Countdown to COP: Oil & Gas25 October 2023
In this episode, Mhairi Main Garcia and Joe Levin discuss the important role of the oil and gas industry in the drive towards achieving net zero, placing a huge responsibility on the sector.
In this episode, Mhairi Main Garcia and Joe Levin discuss the important role of the oil and gas industry in the drive towards achieving net zero, placing a huge responsibility on the sector.
BW Energy has acquired 100% of the operated working interest in the Golfinho cluster.
Philip’s practice focusses on emerging market and development finance lending, including blended finance and ESG.
The acquisition constituted a reverse takeover under the AIM Rules.
Watson Farley & Williams has advised Mauritius Commercial Bank as agent and lender on an up to US$110m reserve-based lending facility and an up to US$30m working capital facility granted to Afentra Ltd for the acquisition from INA-Industrija d.d. of 4% interests in Block 3/05 and Block 3/05A offshore Angola in the Lower Congo Basin.
The facility will be used initially to further finance and develop the Dussafu license offshore Gabon.
This was afollow-up event to our ‘Investing in Egypt’s Hydrocarbon Sector’ organised by the Europe Chapter of AIEN.
The loan will fund Energean’s further investment in the Epsilon, Prinos North and Prinos operating oil fields in Sea of Thrace.
The assets acquired comprise Shell Egypt’s interest in 13 onshore concessions and its share in the Badr El-Din Petroleum Company.
IPR is a leading private E&P operator in Egypt with nine concessions and a strong track record of enhancing the recovery of mature producing oil and gas fields.
The acquisition makes Chrysaor one of the largest net oil and gas producers in the UK North Sea.
These facilities support Energean’s development programme for the Prinos, Prinos North and Epsilon operating oil fields.