Joe is a Partner in the Energy Group.
Joe advises lenders and sponsors on a number of project finance, acquisition finance, reserve base lending and other structured financings and has a particularly impressive track record in the upstream oil and gas sector, advising E&P companies and both multilateral and commercial lenders.
Joe advises on transactions across Europe and Africa including the UK North Sea, Egypt, Morocco, Nigeria and Ghana.
He is recommended for his trade finance and oil and gas expertise by leading directories Legal 500 UK and IFLR 1000, with the former styling him “very reactive, efficient and pragmatic”.
- Advising a syndicate of lenders, including DNB, ING, BNP Paribas, Citi and BMO on a US$1.5bn Reserve-Based Lending Facility for Chrysaor’s (backed by EIG and Harbour Energy) acquisition of a portfolio of Shell’s UK North Sea assets (2017) and the subsequent amendment and increase of Chrysaor’s RBL facility to US$3bn for their acquisition of ConocoPhillips’ assets in the UK North Sea (2019).
- Advising a syndicate including multilateral banks regarding an US$180m reserve-based senior facility agreement for Energean Oil & Gas to develop the Prinos Basin offshore of Greece.
- Advising lenders on a Reserve-Based Lending Facility with an initial availability of US$100m to the International Petroleum Corporation for its inaugural financing and subsequent increase in that facility to $200m.
- Advising a syndicate of banks on two banking facilities in favour of Faroe Petroleum to finance its expansion. A US$250 million Reserve Base Lending Facility and a NOK 1 billion Norway Exploration Financing Facility.