Energy: foreign firms in Singapore

Ashurst

Ashurst LLP continues to demonstrate a huge commitment to the energy sector. Having brought in senior figure Michael Harrison from the Sydney office in January 2020, it then followed this up by relocating project development specialist Richard Guit to Singapore from Perth in December 2020, and it hired project finance partner Andrew Roche from Latham & Watkins LLP in January 2021. This expansion of the team has enabled the firm to cement its leading position in gas and LNG across Asia Pacific, and achieve further growth in renewables, mining and power infrastructure. The Singapore group continues to be active in gas-to-power projects, notably in Indonesia, Vietnam, Pakistan and Bangladesh, and it is increasingly focused on LNG-import arrangements for Chinese national oil companies (NOCs). Daniel Reinbott remains a market leader in LNG projects and transactions, with counsel Jessica Ham offering senior-level support. Alfred NG is another notable name in project finance. Counsel Giles Ashman is also a key team member.

Practice head(s):

Daniel Reinbott; Michael Harrison

Other key lawyers:

Richard Guit; Andrew Roche; Jessica Ham; Alfred NG; Giles Ashman; Priya Shah

Testimonials

‘Good value for money.’ 

‘Ashurst Singapore practice – I have had the pleasure of working with professionals from the Ashurst Singapore office on a number of high-value Oil & Gas industry transactions. I find their team have excellent market knowledge, are highly committed and highly skilled in preparing and negotiating agreements and supporting the client in delivering value. The key Ashurst people I have dealt with are more than just lawyers, they are an extension of our team. I have also had experience working with other firms and across the table from other firms. I have found the professionals at Ashurst represent the best I have seen in oil and gas.’

‘Prompt and precise legal advice from the partner Daniel Reinbott.’

‘Dan Reinbott is experienced in the energy industry and provides solid practical advice in addition to helping with legal issues.’

Dan Reinbott is a highly regarded Partner in the Singapore office. I have worked with Dan on a number of transactions including LNG terminal use / inter-user agreements, LNG SPAs and time charter parties. Dan is very knowledgeable and persuasive and I have seen first hand his delivery of significant value for clients. Dan is also a very easy going and hard working committed individual.’

‘One of the best lawyers I have worked with. Jessica Ham is a committed Counsel in the Singapore office. I have worked with Jessica on several LNG SPAs and her work is always first class. Jessica displays a great understanding of her clients’ requirements and commitment to delivering quality advice and agreements. Jessica is very impressive in negotiations, quietly and effectively explaining the position of her Client to support the achievement of quality results for her clients.’

‘Priya Shah is a Senior Associate in the Singapore office. I have had the pleasure to work with Priya on terminal use agreements. Priya is highly articulate and demonstrates great depth in her practice areas. A very impressive individual, focussed on quality and commitment to delivering on client’s requirements and demonstrates the capacity for breaking down complex concepts into concise, clear drafting.’

Key clients

Total

BP

Shell

Mitsubishi Corporation and its subsidiaries Diamond Gas International and Tabeer Energy

ENI

Tokyo Gas

Woodside

BHP Billiton

PT Pertamina (Persero)

Electricity Generating Authority of Thailand

Work highlights

  • Advised Tabeer Energy in relation to its $400m Floating LNG Import Terminal in Port Qasim, Pakistan which comprises the procurement and installation of floating storage and regasification unit, the design and construction of a marina berth and pipeline infrastructure, and the import of LNG and sale of natural gas to downstream utility companies.
  • Acted as project counsel to a joint venture comprising Total, Woodside and MPRL in relation to the development of the $5bn Block A6 integrated gas project in Myanmar, which will involve the development of the upstream field and subsea pipelines to transport natural gas for export to Thailand and also for domestic use in Myanmar.
  • Advised the State Solicitor and the Independent State of Papua New Guinea on its second LNG project, the $20bn Papua LNG, the P’nyang LNG Project, and the Pasca A Project.

King & Spalding LLP

King & Spalding LLP has a substantial commitment to energy, across M&A, project development and project finance, and disputes. The firm is especially known for oil and gas, including LNG, though it has a recognised record in conventional power and renewables. The Singapore office routinely advises on big-ticket projects across Asia Pacific and around the world, and it continues to be at the forefront of industry trends such as LNG-to-power, battery storage and solar power. The arrival of Anthony Patten and Lachlan Clancy from Shearman & Sterling LLP in September 2020 has further deepened the office’s expertise in LNG, and the broader energy sphere. Richard Nelson remains a leader in the LNG segment, with Kelly Malone and Simon Cowled widely recognised for their expertise in conventional power and renewables. Merrick White went to McDermott Will & Emery UK LLP in March 2021.

Practice head(s):

Kelly Malone; Richard Nelson; Simon Cowled; Anthony Patten

Other key lawyers:

Lachlan Clancy

Testimonials

‘Very strong energy focus. Expert in all aspects of LNG infrastructure.’

‘Lachlan Clancy – excellent negotiator, patient, and extremely commercial and practical. quality drafter too.’

‘Anthony Patten – very statesman-like, superb communicator with superior client skills.’

‘The team overall in Singapore and globally works cohesively as one unit and is supportive of everyone wherever a project is located. King & Spalding is innovative in the manner in which they are able to finalise transactions even in the most challenging circumstances.’

‘Without question, Richard Nelson is the top energy lawyer in Singapore and among the top three attorneys for energy projects in all of the Asia-Pacific region. Richard’s expertise and skills are broad and cover the spectrum from LNG to renewables to traditional oil & gas and finance matters. Richard provides excellent value to King & Spalding clients and is creative in finding solutions to complicated legal and commercial issues.’

Key clients

Scatec Solar ASA

Puerto Rico Electric Power Authority (“PREPA”)

Giga Ace 4, Inc., a subsidiary of AC Energy Inc.

H-Energy Mideast DMCC

Mitsui & Co., Ltd.

