Kevin Atkins

Kevin Atkins advises multinational clients in the energy sector on corporate and financing transactions. He has extensive experience with complex cross-border upstream acquisitions and divestitures and asset farm-ins and farm-outs and joint venture structures as well as advising energy companies and investors on capital raising, acquisition and project finance and project development work. His finance work includes both debt and equity markets transactions. He has represented clients active across the North Sea, Africa, Latin America and a number of other emerging market jurisdictions.

Kevin is a recognised lawyer by The Legal 500. His representative experience includes:

Mergers and Acquisitions – Oil and Gas

• Represented a U.S. private equity fund selling its stake in a European upstream business (with assets in the UK, Denmark and Germany) to another U.S. private equity-funded E&P company
• Represented a state-owned energy company on the US$3.1 billion sale of companies holding a 40% interest in the Peregrino oilfield in Brazil to a Chinese state-owned energy company
• Represented a UK-listed oil and gas company on the US$2.9 billion sale of interests in production sharing contracts and related assets located in the Republic of Uganda
• Represented a major U.S. independent energy company with respect to its sale of upstream assets in Tunisia to a European energy company for US$866 million, in Equatorial Guinea to an Australian-listed energy company and in South Africa to the national oil company
• Represented a Latin-American focused energy company on its purchase of upstream assets onshore Peru
• Represented a Japanese-backed purchaser of a North Sea holding company with significant North Sea interests
• Represented a major Indian independent energy company with respect to its acquisition of upstream assets in Block 1 offshore South Africa from PetroSA

Mergers and Acquisitions – Power, Petrochemicals and Other

• Represented a sovereign wealth fund in connection with acquiring an interest in the Global Alumina Project in Guinea, West Africa, from BHP Billiton. The total transaction size was US$350 million, and the Global Alumina Project is a US$3.5 billion bauxite mining and alumina refining project under development
• Represented a consortium of major U.S. energy companies in the disposal of their shareholdings in a company owning 400 MW natural gas-fired power station in the United Kingdom
• Represented a state-owned energy and chemicals company with respect to its purchase from a private equity seller of a global petrochemicals business
• Represented a major Latin American cement manufacturer with respect to its proposed purchase of the Brazilian assets of Holcim and Lafarge
• Represented a major independent global chemicals company with respect to its purchase of the global textiles effects business of a major chemicals manufacturer
• Represented a major U.S. energy company on the potential acquisition of shares in a company owning a 1,200 MW co-generation power station in the United Kingdom

Finance and Project Development

• Represented a tank storage company on a $75 million revolving credit facility and a refinancing of its existing debt portfolio
• Represented an independent Canadian power supplier with respect to a £25 million power purchase loan facility in the United Kingdom
• Represented an indigenous Nigerian oil and gas company with respect to a proposed US$525 million syndicated loan facility with a three-year term to fund working capital commitments for offshore oil and gas assets in Nigeria
• Represented an independent UK energy company with assets in Nigeria with respect to a US$100 million investment and joint venture with an incoming strategic Africa-focused partner
• Represented a Nigeria-focused oil and gas company with respect to a $40 million debt facility for working capital and interim bridge financing arrangements
• Represented Standard Chartered Bank with respect to a US$85 million lending facility for the development of upstream assets in Gabon held by Pan-Ocean Energy Corporation

Capital Markets and Securities

• Represented an African private equity investor on the acquisition of a 29.4% shareholding in Eland Oil & Gas plc, an AIM listed oil and gas company with an interest in an onshore oil field located in the Niger Delta, Nigeria
• Represented an independent UK energy company with assets in Nigeria in relation to a number of equity capital fundraisings and private placements
• Represented a major Peruvian energy company on its admission to AIM and a proposed placing of shares of up to US$80 million and subsequent secondary offerings
• Represented U.S. energy company with respect to its admission to AIM and placing of shares of up to US$300 million
• Represented a major UK shipping company with respect to its admission to the NYSE and placing of shares of up to US$125 million
• Represented a Canadian-listed oil and gas company with assets in Trinidad with respect to its admission and dual-listing onto AIM