Energy: foreign firms in Singapore

Allen & Overy

Allen & Overy's sizeable commitment to Southeast Asia encompasses a core team of energy and resources specialists in Singapore, covering M&A, projects, financing, disputes and other related areas, with a major presence in oil and gas, liquefied natural gas (LNG), power, renewables and mining. The firm’s impressive client base features a range of lenders, corporates and sponsors as well as funds. Jason Humphreys heads the Singapore energy, infrastructure and projects team and has extensive experience in project development and project finance. Alun Evans sports an excellent track record in energy M&A across Southeast Asia, including the Philippines and Indonesia. Scott Lovell is further noted for LNG and gas projects.

Practice head(s):

Jason Humphreys


Other key lawyers:

Alun Evans; Scott Lovell


Key clients

Ørsted


Marubeni Corporation


Edra Power


Sumitomo Mitsui Banking Corporation (SMBC)


Pertamina


Sembcorp


Japan Bank for International Cooperation (JBIC)


Macquarie


Asian Development Bank


Ichthys LNG Pty Ltd


Work highlights


  • Acted as counsel to Engie Global Developments on multiple transactions which together constitute the complete sale of its Indonesian geothermal assets.
  • Advised Macquarie as the seller of a stake in Formosa 1 (offshore wind project in Taiwan) by way of an auction process.
  • Advised Ichthys LNG along with an existing group of eight sponsors on the major refinancing of several credit facilities in connection with the project financing of the integrated Ichthys LNG project in Australia.

King & Spalding LLP

King & Spalding LLP‘s senior bench was reduced by the relocation of Kelly Malone to the London office, and the departure of Richard Nelson to Mayer Brown International LLP‘s London branch, though energy transactions and projects remain at the core of the Singapore’s strengths with a particularly formidable record in LNG, oil and gas, and further capabilities in renewables and hydrogen. The firm is active across the upstream, midstream and downstream oil and gas space, and has extensive experience in LNG offtake agreements, floating storage regasification units (FSRUs), LNG imports and LNG-to-power projects. It continues to advise a range of energy majors, national oil and gas companies and government-linked entities. Simon Cowled is hugely experienced in energy M&A and project development. Anthony Patten left the firm in September 2023.

Practice head(s):

Simon Cowled


Other key lawyers:

Zoë Bromage


Testimonials

‘Years of experience in advising on LNG projects around the world.’

‘The best value-for-money firm for LNG advice in Singapore; high quality work with quick turnaround.’

 

Key clients

BW Gas


Commonwealth LNG, LLC


DIALOG Systems (Asia) Pte. Ltd.


DIALOG Group Berhad


Mitsui & Co.


Perenco Rang Dong Ltd.


Scatec Solar ASA


Shell South Africa


Solar Philippines


White & Case Pte. Ltd.

White & Case Pte. Ltd. has maintained a large team in Singapore featuring a number of prominent partners. It continues to lead the market in renewable energy, including large-scale offshore wind energy projects, and is making a further impression in hydrogen projects. The firm remains a force in oil and gas, and LNG transactions through a host of marquee clients. Saul Daniel is co-head of the Asia Pacific energy industry group and has a strong track record in oil and gas joint ventures and the development and financing of upstream, downstream, and LNG projects. Matthew Osborne and Fergus Smith are established names in Singapore, noted for their experience in renewables and other energy projects around Asia Pacific; this includes major wind energy and hydrogen projects in the region.

Other key lawyers:

Saul Daniel; Matthew Osborne; Fergus Smith; Nettie Choo


Testimonials

‘Intimate commercial understanding of the energy industry, particularly with regard to investments and joint ventures in the downstream sector. By speaking the same language as the business team, White & Case has been able to deliver deals that push the firm to the top of my list for preferred counsel.’

‘Matthew Osborne is a great lawyer, easy to work with and experienced in energy projects.’

‘The lawyers in the team are all very capable, but also extremely pleasant to work with. Always measured in their negotiation style, they are consistently able to defuse conflicts while adding value and bringing home the desired outcomes. Saul Daniel is a very competent, hands-on partner who leads the team impeccably, and is always available to provide creative solutions to difficult legal issues.’

‘Nettie Choo is a star associate: her technical skills and positive attitude are superb.’

‘The advice provided is equally pragmatic and to the point.’

‘They remain at the top of my speed-dial for our most challenging transactions and have proven themselves to be among the most talented and commercially savvy deal-makers in Asia. I know of no other legal team that could have marshalled the necessary resources across multiple offices and among multiple practice areas to deliver such a truly impressive result.’

‘The team is incredibly strong on multiple aspects of complex energy transactions. They are well-sized, and all members of the team are remarkably good at what they do, providing superb support to energy matters across the region.’

‘I was amazed how W&C was able to structure the work and distribute responsibilities between the different team members and act like we are dealing with one individual despite being engaged for a new and complicated matter. This has enabled them to respond in relatively short time and provide quality advice.’

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)


Stonepeak Infrastructure Partners


Asian Infrastructure Investment Bank


PT Kilang Pertamina Balikpapan


RATCH Group


Jeonnam Offshore Wind Power Co. Ltd.


Work highlights


  • Advised Jeonnam Offshore Wind Power on the development and project financing of the 99MW Jeonnam 1 offshore wind project in South Korea.
  • Represented the RATCH Group PCL on its $605m acquisition of the Nexif Energy Group, a renewable energy platform with wind, solar and hydro energy assets across Australia, the Philippines, Vietnam and Thailand.
  • Advising Saudi Aramco on the heads of agreement with China Petroleum & Chemical Corporation (Sinopec) to build a refinery and petrochemical project in Gulei in China’s southeastern Fujian Province.

Ashurst

Ashurst LLP experienced considerable change in 2023 with the departure of a team led by four partners, including  Daniel Reinbott, to the newly launched Singapore office of Baker Botts L.L.P. The firm has sought to replenish its senior ranks with the hire of former Shearman & Sterling LLP Singapore office managing partner Jean-Louis Neves Mandelli and former counsel Scott Baggett, who has joined as a partner. The UK-headquartered firm’s Singapore office has historically enjoyed a strong reputation in LNG and the wider oil and gas sector. The new team provides further expertise in energy transition projects, including gas-to-power, renewables, carbon capture and storage. It has strong links to sponsors, lenders and funds. Alfred Ng provides further senior expertise in energy sector financings, including project finance and acquisition finance.

