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Bracewell Represents Eni on Sale of Assets in Egypt

LONDON – Bracewell (UK) LLP represented IEOC Production B.V., a subsidiary of Eni S.p.A., on its sale of a package of interests in onshore upstream oil and gas concessions in Egypt to Apex International Energy. The assets include interests in the Ras Qattara, West El Razzak, East Kanayis, East Obaiyed, South West Meleiha and West Abu Gharadig concessions.

Alastair Young, who led the Bracewell team on the transaction, commented: “We were thrilled to assist Eni’s team on this transaction. It was great to work with Eni in Egypt again, having first worked with Eni in Egypt on its successful sales of interests in the supergiant Zohr gas field in 2016. We wish Apex all the best as it continues to develop its business in Egypt.”

Bracewell lawyers involved in the transaction include:

Partners: Alastair Young and Adam Blythe

Senior Counsel: Nicholas Neuberger

Senior Associate: Catherine Todd