The law firm McGregor & Partners has concluded, for the following two years, a legal assistance agreement with SC Petrofac Solutions & Facilities Support SRL, part of the British group of companies Petrofac, one of the world leaders in the field of services for the oil industry. McGregor & Partners were appointed as a result of a selection procedure in which other elite law firms from Romania took part.
Neil McGregor, managing partner of McGregor & Partners, declared: “We are delighted to have been selected to offer legal assistance to Petrofac. Taking into account that renewable energy was an important field of activity for McGregor & Partners in recent years, it is a pleasure for us to bring again the field of natural resources to our portfolio, especially the one of oil and gas but also the one of cumulative increase of oil extraction.”
With this new agreement, McGregor & Partners continues its development in the field of oil and gas work which begun in early 1996 when Neil McGregor assisted BP, Shell and Texaco on their downstream operations in Romania. Following that work, the law firm assisted one of the main institutional shareholders of Rompetrol before it was taken over by Kazmunaigaz. The firm has also assisted other international clients in the upstream exploitation of hydrocarbons in Romania.
In 2010 Petrofac entered into a 15-year contract with Petrom, south-east Europe’s largest oil and gas producer, to provide production enhancement services for the Ticleni oil field and its eight satellite fields in western Romania.