Singapore LNG Corporation Pte Ltd (SLNG)

Petroliam Nasional Berhad (PETRONAS)

Work highlights

  • Advised PREPA during the $5bn restructuring of its LNG-to-Power programme with Gas Natural Aprovisionamientos SDG of Spain (Naturgy) and EcoEléctrica, L.P. jointly owned by Naturgy, Mitsui and Engie.
  • Advised Scatec during the negotiation and signing of an agreement to acquire 100 % of the shares in SN Power AS with renewable energy assets located in Southeast Asia, Africa and Central America.
  • Advised Mitsui on its exit from coal fired power generation assets in China, Indonesia and China, as part of its global strategic initiative to achieve a net zero emissions target by 2050.

Shearman & Sterling LLP

Shearman & Sterling LLP fields a sizeable team of specialists committed to the energy sector, spanning M&A, capital markets, project development and finance, and dispute resolution. It is at the forefront of oil and gas through to renewables and is noted for its expertise in emerging areas such as hydrogen. During the Covid pandemic, the team has experienced growth in disputes and pre-dispute engagements, along with oil and gas divestments in Indonesia and Malaysia; it is also active in acquisitions by regional NOCs in Europe and elsewhere. Despite the departure of LNG specialist Anthony Patten and Lachlan Clancy to King & Spalding LLP, the Singapore team has grown its senior ranks with the hire of energy M&A and projects specialist David Clinch from Herbert Smith Freehills LLP, the promotion of Jean-Louis Neves Mandelli to partner and the relocation of counsel Angela Heywood Bible from Houston to Singapore. Bill McCormack is one of the leading figures in energy project development and finance in Southeast Asia and Asia project development. Finance head Ben Shorten also has an outstanding reputation.

Practice head(s):

Ben Shorten

Testimonials

‘Jean-Louis Neves Mandelli (Partner) – Extremely responsive and provides innovative solutions to challenging commercial situations – Able to explain challenging legal concepts and distil them into key issues for the client.’

Key clients

PT Indonesia Asahan Aluminium/MIND ID

Deutsche Bank, Mandiri Securities

Standard Chartered Bank

Deutsche Bank AG, Singapore Branch

Work highlights

  • Advised Indonesia’s state-owned mining company MIND ID in connection with a share purchase agreement to acquire a minority stake of PT Vale Indonesia from Vale Canada and Sumitomo Metal Mining for approximately $370m.
  • Represented the initial purchasers in connection with Indika Energy Capital IV Pte’s offering of $450m  8.25% senior notes due 2025, and the tap offering of $225m 8.25% senior notes due 2025, by PT Indika Energy TBK.
  • Advised the sponsors in connection with the development of the 145MW Cirata floating PV project in Indonesia valued at $127.24m.

White & Case Pte. Ltd.

White & Case Pte. Ltd. has continued to develop its Singapore energy practice with highly rated power and LNG projects specialist Tim Fourteau joining from Latham & Watkins LLP in early 2021, along with wider energy project development and finance expert Jamie Franklin. They join a team that has built an impressive standing in big-ticket oil and gas projects and which is also at the forefront of wind and solar power projects around Asia and elsewhere. The Singapore group is particularly noted for wind projects in Taiwan and across Asia Pacific, with the team often working alongside colleagues in Australia. Fergus Smith and Matthew Osborne have made a particular impression in the renewable energy, conventional power and oil and gas area. Saul Daniel is the co-head of the Asia Pacific energy group, and is a recognised senior name in oil and gas, having transferred to Singapore from Houston in May 2020. Counsel Ee Lynn Tan also impresses in oil and gas and power projects.

Practice head(s):

Brendan Quinn; Andrew Clark

Other key lawyers:

Tim Fourteau; Jamie Franklin; Fergus Smith; Matthew Osborne; Saul Daniel; Ee Lynn Tan; Cristian Blumm; Donovan Ang

Testimonials

‘The WC team is one of the most collaborative and creative teams I have had the pleasure of working with. They are true partners in reaching a solution in a negotiation, delving into the needs of the clients and leveraging their subject matter experts for specific areas (anti-trust law, litigation, etc.) to ensure the best outcome is reached.’

‘Saul Daniel is a long term partner at WC that has industry connections globally. Therefore, not only is he incredibly knowledgeable on a vast array of topics & can provide leadership and guidance throughout a negotiation, but he is also well connected to a network of team members to facilitate in complex issues.’

‘Fergus Smith – he has an enormous capacity to deliver on time, often juggling multiple assignments at once. He is able to summarise complex legal topics succinctly, making them meaningful to business leaders and easily translatable into concrete actions. He combines strong technical legal capability with a broad perspective on the interfaces between legal matters and other domains, for example, risks and opportunities related to shareholders, lenders, suppliers, the customer’s business case and the media. He is a very strong communicator.’ 

‘White & Case have an excellent reputation for projects and energy work and are leaders in this sector. Staffing is lean and dedicated and the firm is thoroughly responsive. Moreover, the lawyers I have worked with have been able to access subject matter experts across the firm’s global network on a variety of cutting edge issues. For many years now, White & Case have been my “go-to” firm for projects and energy work.’

‘Saul Daniel (partner) and Cristian Blumm (associate) are excellent resources and understand the energy and petrochemical sector well. Excellent value for money working with them and they never fail to deliver practical, actionable advice for clients. In particular, Saul brings a wealth of experience from working on cutting edge energy and petrochemical deals in key markets, including Houston, London and Dubai. He is the first lawyer I call when staffing an important transaction.’

‘Donovan Ang – Donovan is a rare case of a lawyer with an engineering background, making him well placed to advise on renewables infrastructure projects. He is very diligent, with strong attention to detail.’ 

‘Impressive knowledge (both industry and company specific) combined with focus on practical solutions.’

‘The team has performed with impressive consistency, always delivering high quality work on time and showing execellent awareness of the Taiwanese market dynamics. The team’s pragmatic focus on solving issues in a practical manner, clearly grasping the client’s commercial and operational challenges has been stand-out. All members of the team have a strong work ethic making this practice well suited to the demands of project finance transactions.’

