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Deal Date: 08-04-2014 Practice Area: Project Finance and Infrastructure
Deal Title: Finance for Ratu Nusantara Production, Storage and Offloading Facility Industry: Oil & Gas Producers
Description:
Watson, Farley Williams Asia Practice LLP advised a joint venture involving M3nergy and PT Transamudra as sponsors on a USD182,000,000 term facility and USD38,400,780 guarantee facility. The funds will finance the floating production, storage and offloading facility named "FPSO Ratu Nusantara". The FPSO Ratu Nusantara is scheduled for operation by Petronas Carigali in the "Bukit Tua" oil and gas field in the Ketapang block, offshore Madura Island, East Java, Indonesia. Partner Andrew Nimmo led the WFW Asia Practice team for this deal, assisted by senior associate Shawn Er.
Financial Center: Singapore Value: 100.01-500.00
Advised Party: Equity Sponsor Law Firm
Project Location Indonesia Equity Sponsor Indonesia
Classification: Project Finance Oil and Gas
Lawyer Andrew Nimmo