Graham Watson

Total Page:16

File Type:pdf, Size:1020Kb

Graham Watson Graham Watson Partner Corporate and M&A Graham Watson is a highly regarded leading lawyer for oil & gas ILFR1000 2020 Primary practice Corporate and M&A 30/09/2021 Graham Watson | Freshfields Bruckhaus Deringer About Graham Watson <div> <p><strong>Graham is head of our global&nbsp;oil and gas group. </strong></p> <p>His practice covers public and private mergers and acquisitions, capital markets and general corporate and commercial advice.</p> <p>Based in London, he has worked on a wide variety of natural resources matters across the globe, particularly in Latin America and Africa.</p> <p>A fluent Spanish speaker, Graham spent almost three years based in our Madrid office. He is one of our country partners for Brazil, Mexico and South Africa.</p> </div> Recent work <ul> <li>Advising Tullow Oil on the sale of its Ugandan interests to Total and on its convertible bond offering.</li> <li>Advising Occidental Petroleum on the international aspects of its US$57bn acquisition of Anadarko, including on the contingent US$8.8bn sale of Anadarko's African assets to Total.</li> <li>Advising Total on its: <ul> <li>US$7.45bn acquisition of Maersk Oil; and</li> <li>acquisition of Chevron Denmark.</li> </ul> </li> <li>Advising&nbsp;Neptune Energy on its&nbsp;US$3.9bn acquisition of ENGIE E&amp;P International and on its proposed acquisition of Edison&rsquo;s UK and Norwegian North Sea assets from Energean.</li> <li>Advising&nbsp;BG Group on its: <ul> <li>US$70bn recommended takeover&nbsp;by Shell;</li> <li>US$5bn Queensland Curtis liquefied natural gas pipeline sale to APA, Australia's largest gas infrastructure business; and</li> <li>US$1.7bn disposal&nbsp;to Cosan of its 60.1 per cent holding in Comg&aacute;s, Brazil&rsquo;s largest gas distribution company.</li> </ul> </li> <li>Advising Hess on its sale of Ghana upstream interests to Aker Energy.</li> <li>Advising on Wintershall Dea&rsquo;s &euro;4.0bn inaugural bond issue.</li> <li>Advising Pilgrim&rsquo;s Pride on its proposed US$952m acquisition of Kerry&rsquo;s Meats and Meals business in the UK and Ireland.</li> <li>Advising&nbsp;TelecityGroup on its proposed US$4.5bn all-share merger with InterXion.</li> <li>Advising on the settlement between the Karachaganak consortium (BG, Eni, Chevron and LUKoil) and the Republic of Kazakhstan, including the US$3bn transfer of 10 per cent of the consortium&rsquo;s interests to national oil company KazMunayGas.</li> <li>Advising&nbsp;Sinochem on its&nbsp;acquisition of Emerald Energy, the first London main market takeover by a Chinese state-owned enterprise.&nbsp;</li> <li>Advising on various transactions for Xstrata, including its unsolicited and contested C$20bn acquisition of Falconbridge, its Cerrej&oacute;n and Prodeco Colombian coal acquisitions and its rights issues.</li> </ul> Qualifications <p><strong>Education</strong></p> <ul> <li>Trinity College, University of Oxford, UK (MA in jurisprudence)</li> </ul> 30/09/2021 Graham Watson | Freshfields Bruckhaus Deringer Contact Graham [email protected] London 100 Bishopsgate London T +44 20 7936 4000 F +44 20 7832 7001 30/09/2021 Graham Watson | Freshfields Bruckhaus Deringer .