Key clients

Saudi Arabian Oil Company (Saudi Aramco)

Copenhagen Infrastructure Partners (CIP)

Asian Development Bank (ADB)

Sumitomo Mitsui Banking Corporation (SMBC)

International Finance Corporation (IFC)

Canadian Solar

Stonepeak Infrastructure Partners

I Squared Capital

Ghazanfar Group

Asian Infrastructure Investment Bank

Puma Energy

Work highlights

  • Advised the Asian Development Bank, as transaction advisor to the Ministry of Energy of the Republic of Uzbekistan, the Ministry of Investments and Foreign Trade, and the Public-Private Partnership Agency on a 100 MW solar PV generating facility in Sherabad, Uzbekistan.
  • Advised Copenhagen Infrastructure Partners (CIP), as sponsor, on the development and NT$90bn  ($3bn billion) financing of the 589MW Changfang and Xidao offshore wind project off the coast of Changhua County in Taiwan.
  • Advised the Ghazanfar Group, as sponsor, on the development, multilateral bank financing of a 58.6MW gas-fired power plant in Mazar-e-Sharif, Afghanistan.

Allen & Overy

Allen & Overy has a rounded energy and natural resources practice in Singapore, notably in oil and gas, LNG, power and renewables, and mining. The firm has demonstrated a deep commitment to Southeast Asia, enabling the Singapore team to land a range of major engagements in Malaysia, Philippines, Indonesia, Vietnam and other jurisdictions in the region. Clients include a wide range of international and regional energy businesses. Jason Humphreys is a leader in project development and finance in renewables, conventional power and oil and gas, as is Scott Lovell, who is particularly noted for LNG and gas. Former partner Barry Irwin left for Nardello & Co.’s London office.

Practice head(s):

Jason Humphreys

Other key lawyers:

Scott Lovell

Testimonials

‘Top-notch team for corporate / M&A and project development work and consistently excellent throughout the offices/teams.’

‘Christopher Moore is a highly experienced deal lawyer who has seen it all and keeps cool in all situations.’

Key clients

Ørsted

Engie

Edra Energy

Mubadala Petroleum

Pertamina

Petronas

Sumitomo

ExxonMobil

Work highlights

  • Advised energy company Ørsted (as sponsor) on the simultaneous construction arrangements and sale of a 50% stake in the 605.2MW Greater Changhua 1 offshore wind project in Taiwan.
  • Advised the lenders on a USD/JPY equivalent $327m facility for SB Energy Six Private Limited in order to finance the development of 2 x 300 MW solar farms in Rajasthan, India.
  • Advised MIRA on the sale by the MIRA-managed PINAI fund of the largest petroleum product storage facility in the Philippines, Philippine Tank Storage International (Holdings) Inc., to Keppel Infrastructure Trust and its local partner Metro Pacific Investments Corporation.

Clifford Chance

Clifford Chance continues to leverage its experienced Singapore team and deep international expertise to forge ahead in energy transition projects, particularly in the wind power segment, along with emerging technologies such as hydrogen energy. The group continues to be active in gas-to-power, including projects in Africa and Latin America. The office’s broader offering covers a range of core segments, notably project finance, corporate and M&A, fund structuring, disputes and capital markets; green bonds is a forte. Nicholas Wong is co-head of the worldwide projects group and a big name in Singapore for gas-to-power and offshore wind projects. Melissa Ng is a leading figure in energy M&A. Matthew Buchanan provides construction specialism, while Johannes Juette and Gareth Deiner are experienced partners in energy sector capital markets offerings.

Practice head(s):

Melissa Ng; Nicholas Wong

Testimonials

‘Singapore energy team and their London colleagues provided impeccable advice to us, working across locations seamlessly, which is rare. Negotiation support was great. Their knowledge of energy project finance was applied to the region intelligently, incorporating Asian markets idiosyncrasies and local legal frameworks into the international practice of energy project finance. Their team is very diverse which visibly makes a difference.’

 

Key clients

Vena Energy

Berkeley Energy

Medco Energi

Star Energy

KrisEnergy

International Petroleum Group Limited

EQT Partners

Macquarie

Keppel Infrastructure Trust

Metro Pacific

Ontario Teachers’ Pension Plan

Work highlights

  • Advised Keppel Infrastructure Trust and Metro Pacific Investments Corporation on the acquisition of Philippine Tank Storage International Holdings, Inc., which owns the Philippine Coastal Storage & Pipeline Corp.
  • Advised global institutional investor Caisse de dépôt et placement du Québec on its $2.7bn co-investment in the 605MW Greater Changhua 1 Offshore Wind Farm (Greater Changhua 1) in Taiwan.
  • Advised Star Energy Geothermal Group, Indonesia’s largest geothermal company, on its offering on the Singapore Stock Exchange of a dual-tranche US$1.1 billion green project bond – the first investment grade green project bond from the private sector in Indonesia.

Gibson Dunn

Gibson Dunn is a prominent player in oil and gas transactions, including LNG, thanks in large part to the presence of senior name Brad Roach. He has continued to advise a series of oil majors on upstream oil and gas asset disposals in Southeast Asia. Saptak Santra and Elaine Chao provide extensive experience in renewables, including hydropower, solar and wind power projects. Together, they handle a number of projects outside of Southeast Asia. Jamie Thomas is a key figure in energy financings. Along with global oil majors, the firm represents a number of regional energy businesses.

Practice head(s):

Brad Roach

Other key lawyers:

Saptak SantraElaine Chao; Jamie Thomas

Testimonials

‘Regional knowledge and on the pulse understanding of the right companies doing what and when.’

‘I deal with Saptak Santra. He is excellent in every way. The work they deliver for us is outstanding and his personal touch to think to connect me and our company with relevant others is always greatly appreciated.’

Key clients

Chevron Corporation

Murphy Oil Corporation

ExxonMobil Corporation

Berkshire Hathaway Energy

Saka Energi

Jadestone Energy

PTT Exploration and Production Public Company Limited (PTTEP)

MAXpower Group Pte. Ltd.