Practice head(s):

Jean-Louis Neves Mandelli; Alfred Ng


Other key lawyers:

Scott Baggett


Testimonials

‘Up-to-date on the latest legal and regulatory developments and able to convey the impact to project financing deals.’

‘In-depth knowledge and experience on subject matter. Able to provide legal insights and also commercial considerations when negotiating terms sheet or documentation.’

‘My experience collaborating with Ashurst has been immensely positive. In my view, the key strengths of Ashurst lies in its people, who are capable of delivering high-quality work efficiently, provide effective solutions for complex structured finance facilities that involves multiple legal jurisdictions, and most importantly are pleasantly easy-going to collaborate with.’

Key clients

Total


bp


Shell


Mitsubishi Corporation and its subsidiaries Diamond Gas International and Tabeer Energy


ENI


Tokyo Gas


Woodside


BHP Billiton


Singapore LNG


Medco Energi


Australia and New Zealand Banking Group


Societe Generale


BNP Paribas


Commonwealth Bank of Australia


Deutsche Bank


Macquarie Bank


Credit Agricole Corporate and Investment Bank


British International Investment (ex- CDC Group)


Habib Bank Limited


Faysal Bank Limited


Government of Sindh Energy Department


ING Bank


Mizuho Bank


Sumitomo Mitsui Trust Bank


Sumitomo Mitsui Banking Corporation


Work highlights


  • Advised British International Investment, Habib Bank Limited, and Faysal Bank Limited and a number of other banks on the financing of the Indus, Liberty 1 and Liberty 2 wind power projects in Sindh province, Pakistan. |
  • Advised the Energy Department of the Government of Sindh on the Utility-Scale Solar Sindh Solar Energy Project for Pakistan.
  • Advised ANZ, DB and ING in relation to an up to $415m reserve based lending facility for a Singapore incorporated subsidiary of Prime Infrastucture’s to finance its acquisition of Shell’s 45% operating interest in the Malampaya gas field offshore Palawan, the Philippines.

Baker Botts L.L.P.

Baker Botts L.L.P. made a bold launch in Singapore with the hire of a large team from Ashurst LLP, including leading LNG specialist Daniel Reinbott, partners Michael Harrison, Richard Guit and Andrew Roche, and special counsels Jessica Ham and Giles Ashman. Another addition is Lewis Jones, who has transferred to Singapore from London. The team is particularly known for LNG transactions and projects, and is a growing force in wider energy transition engagements. It also has close connections to energy majors, national oil companies and other government-linked entities, and advises some of the biggest names in the LNG arena.

Practice head(s):

Daniel Reinbott; Michael Harrison


Other key lawyers:

Richard Guit; Andrew Roche; Jessica Ham; Giles Ashman; Lewis Jones


Testimonials

‘They are very strong, and focused, in the energy and transition space. Daniel Reinbott is the go-to oil and gas lawyer in the region. The team has a thorough knowledge in tolling contracts and also a deep understanding of the commercial and even technical issues, which is quite unique on the market.’

‘Michael Harrison, Daniel Reinbott and Richard Guit are well known for their experience and high involvement in energy related sectors, LNG, CCUS in Asia, Australia and New Guinea.’

‘Daniel Reinbott is another lawyer I would recommend on LNG. He is always reliable, pragmatic and efficient.’

Key clients

LNG Japan Corporation


Kinara Power


Petroliam Nasional Berhad (PETRONAS)


PT PLN Energi Primer Indonesia


Singapore LNG


Medco Energi


Work highlights


  • Continued to advise a Japanese investor on the acquisition of a material interest in the Scarborough LNG project in Australia from Woodside, including the upstream arrangements for the Scarborough field, a natural gas resource located in the Carnarvon Basin, and the processing and liquefaction arrangements for tolling of Scarborough gas through the Woodside Pluto train 2 facilities.
  • Advised a Malaysian/US-based developer on all aspects of a 600,000 tonnes per annum green ammonia plant in Western Australia.

Clifford Chance

Clifford Chance‘s substantial Singapore office has a major focus on energy projects and transactions. The firm is widely rated for its expertise in M&A and fund investments in the energy sector. Singapore partner Nicholas Wong was previously co-head of the firm’s global energy and infrastructure group, and leads the team jointly with corporate partner Melissa Ng, who has made a particular impression energy M&A across Asia Pacific, historically with an especially strong record in Indonesia. The firm has an impressive client list of project sponsors and developers, funds and investors, and lenders. It is further distinguished by having a dedicated construction team led by Matthew Buchanan, that has played a pivotal role in large-scale offshore wind projects, amongst many other engagements. The Singapore team frequently works alongside colleagues across Asia Pacific, including those in Perth and Sydney. Ross Howard is another key project finance partner with particular experience in Vietnam and Japan.

Practice head(s):

Melissa Ng; Nicholas Wong


Other key lawyers:

Matthew Buchanan; Ross Howard


Testimonials

‘Ross Howard and team are great. Coordination accross teams (offices, practices), negotiation support and mandate staffing are second to none.  The energy team is simply the best legal advisor I work with in the region, by far.’

‘The best team in the Singapore energy legal market. A go-to-firm for many energy clients.’

‘Nicolas Wong and Matthew Buchanan are the best lawyers in the market. Always satisfactory.’

‘Great firm, excellent energy experience and strong knowledge of the regional market.’

‘The usual blend of technically excellent partners (market knowledge and commercial approach) means that working with CC is always a great experience.’

Key clients

Indonesia Investment Authority


Caisse de dépôt et placement du Québec


United States Development Finance Corporation (DFC)


PTT International Holding Limited


Keppel Infrastructure Trust


ACEN Corporation


Star Energy


PT Medco Energi Internasional Tbk


Actis


Partners Group


Intermediate Capital Group


CVC Capital Partners


Metro Pacific Investments Corporation


Ontario Teachers’ Pension Plan


Macquarie Capital


Ørsted


Swancor Renewable Energy


Work highlights


  • Advised Partners Group, acting on behalf of its clients, on the international aspects of its acquisition of a majority stake in Sunsure Energy, advising on all aspects of the transaction, including the investment and shareholders’ agreement and various other ancillary documentation.
  • Advised the Ayala Group’s listed energy platform ACEN Corporation, through ACEN Renewables International Pte. Ltd. and ACEN International, Inc., on the international aspects of its partnership with and investment into renewable energy producer BrightNight’s India platform.
  • Advised Caisse de dépôt et placement du Québec (CDPQ) on the approximately $2.7bn co-investment in the Greater Changhua 1 offshore wind farm and associated holdco financing.

