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 vessel is the first in a series of ten 190,000 deadweight LNG dual-fuelled bulk carriers.
Nearly a year on from the publication of the UK’s Hydrogen Strategy in August 2021, what progress have we seen?
Our Munich Hydrogen Summit gave insights into a number of current projects, looked closely at the regulatory framework they operate within and provided an overview of key considerations for the investment and financing of green hydrogen projects.
The sale was approved by the Italian Ministry of Ecological Transition which was the final condition to be satisfied in the sale and purchase agreement entered into between the parties.
We are delighted to invite you to a follow-up event to our ‘Investing in Egypt’s Hydrocarbon Sector’ organised by the Europe Chapter of AIEN and sponsored by Watson Farley & Williams.
Our third article in the Net Zero series looks at what the UK’s Net Zero Strategy means for the fuel supply and hydrogen sector.
In recent years, various factors – whether political, commercial or technical – have combined to accentuate the advantages of LNG to Power projects.
WFW advises junior lenders and arrangers on loan facility for US$926m acquisition of Shell’s Egyptian oil & gas portfolio4 October 2021
The assets acquired comprise Shell Egypt’s interest in 13 onshore concessions and its share in the Badr El-Din Petroleum Company.
Welcome to the first edition of Watson Farley & Williams’ global oil & gas newsletter – a publication in which our Energy Sector team reflects on what we are seeing in the Oil & Gas market.