Government of Barbados

MAXpower Group Pte Ltd

PT Indika Energy Tbk

Herbert Smith Freehills LLP

Herbert Smith Freehills LLP is a global giant in energy sector matters with its Singapore office playing a significant role in maintaining this status. The firm continues to represent a range of international oil majors and Asian national oil companies, along with a diverse group of power and renewables players; it is achieving further growth with financial investors, including sovereign wealth funds. The office suffered the departure of energy M&A leader David Clinch to Shearman & Sterling LLP in May 2021, though the firm relocated Glynn Cooper to Singapore from Kuala Lumpur to lead the energy and infrastructure group in Southeast Asia; he brings an enhanced focus on renewables and energy transition projects. Irina Akentjeva was promoted to partner in May 2021 and provides further oil and gas M&A, decommissioning and decarbonisation expertise to the senior ranks. Adrian Cheng is a seasoned figure in energy sector financings.

Practice head(s):

Glynn Cooper; Adrian Cheng

Other key lawyers:

Irina Akentjeva

Testimonials

‘Full range of legal advice can be obtained through this firm; when looking to obtain advice on international trends and movements in the regulatory framework, innovative ideas and general indications on market sentiment, this is the law firm to approach. Excellent collaborative approach, resources (lawyers) that have the experience in a particular matter can be made accessible no matter where you are. They make sure that the best “fit” for the matter is there to support the client!’

‘A very open and frank approach, a dedicated “who-to-call” team that can be reached even if the consultation does not relate to the particular field of expertise, they make sure to bring the right lawyer to support.’

Key clients

Chevron

BP

BlueLeaf Energy

Pertamina

PETRONAS

Tenaga Nasional Berhad (TNB)

China Power International Holding Limited

Kansai Electric Power

Brunei Economic Development Board

Armstrong Asset Management

Yinson Renewables

Work highlights

  • Advised Blueleaf Energy, a portfolio company of Macquarie’s Green Investment Group, on its partnership with SunAsia to develop 1.25GW of solar projects in the Philippines.
  • Advised Hibiscus Petroleum on its bid for, and acquisition of, Repsol’s upstream assets in Vietnam and Malaysia.
  • Advised China Power International Holding Limited on all aspects of its acquisition of Zuma Energía which develops, finances and operates a portfolio of more than 800MW of wind and solar power projects.

Latham & Watkins LLP

Latham & Watkins LLP‘s substantial presence in Singapore has delivered a recent history of landmark engagements, particularly in conventional power and LNG project financings, while it is also a growing force in renewables. The Singapore team has a real geographic spread of engagements from Australia to Southeast Asia, South Asia and North Asia. Stephen McWilliams is deputy managing partner of the firm’s Asia offices and has an outstanding record in big-ticket energy project financings. Clarinda Tjia-Dharmadi is recommended for energy project development and finance in Indonesia. The team welcomed corporate partners Sidharth Bhasin, James Clayton-Payne who joined from Shearman & Sterling LLP and project development and finance specialist  Don Stokes who joined from Freshfields Bruckhaus Deringer in August 2021.

Practice head(s):

Stephen McWilliams 

Mayer Brown

Mayer Brown is best known for LNG transactions and projects, along with a growing number of renewables engagements. Department head Nick Kouvaritakis and counsel Sean Prior have an extensive background in LNG projects across Asia Pacific, Middle East and Africa; this includes FSRU/LNG import projects, LNG sale and purchase agreements, and LNG-to-power projects. The Singapore team, which frequently works alongside colleagues in Houston, is also increasingly active in solar, wind and hydropower projects. Nathan Dodd and Benjamin Thompson provide additional senior-level project development and finance expertise.

Practice head(s):

Nick Kouvaritakis

Testimonials

‘Mayer Brown Singapore has a significant depth of knowledge on all aspects of LNG and offshore FSRU transactions.’

‘Both Nick Kouvaritakis and Sean Prior have provided clear, comprehensive and timely advice, taking into consideration client needs and appreciating the complexities of our projects.’

‘The team lead by Nick Kouvaritakis has a very strong understanding of the industry. They have great individual capacity and are very responsive and reliable.’

‘The commercial mindset and strong industry knowledge of Nick Kouvaritakis is exceptional and extremely valuable to us as clients. He immediately gets the issues, finds solutions and drives processes forward. Nick is very attentive towards his client and follows up very closely no matter how busy he is. Sean Prior and Ben Thompson are also very pleasant to work with, solution-oriented and pragmatic.’

Key clients

Karadeniz Holdings

JERA

MOL

H Energy

China Light and Power

Mitsubishi

Pavilion Gas

ENH

ENN

Hoegh LNG

MISC

Summit Corporation

Neptune Energy

K Line

PV Gas

Work highlights

  • Advising Karadeniz on an FSRU charter party and the LNG supply arrangements in relation to its FSRU-to-power project in Senegal.
  • Advising Hong Kong LNG Terminal Limited (a joint venture company between CLP and Hong Kong Electric) on a project regarding the use of an FSRU for the first time in Hong Kong.
  • Advised H-Energy in connection with its FSRU (floating storage regasification unit) time charter party and regasification service agreement with Hoegh to support H-Energy’s West Coast FSRU/LNG import project in Jaigarh, India.

Milbank

Milbank is at the forefront of big-ticket non-recourse financings in the energy field. It is historically strong in oil and gas sector projects but the team also steadily built its standing in renewables as well as in LNG-to-power projects. It represents a number of the major international oil companies, Japanese trading houses, big Indonesian conglomerates, and a range of ECAs and multilateral agency lenders. Indonesia has dominated the firm’s practice for many years, along with power work in the Philippines and Vietnam, and now with further growth in power projects in Bangladesh and Sri Lanka. James Murray is a market leader in energy sector project financings, with James Orme also having made a strong impression in recent years.