Gibson Dunn

Gibson Dunn has a prestigious history in Southeast Asia, particularly in oil and gas M&A and project development. It continues to advise major oil and gas clients, increasingly so in relation to energy transition projects, particularly carbon capture matters. The Singapore energy team has a strong track record in Indonesia and Malaysia with unrivalled knowledge of the regulatory regimes in those jurisdictions. The firm is also making further progress in renewables thanks to the presence of Elaine Chao and Saptak Santra, who advise a number of big-name clients. Brad Roach is global co-chair of the oil and gas practice group, while Jamie Thomas is a senior figure in energy finance. Associate Alexandra Jones is another key name for oil and gas M&A and energy transition matters.

Practice head(s):

Brad Roach


Other key lawyers:

Jamie Thomas; Elaine Chao; Saptak Santra; Alexandra Jones


Testimonials

‘They get the job done and bring in those resources necessary.’

‘Excellent people.’

‘Strong country savvy at partner level is a differentiator for Gibson.’

Key clients

Chevron Corporation


Murphy Oil Corporation


ExxonMobil Corporation


Berkshire Hathaway Energy


PGN Saka


PTTEP (PTT Exploration and Production Public Company Limited)


MedcoEnergi


MAXpower Group


Work highlights


Herbert Smith Freehills LLP

Herbert Smith Freehills LLP has an excellent record in oil and gas, mining and resources and has successfully pivoted to renewables and energy transition matters, including investments in offshore wind assets. It is also making a further impression in infrastructure projects, including toll road developments. The firm remains noted for LNG, including sale and purchase arrangements, and terminal use arrangements. Renewable energy specialist Glynn Cooper heads the Southeast Asia energy, resources and infrastructure practice. Adrian Cheng leads the Asia finance practice and has a long history in oil and gas financings, particularly in Indonesia, Malaysia, Myanmar and Philippines. Project finance specialist Rupert Baker, the former senior counsel and head of legal at SoftBank Group, was hired in 2022, and the firm welcomed oil and gas project development expert Anthony Patten from King & Spalding LLP in September 2023. Construction and project development specialist Adrian Wong joined the firm’s Formal Law Alliance partner Prolegis LLC.

Practice head(s):

Glynn Cooper


Other key lawyers:

Adrian Cheng; Rupert Baker; Irina Akentjeva


Testimonials

‘Knowledgeable, energy sector expertise across geographies (APAC), understanding of Asian investment perspective, willing to help and share, always available for clients.’

‘Takes extra efforts for clients, including any last-minute help, willing to share knowledge and their views.’

‘Wide area of expertise over several geographies. They’re easily able to digest material and give comparatives and suggestions based on potential pitfalls and opportunities. Extremely easy to reach out to and work with as well and very fast feedback.’

Key clients

International Finance Corporation


BlackRock


Macquarie Green Investment Group


GIC


Goldman Sachs


Armstrong Clean Energy Fund


Keppel Renewable Energy


Iberdrola


ENGIE


Tenaga Nasional


First Gen


BP


Pertamina


PETRONAS


Yinson


Work highlights


  • Advised BlackRock on its establishment of a Southeast Asia renewable energy platform, including the platform’s first investment in up to five large-scale solar projects in the Philippines with total capacity of 1GW.
  • Advised GIC on its ongoing investment and funding rounds in respect of Greenko.
  • Advised International Finance Corporation and Armstrong Clean Energy Fund on their joint sale to JERA of their interest in Gia Lai Electricity (GEC).

Latham & Watkins LLP

Latham & Watkins LLP has a considerable presence in energy sector M&A and investment, along with bulge-bracket financings. With a background in conventional energy it has made a further impact in energy transition and renewables, covering oil and gas, LNG, traditional power and renewables such as wind, geothermal, and solar. Sidharth Bhasin and James Clayton-Payne are experienced figures in M&A, private equity investments, joint ventures, and other corporate transactions. Don Stokes is a seasoned name in project development and finance in the region and is particularly known for Vietnam LNG-to-power and renewable energy matters.

Practice head(s):

Sidharth Bhasin; James Clayton-Payne; Don Stokes


Work highlights


Mayer Brown

Mayer Brown‘s Singapore office has a longstanding emphasis on energy transactions and projects. Its experience covers a wide geographic region, including key frontier markets such as Myanmar, Pakistan, Vietnam, Thailand, and Indonesia. Noted for its background in LNG and oil and gas, it has built a strong presence in renewables and energy transition projects, including large-scale wind power projects in Vietnam, solar projects in Bangladesh, and hydropower projects in Laos and Myanmar. The practice also continues to be a major player in LNG-to-power projects. ‘World class partnerBen Thompson is a recognised name in project finance in Southeast Asia, including renewables and conventional power projects in Vietnam and Myanmar. ‘Client drivenNick Kouvaritakis is global head of the LNG practice and operates in projects across the value chain. Sean Prior is another key partner.

Practice head(s):

Ben Thompson; Nick Kouvaritakis


Other key lawyers:

Sean Prior


Testimonials

‘Nick Kouvaritakis is hands on, fine legal mind, understands and focuses on client issues very quickly. He is solution oriented and has very good business acumen.’

‘Ben Thompson is a world-class partner, very knowledgeable and an expert in project financings. Fully dedicated, he provides valuable and high-quality solutions. A very skilled negotiator.’

‘Nick Kouvaritakis is very knowledgeable in the energy industry and has very good business acumen. He is client driven, very attentive, always available, understands the issues very quickly and finds solutions.’

‘The team is very professional and reliable in providing legal advices for difficult matters and in challenging situations. The team proved to be always ready to address questions, thorough in their analysis, solid in documentation.’

