Adam Waszkiewicz focuses his practice on corporate and finance matters within the energy sector. He has experience in M&A, reserve based finance, equity capital fundraising, joint ventures, corporate reorganizations and other commercial agreements relating to the oil and gas industry. Adam regularly advises on multi-jurisdictional transactions and has acted for borrowers, lenders, purchasers, and sellers.
He recently spent eight months on secondment with an E&P company, giving Adam a thorough understanding of the commercial issues that face oil and gas companies in the current market.
Recent Notable Matters
Hess Corporation — $1 billion sale of its interests in the ACG field and BTC pipeline in Azerbaijan to ONGC Videsh
BG Group — new-country entry into Colombia and farm-in to Shell’s upstream acreage
Oil and gas exploration and production company — proposed placing and admission to AIM
DNO — merger with RAK Petroleum of their Middle East and North African upstream oil and gas businesses, valuing the combined assets at $1.9 billion
Murphy Oil Corporation — sale of its entire North Sea upstream oil and gas business, including its interests in the Schiehallion field to Shell, Mungo and Monan fields to First Oil and the Amethyst field to Perenco
BG Group — acquisition of a 78 percent interest and new country entry into blocks IV and VI, Mongolia
Hess Corporation — $525 million sale of its interest in the Beryl field and Scottish Area Gas Evacuation System to Shell
Impact Oil & Gas Ltd — expansion of its African exploration portfolio, including the acquisition of upstream blocks in Gabon, Namibia, the Senegal-Guinea Bissau AGC and Guinea Bissau; the farm-down of the AGC block to Woodside Energy; its equity fundraising
Rhino Resources, Ltd — expansion of its African portfolio, including the acquisition of upstream blocks in the Senegal-Guinea Bissau AGC and the Comores Islands
Phillips 66 — sale of its interests in the Immingham Combined Heat and Power Plant to Vitol
Delek Drilling L.P. — $900 million financing for the Tamar natural gas field development offshore Israel and in relation to facility sharing arrangements for the development of the Tamar field
Private equity investor — sale of its interest in an international offshore oilfield services business
JKX Oil & Gas plc — acquisition and disposal of upstream interests in Hungary
Confidential client — acquisition of an equity stake in an AIM-listed exploration and production company
Publications and Speeches
“Unlocking the potential of shale gas in the UK energy mix,” Oil & Gas Financial Journal, February 2014.
“Fracking in the UK: the Shale Gas Industry Begins to Take Shape,” Natural Gas Europe, February 2014.