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Practice Experience
Adrian Lawrence is a senior associate in the Energy, Infrastructure, Project and Asset Finance Practice in London. He has a broad range of experience in project finance, banking, corporate and capital markets transactions, with a particular focus on oil and gas and petrochemical projects.
He has previously worked in our Doha, Hong Kong, Beijing and Moscow offices. During his time in our Doha office, he spent more than one year on part-time secondment to Qatar Petroleum’s Legal Department where he worked on a wide range of projects, commercial contracts and corporate matters.
Representative transactions include:
- Representation of the sponsors, Qatar Petroleum and Exxon Mobil, in connection with the US$10.3 billion Barzan Gas Project in Qatar, the largest single financing project ever undertaken in Qatar (including financing by way of commercial loans, Islamic financing instruments and export credit agencies);
- Representation of the State of Qatar in connection with its issue of sovereign bonds worth US$5 billion, the biggest issuance from the Gulf region in 2011. Citigroup, HSBC, J.P. Morgan, Mitsubishi UFJ Securities, QNB Capital and Standard Chartered Bank acted as Joint Lead Managers;
- Representation of Pandora Methanol LLC, a Texan subsidiary of the largest Egyptian fertilizer group, Orascom Construction Industries S.A.E., in connection with a US$125 million term loan to partially finance rehabilitation of its integrated ammonia and methanol plant, strategically located on the Gulf Coast in Beaumont, Texas;
- Representation of Saudi Basic Industries Corporation (SABIC) in connection with its US$3.28 billion joint venture with China Petroleum & Chemical Corporation (Sinopec) to acquire and operate a new petrochemical complex adjacent to Sinopec's existing refineries in the coastal municipality of Tianjin, which will consist of a one million ton per annum ethylene cracker and downstream derivative units that will produce 2.2 million tons of chemical and petrochemical products annually;
- Representation of Japan Bank for International Cooperation (JBIC) and the commercial lenders (The Bank of Tokyo-Mitsubishi UFJ, Mizuho Corporate Bank, Sumitomo Mitsui Banking Corporation and Standard Chartered Bank) in connection with a US$360 million methanol project in Brunei, the first international project financing in Brunei Darussalam;
- Representation of Bank of China, Standard Chartered Bank, Industrial and Commercial Bank of China, Calyon, The Hongkong and Shanghai Banking Corporation, Standard Bank Plc and Sumitomo Mitsui Banking Corporation in connection with the US$1.5 billion acquisition financing for China Oilfield Services Limited, an affiliate of CNOOC Ltd, in its US$2.5 billion acquisition of Awilco Offshore ASA, a Norwegian oil and gas drilling contractor;
- Representation of the respective Qatargas project companies in connection with ongoing pre- and post-completion matters (as applicable) on the US$6 billion Qatargas 4 LNG project (the sponsors are Qatar Petroleum and Shell), the US$5.8 billion Qatargas 3 LNG project (the sponsors are Qatar Petroleum and ConocoPhillips), and the US$11.2 billion Qatargas 2 LNG project (the sponsors are Qatar Petroleum and Exxon Mobil);
- Representation of MI Energy Corporation (MIE), an energy resources corporation with interests in various oilfields in the PRC, MIE Holdings Corporation (MIEH), MIE's holding company, and Far East Energy Ltd., one of the shareholders of MIEH, in connection with (a) a US$150 million borrowing base facility from Standard Bank; (b) a US$5 million equity investment by Standard Bank in ordinary shares of MIEH and a US$8 million option to Standard Bank to purchase ordinary/preferred shares in MIEH; (c) a US$53 million investment by TPG in preferred shares of MIEH; and (d) a US$200 million refinancing of the Standard Bank facility by CITIC Ka Wah Bank and China CITIC Bank, and restructuring of hedging arrangements provided by Standard Bank;
- Representation of China Development Bank (CDB) in connection with the financing of telecommunication and infrastructure projects and corporate lending to telecommunication and infrastructure companies throughout Africa, Asia and Central Europe;
- Representation as common counsel, the export credit agencies, multilateral lenders, and commercial bank lenders in connection with the US$20 billion project financing of the Sakhalin II (Phase 2) LNG Project in Russia;
- Representation of Bank of China (Hong Kong) and certain other branches/affiliates of Bank of China (Beijing) in various capacities (including arranger, lender, agent) in connection with a number of financings to Chinese oil and gas / petrochemical companies totaling more than US$5 billion;
- Representation of the International Finance Corporation in connection with the grant of loans of up to US$30 million to Jiangsu SHD New Materials Co., Ltd., Weihai Blue Star New Technology Glass Co., Ltd. and Beijing Qinchang Glass Co., Ltd., as borrowers, Chinese subsidiaries of China Glass Holdings Limited (Hong Kong). The loans will be used for financing projects to improve their energy efficiency and other aspects of their environmental performance, and to manufacture more energy efficient products;
- Representation of the European Bank for Reconstruction and Development (EBRD) in connection with its ongoing Trade Facilitation Programme that promotes foreign trade with EBRD’s countries of operations from central Europe to central Asia. The Programme has guaranteed and financed more than 11,000 foreign trade transactions totalling in excess of €7.2 billion;
- Representation of Hess Corporation in connection with a $25 million acquisition in the Russian oil and gas sector in Russia's Volga-Urals region;
- Representation of Pakistan Mobile Communications Limited (a subsidiary of Orascom Telecom Holding S.A.E.) in connection with its Rule 144A/Regulation S high yield offering of US$250 million 8.625% Senior Notes due 2013, the first high yield bond issued by a Pakistani corporate issuer (underwritten by ABN AMRO and Deutsche Bank); and
- Representation of a contractor in connection with UNCITRAL arbitration proceedings in respect of disputes arising from the construction of a hydroelectric power plant in South America.
Bars and Courts
New York State Bar, 2004
Solicitor, England and Wales, 2005
Solicitor, Hong Kong (non-practicing), 2010
Education
LPC, College of Law, York, 2003 LLM, Economics and Law, University of Manchester, 2001 LLB, University College London, London, 2000
Languages
English
Citizenship
British
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