News 22 Jan. 2025

Curtis Advises Prime Global Energies in Acquiring Offshore Licences in Cameroon and Namibia

Curtis advised Prime Global Energies, a leading player in Pakistan’s oil and gas sector, on its acquisition of minority stakes in two offshore licences in Cameroon and Namibia.

Through this acquisition, UK-based Prime Global Energies is taking on a 42.5% non-operated interest in the Thali licence for $15 million. The sum will be in the form of a cash contribution into the Thali work, including drilling of a well in 2025.

The deal was led by Partner, Marc Hammerson and assisted by trainee, Seb Fender.

Related resources

client alert

UK Launches the World’s First Sanctions Regime Dedicated to Targeting Organized Immigration Crime

Read

client alert

UK Launches PISCES: A New Secondary Market for Private Company Shares

Read

publications

Curtis Attorneys Contribute to the Elgar Concise Encyclopedia of International Commercial Arbitration

Read