King & Wood Mallesons Advises BG Group on $1.93 Billion LNG Investment Agreements with CNOOC

King & Wood Mallesons has acted for BG Group on its binding agreements with China National Offshore Oil Corporation (CNOOC) for the sale of certain additional interests in the Queensland Curtis LNG (QCLNG) project in Australia for $1.93 billion and for the supply of an additional 5 million tonnes per annum of liquefied natural gas (LNG).

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Tags:  King & Wood Mallesons | Hong Kong

Porter Hedges Grows Corporate Practice with New Partner Patrick LaRue

J. Patrick LaRue has joined Porter Hedges as a partner in the Corporate Practice Group. His practice primarily focuses on M&A, corporate governance, private equity and general corporate counseling and advisory services. He represents a wide range of public and private clients and serves as outside general counsel to various organizations in Houston and throughout Texas.

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Tags:  Porter Hedges LLP | Houston

Dechert Advises on Major Irish Offshore Gas and Energy Agreement

International law firm Dechert LLP advised Chrysaor E&P Ireland Limited, a subsidiary of long-standing firm client Chrysaor Holdings Limited, an independent exploration and production company focused on developing and commercializing oil and gas discoveries in the UK North Sea and Ireland, on its farm-out agreement with Capricorn Ireland Limited, a subsidiary of Cairn Energy PLC. Capricorn will acquire the rights to obtain a 38% interest in its two Frontier Exploration Licences 2/04 and 4/08 and in the Licensing Option 11/2 in Quad 35 offshore west of Ireland by paying 63.3% of future exploration costs for up to two wells, subject to a cap.

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Tags:  Dechert LLP

Simpson Thacher Represents Crestwood in Connection with its Merger with Inergy Midstream to Form $7 Billion Midstream Energy Partnership

The Firm is representing Crestwood Midstream Partners LP (NYSE: CMLP) (“Crestwood”) in connection with the merger of Crestwood and Inergy Midstream, L.P. (NYSE: NRGM) (“Inergy Midstream”), an affiliate of Inergy, L.P. (NYSE: NRGY), to create a fully integrated midstream partnership with a total enterprise value of approximately $7 billion. The combination of Crestwood and Inergy Midstream will create a diverse platform of midstream assets providing broad-ranging services in the premier shale plays in North America. Under the terms of the definitive transaction agreements, the combination of the two companies will be effected through a series of transactions, which will result in Crestwood Holdings acquiring the general partner of Inergy prior to the consummation of the merger.

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Tags:  Simpson Thacher & Bartlett LLP | Houston

Simpson Thacher Represents Catalent in Entering into New Senior Unsecured Term Loan Facility and Redemption of Senior PIK Notes

Simpson Thacher recently represented Catalent Pharma Solutions, Inc. in connection with a new $275,000,000 senior unsecured term loan facility. The proceeds of the senior unsecured term loan facility will be used to redeem all of the Company’s outstanding 9.5%/10.25% Senior PIK-Election Notes due 2015.

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Tags:  Simpson Thacher & Bartlett LLP | New York