Recommended publications
  • China's Dependence Upon Oil Supply: Part 1
    PART 1 1 CHINA’S DEPENDENCE UPON OIL SUPPLY PART 1 of 3 SERIALIZED STUDY BY – CAPT David L.O. Hayward Australian Army Reserve (Retd.) First published as an RUSI Defence Research Paper & republished as a SAGE International Special Study with the kind permission of CAPT David L.O. Hayward 2012 PART 1 2 “War which has undergone the changes of modern technology and the market system will be launched even more in atypical forms. In other words, while we are seeing a relative reduction in military violence, at the same time we definitely are seeing an increase in political, economic, and technological violence. However, regardless of the form the violence takes, war is war, and a change in the external appearance does not keep any war from abiding by the principles of war.” The above quote is from the book Unrestricted Warfare jointly written by two People’s Liberation Army (PLA) Colonels, namely Qaio Liang and Wang Xiangsui. The book was published in Beijing in early 1999. In the twelve years since it was unveiled to the West, the work has largely been dismissed as unlikely wishful thinking on the part of the authors. The book is not representative of PLA military philosophy or official policy. As recently as 2008, discussions held at the Pentagon in strategic-level war games were dismissive of Chinese capability and intent in the cyber realm. Source: US Navy Institute Blog, Annapolis, Maryland: March 2010 2012 PART 1 3 UNCLASSIFIED CHINA’S DEPENDENCE UPON OIL SUPPLY” By CAPT David L.O. Hayward (Rtd), former IT consultant in the oil industry.
    [Show full text]
  • 17CTCE Onsite Prog A5+TD.Indd
    Conference Programme SPE Annual Caspian Technical Conference and Exhibition Chasing the Margins 1 – 3 November 2017 I Baku, Azerbaijan CELEBRATING 20 YEARS OF THE SPE BAKU SECTION 1997-2017 Host Organisation: Platinum Sponsor: In Participation With: SM Fairmont Hotel, Baku Azerbaijan I www.spe.org/go/17ctce WELCOME FROM THE EXECUTIVE COMMITTEE CO-CHAIRS ABOUT SPE TABLE OF CONTENTS Dear Colleague, Society of Petroleum Engineers Sponsors 2 The Society of Petroleum Engineers About our Partners 3 As conference co-chairs, and on behalf of the Conference Executive and Technical (SPE) is a not-for-profi t professional Venue Floor Plan 4 Programme Committees, we thank you for attending the SPE Annual Caspian Technical association whose members are Schedule of Events 5 engaged in energy resources Conference and Exhibition. Committees 7 development and production. SPE serves more than 164,000 members Opening Ceremony 8 This year’s conference theme “Chasing the Margins” will focus on the current market in 143 countries worldwide. SPE is a Conference Programme and Panel Sessions 9 conditions facing the oil and gas industry, both globally and on a local level, and the ways key resource for technical knowledge Technical Programme 11 in which our industry should respond. The velocity and magnitude of price volatility has related to the oil and gas exploration Speaker Biographies 23 pushed the industry to shift focus from “chasing barrels” towards “chasing effi ciency” to and production industry and provides General Information 28 services through its publications, events, Student Development Summit 30 enhance the value of the ultimate products. The modernisation of the industry, the training courses, and online resources at collaboration between oil and gas operators, contractors, service providers and www.spe.org.
    [Show full text]
  • Reference Document 2008
    REFERENCE DOCUMENT 2008 REDISCOVERING ENERGY REFERENCE DOCUMENT 2008 Incorporation by reference Pursuant to Article 28 of European Regulation No. 809/2004 of April 29, 2004, this Reference Document incorporates by reference the following information to which the reader is invited to refer: • with regard to the fiscal year ended December 31, 2007 for Gaz de France: management report, consolidated financial statements, prepared in accordance with IFRS accounting principles and the related Statutory Auditors’ reports found on pages 113 to 128 and pages 189 to 296 of the Reference Document, registered on May 15, 2008 with l’Autorité des Marchés Financiers (French Financial Markets Authority, or AMF), under R. 08-056; • with regard to the fiscal year endedD ecember 31, 2007 for SUEZ: management report, consolidated financial statements, prepared in accordance with IFRS accounting principles and the related Statutory Auditors’ reports found on pages 117 to 130 and pages 193 to 312 of the Reference Document, filed onM arch 18, 2008 with l’Autorité des Marchés Financiers (French Financial Markets Authority, or AMF), under D. 08-0122 as well as its update filed on June 13, 2008 under D. 08-0122-A01; • with regard to the fiscal year ended December 31, 2006 for Gaz de France: management report, consolidated financial statements, prepared in accordance with IFRS accounting principles and the related Statutory Auditors’ reports found on pages 105 to 118 and pages 182 to 294 of the Reference Document, registered on April 27, 2007 with l’Autorité des Marchés Financiers (French Financial Markets Authority, or AMF), under R. 07-046; • with regard to the fiscal year ended December 31, 2006 for SUEZ: management report, consolidated financial statements, prepared in accordance with IFRS accounting principles and the related Statutory Auditors’ reports found on pages 117 to 130 and pages 194 to 309 of the Reference Document, filed on April 4, 2007 withl’Autorité des Marchés Financiers (French Financial Markets Authority, or AMF), under D.
