Herbert Smith Freehills Advises Golar on Its Successful Bid for US$213 Million Kuwait FSRU Contract

Herbert Smith Freehills’ Singapore office has advised NASDAQ-listed Golar LNG Limited (“Golar”) on its successful bid to provide Kuwait National Petroleum Company (“KNPC”) floating storage and regasification (“FSRU”) services to support KNPC’s LNG import operations at Mina Al Ahmadi. The regasification services will be delivered via a new-build 170,000 cubic metre vessel manufactured by Samsung Heavy Industries.

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Tags:  Herbert Smith Freehills Kramer LLP | Singapore

Clifford Chance Advises HSBC on Sale of Group Term Life and Employee Benefits Businesses in Singapore to AXA Life

Leading international law firm Clifford Chance has advised HSBC Insurance (Singapore) Pte. Limited, a wholly-owned subsidiary of HSBC Holdings plc, on the sale of its group term life and employee benefits business in Singapore to AXA Life Insurance Singapore Private Limited and The Hongkong and Shanghai Banking Corporation Limited (HSBC), another wholly-owned subsidiary of HSBC Holdings plc, on the related distribution agreement.

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Tags:  Clifford Chance LLP | Singapore

Allen & Overy Advises H.C. Starck on Tungsten Chemicals Joint Venture in Vietnam

Allen & Overy is advising H.C. Starck, one of the largest companies in the global tungsten industry, on its joint venture (JV) with Nui Phao Mining Company (Nui Phao), a subsidiary of one of Vietnam’s largest private sector business groups, Masan Group Corporation (Masan Group), and developer of the largest known tungsten deposits outside of China.

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Tags:  Allen & Overy LLP | Singapore

Leading Corporate/M&A Partners Jake Robson and Adam Summerly to Join Morrison & Foerster’s Singapore Office

Jake Robson and Adam Summerly will join Morrison & Foerster as partners as the firm continues to expand its recently opened Singapore office. Messrs. Robson and Summerly, who have been based in Singapore for eight and 14 years respectively, are veteran deal advisers with substantial experience handling inbound, outbound and intra-regional transactions across South and Southeast Asia.

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Tags:  Morrison & Foerster LLP | Singapore