The law firm of Thompson & Knight LLP advised Indonesian state-owned oil and gas company Pertamina in the $1.75 billion acquisition of ConocoPhillips’ Algerian Business Unit, ConocoPhillips Algeria Limited (“COPAL”). COPAL is the company’s first major acquisition overseas.
Partner Andrew B. Derman in the Firm’s Dallas office and Partner Hassan Yassine in the Firm’s Algiers office led the Thompson & Knight team of attorneys working on the transaction, which included John R. Cohn and Christina M. Collins.
Pertamina, a state-owned company, is Indonesia’s largest oil and gas firm by output. For more than half a century, Pertamina has met the domestic demand for energy by managing integrated operations in the oil and gas and geothermal energy sector. For more information, visithttp://www.pertamina.com/en/.
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