Carey Olsen assists oil investment

Posted: 12/04/2018

Carey Olsen's corporate team in Guernsey has advised Blue Water Energy (BWE) on its investment in new Norwegian oil firm Mime Petroleum.
 
Partnering with Blackstone Energy Partners, the combined investment by BWE and Blackstone for Mime Petroleum is for an initial sum of up to $1bn.
 
Mime Petroleum, an independent development and production company, was established by BWE and Sverre Skogen, now Chairman and CEO of Mime. It focuses on acquiring assets available on the Norwegian continental shelf and pursuing production optimisation, developments and near-field exploration opportunities.
 
Carey Olsen Partner Andrew Boyce led the team advising BWE on the Guernsey legal and regulatory aspects of its investment into Mime Petroleum, supported by Senior Associate Ruth Abernethy.


Add a Comment

  • *
  • *
  • *
  • *
  • Submit

Want to know when we publish new content?

All you need to do is sign up for our newsletter.You'll receive a daily summary email of new items which have been published.

Please be advised that the volume of Business News articles which we publish is fairly high and you should expect to receive an email most days.

You can update your preferences at any time by registering for a blglobal.co.uk account and visiting the 'Your Profile' page.



Subscribe

It's easy to stay current with blglobal.co.uk.

Just sign up for our email updates!

Yes please! No thanks!