IFLR1000 Reviews

Financial and corporate

Bracewell has offices in London, Dubai and the United States. The firm has a focus on work in the energy sector and actively serves clients on project development matters in energy, infrastructure and power. Bracewell is also active in bank lending on the sponsor side.

Highlights

Bracewell advised Africa Oil Corp. in relation to a transaction with BTG Pactual Oil & Gas to consolidate their respective shareholdings in Prime Oil & Gas.

The firm advised the Egyptian Refining Company (ERC) on a major restructuring of its senior loan facilities and subordinated loans. The restructuring amended the terms of ERC's senior loan facilities to provide greater flexibility for operations and repayment, converting its USD 750 million subordinated loans into a new financing arrangement.

Bracewell advised Carlyle on a syndicated secured reserve-based acquisition facility to partly finance the acquisition of a portfolio of E&P assets in Italy, Egypt, and Croatia from Energean. The facility,valued at USD 400 million, involved jurisdictions including England, Cyprus, Italy, and Egypt. 

Personnel Changes 

Mark Hunting joined the firm's disputes team as a partner in the London office in January 2024. François Feuillat, partner in the corporate energy group, joined in June 2024. Nicholas Neuberger and Adam Waszkiewicz, both corporate lawyers specialising in the energy sector, were elected partners in 2024.  

Testimonials

2023

“Very commercially minded and able to grasp both the legal and commercial issues to deliver pragmatic advice” - M&A

“They have always been attentive and responsive and have always shown knowledge of intricate details of the contractual arrangements" - Project development : Energy