Nicholas Neuberger is a corporate lawyer with a particular focus on international transactional matters within the energy sector. He has advised on a wide range of cross-border acquisitions in both the public and private sectors. Nicholas has also represented clients on capital markets transactions, as well as general corporate matters.
His recent engagements include work on one of the first floating liquefied natural gas (LNG) projects in the world.
Recent Notable Matters
Hellenic Republic Asset Development Fund (HRADF) — Joint sale (with Pan European Oil and Industrial Holdings SA) of 50.1 percent of the shares of Hellenic Petroleum SA, Greece’s largest oil refiner with a market capitalisation in excess of €2.33 billion. The transaction is expected to be Greece’s largest privatisation so far.
Impact Oil & Gas Ltd — financing arrangements for the acquisition of an interest by Main Street 1549 Proprietary Limited (a Black Economic Empowerment company) in the Exploration Right for Block 11B/12B (offshore South Africa) and the first exploration well to be drilled on the block, and the associated $35M equity placing, as lender
Ophir Energy plc — $2 billion floating LNG project offshore Equatorial Guinea, including host government arrangements, LNG sales agreements, chartering agreements, joint venture arrangements, project financing, and construction
Apache Corporation — disposal of its operated interest in the SAGE System, a major gas pipeline system and gas processing terminal in the U.K., to Ancala Partners, and on Apache's associated long-term gas transportation and processing agreement, and various other North Sea business matters
Sterling Resources (UK) Ltd — financial restructuring of the group, by way of a rights offering in the Canadian listed parent company followed by a debt-for-equity swap in order to pay down existing Norwegian bond debt and putting in place a new super senior revolving credit facility and intercreditor
Genel Energy plc — business in Kurdistan and elsewhere, including on the development and commercialization of its Miran and Bina Bawi gas discoveries for export to Turkey, the acquisition of OMV’s interest in the Bina Bawi Block, the farm-down of the Chia Surkh block, crude transportation and marketing arrangements
BG Group — acquisition of a 78 percent interest and new country entry into blocks IV and VI, Mongolia
San Leon Energy plc — farm-out of a 60 percent interest in various on-shore oil and gas licenses in Poland to Palomar Natural Resources
Mercuria Energy Group — investment in Andes Energia PLC (now merged into Phoenix Global Resources), an AIM listed company with assets in the Vaca Muerta formation, and a related convertible loan
Fairfield Energy — $150 million investment by private equity firm Riverstone Holdings LLC through a subscription for shares