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Simpson Grierson advises OMV on landmark transaction

March 23, 2018


Partners Barney Cumberland, James Hawes, James Craig
Senior Associates Bronwyn Heenan, Joanna Lim

Simpson Grierson news and events M&A and capital markets

We're delighted to have advised our long-standing client OMV on its US$578m acquisition of Shell’s upstream oil and gas business in New Zealand.

OMV, which operates both upstream and downstream oil and gas businesses around the world, has agreed to buy Shell’s upstream business in New Zealand including a 48% interest in Pohokura, the largest gas-producing field in the country, and an 83.75% interest in the Maui gas field.

Partner Dave Trueman led a wide team from across the firm to advise on all aspects of the landmark transaction, including corporate, commercial, tax, competition/regulatory, environmental, superannuation and employment issues.

Key team members included Barney Cumberland (Tax), James Hawes (Corporate), James Craig (Competition), Aimee Sandilands (Corporate), Bronwyn Heenan (Employment) and Joanna Lim (Superannuation).