WFW advises IPR on acquisition of Egyptian oil & gas portfolio from DGE
IPR is a leading private E&P operator in Egypt with nine concessions and a strong track record of enhancing the recovery of mature producing oil and gas fields.
IPR is a leading private E&P operator in Egypt with nine concessions and a strong track record of enhancing the recovery of mature producing oil and gas fields.
WFW has topped inspiratia’s global renewables rankings by deal count for the seventh consecutive quarter. It also leads this quarter’s transaction volume table.
The project will include the development of a carbon measurement tool, enabling the industry to measure and understand waste and carbon impacts, with the aim of eliminating the negative environmental effects of production and working towards a carbon neutral future.
Watson Farley & Williams (“WFW”) is delighted to announce that Cyrille Gogny-Goubert has joined the firm’s Paris office, establishing an on-the-ground real estate practice in France for the first time.
The portfolio comprises 73 plants which produce over 355,000 MWh annually, representing enough clean electricity to supply more than 115,000 households.
WFW carried out the due diligence and the drafting and negotiation of the share purchase agreement executed within the framework of the deal.
The first drawdown refinanced indebtedness in relation to nine VLCCs and three Suezmaxes and security included Belgian, Greek and French mortgages over these ships.
The programme aims to to build supply chain resilience to address disruption and decarbonise the wider global supply chain with a focus on shipping.
The loan is secured over three large container ships operated by Maersk A/S, a subsidiary of AP Moller Maersk.
WFW advised on matters of Marshall Islands, Liberian, Thai and maritime law and also, through our formal law alliance in Singapore with Wong Tan & Molly Lim LLC, Singapore law.