Herbert Smith Freehills has advised Maurel & Prom, a long-standing Euronext-listed client specialising in the exploration and production of hydrocarbons, on the signature of a share purchase agreement for the acquisition of Assala Energy, an oil exploration and production company operating in Gabon, from The Carlyle Group. This transformational acquisition, which is subject to the … Read more

Herbert Smith Freehills was named Africa-Wide International Law Firm of the Year: Projects & Energy at the Chambers Africa Awards 2023 for the second consecutive year. These awards recognise a law firm’s pre-eminence in key jurisdictions in the region and they also reflect achievements over the past 12 months, including outstanding work, impressive strategic growth and … Read more

Herbert Smith Freehills is a sponsor of the MSGBC Basin Summit and Exhibition taking place in Dakar, Senegal on 9-11 May 2022. Paris-based Of Counsel Paul Morton will moderate a panel which will discuss Updates on Recent Local Content Legislation & Regulation, Actions Taken and Opportunities Created. Further details of the event, which is being … Read more

Following a period of three years punctuated by discussions and moratoria on the enforcement of CEMAC Regulation No. 02/18/CEMAC/UMAC/CM relating to foreign exchange (the “2018 Regulation”), extractive companies with activities in the CEMAC area may finally see some light at the end of the tunnel thanks to two new CEMAC foreign exchange regulations specifically designed … Read more

Herbert Smith Freehills was named Africa-wide Projects & Energy Law Firm of the Year at the Chambers Africa Awards 2022. These awards recognise a law firm’s pre-eminence in key jurisdictions in the region and they also reflect achievements over the past 12 months, including outstanding work, impressive strategic growth and excellence in client service. In … Read more

∨ Introduction ∨ Key differences between the 2019 Bill and the 2021 Bill ∨ Conclusion INTRODUCTION Total S.A.’s (Total) initial discovery just over two years ago of gas concentrate in the Outeniqua Basin (Brulpadda prospect, Block 11B/12B) offshore South Africa – a deposit reportedly containing around one billion barrels of oil equivalent1 – has placed … Read more

Herbert Smith Freehills is a proud supporter of the MSGBC Basin Digital Summer Updates taking place on 6 and 7 July 2021. Paris-based Partner Bertrand Montembault will be joining a panel discussion on Local Content in Practice: Latest Legislation Updates, The Role of Local Content as the Basin Moves Towards Production and The Changing Role … Read more

Herbert Smith Freehills has advised Enyo Retail and Supply Limited Holding and certain of its shareholders on the disposal of 100% of the share capital in Enyo Retail and Supply Limited (“Enyo”) to Ardova Plc (“AP”). The transaction remains subject to regulatory approval. Established in 2017, Enyo is one of the leading downstream oil and … Read more