Ashurst Advises on the Proposed Sale of Merlon Petroleum to SOCO
International law firm Ashurst is advising Merlon International LLC, a Delaware company, in relation to the agreement to sell its subsidiary company Merlon Petroleum El Fayum Company, which owns oil & gas assets in Egypt, to SOCO International plc, which is listed on the Official List in London. ...Ashurst Comment: Brexit Technical Notice - Oil and Gas
The UK Government has today published the second tranche of technical notes, outlining the government's preparations for a no-deal Brexit. Commenting on the technical notice on how oil and gas energy businesses would be affected if the UK leaves the EU with no deal, Julia Derrick, oil and gas partn ...Ashurst comment: Oil & Gas UK Economic Report 2018
Commenting on Oil and Gas UK's Economic Report 2018, Michael Burns, oil and gas partner at law firm Ashurst, said: "The report confirms just how resilient the UK oil and gas industry has been, and there is certainly a 'good news story' to be told in terms of continued reductions in development an ...Ashurst Advises EnQuest on £107 Million Rights Issue
International law firm Ashurst is advising EnQuest PLC on its £107 million rights issue and in relation to two class 1 transactions. EnQuest is one of the largest independent UK oil producers in the UK North Sea with production from offshore fields in the UKCS and Malaysia. Its shares are listed on ...Ashurst Advises Vedanta on US$551 Million Oil and Gas Block Bids
International law firm Ashurst is advising longstanding client Vedanta Resources plc on the successful bid by its subsidiary, Vedanta Limited, for 41 exploration blocks in sedimentary basins throughout India to pursuant to the Government of India's Open Acreage Licensing Policy (OALP). The 41 blo ...
International law firm Ashurst advised OMV, the international integrated oil and gas company based in Vienna, on its US$1.5bn acquisition of a 20 per cent participating interest in the two concessions for the offshore oil fields Umm Lulu and Sateh Al Razboot (SARB) (with the satellite fields Bin Na ...Ashurst Comment: OPEC-Non-OPEC Joint Ministerial Monitoring Committee
Ahead of the OPEC-non-OPEC Joint Ministerial Monitoring Committee meeting tomorrow in Jeddah, Michael Burns, oil and gas partner at law firm at Ashurst, comments: "So much has happened over the last few months that Friday's meeting in Jeddah is sure to have a lot of issues to consider. Whilst ...Ashurst Advises on the Sale of a 50% Stake in Barryroe Field in Ireland
International law firm Ashurst is advising Providence Resources plc ('Providence'), the Irish based oil & gas exploration company, and Lansdowne Oil and Gas plc on a farm-out agreement ('FOA') with APEC Energy Enterprises Limited ('APEC') relating to standard exploration licence ('SEL') 1/11, conta ...2018 - Our Oil and Gas Predictions
Ashurst:We set out below our top predictions for the global oil and gas industry 2018. 1. Oil price stability With the oil price pushing through to the US$70 mark, and further confidence that the price will remain more stable this year, we will see international oil companies (IOCs) looking to "r ...
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