling and data sharing arrangements
- Development programme activity including pre-FEED and post FEED arrangements; engineering, procurement, installation and construction agreements
- Production programme activity including processing and refining, transportation, storage (including FPSO/FSU) and offtake arrangements for gas, liquids and LNG
- Decommissioning arrangements
- Marketing and distribution
- Support service agreements for the above.
We also advise companies in relation to their equity and debt financings, IPOs, mergers and acquisitions and group and debt restructuring
Notable deals / highlights
Acted for Strand Hanson and Mirabaud Securities on the admission of Lekoil to AIM and placing to raise $50m. Lekoil holds oil and gas exploration and production assets in offshore Nigeria and offshore Namibia.
Advising AIM-quoted oil and gas exploration and production company President Energy on a fundraising of $44.85m and associated acquisition of certain working interests in two oil and gas concession interests in the Chaco region of Paraguay.
Advised JSC KazMunaiGas Exploration Production, one of the largest oil and gas producers in Kazakhstan, on a number of transactions including the acquisition of a 50% interest in Mangistau Investments for $330m with associated debt of $1.3 billion from the China Export-Import Bank, and the sale of its 49% indirect interest in JSC Karpovskiy Severniy, holder of an oil and gas exploration license in Kazakhstan, to MOL.
Advised BP on the sale of its interest in and operatorship of the property and infrastructure assets at Wytch Farm, Dorset to Perenco, the largest onshore oil-field in Western Europe. This involved the sale and transfer of onshore well sites and processing terminals, dealing with onshore and offshore pipeline assets, dealing with third party and regulatory consents and planning and environmental issues.
Advised E.ON in relation to an underground gas storage facility in East Yorkshire, including extensive site assembly issues, planning agreement and consents for offshore and onshore pipelines.
Advised BP on the divestment of its southern North Sea gas assets, including advising on the property, planning and environmental aspects of an agreement for the sale and transfer of the property, onshore and offshore pipelines and infrastructure portfolio relating to the gas storage and processing terminals at Dimlington and Easington in the East Riding of Yorkshire (including the Dimlington to Easington Condensate Pipeline) to Perenco UK.
Advising Trap Oil on its AIM listing and placing raising £60m with a market capitalisation on admission of £80 million. Trap Oil holds oil and gas licences in the UK’s North Sea.
Acted for a listed client in respect of two joint ventures for two gas storage projects within the UK.
Advised Independent Oil and Gas on its initial public offering and admission to AIM, with a market capitalisation on admission of £14.2 million. Independent Oil and Gas holds oil and gas licences in the UK's North Sea.
Advised Mitra Energy in relation to the issue of convertible bonds, raising US$40 million for the company. Mitra Energy is an independent oil and gas exploration company focusing on exploration assets in the Asia Pacific.