    [Show full text]
  • Kazmunaygas National Company JCS - Climate Change 2019
    KazMunayGas National Company JCS - Climate Change 2019 C0. Introduction C0.1 (C0.1) Give a general description and introduction to your organization. JSC National Company “KazMunayGas” (KMG) is a vertically integrated national oil and gas company that operates across upstream, midstream and downstream segments, representing the interests of the state in the oil and gas industry of Kazakhstan. Outside of Kazakhstan, KMG has more than a thousand fuel sales points in Romania, Moldova, Bulgaria, and Georgia. KMG International N.V. is a strategic enterprise for oil refining and marketing in Romania and the countries of the Black Sea and Mediterranean basins with the access to the end-user market with a population of more than 300 million people. The company accounts for 26% of the total oil and gas condensate and 15% of natural and associated gas production in Kazakhstan, 56% of oil transportation via oil pipelines and tankers from the port of Aktau, as well as 79% of natural gas transportation via main gas pipelines and 82% of oil refining in Kazakhstan with a share of oil products retail market amounting to 17%. KMG also contributes to the economic growth of Kazakhstan and Romania by employing over 83 thousand people. We recognise that our long-term success depends on how effectively, transparently and responsibly we conduct our business. We are committed to support and develop the expertise and knowledge of our human capital as well as to work closely with the communities to ensure operational excellence in regions where we operate. We also understand that the company holds the responsibility to continuously improve its environmental performance by reducing its environmental footprint, improving the products and introducing innovative green technologies.
    [Show full text]
  • IAEE Energy Forum
    Issn 1944-3188 Third Quarter 2019 IAEE Energy Forum CONTENTS PRESIDENT’S MESSAGE 7 Lessons of an Oil Market Analyst (and the value of an IAEE Is energy the daily business of the economy? membership) Energy economists tend to look at the horizon and 11 Auctions for Renewable Energy always look further beyond it. Support: Lessons Learned in the AURES Project There are good reasons for doing so: it is true that the lifespan of energy investments is very long, sometimes 15 Transition to a Capacity Auction: a Case Study of Ireland exceeding a century for some power lines or dams. Such a lifetime requires anticipation in the decision-making 19 Challenges in Designing Technology-neutral Auctions for process and a need for robust modelling. As a result, Renewable Energy Support energy economists are debating the different world 23 Auction Design Influences views of energy for 2035-2050, giving the impression Efficiency: California’s that they do not care about the short term. Consignment Mechanism in By the way, what does the short term mean? The next Perspective decade? Next year? Next month? Next job? 25 Carbon Tax or Cap and Trade? In my role as President of IAEE, I have the opportunity to meet not only my fellow Evidence from the Province of economists, but also decision-makers from the industrial sector or the Administration Ontario’s Recent Cap and Trade Program or government authorities. Our discussions on how energy economists could contribute to economic development 31 What Do the Results from the Finnish RES Auction of 2018 Reveal suggest that economists should report more on short-term changes than in 2035- About Efficiency? 2050.
    [Show full text]
  • Petroleum Geo-Services
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 20-F n REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ¥ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2005 OR n TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR n SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report Commission File Number: 1-14614 Petroleum Geo-Services ASA (Exact name of registrant as specified in its charter) Kingdom of Norway (Jurisdiction of incorporation or organization) Strandveien 4, N-1325 Lysaker, Norway (Address of principal executive offices) Securities registered or to be registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on Which Registered American Depositary Shares, each representing New York Stock Exchange, Inc. one ordinary share of nominal value NOK 10 per share Ordinary shares of nominal value NOK 10 per share* New York Stock Exchange, Inc. Securities registered or to be registered pursuant to Section 12(g) of the Act: None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None Indicate the number of outstanding shares of each of the issuer's classes of capital or common stock as of the close of the period covered by the annual report: 60,000,000 ordinary shares, nominal value NOK 10 per share.
