About Eimear
Eimear Murphy is a transactional lawyer with over 10 years of experience advising clients in the upstream oil and gas financing market. She has advised borrowers, banks and international financial institutions on reserve based lending, acquisition finance and syndicated lending. Eimear has experience advising on cross-border transactions in Europe, Africa, Latin America and the Middle East, including several acquisition and bid processes in the upstream market.
Eimear was recognised by The Legal 500 UK 2020 and The Legal 500 UK 2021 as a “Rising Star” in Finance – Emerging Markets. She was listed as a key lawyer for Bank Lending: Investment Grade Debt and Syndicated Loans and was recommended by The Legal 500 UK 2021: ‘She is committed, proactive, a good communicator, and she demonstrates a deep understanding of the legal and commercial aspects of the oil and gas industry. This enables her to advise clients on more than the legal aspects of a transaction, which sets her aside as a legal adviser.’
Experience
Recent Notable Matters
NEO Energy — senior borrowing base facilities agreement and junior financing to, among other things, acquire Total’s UK North Sea Assets
Carlyle International Energy Partners — finance counsel in The Carlyle Group’s acquisition of Occidental’s entire onshore portfolio in Colombia for a total consideration of $825 million
Seplat Petroleum Development Company plc — $350 million revolving credit facility to fund the acquisition of Eland Oil Plc
ING Bank N.V. and a syndicate of lenders — US$900 million borrowing base facility for ONE-Dyas based on oil and gas assets in the UK, Netherlands and Gabon
Nephin Energy — advising the lenders in connection with a €150 million reserve based lending facility for Nephin Energy in connection with the Corrib gas field, offshore Ireland
Etablissements Maurel & Prom SA — extension to $600 million term loan facility with commercial banks and $200 million shareholder loan
Neptune Energy Group Holdings Limited — upsizing of senior secured reserve based lending facility to $2.6 billion
Zennor Petroleum — advising the lenders in connection with a £170 million facility agreement to fund the development of the Finlaggan gas condensate field in the UK North Sea
Etablissements Maurel & Prom SA — $600 million term loan facility entered into with a group of international banks to repay its existing indebtedness and fund the development of its assets in Gabon
Seplat Petroleum Development Company plc — $300 million financing secured by its oil and gas assets in Nigeria
Neptune Energy Group Holdings Limited — debt financing aspects of the $3.9 billion acquisition of a majority stake in ENGIE E&P International
Petrogas — $265 million senior secured borrowing base facility, as borrower to refinance existing facilities and finance the development of petroleum assets in Oman
Lenders to Siccar Point Energy — borrowing base facility agreement to partially fund the acquisition of OMV’s North Sea oil and gas business
FlowStream Commodities Limited — $200 million stream to Cairn Energy
Seplat Petroleum Development Company plc — $1.7 billion financing (comprising a revolving facility with international banks and a reserve based facility with Nigerian banks) in relation to oil and gas assets in Nigeria
Etablissements Maurel & Prom SA — up to $650 million revolving credit facility arranged by BNP Paribas, Crédit Agricole Corporate and Investment Bank, Natixis and Standard Chartered Bank
Société Générale and BNP Paribas — $100 million secured borrowing base facility to Irminio in relation to its Italian petroleum assets
Eni S.p.A. — sale of interests in Egypt’s super-giant Zohr field to Rosneft for $1.125 billion and BP for $375 million
Apache Corporation — disposal of its operated interest in the SAGE System, a major gas pipeline system and gas processing terminal in the UK, to Ancala Partners, and on Apache’s associated long-term gas transportation and processing agreement
Delek Drilling L.P. and Avner Oil Exploration L.P. — $1.75 billion financing for the development of the Leviathan gas field, offshore Israel
Petroceltic International plc — an independent oil and gas company with E&P interests in Algeria and Italy, in connection with a $500 million reserve based facility arranged by HSBC and IFC
HSBC Bank plc and European Bank for Reconstruction and Development — $100 million senior secured borrowing base facility to finance the development of the IPR Group’s petroleum assets in Egypt
HSBC Bank plc — $50 million senior secured borrowing base facility for the IPR Group, to refinance existing facilities and finance the development of IPR’s petroleum assets in Egypt
Sea Dragon Energy — $50 million reserve based loan and letter of credit facility provided by HSBC and BNP Paribas to finance Sea Dragon’s petroleum assets in Egypt
Abengoa Water and Sojitz Corporation — MIGA backed project financing of a water desalination plant in Accra, Ghana
Mandated lead arrangers — facilities agreement to finance the acquisition of Firmus Distribution, the Northern Irish gas distributor
Mandated lead arrangers — facilities agreement to finance the acquisition of Fortum Fjernvarme AS and related holdings from Fortum Oyj, a Finnish energy company
Lender — $420 million financing in relation to the development of an oil block in Venezuela
The Royal Bank of Scotland plc — £42 million reserve based facility for Bridge Energy (SNS) Limited to finance the development of UK North Sea assets
BNP Paribas and Société Générale — $84 million borrowing base facility for Carrizo Oil to project finance the development of the Huntington field in the UK North Sea
Publications and Speeches
“U.K. Government Continues the Fight for Shale,” Natural Gas World, 2015.