White & Case Advises Noble Energy on Major Gas Development Project in Equatorial Guinea
Global law firm White & Case LLP has advised Noble Energy on the development and monetization of the Alen gas field in Equatorial Guinea, West Africa.
As part of the development of the Alen gas field, Noble Energy and its partners have entered into a series of agreements to process natural gas from the Alen field through the existing Alba Plant gas processing facility and EG LNG's liquefied natural gas production facility located at Punta Europa, Bioko Island. The agreements in support of the development of the project were executed between Noble Energy and its partners, the Alba Plant and EG LNG plant owners, as well as the government of the Republic of Equatorial Guinea.
Noble and its partners will install a 24-inch pipeline capable of handling 950 million cubic feet of natural gas equivalent per day to transport all natural gas processed through the Alen platform approximately 70 kilometers to the onshore facilities at Punta Europa, Bioko Island. First production is anticipated in the first half of 2021.
Jay Cuclis, who co-led the White & Case team advising Noble Energy, commented: "It was a great privilege for us to have had the opportunity to work with the Noble in-house lawyers, commercial team and management in implementing this innovative and complex transaction to help create an offshore natural gas hub in Equatorial Guinea."
Noble Energy is an oil & gas company headquartered in Houston, Texas. Part of the Fortune 1000, Noble has operated for 87 years and owns a portfolio of assets onshore in the United States and offshore in the Eastern Mediterranean and off the west coast of Africa.
The White & Case team that advised Noble Energy on the transaction was led by partners Jay Cuclis and Saul Daniel and included senior associates Bryan Cory and Christopher Peponis, all in the Houston office.
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