Practice head(s):

James Murray

Other key lawyers:

James Orme

Key clients

Japan Bank for International Cooperation (JBIC)

Nippon Export and Investment Insurance (NEXI)

The Export Import Bank of Korea (KEXIM)

Korea Trade Insurance Corporation (K-sure)

Asian Development Bank (ADB)

Asian Infrastructure Investment Bank (AIIB)

Marubeni Corporation

Sumitomo Corporation

Mitsui Corporation

Engie

Adaro

ANZ

Bank of China

BNP Paribas

CIMB

Citibank

DBS

HSBC

ICBC

ING Bank

JP Morgan Chase

Maybank

Mizuho

MUFG

SMBC

Standard Chartered

Societe Generale

PT Indika Energy Tbk

Work highlights

  • Advised the lenders in connection with the financing of the 2,000MW Jawa 9+10 power project in Suralaya, Indonesia which is being developed by PT Indo Raya Tenaga, a special purpose project company.
  • Represented the sponsors and the project company Shandong Electric Power Construction Corporation III (SEPCOIII); HTG Development Group; and S. Alam Group of the 2x612MW supercritical thermal power project in Chittagong, Bangladesh.
  • Acted for the mandated lead arrangers PT Indika Energy Tbk in connection with the up to $200m senior secured term loan being provided to PT Indika Energy Tbk.

Norton Rose Fulbright

Norton Rose Fulbright is an established advisor on energy transactions and projects, with the Singapore office playing a significant role in this area. The group has a substantial record in energy M&A, project development and project finance, and disputes. It is a recognised leader in oil and gas (including LNG), including sector regulation, M&A transactions and projects. It has also achieved considerable growth in solar and energy storage projects. Ben Smith is a big name in LNG and gas projects, including LNG sale and purchase agreements, while Stephen Begley has an impressive background in oil and gas along with a growing profile in renewables projects. Nick Merritt is another senior name in renewable energy matters.

Practice head(s):

Ben Smith; Stephen Begley

Other key lawyers:

Nick Merritt

Key clients

Gas Malaysia Berhad

ADB (Asian Development Bank)

ING Bank Singapore

Pavilion Energy

bp

ING Bank Singapore

Lakdhanavi Limited

The OPEC Fund for International Development

Korean Water Resources Corporation (K-Water)

Hyundai Engineering Company

Pinsent Masons MPillay

Pinsent Masons MPillay has developed a strong profile in oil and gas and power projects in recent years. The firm continues to be active in oil and gas joint ventures, M&A and asset disposals across Southeast Asia, along with renewables and energy transition projects. The firm’s global standing in energy and construction provides additional strength to the team. James Harris and David Platt are hugely experienced figures in Singapore, with extensive experience across Southeast Asia. Former Singapore partner Brian Scott has transferred to Perth but remains heavily involved with the office and Southeast Asia-related engagements.

Practice head(s):

James Harris

Other key lawyers:

David Platt

Key clients

Repsol S.A.

International Finance Corporation (IFC)

Work highlights

  • Represented Repsol S.A. in a joint venture with United Global Limited, a Singapore listed company.
  • Advised International Finance Corporation (IFC) on its debt investment in the 50MW solar PV project in Nilphamari, Bangladesh.

Akin Gump Strauss Hauer & Feld LLP

Akin Gump Strauss Hauer & Feld LLP‘s Singapore team successfully leverages its deep expertise in the broader energy sphere, along with the firm’s global standing. The group has a strong presence in LNG, mining, power and renewables and worked on a series of renewable energy M&A transactions, particularly in the solar sector. Paul Greening have extensive experience in Asia Pacific energy transactions and projects. Michael Joyce  left the firm in June 2021 for Rimon, P.C.

Practice head(s):

Paul Greening

Other key lawyers:

Euan Strachan

Testimonials

‘High-quality of service, professional and personable. Consistently demonstrates an in-depth knowledge of the subject matter across several jurisdictions. Very responsive.’

‘Euan Strachan (Associate) and Paul Greening (Partner) are both strong lawyers technically and work very well together as a focused Energy team. The targeted and innovative nature of their advice sets them apart from others in the sector.’

‘We highly value their expertise on cross-border projects (especially in energy industries). Also, they know the decision-making process of a Japanese company so well that they oftentimes provide us with useful advice to navigate the projects.’

‘Akin Gump truly has a global practice – this project in Africa was staffed by lawyers in Singapore who were an excellent fit for the project. And their use of technology added to the responsiveness, on top of a great work product that was very helpful for the client.’

‘Akin Gump Singapore team has a strong energy practice led by Paul Greening.’

‘Paul Greening has been very active in advising clients on complex energy projects in the region. He is a highly experienced energy lawyer, very knowledgeable about the industry and market developments, and have a great depth of expertise on liquefied natural gas (LNG) projects.’

Key clients

Energy Capital Vietnam

The J Power Group (incl. ultimate parent The Electric Power Development Co., Ltd., J-Power Latrobe Valley Pty. Ltd. and J-Power Australia Pty. Ltd.)

Apache

Anadarko Singapore (now Total E&P Singapore)

Hopu Investments

Tellurian Investments Inc.

Ad hoc group of senior unsecured creditors of Noble Group Limited

Informal Steering Committee of Noteholders of Hyflux Limited

Valero Energy Corporation

GAIL Group Companies (including GAIL Singapore)

CKR Resources Pte Limited

Vitol Inc.

ENEOS Corporation

ITOCHU Group companies (including ITOCHU Corporation, ITOCHU Australia Ltd, ITOCHU Singapore Pte Ltd and ICRA MC Pty. Ltd.)

Barrick Gold

Mitsui & Co., Ltd.

Toyota Tsusho Corporation

Blackpeak Group

Jiangxi Copper

Work highlights

  • Advised ENEOS Corporation on the acquisition of an indirect interest in a project company which is developing a 140 MW solar power project in the State of Texas, USA.
  • Advised NextEnergy Capital in the proposed acquisition of a 27.35MWp (Megawatt peak) solar power project located in the State of Odisha, India.
  • Represented the Diamond Offshore Committee in the chapter 11 cases of Diamond Offshore Drilling, Inc. and its affiliated debtors, which cases are currently pending in the United States Bankruptcy Court for the Southern District of Texas.

