Practice Areas - Project Finance and Infrastructure Law Firms and Lawyers
| Deal Date: | 10-01-2017 | Practice Area: | Project Finance and Infrastructure |
| Deal Title: | Saudi Aramco JV with PT Pertamina at Cilacap Refinery, Indonesia | Industry: | Oil & Gas Producers |
| Description: |
White and Case LLP advised Saudi Arabian Oil Company (Saudi Aramco) on its Joint Venture Development Agreement with PT Pertamina (Persero) (Pertamina), Indonesia's state-owned oil and gas company, for the approximately USD5 billion upgrade of the Cilacap refinery in Indonesia.
The agreement was signed on December 22, 2016 between Saudi Aramco President and CEO Amin Nasser and Pertamina President-Director and CEO Dwi Soetjipto, detailing the framework for moving the project to the next phase of development. This followed the heads of agreement signed in November 2015.
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| Financial Center: | Singapore | Value: | 1000.01-5000.00 |
| Advised Party: | Equity Sponsor | Law Firm | White & Case |
| Project Location | Indonesia | Equity Sponsor | Saudi Arabia |
| Classification: |
Project Finance Oil and Gas |
Lawyer | David Gartside |
