Distinguishing itself particularly in the context of financing matters, and ‘delivering quality technical work’, Cescon Barrieu is a prime choice for upstream, drilling, floating production storage and offloading (FPSO), oil royalties, and floating storage regasification unit (FSRU) deals involving novel structures and capital markets. Offshore asset transactions, M&A, tax and regulatory advice also feature among the team’s multidisciplinary capabilities. The practice is centred around Rafael Baleroni, whose ’great knowledge of the energy sector and applicable laws’ positions him well in assisting foreign clients with navigating the domestic regulatory framework pertaining to E&P, offshore assets, natural gas, and downstream ventures. Associate Beatriz Carvalho supports on offshore asset financing, natural gas contract matters, and M&A transactions.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Market knowledge and experience in different transactions makes them extremely prepared.’
  • ‘Rafael Baleroni is excellent. Multidisciplinary profile, ability to tackle different topics with great quality, always available.’
  • ‘Rafael Baleroni has great knowledge of the energy sector and applicable laws. He also has great knowledge of the general law of Brazil. It is impressive. In addition to all this, he provides professional service with great attention and a special focus on client service.’
  • ‘The oil and gas team really knows the market and acts responsibly with its clients, delivering quality technical work, which requires little internal review, sharing market intelligence.’

Key clients

  • GeoPark
  • Seadrill
  • Associação Brasileira de Produtores
  • Independentes de Petróleo e Gás – ABPIP
  • Nova Transportadora do Sudeste – NTS
  • Yinson Boronia
  • PetroRio
  • ING Bank
  • HAI Inovação e Serviços Tecnológicos
  • Norskan Offshore
  • DOF Navegação
  • Global Participaçoes em Energia

Work highlights

  • Advised a syndicate of lenders and export credit agencies on the $1.63bn project financing of the construction and chartering of SBM’s FPSO unit Buzios 7.
  • Advised a syndicate of lenders and export credit agencies on the $1.61bn project financing of the construction and chartering of SBM’s FPSO unit Mero 4.
  • Advised Seadrill on a variety of contractual, corporate and financial matters, including financings backed by drillship assets and revenues in Brazil, and participation in Petrobras bids.

Practice head

The lawyer(s) leading their teams.

Rafael Baleroni

Other key lawyers

Beatriz Carvalho