Foreign firms in Angola

Abreu Advogados

The Angola desk at Abreu Advogados has experience across a range of practice areas, from M&A and corporate regulatory advice, co-ordinated by Fernando Veiga Gomes, to arbitration and litigation, managed by fellow practice head Guilherme Santos SilvaJosé Eduardo Martins has public law and energy sector expertise, recently leading advice to AEnergy on the implementation of an Angolan 750 MW combined-cycle plant project. Clients include major international banks and investors, as well as key companies in a number of Angola's central industries. Further names to note from the sizeable team are M&A specialist José Maria Corrêa de Sampaio and tax expert Mariana Gouveia de Oliveira. João Bravo da Costa joined the firm in April 2021.

Practice head(s):

Fernando Veiga Gomes; Guilherme Santos Silva

Other key lawyers:

José Eduardo Martins; José Maria Corrêa de Sampaio; Mariana Gouveia de Oliveira; João Bravo da Costa

Key clients

Africatel Holdings BV

PT Ventures SGPS

ACREP

Standard Chartered Bank

Bauer Angola

Work highlights

  • Advised Africatel Holdings on the sale of its Portuguese subsidiary PT Ventures SGPS.
  • Assisting ACREP on the acquisition of the share capital of a company that belongs to an insolvency estate of a Portuguese company (Galilei Internacional).
  • Acting for Seguradoras Unidas on the bid for the sale of its stake in insurance company Tranquilidade Angola and the incorporation of Tranquilidade Mozambique.

Eversheds Sutherland FCB

Eversheds Sutherland FCB is the result of the combination of international firm Eversheds Sutherland (International) LLP and FCB Advogados. In Angola-related matters, the firm works closely with its local partner EVC Advogados; recently, it has seen an uptick in instructions in the finance, oil and gas, and real estate sectors. João Robles co-ordinates the Angola desk and has extensive corporate and M&A experience as well as strength in real estate matters. Pedro Guimarães is another name to note and has co-led with Robles on recent projects in the oil industry. Rodrigo Barbosa Souto adds further real estate expertise.

Practice head(s):

João Robles

Other key lawyers:

Pedro Guimarães; Rodrigo Barbosa Souto

Key clients

Chevron

Conocophillips

Modec

BNI

Teixeira Duarte

Vodafone

AG Melco (Mitsubishi Group)

BNP Paribas

Turkish Airlines

IATA

Work highlights

  • Advised BNP Paribas on four facility agreements with the Angolan Government for the acquisition of Volvo and Scania buses for the municipality of Luanda.
  • Assisted the Elevo Group with the negotiations of a security package involving all of its Angolan subsidiaries in the context of a loan facility granted by Njord LLP to Elevo.
  • Acted for Modec in corporate and foreign exchange matters related to the implementation of a project in Angola for the provision of floating solutions for the offshore oil and gas industry.

Miranda & Associados

Guiding clients through the full life-cycle of projects, Miranda & Associados has over 30 years of experience in the Angolan market and has a particularly strong client base in the oil industry. The firm's work in the jurisdiction is overseen by oil and gas and tax expert Rita Correia, while Mafalda Oliveira Monteiro handles banking and finance matters. Nuno Marques Antunes also has expertise in the oil industry and is experienced in advising on projects in Lusophone African jurisdictions.

Practice head(s):

Rita Correia

Other key lawyers:

Mafalda Oliveira Monteiro; Nuno Marques Antunes

PLMJ

PLMJ's Angola desk focuses on foreign investment and has a diverse client base, which expanded further in 2019 with additional clients in the steel, agriculture, LNG and telecoms industries. Inês Pinto da Costa has experience in the infrastructure sector and Ruben Brigolas, promoted to managing associate in January 2020, is active in Angola-related matters, specialising in energy and mineral resources. BCSA – Advogados is the firm's local partner. Bruno Xavier de Pina left the firm in May 2021.

Other key lawyers:

Inês Pinto da Costa; Ruben Brigolas

Key clients

TAP Air Portugal

Grupo Águas de Portugal

Atlético Petróleos de Luanda (Petro Atlético de Luanda)

Sodosa S.A.

