By Stuart Carter, partner and head of oil and gas at Fieldfisher
Private equity's lean machines are demanding a shake-up of traditional legal service delivery – particularly in the margin-sensitive oil and gas sector. Stuart Carter, head of oil and gas at Fieldfisher, looks at how law firms are responding to the market's changing needs.
Israel’s Delek Group Ltd. and U.K. chemicals company Ineos Group are emerging as the front-runners for a package of North Sea oil and gas fields put on sale by Chevron Corp., according to people familiar with the matter.
Fears have been raised of “another false dawn” for north-east jobs on carbon capture and storage (CCS) as the government risks falling behind on delivery plans.
Chevron has announced plans to buy fellow US oil and gas operator Anadarko Petroleum in a deal worth £38.2bn, the largest upstream takeover since 2015.