Low oil prices are driving evolution in the industry, with the current conditions leading to an increase in market consolidation and risk-sharing contracts. Distressed asset sales and restructuring issues are also becoming more prevalent. This is changing the ways companies seek capital, with private equity firms raising capital for new investments into the industry.
We are a leader in multinational oil and gas pipelines and liquefied natural gas projects markets, with vast experience of completing complex cross-border projects. Our industry expertise includes the full range of oil and gas transactions throughout the entire value chain, from upstream to downstream, including production, distribution and trading.
The shale gas boom in the United States and around the world is transforming the liquefied natural gas (LNG) industry. The continued development of shale gas plays in the United States will likely create additional LNG export opportunities, with many existing import terminals embarking on major modification projects to add export capacity.
The globalization of the oil and gas industry and new market trends mean that National Oil Companies (NOCs) are facing increasing challenges and new commercial and jurisdictional demands on their business models and strategies.
Lawyers in our Global Oil and Gas Practice Group have been advising some of the world’s largest NOCs for over 50 years. We have a deep understanding of the issues faced by NOCs and how an NOC's perspective will often differ from international oil companies or independents.
Hydraulic fracturing and horizontal drilling have served as catalysts in the current US shale oil and gas boom. This shale oil and gas revolution in America has led to the prospect of exploration in Latin America, China, India, Australia, the UK, Poland, Spain, Germany and other European and Asian countries.
Our lawyers have a comprehensive understanding of the issues and opportunities in the shale market that mean the most to your success. When you work with our oil and gas team, you also benefit from the support of our wide network of practices that provide an interdisciplinary team approach to transactions and problem solving.