ALB China Law Awards 2009: Energy & Resources Deal of the Year
By ALB
|
Thursday, 17 September 2009
Behind the Energy & Resources Deal of the Year 2009: China Oilfield Services Acquisition of Awilco Offshore
Firms: Clifford Chance; Jingtian & Gongcheng; King & Wood; White &
Case; WongPartnership
Bank: CICC; JPMorgan
Why:
China's largest integrated offshore oilfield services provider acquired Norwegian oil & gas drilling contractor in US$2.5bn deal
Largest 100%-stake overseas acquisition in non-oil & gas category accomplished in energy sector in China by value to date
First major overseas transaction by A- and H-share company, and third largest China outbound M&A transaction for the year
Finalists:
Central Asia-China Gas Pipeline
China Coal Energy IPO
China Guangdong Nuclear Power
Chinalco Acquisition of Stake In Rio Tinto
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