Baker McKenzie Wong & Leow

Baker McKenzie Wong & Leow has a strong background in power with a developing profile in renewables. It has carved out an impressive market share in LNG and gas-to-power projects, including those developed by Korean energy companies thanks to the presence of key partner Sun Kyun Lim in Singapore. Indonesia, Vietnam and Thailand have been strong markets for the energy team over the years, with its ability to leverage the firm’s prominent offices in each jurisdiction. Bangladesh and India are also growth markets for the group. Martin David  leads the team and is one of the most experienced names in the market. Andrew Zaw provides additional senior level expertise in LNG and renewables.

Practice head(s):

Martin David

Other key lawyers:

Sun Kyun Lim; Andrew Zaw

Key clients

JERA Power International

Reliance Bangladesh LNG & Power Limited

APG

Work highlights

  • Advised JERA on the acquisition of its interests in RBLPL. Additionally, advised RBLPL on the $665m development and financing of a 718MW combined cycle Meghnaghat II gas-fired power project in Bangladesh.
  • Acted for APG on its potential acquisition of a hydropower portfolio comprising projects in the Philippines and Laos (gross operational capacity of 1,200MW).

Dentons Rodyk

Dentons Rodyk is an established player in the Asia Pacific LNG sector. It is also developing its profile in energy transition and renewables matters, along with oil and gas trading. Kunal Kapoor has extensive experience in LNG projects, including bunkering, liquefaction and regasification matters, along with broader expertise in oil and gas asset transactions in Southeast Asia. Joo Thye Tan and Jonathan Guwe provide additional Singapore law expertise on Southeast Asia power and renewables projects.

Practice head(s):

Kunal Kapoor; Joo Thye Tan

Other key lawyers:

Jonathan Guwe

Testimonials

‘Dentons Rodyk has a broad network of partner law firms in the region that I think have struck the balance of legal risk management and respecting commercial drivers. Having a good panel of legal partners is key as most commodities deals intersect different law/jurisdiction and securities arrangements.’

‘Kunal Kapoor – as it pertains to non-contentious commodities matters, he is a one-man army. He has both the commercial/trading expertise, as well as the financing/LMA rolled into one whereas most other law firms would have two teams of partners/associates handling each section in silos. In front of clients, he has a broad range to be accommodative and super aggressive (particularly for special situations clients) which is useful for deploying the “good cop-bad-cop” style of negotiation as required.’

Key clients

PT Pertamina Persero

Pavilion Energy Pte. Ltd.

PT Timas Oceanstar Indonesia

Trafigura Pte Ltd

BW LNG

H-Energy Mideast DMCC

Western Concessions Private Limited

Lukoil

Maybank

Indonesia Infrastructure Bank

Work highlights

  • Advised the Indonesian state-owned oil and gas company PT Pertamina Persero. on the acquisition of Chevron’s interest in the Rokan Production Sharing Contract (PSC).
  • Advised SHS Holdings Ltd.on its divestment of its entire majority interest in a 50MW (AC) grid-tied solar PV power plant.
  • Advised Sinenergy Holdings Pte. Ltd. on the structuring and sale of 100% interest in a 50MWp solar farm project in Vietnam to a Thai conglomerate.

HFW Singapore LLP

HFW Singapore LLP has a fully-rounded energy practice, operating across the contentious and non-contentious segments. The hire of Peter Zaman and Dan Perera from Reed Smith LLP in early 2021, has brought the team additional credibility in ESG and sustainability-linked financings, commodities, LNG and upstream oil and gas; the Singapore office had pre-existing strength in midstream and downstream oil and gas. It remains noted for commodities and trade finance disputes, and FPSO-related cases thanks to the presence of Chanaka KumarasingheAdam Richardson is an emerging talent in contentious and non-contentious commodities matters and Paul Aston is a senior figure in oil and gas disputes.

Practice head(s):

Peter Zaman; Chanaka Kumarasinghe; Dan Perera; Adam Richardson; Alistair Duffield; Paul Aston

Testimonials

‘In terms of commodities capabilities, Adam Richardson and John Forrester have a powerful combination of drafting precision, execution horsepower, and negotiating prowess. They are fully cognisant of time pressure and have a team in Singapore and London that works round the clock to ensure valuable time is not lost in drafting. ’

‘Quick to grasp the issues and work to provide solutions to problems, rather than more problems. Under promise and over deliver.’

‘Adam Richardson – stays professional, very factual and unemotional during heated discussions, and is able to move the discussion towards a constructive outcome. He understands the key documents and where there is room for creativity (and where there isn’t room).’

‘The team we interacted with was well above the game compared to others. They had extensive experience in the field of expertise and were able to call on their vast experience in the oil and gas sector to assist and advise our company in a precise and accurate manner.’

‘Paul Aston was quickly able to understand the issue presented and was very quickly able to provide extremely valuable advice at a crucial moment when strategic decisions were required to be made by the management.’

‘Chanaka Kumarasinghe – provides eloquent, confident legal advice on a highly specialised area of law.’

‘Chanaka Kumarasinghe is first class. Makes himself available at all times and has an exceptional ability to handle stakeholders. Has always provided very sound and deep analyses and very comprehensive strategic advice. Always fronts the client as opposed to referring a client to his associates for convenience which makes him a natural go-to person/advisor. A real pleasure to work with.’

Key clients

Anglo American Marketing Limited

Rubicon Offshore International Pte Ltd

Hogan Lovells Lee & Lee

Hogan Lovells Lee & Lee‘s Singapore office is the firm’s Southeast Asia and South Asia hub for energy and infrastructure work. The team is particularly known for solar, wind and LNG-to-power projects. The team has an especially prolific record in Vietnam and is noted for its presence in Taiwan’s offshore wind sector. The group is also working closely with colleagues in Europe and Australia, to position itself as a leader in hydrogen projects. Samantha Campbell is a key name for Vietnam and Mekong region engagements in the LNG, solar and wind segments. Alex Wong has a rounded energy practice and is a pivotal figure in Taiwan’s offshore wind sector and broader Singapore projects, along with additional engagements from Taiwanese clients in projects outside of the jurisdiction.