ThyssenKrupp

TechnipFMC

Banco de Fomento de Angola

Mercadão Mangolê

Luena Plaza

BayQi

Milbridge

Work highlights

  • Advised TAP Air Portugal on a significant foreign exchange matter involving Angola.
  • Advising Águas de Portugal on contractual issues relating to water supply contracts in different municipalities in Angola.
  • Assisted Banco Fomento de Angola in the debt restructuring process of a loan agreement between BIOCOM, as borrower, and BFA, as lender.

Raposo Bernardo

'Fast acting, with an international vision', Raposo Bernardo covers Angola's key markets, with a particularly impressive banking and finance practice that is instructed by a number of major international banks. Managing partner Nelson Raposo Bernardo co-heads the Angola office and leads on banking and finance deals. Ana Cláudia Rangel is recommended for her 'astute leadership' and works between Lisbon and Luanda, as does corporate and finance expert Júlio Martins Júnior. The aviation and energy sectors are other areas of strength for the firm.

Practice head(s):

Nelson Raposo Bernardo; Ana Cláudia Rangel; Júlio Martins Júnior

Testimonials

Raposo Bernardo’s team is fantastic. Our opinion could not be better, for they always exceed all expectations. I appreciate many aspects but resilience, the capacity for innovation and the way they give fresh air to the subjects are the ones that impress me the most. Obviously they are also very deep and rigorous in the analysis of matters, have excellent lawyers and very well prepared technically.

‘For larger projects and more complex issues, Nelson Raposo Bernardo is indispensable, our favourite lawyer. In Nelson Bernardo, I always get attention to the great cunning and speed of facing difficulties and turning a seemingly adverse scenario into an advantage for our company, which is very useful in negotiations or in more difficult phases of a project. He is a great lawyer, extremely thorough, is the lead on more complex operations, in defining the strategy, to conduct operations such as finding solutions to complicated problems.

‘I have the best possible opinion of the law firm Raposo Bernardo. They are very responsible in the work they do, and we know that we can always count on their help, which gives us the necessary security in any matter. I would like to highlight the following strengths of Raposo Bernardo: reliability, honouring commitments, meeting and anticipating deadlines, explaining everything clearly, knowing the problems that will arise and warning us beforehand how to avoid or solve them, being specialists in finding effective solutions, knowing everyone in the market, being known and most respected.

Ana Cláudia Rangel has astute leadership and she is always available. It is a sincere privilege to work with her and also with Nelson Bernardo who is our adviser for strategic transactions and business development. Nelson is always present in the most complex situations. His legal background comes from a long-distance and he is a true top lawyer, who is always sought for the most complex operations.

‘Raposo Bernardo always prioritize understanding how our sector activity fits into our wider business strategy and the key risks and opportunities that this presents. Their attention to our specific needs means that they are focused in providing legal and strategic advice.’

All the lawyers we have been dealing with in Angola are good and competent, always ready to solve any question and for that we use Raposo Bernardo team in a full service perspective.

Raposo Bernardo & Associados is practical with its advice and bold with its solutions. They have this particular way of relating with its clients which is fantastic, bringing emotional as well as legal intelligence to the issues.

VdA

A diverse client base that includes multinationals in a range of sectors instructs VdA on matters in Angola. Day-to-day regulatory advice to oil companies is a standout specialism of the team, which is also strong on mining, agriculture and banking. João Afonso Fialho heads the oil and gas practice group as well as focusing on mining and shipping and Paulo Trindade Costa leads on M&A, restructurings and corporate finance matters. Rui Andrade in labour law and Samuel Fernandes de Almeida in tax have also both been involved in recent highlights in the jurisdiction. In recent developments, José Miguel Oliveira was promoted to partner in 2021. Ângela Viana is a name to note at the non-partner level.

