Oil & Gas
Attorneys in Chadbourne’s oil & gas practice have been serving industry leaders for many years. Specialists in the practice have extensive transactional and regulatory energy experience, and draw from our internationally renowned energy and project finance group and our top-tier Russia, CIS & Central Europe practice group. Our clients include oil and gas companies, from independents focusing on upstream activities, to fully integrated oil companies, pipeline companies and consortia, as well as commercial banks, multilateral agencies, investment banks and other providers of financing for energy projects. We also have represented governments, energy associations and end-consumers of energy.
Liquefied Natural Gas (LNG)
In the domestic and international LNG industry, our attorneys have advised clients on all aspects of the development and financing of LNG facilities, including development structures and agreements, transaction risk analysis and allocation, joint venture structures and agreements, LNG sale and purchase transactions, LNG transportation and related port usage and services agreements, LNG tolling agreements, LNG terminalling and regasification services agreements, LNG and liquid fuel management agreements, and LNG vessel construction, financing and transportation agreements. We also have extensive experience with other agreements typically present in LNG projects, such as facilities and equipment engineering and construction contracts, operation and maintenance agreements, and power and utilities services contracts.
Pipeline Development and Finance
An important part of our oil & gas practice is our work on oil and natural gas pipeline projects. In this context, we have drafted, negotiated and reviewed pipeline transportation agreements for oil and natural gas pipeline projects, and have advised lenders and developers with respect to non-recourse and limited recourse financings for the construction and operation of these facilities.
Exploration and Production (E&P)
Attorneys in our oil & gas practice advise clients on all aspects of the exploration and production of hydrocarbons. In this regard, we advise clients on concessions, leases, farm-out agreements, production sharing agreements, risk service contracts, international joint operating agreements and other joint venture arrangements for hydrocarbon extraction. We also advise clients on the acquisition and disposition of oil and gas properties. Additionally, we work with governments and state-owned enterprises on privatizations, production sharing legislation, mineral licensing and other petroleum legislative regimes.
A significant component of our practice involves structuring and negotiating non-recourse and limited recourse financings for oil and gas field development projects. Our attorneys’ significant experience in project financed transactions enables us to advise both lenders and developers on the financeability of E&P projects.
Refining, Processing and Storage
In addition to pipeline projects, Chadbourne attorneys have worked on other midstream projects, such as refining and processing projects and natural gas storage projects.
Attorneys in the oil & gas practice also are well-versed in federal and state regulation of natural gas pipelines and local gas distribution systems in the United States. We have represented industrial end-users and independent power developers in interstate gas pipeline proceedings in front of the United States Federal Energy Regulatory Commission and the United States Courts of Appeal and have participated in proceedings before various state public utility commissions concerning local gas distribution services. In connection with that work, we have participated in numerous proceedings involving the restructuring of the interstate gas industry in the United States and have advised clients on the impact of these proceedings on gas supply and transportation services.
Privatization/Acquisition, Energy Investment and Transport
Our oil, gas and LNG practice attorneys have advised lenders, participants and governments on various aspects of international energy privatizations and investments.
LNG Project Financing
Structure of the commercial arrangements for the multi-phased multibillion dollar Shtokman LNG project, including upstream ownership and operations, ownership and operation of the liquefaction trains, and downstream marketing and trading of LNG and regasification.
Sale of Shares
China National Petroleum Corporation
$1.3 billion sale of equity interest in a Kazakh energy company to KazMunaiGaz, the Kazakh state-owned oil and gas company.
Rule 144A Offering for Pipeline System
Gulfstream Natural Resources, LLC
Rule 144A offering of $850 million senior unsecured notes for a joint venture of Duke Energy Corporation and The Williams Company, Inc., to finance the Gulfstream pipeline.
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