‘MB has been consistently providing a great legal service in our transactions. Proposed solutions to problems in a simple and practical manner are welcome and highly appreciated.’

‘Very skilled, knowledgeable and proactive projects team.’

‘The team has been consistently proactive, and has facilitated all dialogue and interaction well.’

Key clients

China Light and Power


Marubeni Corporation


Mitsubishi Corporation


Asian Development Bank (ADB)


Kansai Electric


Sembcorp


Mitsui O.S.K. Lines, Ltd (MOL)


DEG


JERA


MISC Berhad


Itochu Corporation


Excelerate Energy


SK Gas


Hoegh


Work highlights


  • Advised ADB, EFA and JICA in relation to the project financing of the 144MW Lotus wind farm in Quang Tri Province, Vietnam.
  • Advised various clients on LNG sale and purchase agreement (SPAs), including Itochu Corporation in connection with a 15-year LNG sale and purchase SPA with Rio Grande LNG LLC.
  • Advised the lenders to Sembcorp on the mandate to develop and operate the Myingyan 225MW gas-fired Independent Power Project (IPP) in Myanmar.

Milbank

Milbank has a strong reputation in energy and infrastructure that, coupled with its longevity and stability in Singapore, has earned it a significant market share of big-ticket engagements in the region. Although it has successfully transitioned to decarbonisation and renewables, it remains at the forefront of upstream and downstream LNG projects, especially in Indonesia; the Singapore team frequently works alongside colleagues in Tokyo on oil and gas, LNG and petrochemical projects. Indonesia remains the practice's primary market, though it has also landed significant engagements in Malaysia, the Philippines and the Mekong peninsula in addition to sporting a balanced mix of lender and sponsor clients. James Murray heads the projects, energy and infrastructure practice in Asia, having been based in Singapore since 2006. James Orme is an emerging talent in energy and infrastructure finance, and Jacqueline Chan is a key name in Indonesia energy M&A.

Practice head(s):

James Murray


Other key lawyers:

James Orme; Jacqueline Chan


Testimonials

‘Milbank has a very strong team. They are very knowledgeable about project finance. They work very professionally and very responsive. The way the firm works is to find a solution by considering all aspects including the commercial aspects.’

‘James Murray and James Orme are very knowledgeable on project finance and their knowledge is something that is very difficult to be found in another firm.’

 

Key clients

JBIC


NEXI


ADB


KEXIM


K-Sure


AIIB


Farallon Capital Asia


Equinor


PT Supreme Energy


The Amman Group


PT Adaro Energy Tbk


Yinson Boronia Production B.V.


Sumitomo Corporation


Medco


Shandong Electric Power Construction Corporation III (SEPCOIII), HTG Development Group & S. Alam Group


MUFG


GNPower


International Finance Corporation


SMBC


Work highlights


  • Advised PT Amman Mineral Nusa Tenggara in connection with the development and financing of a 400MW gas-fired power plant supplying power to the Batu Hijau copper and gold mine and smelter and refinery in Indonesia.
  • Advised Asian Development Bank and other lenders in connection with the Monsoon 600MW wind project, a greenfield wind power project which will sell power from Lao into Vietnam.
  • Advised the agent on behalf of the lenders on Indonesian state-owned oil and gas company PT Pertamina (Persero)’s corporate restructuring, and the adjustment to the price of natural gas sourced from the Jambaran Tiung Biru (JTB) project.

Norton Rose Fulbright

Norton Rose Fulbright has an impressive mix of conventional and renewable energy engagements. It typically handles a significant volume of matters from around Asia Pacific and beyond and continues to experience rapid growth in its renewable energy practice, especially in regard to solar and energy storage projects. Hydrogen and carbon trading initiatives are also burgeoning areas for the Singapore team, which represents a wealth of energy clients and lenders. Asia stalwart Stephen Begley has a background in offshore oil and gas, and has built a strong reputation in renewable energy projects. Ben Smith is noted for LNG and gas projects, and Nick Merritt is an experienced project and energy finance specialist with an extensive track record in the region. Andrew Digges is another key partner for energy projects in Indonesia and other Asia Pacific jurisdictions.

Practice head(s):

Ben Smith; Stephen Begley


Other key lawyers:

Nick Merritt; Andrew Digges; Kent Phillips


Key clients

Asian Development Bank (ADB)


bp


Électricité de France (EDF)


Gas Malaysia Berhad


International Finance Corporation (IFC)


PacificLight


Pavilion Energy


Rabobank


Sumitomo Mitsui Banking Corporation (SMBC)


TotalEnergies


Work highlights


  • Advised a syndicate of 12 lenders on the approx. $1bn Facility Agreement in relation to the financing, construction and operation of ReNew Power’s “Round the Clock” Project (comprising 900MW of wind capacity, 400MW of solar capacity and a battery energy storage system) across five sites in three states in India.
  • Acted for a consortium of lenders (with SMBC and Mizuho acting as Coordinating Mandated Lead Arrangers and Bookrunners and Green Loan Coordinators) on the $750m green loan facility to PT Perusahaan Listrik Negara (Persero).
  • Acted for Bangkok Bank Public Company Limited (“BBL”) on the $655m debt financing to Star Energy Group Holdings Pte. Ltd. (“SEGH”).

Pinsent Masons MPillay

Pinsent Masons MPillay has successfully leveraged its global position in construction to grow its presence in renewables and energy transition. This includes key engagements in Philippines, Indonesia, Bangladesh, Laos, Cambodia and Vietnam. It has achieved prominence in solar, wind, hydrogen, hydropower and geothermal projects, and represents a mix of sponsors and lenders. The immensely experienced James Harris has ‘deep knowledge of energy projects with experience across the region‘, and has landed a string of mandates in multiple areas of the renewables and energy transition fields; he leads the team jointly with dispute resolution specialist Sam Boyling. Corporate partner William Stroll provides further expertise in energy sector transactions, including equity investments, joint ventures and M&A deals. David Platt relocated to Dubai, however the team welcomed David Clinch who joined from Shearman & Sterling LLP in February 2024.

Practice head(s):

James Harris; Sam Boyling


Other key lawyers:

William Stroll; David Clinch


Testimonials

‘We have been working with James Harris on a number of matters. His knowledge, understanding and experience of working in different countries in the region makes it very easy working with him as local counsel. ’

‘James Harris has deep knowledge of energy projects with experience across the region.’