Practice head(s):

Samantha Campbell; Alex Wong

Testimonials

‘In my experience, I can emphatically assert to have rarely seen law firms which can boast of the versatility and domain expertise that Hogan Lovells assures to its clientele. Moreover, irrespective of the value of the dispute or quantum of the assignment, their excellent personalised attention to their clientele’s needs in respect to the applicable industry is quite unmatched. I would personally appreciate their dedication to their quality of work without a constant billing clock in their pockets and that is a refreshing change compared to others whose focus appears to be more on the billing than the qualitative output.’

‘I would especially want to raise a toast to Mr. Alex Wong. In the course of our interactions, I have found Alex to be extremely professional, result oriented and extremely well-informed in his line of practice. He comes across as very approachable and will hear out opposing opinions and issues patiently before devising working solutions. In my interactions, I have found Alex to be very open in exploring new ideas and idea-maps. Apart from excellent domain knowledge, the global overview and business solutions he provides across a plethora of operational subjects is exemplary.’ 

Key clients

Delta Offshore Energy

Cathay Private Equity Ltd. Co.

SN Power

CPC Corporation

Super Solar Energy Co., Ltd.

Work highlights

  • Advised Delta Offshore Energy (DOE) as international legal counsel on all aspects for its project to develop a 3,200MW LNG-to-Power Plant and related floating storage and regasification unit and terminal at Bac Lieu Province, Vietnam.
  • Advised Cathay Private Equity, as the general partner of Cathay Sustainable Private Equity Fund Limited Partnership, on the fund’s co-investment in the $2.7bn 605MW Greater Changhua 1 Offshore Wind Farm in Taiwan.
  • Advised Norway-based SN Power on the acquisition of a 100% stake in the 39.4MW Dam Nai wind power project in Ninh Thuan province, Vietnam. This is SN Power’s first successful acquisition in Southeast Asia.

Jones Day

Jones Day is highly rated for oil and gas M&A, along with renewable energy projects. The Singapore office has extensive experience in upstream and downstream oil and gas M&A, LNG import and gas-to-power projects, and renewable energy projects. Indonesia, India, Malaysia, Singapore, Thailand, Vietnam are amongst its key focus jurisdictions. Karthik Kumar has an outstanding record in renewable energy projects in South Asia and Southeast Asia, along with LNG transactions. Oil and gas specialist Alex Cull left the firm in June 2021.

Practice head(s):

Karthik Kumar

Other key lawyers:

Lynette Lim

Testimonials

‘The team is top class with a deep understanding of the commercial and regulatory environment in various energy markets apart from the strong legal advice. They don’t hesitate to give frank advice on how clients’ interests are best protected in a variety of future scenarios. The team is always available for us irrespective of what kind of time pressure there is.’

‘Karthik Kumar – deeply understands the business needs and stakeholder expectations and has time and again proven to have our 100% confidence in his counsel.’

‘Lynette Lim – she is an associate at Jones Day Singapore, who has worked on many transactions. She recently worked on a financial deal where her contribution was absolutely valuable.’

Key clients

Babcock Power Inc.

BP Singapore Pte Limited

GAIL Global Singapore

Glencore Singapore Pte Ltd

Madagascar Ministry of Energy, Water and Hydrocarbons

Petroliam Nasional Berhad (PETRONAS)

PETRONAS Chemicals Group

PTT Exploration and Production Public Company Limited

Vibrant Energy

Work highlights

  • Represented ATN International, Inc. on the sale of a majority stake in its renewable energy subsidiary Vibrant Energy Holdings Pte Ltd to Macquarie owned renewable energy development platform Blue Leaf Energy Asia Pte Limited.
  • Advised Babcock Power, Inc. on the technology collaboration agreement with Bharat Heavy Electricals Limited (BHEL) and ISGEC for selective catalytic reduction systems for De-NOx application with respect to thermal power projects in India.
  • Represented Maxeon Solar Technologies, Ltd., then a wholly-owned subsidiary of SunPower Corporation, in connection with its Rule 144A offering of $200m aggregate principal amount of 6.50% Green Convertible Senior Notes due 2025.

Addleshaw Goddard

Addleshaw Goddard continues to build on its credentials in the offshore oil and gas space, particularly in relation to FPSOs. Moreover, it is making further progress in renewables and energy storage. It represents a range of Japanese, South Korean and Chinese contractors, along with a number of FPSO owners. The Singapore team is primarily focused on Southeast Asia, including Indonesia, Thailand, Vietnam and Myanmar. Taiwan is another growth region for the group. Ton Van Den Bosch has a lengthy background in offshore oil and gas, including FPSOs, and is building his profile in solar and wind energy, along with battery storage. Chau Ee Lee is the key figure on EPC contracts and construction and engineering arbitrations.

Practice head(s):

Ton Van Den Bosch; Chau Ee Lee

Testimonials

‘Very strong commercially, good network.’

‘Experienced and responsive energy practice with broad experience (and good network) across the region.’

‘Good follow up, communication, problem solving. Ton Van den Bosh.’

‘Excellent client care and responsiveness from Ton Van den Bosch. Regular client check-ins and tailored offerings to support client needs.’

Key clients

Cairn Energy plc

Curve Marine Pte Ltd

Huisman Equipment

Cortec

Waldorf Acquisition Co. Ltd

Work highlights

  • Co-counselled Waldorf Production Limited on the $460m acquisition from Cairn Energy plc of its stakes in the Catcher and Kraken fields in the North Sea.
  • Advised Curve Marine on the global roll-out of its patented solution to desulfurize feedstock in bunkering facilities and refineries, including in Indonesia, Mexico and Indonesia.
  • Advising Cairn Energy on the $4.2bn Sangomar field development offshore Senegal, including on the on project development, structuring, financing and the deployment of an FPSO.

K&L Gates Straits Law LLC

K&L Gates Straits Law LLC has a burgeoning presence in oil and gas, LNG, power and mining projects in Southeast Asia and the wider Asia Pacific region.  Carbon capture and storage is another area of expertise. It has a particularly strong record in Indonesia thanks in part to the presence of Lian Yok Tan. Marius Toime has joined the firm from Bryan Cave Leighton Paisner LLP to deepen the team’s expertise in renewables.

