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Africa Oil & Gas Report: How Will the Sustainability Agenda Impact Development in Africa?

As sustainability has moved up the agenda across the globe, politicians, investors, corporates, and multinational funding bodies have taken note. In the public sector, governments and intergovernmental organisations have...more

Return of the MAC – Material Adverse Change Clauses Making a Comeback in Oil and Gas Deals

For many years, US and UK M&A practices have differed in their use of material adverse change clauses (MACs) in sale and purchase documents. Common, even ubiquitous in the US, these clauses, which permit a buyer to refuse to...more

New Oil and Gas Decommissioning Strategy Published by UK Oil and Gas Authority

Sustained investment in offshore platforms and production installations has been critical in securing the UK’s energy supply. Despite ongoing oil price volatility, in 2016 and 2017 £3-4 billion of capital per year is...more

‘Fit for 50’ – Restructurings Likely as Oil Industry Enters New Normal

Prior to the recent collapse in oil values, prices existed at over $100 a barrel for over three years. It made the economics of oil exploration, production and sale comparatively straightforward, but embedded costs into the...more

Oil price turbulence benefits the opportunistic

The prolonged turbulence in oil prices has brought cost reduction programmes, the shelving of projects, and insolvencies in the oil field services (OFS) and exploration and production (E&P) sectors — and has presented a once...more

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