Practice head(s):

João Afonso Fialho; Paulo Trindade Costa

Other key lawyers:

Rui Andrade; Samuel Fernandes de Almeida; José Miguel Oliveira; Ângela Viana

Key clients

KT – Kinetics Technology, SPA

Schlumberger

Meteo France International

TechnipFMC

BIOCOM

Odebrecht

Work highlights

  • Assisting Kinetics Technology on the modernisation and expansion of a Luanda refinery.
  • Advising Angolan bioethanol, sugar and electricity producer Biocom on all its activities, mainly with the restructuring of two loans.
  • Advising Meteo France International on the implementation of a modernisation project for the Angolan National Metereological Service.

Clifford Chance LLP

Demonstrating 'a fantastic level of technical expertise and critical thinking', Clifford Chance LLP's work in Angola has a particular focus on financing in the energy sector, with London-based partners Jeremy Connick and Leonard Cleland leading on projects in this area. Senior associate Kayode Oladipo is a key contact for the jurisdiction and the firm's Amsterdam and Frankfurt offices have also been active on recent financing and disputes matters, respectively. Pieter Van Welzen left in April 2020.

Practice head(s):

Jeremy Connick; Leonard Cleland

Other key lawyers:

Kayode Oladipo

Testimonials

Not only they are top lawyers in all aspects in respect of English law, but they also have very good knowledge of local laws and practices and are familiar with the country and its main players. They have evidenced excellence in their work, innovative skills and high ethical standards.

They are a great team (very commercially/sector orientated) with a fantastic level of technical expertise and critical thinking.

Clifford Chance’s banking team have been advising clients and have a significant experience in cross border transactions to Portugal, Angola and Mozambique and have shown very good knowledge of local laws and practices.

CC’s team working on Angolan matters has shown a comprehensive approach to the local matters, a sensitivity to what might be problematic issues as well as a pragmatic and constructive approach to such issues.

CC’s team has a profound knowledge of the Angolan environment and its challenges and has an in depth approach to the Angolan matters. The entire team works in unity and in a very pragmatic manner.

Key clients

GE Capital EFS Financing Inc.

Gemcorp Capital LLP

Credit Suisse AG, London Branch

HSBC

VTB Capital

Africell Holding Ltd

Work highlights

  • Advising GE Capital EFS Financing as the original lender in relation to the refinancing of a S$1.1bn term facility agreement entered into with the Ministry of Finance of the Republic of Angola for the purchase of turbine generator equipment and related services.
  • Acting for GemCorp in its capacity as arranger in an up to $1bn revolving and term buyer-credit facilities agreement for the financing of equipment and other goods for the Republic of Angola.

Mayer Brown

Significant oil and gas projects are the focus of Mayer Brown's work in Angola, with energy-sector experts from its Houston and Brazil offices active in projects in the jurisdiction. Alexandre Chequer heads the firm's global oil and gas group; Gonçalo Falcão in Rio de Janeiro and Norman Nadorff in Houston are additional contacts.

Practice head(s):

Alexandre Chequer

Other key lawyers:

Gonçalo Falcão; Norman Nadorff

Morais Leitão, Galvão Teles, Soares da Silva & Associados

Morais Leitão, Galvão Teles, Soares da Silva & Associados maintains a strong offering in Lusophone Africa, with its Portuguese offices partnering with local firm ALC Advogados in Angola. The team covers a variety of practice areas and stands out in banking and corporate law. André de Sousa Vieira, who joined in February 2020, leads finance matters from Porto, and Lisbon-based Claudia Santos Cruz draws on significant experience in investments in emerging markets when taking a lead on the department's major transactions. The team was further strengthened by the arrival of Bruno Xavier de Pina as a consultant in May 2021.

Practice head(s):

André de Sousa Vieira; Claudia Santos Cruz

Other key lawyers:

Bruno Xavier de Pina

Testimonials

A firm with strong skills and also an important knowledge of regulatory and financial matters.

Work highlights

  • Acted for an international banking syndicate based out of London and Dubai on a $700m single currency revolving facility for a Dubai-based company.
  • Advised a client as bidder in the auction process for the purchase of two insurance companies, including advising on the due diligence of the target companies.
  • Assisting a company and its shareholder in the United Kingdom, on a debt restructuring.

