Upstream Oil & Gas
Acquisitions, divestments, and farm-in structures across producing and development assets.
INDUSTRIES
The fundamentals are often in place long before the capital is. We work on projects and operating assets that are bankable on the numbers but cannot raise, because the structure capital requires has not been built. The constraint is rarely the asset. It is the absence of a counterparty who can structure it and place it across the jurisdictions involved.
These transactions are cross-border by nature, partner-equity by structure, and slow to close in the wrong hands. We engage where the underlying case is real and the work is in making it fundable.
We structure and place capital for projects that are bankable but unstructured. We work cross-border, infrastructure-adjacent, and in partner-equity situations.
We structure and place capital for projects that are bankable but unstructured. We work cross-border, infrastructure-adjacent, and in partner-equity situations.
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Where we engage
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Project capital for assets with sound fundamentals and no acceptable structure
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Cross-border partner equity for resource and energy operators
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Structuring and placement across multi-jurisdictional holding arrangements
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Co-investment alongside principals on direct energy and infrastructure positions
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Coordination of capital and structuring where the principal needs a single senior counterparty
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We advise producers, developers, and service businesses across conventional energy, the transition, and the minerals supplying it.
Acquisitions, divestments, and farm-in structures across producing and development assets.
Pipelines, processing, storage, and terminals valued on contracted throughput and counterparty strength.
Processing assets where feedstock access, configuration, utilisation, and environmental obligations determine value.
Dispatchable generation and firming assets in grids that now pay for reliability.
Solar, wind, and hydro platforms from development capital through operating asset sales.
Hydrogen, renewable fuels, and lower-carbon molecules where offtake and policy support determine financeability.
Regulated and contracted networks where allowed returns, resilience, and capital programmes shape value.
Batteries and transition infrastructure where revenue stacking and offtake structure decide bankability.
Base, precious, and bulk commodities across project capital, asset transactions, and corporate advisory.
Lithium, copper, and rare earths, where strategic buyers and governments now sit on both sides of the table.
Drilling, maintenance, and technical services businesses tied to contract books and commodity cycles.
Downstream fuel and distribution networks managing long-term structural change.
Offset projects, environmental credits, and the structures forming around them.
Productive land, forestry, and integrated agricultural businesses valued on yield, water, logistics, and long-duration ownership.
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Transition capital is abundant for operating assets and scarce for development risk. The gap between the two is where structuring earns its keep.
Conventional assets still produce the cash flow. Owners are choosing between harvest, divestment, and conversion, often within the same portfolio.
Critical minerals have become strategic assets. Offtake finance, government programmes, and sovereign buyers are changing who sits across the table.
Typical Situations
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A project that is bankable on its numbers but has no structure capital will accept.
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An operator that needs cross-border partner equity and a counterparty to assemble it.
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A principal carrying an asset across jurisdictions with no senior point of coordination.
If this is the position, it is worth a conversation.
If you have a transaction, a capital requirement, a structuring question, or a matter that requires coordination across multiple jurisdictions and disciplines, we should speak.
Request an IntroductionAll enquiries are reviewed by the principal.