Compania General de Combustibles’ Acquisition of Sinopec Argentina Exploration and Production

HFW, working alongside Marval O’Farrell Mairal and Dentons, advised Argentina’s Compania General de Combustibles on the deal, while Dechert, Alfaro Abogados and Maples assisted Sinopec Argentina Exploration and Production.

Argentina’s Compania General de Combustibles (CGC) acquired Sinopec Argentina Exploration and Production – the local unit of China Petroleum & Chemical Corp.

The deal includes Sinopec’s assets in Patagonia’s San Jorge and Cuyana basins, and means CGC is now one of the top-five oil and gas producers in Argentina.

CGC is one of the main gas transport operatives in the nation, through its shareholding in TGN, GasAndes and TGM, with 7,540 km of national gas ducts, and interconnections with Brazil, Chile, and Bolivia.

The HFW team was led by Alex Kyriakoulis (Picture) and also included Patrick Cheung, Tony Wong and Andrew Williams.

In Argentina, Marval O’Farrell Mairal advised CGC with Francisco A. Macías, Diego A. Chighizola and María Macarena García Mirri.

In Cayman Islands, Dentons advised CGC with Brian J. Patterson.

In Argentina, Alfaro Abogados advised Sinopec with  Sebastián Rodrigo.

Dechert advised Sinopec in Hong Kong with partner Xiao Yong, counsel Nicholas Molan and associate Adam Schmelzer, and Maples advised Sinopec in Cayman Islands.

Involved fees earner: Sebastian Carlos Rodrigo – Alfaro Abogados; Nicholas Molan – Dechert; Adam Schmelzer – Dechert; Xiao Yong – Dechert; Brian Patterson – Dentons; Patrick Cheung – Holman Fenwick Willan LLP; Alex Kyriakoulis – Holman Fenwick Willan LLP; Andrew Williams – Holman Fenwick Willan LLP; Tony Wong – Holman Fenwick Willan LLP; Diego Chighizola – Marval, O’Farrell & Mairal; Maria Macarena Garcia Mirri – Marval, O’Farrell & Mairal; Francisco Macias – Marval, O’Farrell & Mairal;

Law Firms: Alfaro Abogados; Dechert; Dentons; Holman Fenwick Willan LLP; Marval, O’Farrell & Mairal;

Clients: Compañía General de Combustibles S.A.; Sinopec – China Petroleum & Chemical Corp.;

Federica Tiefenthaler

Author: Federica Tiefenthaler