Svenska Petroleum Exploration’s Sale of its Interests in Two Oil and Gas Assets Offshore Guinea Bissau

Bracewell (UK) LLP’s London-based energy team represented SPE Guinea Bissau AB on the transaction

SPE Guinea Bissau AB, a wholly owned subsidiary of Svenska Petroleum Exploration AB, executed an agreement to sell interests in two oil and gas assets offshore Guinea Bissau to CNOOC.

CNOOC Limited, through its subsidiaries, explores, develops, produces, and sells crude oil and natural gas. The Company, led by Xu Keqiang, Weizhi Xie and Deng Yunhua focuses in the areas such as Bohai, Western South China Sea, Eastern South China Sea and East China Sea in offshore China. Internationally, the Group has oil and gas assets in Asia, Africa, North America, South America, and Oceania.

Bracewell advised with a team inlcuding Alastair Young (Picture), Ben James, Adam Waszkiewicz and Catherine Todd.

Involved fees earner: Ben James – Bracewell; Catherine Todd – Bracewell; Adam Waszkiewicz – Bracewell; Alastair Young – Bracewell;

Law Firms: Bracewell;

Clients: SPE Guinea Bissau AB;

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