An international push towards a greener planet and lower carbon emissions means foreign investment into the African energy sector is on the decline.
Africa already competes with the Middle east, and now Mexico, for oil and gas investment, and with potential investors taking a more surgical approach, competition for available funds is hitting up. ALN understands that energy, most notably oil and gas, is different from any other industry. Our extensive local market knowledge supports our clients as they adapt and transform their businesses in response to the demand for cleaner energy.
Our experienced lawyers have a proven track record in handling significant oil and gas transactions for sophisticated regional and international clients, as recognised legal experts in the industry. We support a number of governments to review laws and regulations, and are regular contributors to the sector’s most respected publications and organisations.
Representative transactions include advising:
In connection with all aspects of the pipeline carrying oil from Northern Kenya to the ports of Mombasa and Lamu, incorporating environmental health, safety and social implications.
In connection with the development of the first ever oil refinery project in the country, valued at USD 4 billion.
One of the largest private equity firms in the United States, in connection with the acquisition of a majority of the share capital of a major oil & gas company which holds interest in upstream petroleum activities in Algeria, including structuring the deal and advising on all Algerian law regulatory aspects.
In connection with the exploitation of oil & gas in the Msari Akabli and other perimeters.
A wholly owned subsidiary of PT Pertamina (Pertamina), the Indonesian State-owned oil and gas upstream and downstream giant with major LNG interests, in connection with the acquisition of a 24.53% shareholding in Etablissements Maurel & Prom, a French company listed on Euronext Paris, and the subsequent voluntary tender offer by Pertamina for all Maurel & Promâs shares.
In connection with the impact of their takeover of British Gas in connection with its Kenyan assets, obtaining government approval for the deal and advising interested parties on acquisitions, concessions, exploration and production sharing contracts across the sector.
One of the leading global industrial gas US listed companies, in connection with two gas production and delivery agreements entered into with Sonatrach, the national state-owned oil company of Algeria.
A company registered in the Republic of Mauritius, which has subsidiaries in Tanzania, Kenya, Uganda, and Zanzibar, in connection with the proposed sale of its entire issued share capital to Total Outre-Mer S.A., a company registered in France, which operates in the oil and gas market.
A leading commodity trading company with a presence in multiple geographies, in connection with the acquisition of Hass Rwanda, a regional oil marketing company.