Energy and natural resources

VAALCO Energy financing
The Standard Bank of South Africa Limited and a syndicate of lenders on a US$190 million revolving reserve-based lending financing, with an accordion option of up to US$300 million, made available to VAALCO Energy, Inc., a Texas-based leading Africa-focused oil and gas operating company, secured by its assets in Gabon, Egypt and Côte d'Ivoire.

Shell's onshore and shallow water assets
Representation of the lenders on the bifurcated stapled financings for Shell's onshore and shallow water assets in Nigeria acquired by Renaissance Africa Energy, a consortium of five Nigerian oil and gas companies.

Uzbekistan Green Hydrogen Pilot Project
Representation of the Ministry of Energy of the Republic of Uzbekistan and JSC Uzkimyosanoat on the establishment of a green hydrogen production facility to be developed in collaboration with ACWA Power Company of Saudi Arabia.

Umm Lulu, Satah Al Razboot (SARB), Bin Nasher and Al Bateel Offshore Concession
Representation of the State Oil Company of Azerbaijan Republic (SOCAR) on the acquisition from the Abu Dhabi National Oil Company (ADNOC) of a 3 percent participating interest in the Umm Lulu, Satah Al Razboot, Bin Nasher and Al Bateel offshore concession located in the United Arab Emirates.

Shah Deniz Offshore Gas-Condensate Field
Representation of Southern Gas Corridor on the sale and purchase agreement with MVM Group, an energy company owned by the Republic of Hungary, for the sale of a 5 percent stake in the Production Sharing Agreement for Shah Deniz offshore gas-condensate field and a 4 percent stake in Azerbaijan Gas Supply Company Limited, the special-purpose vehicle established for the marketing and sale of natural gas produced from Shah Deniz gas-condensate field.

Acquisition of upstream interests in Angola
Representation of Etu Energias, S.A, on its acquisition of a 20 percent interest in Block 14 and a 10 percent interest in the adjacent Block 14K – from French supermajor TotalEnergies and Japan's Inpex and related financing from African Export-Import Bank and BAI - Banco Angolano de Investimentos.

Divestment of upstream interests in Azerbaijan
Representation of the State Oil Company of the Republic of Azerbaijan (SOCAR) on the sale of a 15 percent participating interest in the Absheron gas-condensate field (located in the Azerbaijani sector of the Caspian Sea) to the Abu Dhabi National Oil Company.

Renewable energy projects in Azerbaijan
Representation of the Ministry of Energy of the Republic of Azerbaijan on a 240 MW wind power project (by ACWA Power) and a 230 MW PV project (by Masdar) – which will be the first foreign investment-based power and renewable projects in the region.

Gas processing project in West Africa
Representation of ANOH Gas Processing Company Limited, a gas processing company established by SEPLAT Petroleum Development Company Plc and the Nigerian Gas Company on the ANOH gas project, a 300MMscfd gas processing plant in Nigeria.

Acquisition of upstream interests in Nigeria
epresentation of TNOG Oil and Gas Limited, a related company of Heirs Holdings Oil & Gas Limited and Transnational Corporation of Nigeria Plc (Transcorp), on the highly innovative acquisition and acquisition financing of a 45 percent interest in OML 17 and related assets from Shell, Total and ENI in Nigeria.

LNG project in Southern Africa
Representation of the lenders on a landmark US$20 billion project financing of Mozambique's first onshore LNG development, Mozambique LNG, one of the largest ever foreign direct investments into Africa.

Satellite and telecommunications

South Asia and Australia
Representation of Natixis Corporate & Investment Banking and ING Bank N.V., Singapore Branch as mandated lead arrangers, original lenders and hedging providers, on the refinancing of the MEASAT-3b broadcasting and telecommunications satellite which provides coverage across Malaysia, Indonesia, South Asia and Australia.

Africa50
Representation of Africa50 on a partnership with Bayobab to develop Project East2West, a terrestrial fibre optic cable network connecting the eastern shores of Africa to those on the continent's west. The project will invest US$320 million to connect ten African countries, offer substantial improvements in data traffic and improve latency by almost two-thirds.

Indonesia Satellite
Representation of the lenders on the financing of the US$540 million Indonesia Government Multifunction Satellite Public Private Partnership (PPP) Project. Indonesia's Ministry of Communication and Informatics (KOMINFO) initiated the Government of Indonesia Multifunctional Satellite PPP Project to provide fast internet access to remote areas in Indonesia.

Norwegian Satellite
Representation of DNB Bank ASA as mandated lead arranger and lender on the financing of the Arctic Satellite Broadband Mission. The project, which will benefit from support from the Norwegian Export Credit Guarantee Agency (GIEK), is being executed and will be operated by Space Norway, a state-owned limited company that is managed by the Norwegian Ministry of Trade, Industry and Fisheries.