AFRICAN HUB COUNTRIES LEADING FIRMS
Key transactional highlights: • Advised one of the largest- midstream companies in the US in a proposed joint venture with the Ghana National Petroleum Corporation to develop the Tano gas field and build power badges for the production of electricity in the Western Region.
2nd Floor World Trade Centre Independence Avenue Accra, Ghana
P.O. Box 6274 Accra-North, Ghana
Tel: +233 302 679222, 679231 Fax: +233 302 669589 Email:
fugar@ghana.com Web:
www.fugarandcompany.com.gh
Key contacts:
William E. Fugar,Managing Partner Tel: +233 302 679 222 Email:
fugar@ghana.com
Larry Otoo, Senior Partner Tel: +233 302 679 220 Email:
pmanager@fugarandco.com
Firm profile:
Established in 1977, Fugar & Company has maintained its reputation amongst leading full-service legal practices across Ghana. It focuses on corporate and commercial law whilst possessing strong legal expertise in other diverse areas of law. The firms practice areas include project finance; mergers and acquisitions; corporate finance and securities; infrastructure; energy, natural resources, oil and gas: banking and finance; and dispute resolution.
Acting both as Barristers and Solicitors, Fugar & Company is committed to a consistent policy of providing a high-quality, professional tailor-made service according to each client’s needs. The firm’s lawyers are recognized as incredibly practical lawyers who get deals done diligently and efficiently.
Practice areas:
Corporate & Commercial, Corporate Finance and Securities, Project Finance, Mergers and Acquisitions, Infrastructure, Banking and Finance, Energy, Natural Resources, Oil and Gas, Dispute Resolution
Previously acted as local counsel for: Allen & Overy, Clifford Chance, Herbert Smith Freehills LLP, Norton Rose, Slaughter & May, and White & Case LLP in cross-border transactions.
Energy & Infrastructure practice profile:
Company & Commercial division: Fugar & Company has an extensive practise in Company & Commercial law and provides a wide range of legal services to the business and financial sectors, including incorporation of businesses, establishment of branches, liaison and representative offices, negotiation and drafting of various agreements including shareholders’ agreements, sale and purchase agreements, management and technical service agreements, agency, distribution and licensing agreements. The Firm also provides legal services in corporate restructuring, and the establishment of various types of joint venture relationships and other forms of commercial collaboration.
• Advised a U.S. based Power Company on its joint venture with the Volta River Authority to develop a thermal plant to generate and distribute electricity, as well as its exploration of the natural gas reserves in Ghana.
• Advised Devon Oil in its acquisition of exploration rights offshore the Republic of Ghana.
Project Finance division: Project Finance has gained immense popularity in countries across Africa due to the reality that governments must turn to private sector capital in order to finance ambitious projects that have the potential to propel the economies in these countries. The Firm has expertise in structuring and documentation of loan facilities of all kinds as well as related security packages. It has represented banking clients on a number of large and complex transactions and has been instrumental in handling diverse legal issues including dispute resolution pertaining to the banking and financial sector. The firm continues to play an important role in the development and evolution of project finance in Ghana’s natural resources, energy, and oil and gas industry.
Key transactional highlights: • Advised a syndicate of lenders financing one of the major oil exploration and production companies presently involved in petroleum operations in the Jubilee Field offshore Ghana.
• Advised a syndicate of lenders who refinanced the financial obligations of one of the major oil companies in the Petroleum Agreement with the Government of Ghana and in the Unitisation Agreement pertaining to the Jubilee Oilfield offshore the Republic of Ghana.
• Advising a syndicate of lenders on a US$329,000,000 financing for the expansion of a Thermal Power Generating Plant, and gas fired thermal plant.
• Advised a petroleum bulk distribution company in relation to its USD$ 130,000,000 trade finance facility for the procurement of crude oil and petroleum products.
Corporate division: Fugar & Company has over the years worked in a number of mergers & acquisitions transactions and has, through working with international law firms, gained vast experience and expertise in acting on complex, high- value, cross-border work as well as a range of smaller transactions. The Firm has over the years proven to be an excellent choice for mergers and acquisitions work bringing together international experience and local knowledge.
Key transactional highlights: • Advised on the proposed Farm-In/ acquisition of a leading Norwegian oil and gas exploration company into a key partners interest in the Deep Water Tano license/block offshore Ghana
• Advised a strategic investor on the potential acquisition of the Ghana Government’s 40% stake in Ghana Commercial Bank.
68 ENERGY & INFRASTRUCTURE | SUB SAHARAN AFRICA 2013
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92