At Bracewell (UK) LLP, energy and natural resources are the core areas of focus, and the firm's oil and gas practice remains central to its emerging markets offering. It has nevertheless continued to branch out into new areas, notably renewable energy. Jason Fox leads the practice and in his long career advising on upstream oil and gas matters he has advised on more than 150 reserve based lending (RBL) financings, as well as numerous other financings. Oliver Irwin and Eimear Murphy are recommended for cross-border financings and upstream oil and gas. Fox and Irwin acted for BP Exploration Operating Company Limited and Eni S.p.A. on their project to combine all of their Angolan oil and gas assets into a new incorporated joint venture, which included advice on a $2.5bn senior secured term loan facility structured as a pre-export financing. Olivia Caddy and Tom Jamieson also has extensive project development and finance experience in the energy sector. Solicitor advocate John Gilbert is among the partners who handle both conventional and renewable energy projects. Key partner Adam Blythe handles upstream, midstream and downstream M&A, project development and other commercial arrangements.
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Key clients
- BP Exploration Operating Company Limited and Eni S.p.A.
- Egyptian Refining Company (Takrir) S.A.E.
- Eldorado Gold Corporation and its subsidiary Hellas Gold S.A.
- Eni S.p.A.
- European Bank for Reconstruction and Development
- Fotowatio Renewable Ventures
- Impact Oil & Gas
- Marubeni Corporation and Al Jomaih Energy and Water Company/South Rabigh Renewable Company
- Maurel & Prom West Africa S.A.
- New Age (African Global Energy)
- Petraco Oil Company Limited
- Savannah Energy Plc
- Seplat Energy Plc
- Sungara Energies Limited
- Vaalco Energy, Inc.
Work highlights
- Advised Eni S.p.A and BP Exploration Operating Company Limited combined all of their Angolan oil and gas assets into a new incorporated joint venture.
- Representing Savannah Energy Plc in its acquisition of Exxon’s entire interest in the Doba oil field in Chad and its shareholding in the Chad-Cameroon Pipeline and floating, storage and offloading vessel for a total consideration of up to $407 million.
- Acted as international counsel to the mandated lead arrangers and lenders, comprised of Absa Bank Limited and the Mauritius Commercial Bank Limited, on the financing of the acquisition by Infinity Renewables Energy B.V. of Lekela Power B.V., the owner and operator of over 1 GW of operational wind projects across Africa.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
The lawyer(s) leading their teams.
Jason Fox