The firm’s expertise extends to a full range of legal services in connection with the oil and gas industry and representative companies.
Our wide-ranging practice in this field includes facilitating project development, such as securing financing and negotiating credit
and debt restructurings, addressing land rights issues, and dealing with permits, compliance requirements and regulatory statutes.
We act as counsel in major acquisition and divestment activities among noted energy companies and a variety of clients with interests in the oil and gas industry.
Examples from our case files include acting as Singapore counsel in an acquisition exercise by Schlumberger SA, a global supplier of technology, integrated project management and information solutions to customers in the oil and gas industry, of Geoservices SA, a privately owned French oilfield services company specialising in mud logging, slickline and production surveillance operations, for a total consideration (including net debt) of SGD1,070 million.
In the same capacity, our firm was instrumental in a divestment exercise involving the sale of shares and assets in various affiliated entities of NYSE-listed Dover Corporation, a leading manufacturer of specialized industrial products and equipment, to Cohu, Inc., a leading supplier of test handling and burn-in related equipment and thermal solutions used by the semiconductor industry, for a consideration of USD80 million.
We acted further as Singapore counsel in the acquisition of PSL Energy Services Limited and its subsidiaries, a process and pipeline company, by Halliburton Manufacturing & Services Limited, a leading provider of technology and reservoir-specific expertise in the well-site services industry, for a consideration of USD256 million; and acted for Germanischer Lloyd, an international inspection, certification and technical consultancy company as well as a ship classification society, in the acquisition of International Refinery Services Limited.
In all our negotiations and representations, we target the most efficacious, cost-efficient solutions to achieve desired results.
Moreover, the firm’s experience in mediation, arbitration and litigation add to the depth of our skill in addressing legal and financial issues connected with this critical industry.
We have also acted as counsel in an arbitration over dispute concerning EPC works for Oil Storage Tanks in Jurong Island, Singapore.
Contact
- Tan Chau Yee
- +65 6361 9850
- ChauYee@harryelias.com
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