    [Show full text]
  • Valuation Considerations Amid Uncertainty in the Oil and Gas Sector
    O&G Market Update Valuation Considerations Amid Uncertainty in the Oil and Gas Sector June 30, 2020 David Scott Managing Director, Alternative Asset Advisory Energy & Mining Co-Leader David Scott is the head of Energy and Infrastructure Portfolio Valuation at Duff & Phelps and global co-leader of Duff & Phelps’ Energy & Mining Group. David has worked throughout the Alternative Asset Advisory, Financial Reporting, Transaction Opinion and Dispute Consulting practices within Duff & Phelps nearly 20 years of experience in the energy industry and 17 years with Duff & Phelps. David’s professional experience includes valuation of business enterprises, equity and debt interests, various fixed and intangible assets associated with businesses, portfolio analysis, transactional analysis, allocation of purchase price and litigation support purposes. David has managed a range of engagement types, including valuation of minority and control equity interests for various purposes, portfolio valuation assurance, ESOPs, corporate planning, recapitalizations and arbitrations and litigations. A significant amount of David’s experience in the valuation of business enterprises and equity and debt interests has focused on the valuation of illiquid securities of private equity, hedge funds, fund of fund investors, pensions and endowments. He specializes in valuations of portfolios of illiquid interests held by alternative investors and has valued management fees and carried interest for private equity management entities. David’s private equity and hedge fund experience includes the quarterly valuation of private loans, including senior secured and subordinated debt, convertible preferred and common equity, warrants and other derivatives, and limited partner and general partner interests. Duff & Phelps, LLC David authored the Energy Valuation section of PEI's Private Equity Valuation "Definitive Guide to Valuing Investments Fairly", by D&P Dallas (2014).
    [Show full text]
  • Learning from Failure: China's Overseas Oil Investments
    Journal of Current Chinese Affairs China aktuell Moreira, Susana (2013), Learning from Failure: China’s Overseas Oil Investments, in: Journal of Current Chinese Affairs, 42, 1, 131–165. ISSN: 1868-4874 (online), ISSN: 1868-1026 (print) The online version of this article and the other articles can be found at: <www.CurrentChineseAffairs.org> Published by GIGA German Institute of Global and Area Studies, Institute of Asian Studies in cooperation with the National Institute of Chinese Studies, White Rose East Asia Centre at the Universities of Leeds and Sheffield and Hamburg University Press. The Journal of Current Chinese Affairs is an Open Access publication. It may be read, copied and distributed free of charge according to the conditions of the Creative Commons Attribution-No Derivative Works 3.0 License. To subscribe to the print edition: <[email protected]> For an e-mail alert please register at: <www.CurrentChineseAffairs.org> The Journal of Current Chinese Affairs is part of the GIGA Journal Family which includes: Africa Spectrum ●● Journal of Current Chinese Affairs Journal of Current Southeast Asian Affairs ●● Journal of Politics in Latin America <www.giga-journal-family.org> Journal of Current Chinese Affairs 1/2013: 131165 Learning from Failure: China’s Overseas Oil Investments Susana MOREIRA Abstract: Thirsty for oil and other raw materials needed to fuel its breakneck development, China is funnelling money and manpower into an expanding number of countries in order to secure access to natural resources. This effort has successfully increased Chinese oil assets over- seas but it has also exposed Beijing and Chinese national oil companies (NOCs) to significant risks.
