Igor Ostapets | White & Case LLP International Law Firm, Global Law Practice
Igor Ostapets
Igor Ostapets

Igor Ostapets

Partner, Moscow

T +7 495 787 3019 / + 7 495 787 3000

E iostapets@whitecase.com

“Practice head Igor Ostapets is singled out as a knowledgeable energy practitioner, who possesses outstanding expertise in M&A and financing mandates.”

Chambers Europe 2014

Overview

Igor Ostapets advises clients on both cross-border and domestic M&A transactions with a particular emphasis on the oil and gas, power, and metals and mining industries. He helps reduce complexity for clients in a challenging and fast-moving area, enabling them to successfully execute major transactions that evolve their businesses.

Igor has practiced in Russia for more than 15 years, and has developed a particularly deep knowledge of the local market and business climate. He has been involved in a significant number of complex transactions for both domestic and international clients, seeing deals through from planning to completion.

He advised Hess Corporation on the US$2.05 billion dollar sale of its Russian subsidiary, and has advised Russian clients on a number of significant international deals, including AAR Consortium, on the US$28 billion sale of its 50 percent stake in TNK-BP, one of the world's top ten privately-owned oil companies in the world.

Igor is frequently recognized by leading legal publications for both his M&A work and for his focus on energy and natural resources clients. He also advises clients on a number of other matters including privatization, corporate restructuring, insolvency, antitrust, corporate compliance and white collar and multi-jurisdictional disputes. In addition, he advises on project finance transactions, in particular in the oil and gas industry.

Bars and Courts

  • Qualified to practice law in the Russian Federation

Education

  • LLM, University of Michigan Law School
  • Law Degree, Belarus State University Law Faculty

Languages

  • English
  • Russian

Experience

Rosneft, 2014

Representation of Rosneft, the leading oil company in Russia and one of the world's largest publicly traded petroleum companies, in connection with the restructuring of its arrangements with Sibur for the processing of associated gas at the Yugragaspererabotka gas processing facilities.

AAR Consortium, 2013

Representation of AAR Consortium formed by three of Russia's leading investment, financial, and industrial groups – Alfa Group, Access Industries, and Renova on the US$28 billion sale of its 50 percent stake in TNK-BP, a leading Russian oil company and one of the world's top ten privately-owned oil companies in the world, to Rosneft, an oil and gas exploration and production company listed in Russia.

Hess Corporation, 2013

Representation of Hess Corporation on the US$2.05 billion sale of its Russian subsidiary Samara-Nafta to LUKOIL.

Access Industries, 2013

Representation of Access Industries on its acquisition of interest in Russian power generating companies TGK-6 and TGK-7.

TNK BP, 2012

Representation of TNK-BP in the sale of Novosibirskneftegaz and a 71.09 percent stake in Severnoeneftegaz, a Russia-based company engaged in development of oil fields and oil extraction, to a group of Russian and foreign investors owning assets in the Russian oil and gas industry.

TNK BP, 2010

Representation of TNK-BP on its US$1.8 billion acquisition of BP's upstream and pipeline assets in Vietnam and Venezuela.

Speaking Engagements

(co-author)

Publications

  • Article on enforcement of shareholders' (JV) agreements under Russian law, Mergers and Acquisitions, February 2006

Awards & Recognition

Leading Individual: Energy & Natural Resources - Russia, Chambers Europe 2014, Chambers Global 2014

Leading Individual: Corporate/M&A - Russia, Chambers Europe 2014, Chambers Global 2014

Leading Individual: Projects & Energy - Central & Eastern Europe, Chambers Global 2014

Chambers Europe 2014

"Practice head Igor Ostapets is singled out as a knowledgeable energy practitioner, who possesses outstanding expertise of M&A and financing mandates."

Chambers Global 2014

Igor Ostapets heads the energy and utilities practice in Moscow. He has considerable experience of M&A in the sector and is known for his "devoted client base."

Ranked Individual: Vedomosti Best Lawyers ranking, 2012