Mergers and Acquisitions (M&A)

• Acted for NextEnergy Capital regarding its purchase of a 27.4MW solar power project located in Odisha India. Our role involves advising on all English law related issues arising out of the acquisition documentation and associated security arrangements.
• Acting for the purchaser in the proposed acquisition of a 10.5 MW solar power project located in India. Our role involves advising on all English law related issues arising out of the acquisition documentation and associated security arrangements.
• A major Japanese corporate on its proposed acquisition of an interest in major solar development in the Southern United States.
• Acted for Japanese and Malaysian conglomerates in the acquisition of a minority shareholder’s interest in an Omani desalination company and its operating company in the context of an impending initial public offering (IPO). As well as negotiating the terms of the share transfer and overall framework of the transaction, Euan was heavily involved in amending the project and financing documentation (in conjunction with projects and banking teams based in the United Arab Emirates (UAE)) in order to address the exit of the minority shareholder. The transaction documentation was heavily negotiated and involved a variety of law firms across multiple jurisdictions.*
• Acted for a leading Saudi Arabian developer and operator of power and water desalination projects in the sale of 49 percent of its renewables business to a Chinese state-owned infrastructure investment fund.*
• Advised a major Saudi Arabian engineering group in relation to its proposed acquisition of a major Omani oilfield service provider. Euan was responsible for managing a team of five fee earners in performing due diligence on the target company, as well as negotiating the terms of the sales and purchase agreement (SPA) and shareholders agreement (SHA).*
• Acted for a Middle Eastern sovereign wealth fund in the disposal of its interest in an Omani public joint stock company. The transaction involved the vendor making a bilateral loan available to the buyer in order to fund the purchase, as well as obtaining approvals from Oman’s Capital Market Authority and the Muscat Securities Market.*
• Acted for the vendors in the sale of one of the largest independent private care companies in Scotland to a Financial Times Stock Exchange (FTSE)-listed company.*

Energy

• Advised a major international oil company on its integrated gas joint venture with other major oil companies in Oman. Euan’s role covered advising in relation to the upstream, midstream and downstream elements of the project. This included corporate structuring, Oman oil sector regulatory advice and advice on the proposed construction of a liquefied natural gas (LNG) processing plant and bunkering facility.*
• Acted for a Chinese exploration and production (E&P) company in its acquisition of a four percent interest in an onshore oil concession in the UAE.*
• GAIL Singapore in their negotiation of multiple LNG MSPAs with portfolio supplier and utility buyers.
• Acted for an independent Omani E&P company in relation to its oil exploration activities in the Sultanate of Oman—this was the first drilling campaign conducted in the relevant block. Euan was heavily involved in a variety of work streams from drafting procurement contracts to advising on a dispute with the drilling contractor, as well as drafting policies and procedures.*
• Drafted a bespoke suite of contracts for a major UAE E&P company for use in relation to its oil exploration and production activities in Kurdistan.*
• Advising a major global commodity trader on their potential investment in an international LNG project company that is developing LNG import terminals in developing markets, including a review of underlying concession agreements, supply contracts, joint development agreements, EPC contracts and O&M services arrangements.
• Representing the official committee of unsecured creditors of Diamond Offshore Drilling, Inc.

Project Development

• Advised a major European photovoltaic plant developer in relation to its, ultimately aborted bids to design, build and operate two new solar power projects in Oman.*
• Acted for a consortium of Gulf Cooperation Council (GCC) companies in establishing the project company for executing the first solar independent power producer (IPP) in the Sultanate of Oman.*

Corporate and Commercial

• Acted for an Omani government body in procuring remote-controlled gun emplacements from an established European defense contractor. Euan drafted and negotiated the terms of the manufacturing, installation and commissioning contract.*
• Advised a U.K.-based engineering group in relation to a dispute with its local partner in the Sultanate of Oman. Euan was involved in managing the negotiation of the local partner’s exit from the Omani subsidiary, as well as the engagement of a new partner.*
• Provided Iranian sanctions advice to an established Omani oilfield service company in the context of a proposed acquisition of a Jebel Ali Free Zone company with activities in Iran.*
• Advised a major European electrical engineering group in relation to a dispute with a subcontractor over the new Muscat Airport project.*
• Acted as legal counsel for a U.K.-based rotating equipment services provider, supporting its business throughout Asia Pacific in a range of corporate and commercial matters, including liaising with the Board of Investment of Thailand. Euan advised on a range of commercial contracts relating to the oil & gas and power industries, including supply of goods and a variety of services, with national oil companies, oil majors and national utility providers, with a focus on the Asia Pacific and Middle East regions.*
• Managed and coordinated a rationalization process for a business’s global use of commercial sales agents. The process involved identifying agents for termination, consolidating existing agreements, updating and refreshing due diligence and liaising with various business units to develop strategies to conduct business without the use of commercial intermediaries (e.g., setting up local subsidiaries and branch offices). After concluding the process, the number of agents had been reduced by more than 60 percent with the number expected to further reduce year-on-year.*
• Advising on the administration of a long-term gas turbine services agreement with the operator of a IPP in Map Ta Phut, Rayong Province, Thailand.*
• Negotiated a contract with the national utility company of Myanmar to supply gas turbine repair and overhaul services, control system upgrades and capital parts to a power plant in Myanmar.*
• Negotiated a contract with the national oil company of the Sultanate of Brunei to provide gas turbine repair services and supply of resident engineers for offshore installations in Brunei.*
• Negotiated a long-term master services agreement to work with a major South Korean engineering group in the Kingdom of Saudi Arabia over a three-year term.*
• Responsible for establishing a subsidiary company in the Sultanate of Brunei. The work involved all legal aspects relating to incorporation, applying for various business licenses, and novating a long-term service contract and agreements with vendors from the outgoing parent company to the new entity.*
• Heavily involved in integration work following formation of a joint venture between two major U.K. and German engineering groups providing rotating equipment products and services.*

*The experience was gained at a previous law firm.