CMS

The Lisbon office of CMS fields a dedicated Lusophone Africa team of eight lawyers, whose multi-disciplinary expertise has recently attracted instructions from clients in the real estate, banking and oil and gas sectors, among others. Practice head Alberto Galhardo Simões joined in September 2019 and has over 25 years of experience in corporate and M&A, infrastructure and project finance. Gonçalo Guerra Tavares has public law expertise. Tiago Machado Graça is also a key contact.

Practice head(s):

Alberto Galhardo Simões

Other key lawyers:

Gonçalo Guerra Tavares; Tiago Machado Graça; Patrick Dewerbe

Testimonials

The team is commercial, practical and responsive which helps get deals get done smoothly.

Alberto Galhardo Simões and his team are very approachable and easy to deal with. They help find practical solutions and are client orientated.

Key clients

Gazprombank

Kinda Home

Maersk Drilling

Hilton

The Halo Trust

Caixa de Segurança Social das Forças Armadas de Angola

Lassarat

Bumi Armada

ALPLA Werke Alwin Lehner GmbH & Co

Advanced Maritime Transports

QGMI

Mota Engil Angola

Work highlights

  • Advised Gazprombank in the $900m credit facilities to Opaia/Sonangol for the acquisition of Unitel’s 25% economic interest owned by PTV/OI Group.
  • Acted for Hilton on setting up the contractual structure and respective negotiations with the developers in Angola for the first Hilton hotel in Angola.
  • Advised Bumi Armada on a $2.9bn EPC agreement with an international oil company for the construction and operation of an FPSO to be operated in Angola.

Linklaters LLP

Major transactions in the energy and infrastructure sectors are the hallmark of Linklaters LLP's work in Angola, spearheaded by London-based head of the Africa group Andrew Jones and head of Lusophone Africa Francisco Ferraz de Carvalho, both of whom have significant experience in projects in the region. The mining and TMT industries have been sources of recent standout work for the team.

Practice head(s):

Andrew Jones; Francisco Ferraz de Carvalho

Other key lawyers:

Nuno Lousa Ferreira; Diogo Plantier Santos

Key clients

Calouste Gulbenkian Foundation

Work highlights

  • Advised Calouste Gulbenkian Foundation on the sale of Partex Oil & Gas for approximately $716m to PTTEP HK Holding.

Cuatrecasas

Cuatrecasas offers 'local knowledge combined with international presence' through collaboration with local firm Elsa Sousa Rodrigues Advogados. It advises Iberian companies on operations in Africa, and African companies on their investments in Europe. Recent highlights for the team include M&A and joint ventures in the oil and gas sector, as well as a number of public law matters. Maria João Ricou and André Duarte Figueira lead the Angola desk from Lisbon, with Lourenço Vilhena de Freitas a key name for public law.

Practice head(s):

Maria João Ricou; André Duarte Figueira

Other key lawyers:

Lourenço Vilhena de Freitas

Testimonials

Very collaborative and always kept us informed. The Cuatrecasas team was absolutely top notch in this regard.

Local knowledge combined with international presence.

Key clients

Somague Sacyr

DHL Oil + Gas

Sonangalp

Angola LNG

IFC International Finance Corporation

McKinsey & Company, S.L.

Portianga – Comércio Internacional e Participações

Sinopec International Petroleum E&P Corporation Angola (SIPC)

Work highlights

  • Providing legal assistance regarding SIPC’s block entitlement and cost recovery issues.
  • Assisting Angola LNG Audit Committee on an ongoing basis.
  • Acting for Sonangalp on the preparation and negotiation of the public agreements for the approval and construction of several gas stations in Angola in the context of the joint venture between Sonangol and Galp.

Gómez-Acebo & Pombo

The multi-disciplinary Africa group at Gómez-Acebo & Pombo works on cross-border transactions involving Angola. The team is headed by Miguel Castro Pereira; Mafalda Barreto is also a key contact.