Mcdermott Advises Wentworth Resources On Agreement In The Ruvuma Production In Tanzania - McDermott Will & Emery

Mcdermott Advises Wentworth Resources On Agreement In The Ruvuma Production In Tanzania

Overview


McDermott Will & Emery represented Wentworth Resources, the independent, Tanzania-focused natural gas production company, on its agreement with Scirocco Energy plc to acquire a 25% non-operated working interest in the Ruvuma Production Sharing Agreement in Tanzania.

The acquisition will transform Wentworth into a multi-asset domestic gas producer in Tanzania and represents a first step for Wentworth into asset diversification and towards a full-cycle portfolio.

Wentworth Resources plc is a leading, domestic natural gas producer in Tanzania with a core producing asset at Mnazi Bay in the onshore Ruvuma Basin in Southern Tanzania.

The McDermott team was led by counsel Elisabeth Moseley and included partner Mark Fine, senior associate Nicholas Jupp and associates Marta Wrobel and Kai Ye Ang.