‘The team demonstrated good understanding of our deal requirements and the dynamics with the counterparties.’

Key clients

Asian Development Bank


International Finance Corporation (IFC)


Coro Energy Plc


Japan Bank for International Cooperation (JBIC), Mizuho Bank Ltd, Al Rajhi Bank


Ganfeng Lithium


Goldwind International Holdings (HK) Lim


Sindh Engro Coal Mining Company Limited


Bank of China


Omega Consortium / Equans


Kairos Renewables


SUSI Partners (Joint venture with PID)


Keppel Asia Infrastructure Holdings


Work highlights


  • Advised Asian Development Bank on the design and development of a $2.5bn energy transition mechanism in Indonesia, Vietnam and the Philippines.
  • Advised Keppel Asia Infra Fund on its equity investment into Singapore’s first hydrogen ready combined cycle gas project in Singapore, including reviewing the bankability of the project and the equity documentation.
  • Advised Kairos Renewables in relation to the successful completion of its Series A financing by Annycent Capital.

Shearman & Sterling LLP

Shearman & Sterling LLP has operated at the forefront of energy M&A, projects and capital markets transactions for many years. With a background in oil and gas (including LNG), it has built a further presence in energy transition matters, including renewables, carbon capture and storage, and hydrogen projects. Of counsel Bill McCormack is equally experienced in project development and project finance, while Richard Porter is noted for energy M&A and joint ventures, and Emmanuel Jacomy for energy arbitrations. Counsels Angela Heywood Bible and Kok Jin Ong are also key members of the team. Former partner Jean-Louis Neves Mandelli and former counsel Scott Baggett joined Ashurst LLP in May 2023.

Practice head(s):

Bill McCormack


Other key lawyers:

Richard Porter; Emmanuel Jacomy; Angela Heywood Bible; Kok Jin Ong


Testimonials

‘Team with wide variety of lawyers with experience. This firm is exceptional in that the quality of each lawyer is tremendous.’

‘From the Shearman team, Kok Jin Ong is an exceptional lawyer. He is capable of delivering things in a fashion the client wants most, bridges the whole law firm including the partner with the client and bridges the project with the counterpart lawyers and principals. The best part of Jin Ong is that he can really put himself in the shoes of the client. The most talented lawyer I have worked with.’

 

Key clients

Abu Dhabi National Oil Company (ADNOC)


Morgan Stanley Asia (Singapore) Pte.


Mandiri Securities Pte. Ltd.


ACEN Renewables


Standard Chartered Bank


Oil Search Limited


Greenko Dutch B.V. and Greenko Energy Holdings Limited


Deutsche Bank AG, Singapore Branch


Deutsche Bank, PT BNI Sekuritas


Citigroup Global Markets Limited and Credit Suisse (Singapore) Limited


CATL (Contemporary Amperex Technology Co., Limited)


Work highlights


  • Advised a subsidiary of Philippines-based firm AC Energy Corp (ACEN) on the purchase by its subsidiary AC Renewables International of a 51.6% stake in its Australian clean energy joint venture with US-based UPC Renewables Group.
  • Advised Greenko Energy Holdings and Greenko Wind Projects (Mauritius) in connection with the offering of $750m in aggregate principal amount of 5.50% Senior Notes due 2025 by Greenko Wind Projects (Mauritius).
  • Advised CATL in their joint venture with the Indonesia Investment Authority (Indonesia’s sovereign wealth fund) for the establishment of a green energy fund to invest in Indonesia’s EV supply chain.

Akin

Akin is a major global player in the energy sector and sports an extensive client base and an impressive track record in energy transactions and projects, including oil and gas, LNG, conventional power, renewables and energy transition matters. Practice head Paul Greening is particularly rated for his knowledge of the LNG market. Jooyoung Song joined as counsel in October 2022, bringing additional energy and project finance experience to the team, along with further connections to Korean export credit agencies and other Korean clients.

Practice head(s):

Paul Greening


Other key lawyers:

Jooyoung Song


Testimonials

‘Paul Greening continues to play a prominent role in Singapore’s energy market and is well regarded by clients and peers alike. Paul displays a strong working knowledge across all aspects of the energy value chain with a particular focus on the LNG market.’

‘The team has deep background in the energy sector. They have lived the matters they are advising on and can provide deep insights based on real world eperience. Further, their network means that additional advice and validation can be sought quickly and efficiently. The team are also great supporters of industry associations. Similarly, the team support advocacy of our industry and engage with media and other professional outlets to provide opinion and informed debate.’

‘Paul Greening is the lead partner and offers excellent and reliable service. I am aware of his pro bono work that he conducts and his support of charity work in Singapore. Paul takes a holistic view of our industry and segment.’

 

Key clients

Panthera Thailand Pte Ltd


Energy Capital Vietnam


ENEOS Corporation


Blackpeak Group


GAIL Group Companies (including GAIL Singapore)


Tellurian Investments Inc.


Vitol Inc.


Barrick Gold


NextEnergy


Watar Partners


Argentem Creek Partners LP


Work highlights


  • Advised on more than 23 master sale and purchase agreements (and related confirms executing LNG trades) for GAIL Global Singapore, the LNG trading arm of GAIL India.
  • Advised Panthera Thailand on the successful negotiation of joint arrangements with Valeura Energy to establish Panthera Resources, a Singapore-domiciled SPV that will undertake upstream E&P investment across South East Asia.
  • Represented Argentem Creek Partners in connection with bonds issued by G3 Exploration (in liquidation), including ongoing advice in relation to the interpretation of the project’s production sharing contracts and other related upstream agreements.

Baker McKenzie Wong & Leow

Baker McKenzie Wong & Leow maintains an active presence in energy transition and renewables, notably representing Korean and other North Asian clients in LNG sale and purchase agreements. The firm’s extensive geographic coverage has enabled the Singapore office to successfully target Indonesia, Thailand and other emerging markets. Sun Kyun Lim frequently teams up with colleagues in Seoul to advise Korean clients. Kim Hock Ang provides further expertise in project development and project finance, particularly in Southeast Asia, and is another expert in the LNG sector. Andrew Zaw is an established project finance specialist with a fine record across the energy sphere. Former Asia Pacific head of projects Martin David  retired in December 2022.

