Top 10 Legal Advisors in Oil & Gas Industry in the World in 2021 by Deal Value

Latham & Watkins LLP, Vinson & Elkins LLP, Kirkland & Ellis LLP, White & Case LLP, and Gibson, Dunn & Crutcher LLP are among the top 5 legal advisors in the oil & gas industry in 2022 by deal value. The Total Energies-Adani deal was a major deal in the Oil & Gas sector in 2022. Latham & Watkins LLP served as legal advisor to Total Energies. Total Energies SE, a France-based power generation company, has agreed to acquire a 25% stake in Adani New Industries Ltd (ANIL), a green hydrogen company from Adani Enterprises Ltd., an integrated infrastructure company, for a purchase consideration of $12,500 million. The Oasis Petroleum-Whiting Petroleum was another major deal in the Oil & Gas sector in 2022. Baker Botts LLP and Vinson & Elkins LLP served as legal advisors to Chord Energy, while Kirkland & Ellis LLP, and Latham & Watkins LLP served as legal advisors to Whiting Holdings. Oasis Petroleum Inc, an independent exploration and petroleum company, has completed the merger with Whiting Petroleum Corp, an independent exploration and production company. The transaction has an estimated equity value of approximately $3,520 million and an enterprise value of approximately $6,000 million. The transaction will significantly enhance the scale of production and free cash flow generation to return capital to shareholders by providing a significant cost-saving and operational synergy opportunity. BP-Archaea Energy was one of the major deals in the Oil & Gas sector in 2022. Cleary Gottlieb Steen & Hamilton LLP, Kirkland & Ellis LLP, and Jones Day LLP served as legal advisors to Archaea Energy, while Freshfields Bruckhaus Deringer LLP acted as legal advisor to BP Plc. BP Plc has completed the acquisition of Archaea Energy Inc., a producer of renewable natural gas (RNG) in the US, for a transaction value of $4,100 million.