Baker & McKenzie Strengthens African Presence

Recognizing Africa’s growing importance for clients, global law firm Baker & McKenzie has strengthened its presence on the continent.

The Firm, which is the world’s largest law firm by revenue, is today celebrating the launch of its Johannesburg office. Over 100 clients are attending the celebration at the city’s Westcliff Hotel. More >>

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King & Wood Mallesons Advises BG Group on Landmark Chinese LNG Investment Agreement

King & Wood Mallesons had advised BG Group on its entry into a Heads of Agreement (HOA) for the sale of certain interests in the Queensland Curtis LNG (QCLNG) project to China National Offshore Oil Corporation (CNOOC) for $1.93 billion (marking one of China’s biggest recentinvestments into Australia), and the sale of liquefied natural gas (LNG) from BG Group’s global LNG portfolio. Fully-termed transaction agreements are expected to be executed in the first half of 2013 and, on closing, CNOOC will reimburse BG Group for its share of QCLNG project capital expenditures incurred from 1 January 2012.

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