Practice head(s):

Kim Hock Ang


Other key lawyers:

Sun Kyun Lim; Andrew Zaw; Aaron Jones


Testimonials

‘The practice has a strong and diverse team of individuals. No matter how overwhelming our instructions may be, the team always delivers. I would absolutely recommend them to companies seeking legal assistance for projects in Asia.’

‘Kim Hock Ang – reliable, understands our business and provides clear legal advice. We highly value his judgments and it has been a pleasure working with him.’

‘Aaron Jones – responsive, reliable, and provides clear legal advice. He has a great commercial sense. We have been reliant on him heavily on one of our big transactions and we know we are in good hands.’

Key clients

Acciona Energia Global


Electricity Generating Public Company Limited


Work highlights


  • Acted as lead counsel for the EGCO Group on the disposal of its entire shares in three geothermal power plants in Indonesia to Star Energy Group Holdings Pte. Ltd.
  • Advised Acciona Energía Global, on its acquisition of a close-to 50% acquisition of The Blue Circle, a renewable energy company based in Singapore.

Freshfields Bruckhaus Deringer

Freshfields Bruckhaus Deringer has made considerable progress over recent years, thanks in part to the efforts of the increasingly prominent Philip Morgan, who heads the energy and natural resources team in Asia and has an ‘expansive range of knowledge across the energy value chain‘. The Singapore office has extensive connections to energy majors, project sponsors and other regional businesses, and the practice continues to be active in oil and gas, LNG and energy transition, as well as mining and metals. The team is also commended for its knowledge of the hydrogen sector.

Practice head(s):

Philip Morgan


Testimonials

‘We have been particularly impressed with Freshfields’ ability to operate with knowledge and confidence in the hydrogen sector. The team at Freshfields have demonstrated that they can identify and understand the key issues in this nascent market and ensure that the client’s needs are met.’

‘Freshfields deliver a level of detail in their advice which is matched by few other firms.’

‘Phillip Morgan – Expansive range of knowledge across the energy value chain and well renowned in the Singapore energy market. The service we have received from Phil and his team has been first class on a number of levels.’

Key clients

BP


ConocoPhillips


Repsol


Chevron


Neptune Energy


Udenna Corporation


Jadestone Energy


Kuwait Petroleum International


Tianshan Aluminum Global


PTTEP


ZIM Integrated Shipping Services Ltd.


CNOOC


Work highlights


  • Advised ConocoPhillips on the $1.35bn sale of its Indonesian oil and gas assets to Medco Energi.
  • Advised Repsol on the sale of its upstream assets in Malaysia and Vietnam to Hibiscus Petroleum.
  • Advised Udenna Corporation on the acquisition of Shell’s 45% share of the Malampaya gas project in the Philippines.

HFW Singapore LLP

HFW Singapore LLP has a major focus on the energy sector, including LNG transactions and mining projects, with much of the practice centering on disputes. Chanaka Kumarasinghe has a background in the offshore oil and gas sector, including contracts for both the construction and charter of FPSOs. Peter Zaman specialises in energy and resources, commodities, derivatives, structured products, and climate finance. Dan Perera and Adam Richardson provide further advisory and disputes expertise in energy matters, including the LNG sector.

Practice head(s):

Chanaka Kumarasinghe; Peter Zaman; Dan Perera; Adam Richardson


Key clients

Vitol Asia Pte. Ltd.


Pavilion Energy Pte. Ltd.


Jovo Group / Singapore Carbon Hydrogen Energy Pte. Ltd.


Hartree Partners Singapore Pte. Ltd.


Abaxx Exhange Inc.


ENGIE Global Markets Pte. Ltd.


Anglo American Marketing Limited


PetroIneos Trading Limited


Schlumberger Limited


Ampol Management Services Pte. Ltd.


Work highlights


Hogan Lovells Lee & Lee

Hogan Lovells Lee & Lee has a major presence in offshore wind power projects, including large-scale developments in Taiwan, Vietnam and across Southeast Asia. Singapore managing partner Alex Wong heads the projects and infrastructure group, focusing on renewable energy projects in Taiwan and Southeast Asia. Samantha Campbell left the firm for an in-house position in January 2023.

Practice head(s):

Alex Wong


Other key lawyers:

Shi Jin Chia


Testimonials

‘The practice offers a proactive and engaged group of lawyers who embed themselves in the team in order to provide the best outcomes possible. Not afraid to challenge the status quo, they present differing opinions to that of their client and peers in the organisation, which is refreshing, each lawyer has a voice and is encouraged to use it. We worked with a wide range of people from differing backgrounds at all levels of the organisation which ensured that the commercial team were able to engage with at least one counterpart. ’

‘The team were open to the legally based thoughts of my commercial team, and did not attempt to override or enforce their own ideas onto the process except where absolutely critical to the legality of the approach. This collaborative atmosphere assisted us in driving forward with a legal and commercial strategy, which benefitted the position of the project.’

‘Smooth, commercially-minded, know the case backwards and always right on the money when it comes to tactics.’

‘Rising star associate Shi Jin Chia is fantastic and definitely one to watch. ’

Key clients

Northland Power Inc.


Mainstream Renewable Power


PetroVietnam Technical Services Corporation


Seatrium Limited


Work highlights


  • Advised Northland Power and Yushan Energy on the project development of the 1,044MW Hai Long 2 and 3 offshore wind farms in Taiwan.
  • Advised PetroVietnam Technical Services Corporation (PTSC) on tender submission for foundations contract in relation to the Greater Changhua Offshore Wind Farm, round 3 auctions.
  • Advised a Singapore-based renewable energy company on the leasing and installation of solar power systems.

Clyde & Co Clasis Singapore

Clyde & Co Clasis Singapore has brought together a sizeable team that covers a range of energy-related matters. Following the arrival of Ton van den Bosch from Addleshaw Goddard in 2022, the Singapore office has worked on a series of offshore oil and gas projects. Renewables is another forte for the team that includes experienced construction, shipping, insurance and dispute resolution specialists.

Practice head(s):

Ton van den Bosch; Leon Alexander; Eugene Tan


Other key lawyers:

Hannah Chua


Testimonials

‘Client focused, pragmatic and able to aid clients in navigating legal risks in view of commercial needs.’

