WFW advises Aban Singapore on North Sea blocks acquisitions20 October 2018
advised Aban Singapore Pte. Ltd on its acquisition of a 100% interest in two oil and gas blocks in the UK North Sea for a non-cash consideration of US$75m.
advised Aban Singapore Pte. Ltd on its acquisition of a 100% interest in two oil and gas blocks in the UK North Sea for a non-cash consideration of US$75m.
We advised Azinam Ltd on its divestment to ExxonMobil Namibia (PEL 44) Ltd, of a 30% stake in Petroleum Exploration Licence 44 (“PEL 44”) offshore Namibia.
This acquisition represents Mitsui’s first entry into the booming Taiwanese offshore wind sector.
This is the ninth completed OFTO sale.