The anticipated acquisition of Nexen by CNOOC provides further evidence of global organisations' continuing interest in the North Sea, and another example of major merger and acquisition activity on the UK continental shelf.
The oil and gas team in Barclays Corporate Banking division revealed it had been involved in deals providing funding for acquisitions and exploration and production amounting to almost £220million in the first quarter of this year.
Aberdeen-based law firms and firms with Granite City offices are highlighted in The Legal 500 as the key players in Scotland in the oil and gas sector.