‘Special mention for Leon Alexander and Hannah Chua.’

 

Key clients

Seaway 7


Fidecs Engineering Pte Ltd


Chevron Corporation


Work highlights


  • Advised Seaway 7 in relation to a bespoke construction contract with an employer consortium for the transportation and installation of submarine power cables.
  • Represented Fidecs Engineering, an M&E contractor, in two charges brought by the Energy Market Authority.

CMS Cameron McKenna Nabarro Olswang (Singapore) LLP

CMS Cameron McKenna Nabarro Olswang (Singapore) LLP‘s Singapore energy, projects and construction practice draws on the varied expertise of a core group of partners and associates. The global firm has one of the largest energy and climate change teams in the world, with the Singapore team representing a series of energy majors, national oil companies and government-linked companies from the region. Noted for its expertise in the upstream oil and gas industry in Indonesia, it is making a further impression in green hydrogen projects, solar projects and the decarbonisation of LNG value chains. Marc Rathbone heads the energy and climate change group in Asia Pacific, remains active in the oil and gas sector, and has driven forward the Singapore team’s efforts in clean energy and energy transition engagements, including rooftop solar and offshore projects. Lynette Chew and Kelvin Aw co-head the infrastructure and construction disputes group, while Singapore managing partner Toby Grainger has extensive experience in natural resources transactions.

Practice head(s):

Marc Rathbone; Lynette Chew; Kelvin Aw; Toby Grainger


Testimonials

‘The team, although based in Singapore, has exceptional understanding of the upstream oil and gas industry in Indonesia, its regulations, its market conditions and the application of legal and commercially viable legal documents’

‘Very client-oriented lawyers, easily reachable for quick advice.’

 

Key clients

Ampotech Pte. Ltd.


AFG Holdings, Inc.


Entoria Energy


Entoria Sustainable Power Asia Pte. Ltd.


Matahio Energy Group


NPG Pty Ltd


Samsung C&T Corporation


Repsol Indonesia


Repsol Corridor


ENGIE South East Asia


Siemen Gamesa


SP PowerGrid Limited


IB Vogt


Work highlights


  • Advised and assisted Matahio Energy Group in establishing and expanding its presence as an oil and gas owner and operator in Southeast Asia and Australia.
  • Advised Siemens Gamesa, a major renewable power developer, in relation to an offshore wind farm in Taiwan.
  • Advised Ampotech, an energy technology company based in Singapore, on its multi-tranche pre-Series A fundraising round.

K&L Gates Straits Law LLC

K&L Gates Straits Law LLC continues to develop its status in the LNG and renewables sectors, despite the departure of former department head Lian Yok Tan to Squire Patton Boggs in May 2023. Marius Toime has stepped up to lead the team and former White & Case Seoul local partner Sarah Park has joined to bolster the team in Singapore, bringing additional connections to Korean corporates and financial institutions. The group has an impressive mix of state-owned company and multinational clients, especially Indonesian businesses.

Practice head(s):

Marius Toime


Other key lawyers:

Sarah Park


Testimonials

‘The K&L Gates energy, projects and infrastructure team has been growing their capabilities in Asia, in particular, in renewables and clean gasses (ammonia/ hydrogen). The team is responsive, sharp and problem solving oriented, providing effective legal services for our projects. They certainly deserve recognition in rankings for their expertise and growing practice.’

‘We would like to shout out to newly hired partner Sarah Park, who has been our main relationship and transactional partner for renewables transactions globally and her colleague Marius Toime who has strong experience and credentials for Asian energy projects with a focus on Indonesia. Both are very hands on, execution partners with a deep understanding of the legal as well as commercial and deal making factors, being a huge advantage for sponsors.’

Key clients

Korea Midland Power Co., Ltd.


Penske Australia Pty Ltd


Pertamina International Marketing and Distribution Pte Ltd


PT Indonesia Chemical Alumina


PT Petromine Energy Trading


PT Pertamina Hulu Energi


Serba Dinamik Indonesia


Simmtech Holdings Co. Ltd.


Taiwan Power Corporation


Work highlights


  • Advised PT Pertamina Hulu Energi on the proposed acquisition from ExxonMobil of a share in the West Qurna-1 super oil field in Iraq.
  • Advised Taiwan Power Company (Taipower) on Taiwan’s first two gas/liquefied natural gas (LNG) to power projects, which is part of Taiwan’s shift to clean energy.
  • Advised PT Petromine Energy Trading on its long-term fuel oil and biodiesel supply contracts and related financing arrangements and public-private partnership arrangements with Indonesian state-owned companies for land utilisation in Kalimantan.

Linklaters

Linklaters has developed a strong record in renewables M&A, along with project finance in the renewables and energy transition arena. The Singapore office has an impressive client list of corporates and financial institutions and has worked on a series of solar and wind project financings across Asia Pacific. Promoted to the partnership in May 2023, Mark Veitch heads the construction team and has extensive experience in offshore wind and energy transition projects. Philip Badge is a leader in financings, including big-ticket project financings in India. Counsel Xylia Sim is another key figure for project development and project finance.

Other key lawyers:

Mark Veitch; Philip Badge; Xylia Sim


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 Actis on the acquisition of a majority stake in Levanta Renewables (Levanta), a Southeast Asia-focused renewables platform with 300MW of onshore wind power projects in advanced development in Vietnam.
  • Advised the lenders on the financing of the Jeonnam 1 offshore wind farm project located in South Jeolla Province, South Korea.
  • Advised the arrangers on the construction financing of the 300MW ISTS-connected and the 150MW ISTS-connected wind-solar hybrid projects in Rvidi (Jaisalmer District), Rajasthan and Shiy in India.

McDermott Will & Emery Singapore LLP

McDermott Will & Emery Singapore LLP‘s team has a rich history in the oil and gas sector and is gaining a foothold in energy transition transactions and projects, including key roles in Indonesia’s efforts to meet its net zero emissions targets, wich is a particularly key jurisdiction for the Singapore team. Merrick White remains noted for petrochemical projects, LNG and  oil and gas production as well as transportation infrastructure. Clarinda Tjia-Dharmadi is Asian chair of the transactions practice and has an illustrious record in Indonesia power and natural resources deals; she is now closely involved with energy transition matters in Indonesia. Ignatius Hwang left the firm for an in-house position in 2022.

