Nicholas A. Molan

nicholas-molan

Nicholas A. Molan

Counsel

Hong Kong | Dechert, 31/F Jardine House, One Connaught Place, Central, Hong Kong
+852 3518 4719 | +852 3518 4777

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Nicholas A. Molan practices in the area of corporate law, with a focus on the energy and natural resources industry. Mr. Molan has significant experience advising clients on matters in relation to the petroleum and natural gas sectors.

Mr. Molan represents financiers, national oil companies, private energy companies, project developers, and other entities on construction and development, joint venture and shareholder arrangements, mergers and acquisitions, operation and maintenance, and trading transactions.

Mr. Molan has been recognized for his work in the energy industry by legal publications including The Legal 500 Asia Pacific 2017 and Euromoney Legal Media Group's Expert Guides.

Significant Representations

Oil & Gas

  • A Chinese state-owned company in relation to its proposed acquisition of a U.S. oil major's natural gas fields in Bangladesh.
  • Sinopec in connection with its acquisition of a 10% stake in SIBUR, Russia’s largest vertically integrated gas processing and petrochemicals company, as a strategic investor.
  • Reliance Industries in its US$7.2 billion sale of Indian oil and gas assets to BP.
  • CNOOC in relation to the long-term purchase from BP of up to 1.5 million tonnes of LNG per year and related regasification arrangements, a transaction which has been valued at approximately US$20 billion.
  • A Chinese company on the commercialization of significant natural gas reserves in the Horn of Africa.
  • An Australian energy company in relation to its development of a US$16 billion greenfield LNG project in eastern Australia.
  • China Investment Corporation (CIC) in connection with the €2.3 billion acquisition of a 30 per cent stake in the gas and oil exploration and production business of Gaz de France (GDF).

Project Finance & Infrastructure Development

  • China National Petroleum Corporation/Petrochina in connection with its participation in the Yamal LNG Project in Russia.
  • China National Oil and Gas Exploration and Development Company (CNODC) in relation to its participation in the Project Pacific Refinery Project in Ecuador.
  • An American energy company in connection with its development of an LNG export terminal in British Columbia.
  • A developer of one of the largest gas fields in India and a related 1,400 kilometre cross-continent gas pipeline.
  • An American energy company on its participation in the development of a 320 kilometre gas pipeline and natural gas liquids plant in Tunisia.
  • Emirates Aluminium Company in connection with its construction, procurement, and technology arrangements for its 1.3 million tonnes per year aluminium smelter at Taweelah in Abu Dhabi, UAE, with a transaction value of approximately US$6.4 billion.

Energy & Commodity Transactions

  • A Chinese state-owned company in relation to its long-term LNG supply arrangements and various Master LNG Sale and Purchase Agreements with 15 suppliers.
  • The buyer in relation to various Master LNG Sale and Purchase Agreements with multiple suppliers for delivery into an Asian country.
  • A Gulf-region aluminium smelter in the negotiation of its long-term supply contracts for alumina, calcined petroleum coke, and other commodities, and related transportation arrangements, as well as the negotiation of its long-term aluminium sales contracts and related transportation arrangements.
  • An Australian energy company in relation to its long-term sale and purchase agreements, and related shipping arrangements, for export of LNG from Australia and Papua New Guinea.
  • Reliance Industries Limited (as user) in relation to the negotiation of multiple LNG regasification services agreements and master regasification services agreements.
  • GdF Suez in relation to its proposed participation in a 300-MW wind-turbine power generation project in Tarfaya, Morocco.
  • A Gulf-region national oil company in relation to its entry into a floating LNG storage and regasification service agreement, and related LNG purchase arrangements (on a long-term and spot basis).

Mergers & Acquisitions

  • Anadarko Petroleum Corporation in its US$1.075 billion disposition of its Chinese subsidiary to a wholly owned subsidiary of Brightoil Petroleum (Holdings) Limited.
  • A Chinese state-owned company on its acquisition of a majority equity interest in two independent power projects in Bangladesh.
  • An Australian energy company in connection with the US$4 billion sales of interests in coal seam gas reserves, a gas pipeline, and a greenfield LNG plant to Asian and European buyers.
  • An independent energy company in relation to the acquisition of an operating interest in certain upstream petroleum assets offshore Malaysia.
  • China National Petroleum Corporation in connection with the acquisition of certain upstream oil and gas assets in Sumatra, Indonesia.

Project Finance & Other Finance

  • Wayzata Investment Partners (as lender) on the provision of a US$100 million secured term facility for the purchase of an ultra-premium jackup drilling rig.
  • Mubadala Development Company on the proposed development and financing of a 420-MW integrated hydrogen power plant and carbon capture and storage system in Abu Dhabi, UAE.

Includes matters handled at Dechert or prior to joining the firm.

Education
  • The University of Melbourne, B.A., 2003, First Class Honors
  • The University of Melbourne, Bachelor of Law, 2003, Honors
  • Financial Services Institute of Australasia, Graduate Certificate of Applied Finance and Investment, 2005
Admissions
  • Registered Foreign Lawyer, Rechtsanwaltskammer Frankfurt am Main
  • Hong Kong
  • High Court of Australia
  • Senior Courts of England and Wales
  • High Court of Hong Kong
Languages
  • English
  • French
Memberships

AMPLA Resources and Energy Law Association
Association of International Petroleum Negotiators
Law Society of England and Wales
Law Society of Hong Kong
Law Institute of Victoria