The Texas-based group, Newfield, is understood to have sold its Malaysian businesses as part of a wider strategy to focus on the US. The deal was signed on 22 October 2013.
LXL makes the rankings again in the Legal 500 thanks to our "in-depth knowledge and a focus on the sector not apparent in many other firms."
(Legal 500 2014)
We are pleased to announce that LXL has been shortlisted in the Energy Advisory Firm of the Year category in the relaunched Petroleum Economist Awards.
"First-class' energy boutique LXL enters the ranking this year.
LXL LLP advised SapuraKencana Petroleum Berhad in its successful US$898 million acquisition of Newfield Exploration's entire Malaysian oil and gas assets.
We are very pleased to announce that LXL is now in its 10th Anniversary Year. Starting in January 2003 we were most fortunate that clients that had worked with us over the decades started immediately to instruct us on their international projects.
Following the success of last year's Energy handbook focusing on the Gas and LNG sectors, we are pleased to announce that this year's Energy handbook, which looks at international arbitration in the energy sector, has now been published for our clients and friends of the firm.