AFRICA’S ENERGY DEVELOPMENT NEEDS FINANCIAL SOLUTIONS

The following article by Martin Kavanagh, a partner based in our London office and the co-Head of the firm’s Africa Practice Group, was first published by Business Day ahead of AOW 2023, which took place in Cape Town in October 2023. Herbert Smith Freehills sponsored the Finance and M&A Forum and our partners played key roles on five … Read more

HERBERT SMITH FREEHILLS ADVISES MAUREL & PROM ON THE SIGNATURE OF A SHARE PURCHASE AGREEMENT FOR THE ACQUISITION OF ASSALA ENERGY FROM THE CARLYLE GROUP

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 IS NAMED AFRICA-WIDE INTERNATIONAL LAW FIRM OF THE YEAR: PROJECTS & ENERGY AT THE CHAMBERS AFRICA AWARDS 2023

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

MSGBC Basin Summit and Exhibition 2022

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

CEMAC authorities issue special foreign exchange regulations for extractive companies

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 IS NAMED AFRICA-WIDE PROJECTS & ENERGY LAW FIRM OF THE YEAR AT THE CHAMBERS AFRICA AWARDS 2022

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

CLEARING THE WATERS: THE UPSTREAM PETROLEUM RESOURCES DEVELOPMENT BILL, 2021

∨ 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

MSGBC Basin Digital Summer Updates

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