Oil & Gas
What are the biggest challenges facing the oil and gas industry today?
The oil and gas sector is navigating a period of significant change. Energy security, decarbonisation, regulatory reform, geopolitical uncertainty and expanding decommissioning obligations are reshaping investment decisions and operational priorities across Australia and the Asia-Pacific region.
How can organisations respond?
Organisations can manage today's regulatory, commercial and operational risks while positioning for tomorrow's structural shifts. Acting early on regulation, project delivery, transactions, decommissioning and the energy transition is a critical first step.
How Allens can help
Allens is consistently ranked by Chambers Global as a leading firm for Energy and Natural Resources in the Asia-Pacific region. We advise developers, operators, investors and financiers across the region's largest LNG, gas and infrastructure projects, including:
- managing regulatory and environmental obligations;
- delivering major projects and infrastructure;
- navigating M&A and capital transactions;
- advancing carbon capture and storage initiatives;
- managing decommissioning and end-of-life assets; and
- responding to energy transition pressures.
Experience
XRG consortium
Advising the XRG consortium on its proposed acquisition of Santos by scheme of arrangement for an implied equity value of $36.4 billion.
Woodside
Advising Woodside on multiple domestic gas marketing and LNG arrangements, including short- and long-term WA pipeline gas and international long term LNG sales agreements.
INPEX
Advising INPEX on its proposed acquisition of an interest in the Browse LNG Project from PetroChina.
Santos
Advising Santos on the acquisition of ConocoPhillips’ northern Australian oil and gas assets (including Darwin LNG, Barossa and Bayu-Undan gas fields) and subsequent sell-down transactions; the sale of a 25% interest in the Darwin LNG facility and Bayu-Undan gas field to SK E&S for US$390 million; and the sale of 2.6% of its project interest in the PNG LNG Project to Kumul Petroleum Holdings Ltd.
INPEX
Advising INPEX and Total on the development of the US$34 billion Ichthys LNG Project, including on the US$20 billion project financing, joint venture documentation, restructuring, corporate reorganisation, lifting and balancing arrangements for condensate and LPG, feed gas arrangements, and related LNG sale and purchase agreements.
GIP
Advising GIP on the acquisition of a 49% interest in the Pluto Train 2 Joint Venture from Woodside
GS Energy
Advising GS Energy on its acquisition of an interest in the Browse LNG Project from BP.
Woodside
Advising Woodside on environmental and heritage matters, including offshore and onshore environmental assessments for the Scarborough Project, Aboriginal heritage issues associated with Scarborough, and representing Woodside in multiple high-profile proceedings challenging environmental approvals and regulatory decisions for major projects.
Santos
Advising Santos on environmental permitting for the Barossa Development and Darwin Duplication Pipeline, including representing Santos in environmental litigation.
Shell
Advising Shell on multiple acquisitions and divestments, including the acquisition of interests in the Arrow Project and Gorgon LNG Project, and divestment of interests in the Wheatstone Project.
Daly Waters Energy
Advising Daly Waters Energy on a farm-in agreement with INPEX in respect of shale gas acreage in the Beetaloo sub-basin in the NT.