Akin Gump advised Oryx Energy Projects & Services, a Qatari service provider for the oil and gas, petrochemical and utility sectors, in a joint venture announced today with Stork Technical Services, a Netherlands-based asset integrity services provider for the oil and gas, power and chemical utility industries. The joint venture, to be known as Stork Oryx Turbo Machinery Services LLC, will be based in Ras Laffan, Qatar, and will offer combined technical services capabilities in the Middle East and North Africa market (more…)
Winstead PC welcomes Marcus J. Brooks. Brooks is a shareholder in Winstead’s taxation, employee benefits and private business practice group. He was previously a partner at Naman Howell Smith & Lee, PLLC (more…)
DLA Piper announced today that Teri Donaldson has joined the firm’s Litigation practice as a partner in the Houston office (more…)
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Wells Fargo Securities, LLC as sole lead arranger and sole bookrunner, and Wells Fargo Bank, National Association, as the administrative agent, in connection with a $300,000,000 senior secured revolving credit facility for Gran Tierra Energy International Holdings Ltd (more…)
Newfield Exploration Company, an independent energy company, has announced the signing of a share purchase agreement to sell all of its equity interests in Newfield Malaysia Holdings to SapuraKencana Petroleum Berhad for a total cash consideration of $898 million. The transaction is expected to close in early 2014 (more…)
Porter Hedges successfully represented KBR in a recent international arbitration proceeding (under the ICDR) and received a final award in favor of KBR zeroing out a Kuwaiti subcontractor. This marks the fifth international arbitration hearing in the last three years in which Porter Hedges has zeroed out a claimant’s request for disputed funds (more…)
On October 30, 2013, Sprague Resources LP (“Sprague” or the “Partnership”) completed its initial public offering of 8,500,000 common units representing limited partner interests, at $18.00 per unit. Sprague has granted the underwriters a 30-day option to purchase up to an additional 1,275,000 common units. The common units are being traded on the New York Stock Exchange under the ticker symbol “SRLP.” (more…)
A team of Haynes and Boone, LLP lawyers represented Consolidated Graphics, Inc. a commercial printing company, in its sale to integrated communications provider R.R. Donnelley & Sons Company for $620 million (more…)
Paul Hastings LLP, a leading global law firm, announced today that the firm represented KeyBank National Association as sole lead arranger and sole bookrunner and as the administrative agent in connection with a $75,000,000 senior secured revolving credit facility for Linc Energy Resources, Inc (more…)
King & Spalding advised General Electric Company in the sale of its power rental business to power solutions provider APR Energy plc in a cash-and-stock deal valued at $314 million. In addition, GE and APR Energy entered into a supply and services agreement to provide support to current and future clients of APR Energy (more…)
Haynes and Boone, LLP advised Public Service Company of Oklahoma (PSO) in the negotiation of agreements to buy about 600 megawatts of power from wind farms being erected in northwest Oklahoma and the state’s panhandle (more…)
On October 21, 2013, Plains GP Holdings, L.P. closed its $2.82 billion initial public offering of 128,000,000 Class A shares representing limited partner interests at $22.00 per share. The shares are listed on the New York Stock Exchange (NYSE) under the symbol “PAGP.” (more…)