Practice head(s):

Lian Yok Tan

Other key lawyers:

Marius Toime

Key clients

Beijing Gas Singapore Pte Ltd (“BGS”)

Borneo United Consortium Sdn Bhd

Chalco

Foran Energy Sourcing and Trading HK Limited (“Foran HK”)

PT ANTAM Tbk

PT Pertamina (Persero)

PT Perusahaan Gas Negara Tbk

Qingdao Beihai Heavy Shipbuilding Industry Co., Ltd

Shell

Taiwan Power Corporation

Work highlights

  • Advising Pertamina, Indonesia’s national oil company, on the development and financing of proposed US$ 8 billion world-class scale naphtha cracker plant and downstream derivative units in Balongan, Indonesia.
  • Advising Taipower on its first two gas/LNG to power projects in Taiwan.
  • Advised ANTAM on its $254m turnkey engineering, procurement, and construction (EPC) contract for its East Halmahera Ferronickel Plant Construction Project.

King & Wood Mallesons

King & Wood Mallesons is another prominent firm in LNG matters, including LNG trading and engagements across the LNG supply chain; Singapore managing partner Michael Lawson is a senior name in this area where he is supported by special counsel David Phua. The Singapore team is also developing its standing in wind, solar and waste-to-energy projects. John Shum provides further senior-level expertise in project finance, including for Chinese lenders; he led the team that advised the lenders on a $195m term loan financing for the development of a 75MW waste-to-energy plant in Hanoi, Vietnam.

Practice head(s):

Michael Lawson

Other key lawyers:

John Shum; David Phua

Testimonials

‘Small but growing team of all rounders.’

‘Michael Lawson is great at his job and gives the client confidence that he will get the job done well and efficiently.’

Key clients

ENGIE

GE Energy Financial Services (GE Capital)

GE Renewables

Puma Energy

Sembcorp

CNOOC Gas & Power Trading & Marketing

FSG Energy Sourcing & Trading HK Limited

BHP

Standard Chartered Bank

Banco Santander

China Minsheng Banking Corp

Société General Hong Kong Branch

Work highlights

  • Advised Sembcorp Fuels (Singapore) Pte. Ltd on its successful proposal to the Energy Market Authority (EMA) to be appointed as a term LNG importer for Singapore.
  • Advised renewable energy company on the structuring and documentation of Vietnam wind project development platform.
  • Advised a global energy company on a joint venture project with one of the leading logistics real estate developers in Asia-Pacific to design, build, own, sell-down and operate rooftop solar assets on buildings across Asia-Pacific.

Linklaters

Linklaters landed a series of sizeable capital markets engagements in the energy and resources sector, along with maintaining its presence in big-ticket project financings, particularly in the renewables sphere. Christopher Bradley is an experienced name in project finance, along with key counsel Xylia Sim. Kevin Crombie left the firm, while energy sector specialist Mark Veitch has joined as head of Asia construction from Herbert Smith Freehills.

Practice head(s):

Xylia Sim; David Holme

Other key lawyers:

Mark Veitch

Testimonials

‘Expertise on project finance and market knowledge/application in multiple jurisdictions; commercially sensible approach; great on the management of local counsel and local law issues; positive fun approach to work and clients.’

‘Xylia Sim is a great lawyer and is part of a good team, effective in allowing clients to work towards deadlines. Great understanding of legal issues and market positions.’

Key clients

BP

China Light and Power (CLP)

Diamond Generating Asia Limited

Glencore

Medco

Mitsui & Co., Ltd.

Olympus Capital Asia

Ørsted (formerly DONG Energy)

PTT GC

RATCH Group Public Company Limited

Thai Oil Public Company Limited

MUFG

Mizuho

SMBC

BNP Paribas

Natixis

ING Bank

Societe Generale

Standard Chartered Bank

Japan Bank for International Cooperation (JBIC)

Nippon Export and Investment Insurance (NEXI)

IFC

ADB

Export-Import Bank of Korea (K-Exim)

Work highlights

  • Advised the lenders on the financing of the construction of a portfolio of 1.69GW hybrid solar wind projects in India by subsidiaries of Adani Green Energy Limited.
  • Advised Asian Development Bank as investor of $35m in principal amount of the $250m 7.750% Notes due 2025 issued by Georgia Global Utilities JSC.
  • Advised the joint lead managers, on the $325m 5.375% senior secured high yield bond due 2024 by Mauritian special purpose vehicle, India Green Energy Holdings (IGEH).

Morrison Foerster (Singapore)

Morrison Foerster (Singapore)‘s team has a background in LNG and renewables projects. The group works closely with colleagues in Tokyo, acting for a number of Japanese trading houses and utilities in projects across Asia Pacific; solar power projects in the region and beyond have been a feature of the practice. The Singapore team is also active in tech-driven renewables deals, leveraging the firm’s California heritage. Tessa Davis has a background in the LNG sector, though is increasingly active in renewables, while counsel Per Lindberg is also experienced in LNG, power and renewables transactions. Jon Ornolfsson is now primarily based in Tokyo, though works closely with the Singapore team, having spent many years in the jurisdiction.

Practice head(s):

Tessa Davis

Other key lawyers:

Per Lindberg; Jon Ornolfsson

Testimonials

‘In-depth knowledge and expertise of the Japan M&A and PF market – Ability to understand clients’ needs very well hence reducing the overall workload and optimising billable hours charge for their client – Top notch work quality provided even by associates that can step in and support partners adequately.’

‘Understands clients’ needs very well – Availability – Great work quality.’

Key clients

Tokyo Gas Co., Ltd.

European Climate Foundation

Taurus Funds Management

Ibaera Capital Advisers

Work highlights

  • Represented Tokyo Gas in its investment in two wind projects and four solar photovoltaic projects located in Mexico, with an aggregate generating capacity of 721 MW.
  • Representing Tokyo Gas in a Joint Cooperation Agreement with First Gen Corporation to develop an Interim Offshore LNG Terminal in Batangas City, Philippines.
  • Represented European Climate Foundation, an international non-profit organization focused on the promotion of climate and energy policies to mitigate climate change, on its lead LP investment in Southeast Asia Clean Energy Facility, LP.