Herbert Smith, Fulbright & Jaworski, Mallesons Stephen Jaques, Vinson & Elkins and Latham & Watkins have landed roles advising on two separate deals involving oil and gas giant BG Group.
On Wednesday, BG announced an agreement to supply the China National Offshore Oil Corp. with 3.6 million tons of liquefied natural gas each year for the next 20 years. The contract formalizes a preliminary agreement reached between the two parties almost a year ago. The LNG deal is the first that derives from a coal seam gas project in Australia owned by BG, according to the Oil & Gas Journal, an industry publication. Various news sources are estimating the total value of the contract and stake in BG’s Australian assets at roughly $70 billion.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
