Appleby reports USD 22 billion spent on offshore Energy & Natural Resources companies in 2018
Our latest Energy & Natural Resources report reveals that collectively, the ten largest deals in the sector were worth USD 15.6 billion. There were strong showings from companies incorporated across the region, notably Jersey, Hong Kong and the Isle of Man. Mining continues to make headlines, with companies prepared to pay considerable sums for the right fit for their ambitions. With an eye to the future, strategic purchases and investments into sources of renewable and alternative energy supplies also feature. Meanwhile the deepwater drilling industry is still undergoing an industry shakedown, with new contractual terms and technology developments leading to mergers and capital raising.
Appleby advises some of the world’s largest energy companies, governments, regulators and investors, on all aspects of the industry and related infrastructure projects, from oil and gas, mining and natural resources exploration, through the generation and production chain to final delivery and distribution.
The Energy and Natural Resources team are based in our offices in key offshore jurisdictions that are significant to the industry – such as Bermuda, BVI, Cayman, Guernsey, Hong Kong, Isle of Man, Jersey, Mauritius and the Seychelles – and work closely with onshore advisers located in all relevant jurisdictions.