    [Show full text]
  • Additional Informations of the Annual Report 2019
    2019 Annual Report Additional information Annual Report 2019 – Additional Information I. TABLES OF RETURNS 1 Auditor’s Report on GIPS Compliance ................................................................................ 5 2 Independent Auditor’s Report ........................................................................................... 6 3 General Notes ................................................................................................................... 8 4 Rates .............................................................................................................................. 11 5 Credit ............................................................................................................................. 12 6 Long Term Bonds ............................................................................................................ 14 7 Real Return Bonds .......................................................................................................... 15 8 Short Term Investments .................................................................................................. 16 9 Real Estate ..................................................................................................................... 17 10 Infrastructures ................................................................................................................ 20 11 Public Equity ................................................................................................................... 22 12 Private
    [Show full text]
  • Massive and Misunderstood Data-Driven Insights Into National Oil Companies
    Massive and Misunderstood Data-Driven Insights into National Oil Companies Patrick R. P. Heller and David Mihalyi APRIL 2019 Contents EXECUTIVE SUMMARY ............................................................................................................................... 1 I. UNDER-ANALYZED BEHEMOTHS ......................................................................................................... 6 II. THE NATIONAL OIL COMPANY DATABASE .....................................................................................10 III. SIZE AND IMPACT OF NATIONAL OIL COMPANIES .....................................................................15 IV. BENCHMARKING NATIONAL OIL COMPANIES BY VALUE ADDITION .....................................29 V. TRANSPARENCY AND NATIONAL OIL COMPANY REPORTING .................................................54 VI. CONCLUSIONS AND STEPS FOR FURTHER RESEARCH ............................................................61 APPENDIX 1. NOCs IN NRGI’S NATIONAL OIL COMPANY DATABASE ..........................................62 APPENDIX 2. CHANGES IN NOC ECONOMIC DATA AS REVENUES CHANGED..........................66 Key messages • National oil companies (NOCs) produce the majority of the world’s oil and gas. They dominate the production landscape in some of the world’s most oil-rich countries, including Saudi Arabia, Mexico, Venezuela and Iran, and play a central role in the oil and gas sector in many emerging producers. In 2017, NOCs that published data on their assets reported combined assets of $3.1 trillion.
    [Show full text]
  • Materials for the Extraordinary General Meeting of Shareholders of Kazmunaigas Exploration Production JSC (“Company”) 14 April 2014
    Materials for the Extraordinary General Meeting of Shareholders of KazMunaiGas Exploration Production JSC (“Company”) 14 April 2014 An extraordinary general meeting of shareholders (“EGM”) has been called pursuant to resolution adopted on 28 January 2014 by the Board of Directors of KazMunaiGas Exploration Production JSC (“KMG EP” or “Company”). The EGM is to be held on 14 April 2014 at: 17 Kabanbay Batyr, Astana at 10:30AM with the following agenda: On 28 January 2014 the Board of Directors of KazMunaiGas Exploration Production JSC (“KMG EP” or “Company”) called an extraordinary general meeting of shareholders (“EGM”) for 14 April 2014 to be held at: 17 Kabanbay Batyr, Astana at 10:30AM with the following agenda: 1. Appointment of members to the Board of Directors; 2. Amount and terms of compensation package for the members of the Board of Directors of KMG EP. Pursuant to Article 10.16 of the Company’s Charter, the notice of the EGM was published in the Kazakhstanskaya Pravda and Yegemen Kazakhstan newspapers on 8 February 2014. 1. Appointment of members to the Board of Directors Pursuant to the resolution adopted by the extraordinary general meeting of Company’s shareholders adopted on 16 April 2013, the term of the Board was set at three years, i.e. through 15 April 2014. The EGM is held following a resolution adopted by the Company’s Board on 28 January 2014. The notice of the EGM was published in the Kazakhstanskaya Pravda and Yegemen Kazakstan newspapers on 8 February 2014 (pursuant to Article 10.16 of the Company’s Charter).
    [Show full text]
  • Kazakhstan Systematic Country Diagnostic
    Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Report No. 125611-KZ A new growth model for building a secure middle class Kazakhstan Systematic Country Diagnostic April 2018 Contents Acknowledgments .......................................................................................................................... viii Abbreviations .................................................................................................................................... x 1. Setting the stage: Poverty, shared prosperity, and jobs in a changing economic context .................. 1 1.1 Trends in poverty reduction and shared prosperity ........................................................................... 4 1.2 Jobs, earnings, and productivity ........................................................................................................ 13 1.3 Looking ahead—four mutually reinforcing strategic pillars for building a secure middle class ....... 18 2. Strategic Pillar 1: Economic management for diversification ......................................................... 21 2.1 Understanding the components of economic growth in Kazakhstan ............................................... 21 2.2 Fiscal and monetary policy during commodity cycles ....................................................................... 26 2.3 Governance and public sector effectiveness ...................................................................................
    [Show full text]