Practice head(s):

Clarinda Tjia-Dharmadi; Merrick White


Key clients

West Natuna Exploration Ltd (“WNEL”)


PT Perusahaan Listrik Negara (Persero) (“PLN”)


Crescent Petroleum


Air Products and Chemicals, Inc.


Hess Corporation


Hess Oil Company of Thailand (JDA) Ltd


Satellite Chemical USA Corp.


Silverpeak Capital


Work highlights


  • Advised West Natuna Exploration on its gas sales arrangements to multiple buyers in Singapore and in Batam, Indonesia, on its access arrangements to the West Natuna Transportation System for the transport of gas from their offshore Mako gas field to the buyers, and on development agreements to support the offshore development and Indonesian government liaison.

Morrison Foerster (Singapore)

Morrison Foerster (Singapore) remains noted for LNG and renewable projects, despite the April 2023 departure of Tessa Davis to an in-house position. The Singapore group continues to be active in energy acquisitions and disposals, leveraging the firm’s global expertise in clean energy and renewables. ‘Exceptional lawyerPer Lindberg was promoted to the partnership in January 2023 and continues to be recognised for major LNG and clean energy projects.

Practice head(s):

Per Lindberg


Testimonials

‘Morrison Foerster’s energy team understands their clients’ unique needs better than most other firms, and promptly and effectively tailors solutions to meet these needs in a way that adds significant value.’

‘Per Lindberg is an exceptional lawyer that provides high value judgment to novel and complex projects. He also communicates very well with clients to ensure that he delivers quality work products that meet their exact needs.’

‘Diverse background covering all topics.’

‘Understanding capabilities and linking abilities to connect the dots. Strategy and foreseeing.’

‘Quite reliable with many talents. ’

‘Per Lindberg is proactive and client centric. He is competent and dedicated. He is quite familiar with the regulatory framework and energy market situation in Asia Pacific region.’

 

Key clients

Tokyo Gas Co., Ltd.


Sumitomo Corporation


First Solar, Inc.


EverStream Energy Capital Management


Chugoku Electric Power Co. Inc.


SoftBank Group Corp


Work highlights


  • Represented First Solar in the sale of its 293 MW DC utility-scale solar project development platform in Japan, and its solar operations and maintenance platform in Japan with approximately 665 MW DC under management, to PAG.

Orrick, Herrington & Sutcliffe LLP

Orrick, Herrington & Sutcliffe LLP has a particular focus on renewable energy projects in India thanks to the recent hire of partner Karthik Kumar and of counsel Lynette Lim from Jones Day in September 2022. The firm is also noted for offshore wind projects in North Asia. Projects and construction partner Jon Thursby focuses on large renewable energy projects across the region.

Practice head(s):

Karthik Kumar


Other key lawyers:

Lynette Lim; Jon Thursby,


Key clients

Vibrant Energy Holdings Pte Ltd


Macquarie Capital (Singapore) Pte. Ltd.


ATN Inc.


Corio


Microsoft Corp.


Synopsys (India) Private Limited


Wipro Enterprises


Marvell Technology, Inc.


Work highlights


  • Advising the lenders and hedge providers on the approximately $1.6 billion project financing of the 298MW Zhong Neng offshore wind farm.
  • Advising more than 25 lenders and seven export credit agencies (ECAs) on the $3 billion project financing of the Changfang and Xidao (CFXD) offshore wind project being developed by Copenhagen Infrastructure Partners and Taiwanese life insurers, which is the largest ever renewables financing in Asia Pacific to date.
  • Advising Vibrant Energy on its financing arrangements with Axis Bank in India for guarantee facilities in connection with Vibrant Energy’s solar and wind projects in India, including supplying up to 300MW worth of wind and solar power purchase agreements with Amazon.

Watson Farley & Williams LLP

Watson Farley & Williams LLP has broad expertise in renewables, upstream M&A, LNG and energy transition. Kunal Kapoor is an established figure in offtake prepayment financings, particularly for traders, having joined the firm from Dentons Rodyk in January 2023, though his background extends to renewables and energy transition matters. Corporate partner Damian Adams is another key member of the team.

Practice head(s):

Kunal Kapoor


Other key lawyers:

Damian Adams


Key clients

Tec Resources Limited


Coro Energy plc


Sapura Energy Berhad


Golar LNG Group


Freepoint Commodities


Pavilion Energy


Macquarie


Anglo American


Rio Tinto


Equinor


Work highlights


  • Acting for SUSI Group in respect of its establishment of a joint venture with the group of Entoria Energy Group Pte. Ltd. in developing rooftop solar photovoltaic projects in Southeast Asia.

Wikborg Rein

Wikborg Rein has an ‘in-depth understanding of the energy industry‘, having built a significant presence in offshore oil and gas projects. With ‘top-tier choiceIna Lutchmiah relocating to Singapore from London in 2019, as managing director of the office, she has led significant growth in offshore drilling and LNG matters across Asia Pacific and beyond. Amongst a number of major engagements.

Practice head(s):

Ina Lutchmiah


Testimonials

‘The energy practice at Wikborg boasts a team of highly skilled and experienced professionals. Their lawyers possess an in-depth understanding of the energy industry, along with extensive legal knowledge, ensuring clients receive tailored and comprehensive solutions.’

‘Ina Lutchmiah is a top-tier choice for potential clients seeking legal counsel in the energy industry especially in relation to shipping and offshore energy transactions.’

Key clients

Atlantic, Gulf & Pacific (AG&P)


Transocean


Teekay Corporation


China Merchants Financial Leasing


Seadrill


Vantage Drilling


BW Offshore


Work highlights


  • Advising AG&P on the full suite of project contracts in connection with the new PHLNG regasification terminal in the Philippines.
  • WR London and Singapore advised NYSE-listed Transocean in handling of contractual matters arising in the course of the construction and delivery of the Deepwater Atlas and the Deepwater Titan.
  • Acted for Teekay Corporation in connection with the decommissioning of the Foinaven FPSO, in particular the wide and complex range of regulatory applications required for such purpose, including under international conventions, EU regulations and local legislation.