The Golar Tundra will contribute circa 6.5% of Italy’s gas needs, bringing the Italian regasification capacity to more than 25% of demand.
Our experienced team of lawyers provides commercial balance and full legal services to clients across the entire global oil and gas value chain.
From extraction and processing to distribution, trading and financing, the oil and gas supply chain is highly interdependent. Our comprehensive understanding of every aspect of the industry enables our oil and gas specialists to work together on complex and multi-jurisdictional projects, transactions and disputes to help our clients achieve their commercial goals.
Our work includes advising on the acquisition and disposal of oil and gas assets, project development, investments and financing.
A particular strength is reserve-based lending where we advise on the financing of both development and producing assets globally. We also draw on the firm’s acknowledged expertise in the maritime sector to support clients whose activities involve complex offshore/floating assets such as FPSOs (Floating Production Storage and Offloading), FSRUs (Floating Storage Regasification Units) and LNG (Liquefied Natural Gas).
We count national oil companies, E&P companies, offshore services, storage and distribution companies, lenders (both commercial and multilateral) and investors (including private equity) among our clients.
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The Combination will be implemented by way of a court-sanctioned scheme of arrangement between SDX and its shareholders, with the former’s entire share capital being acquired by Tenaz.
In the sixth and final sector article of our Net Zero series, Partner Nick Walker and Senior Associate Valentina Keys look at what the UK’s Net Zero Strategy means for the greenhouse gas removals sector.