The firm advised West Siberian Resources as it merged with Alliance Oil to form a combined oil company operating across
The mandate is a coup for the firm’s corporate team, which worked opposite Clifford Chance (CC) on the deal, which took three months to complete.
Bakers fielded a multi-jurisdictional team from offices across Europe with lawyers in
The firm’s Swedish team was headed by partners Bo Lindqvist and Cecilia Bjelle, while Alexey Frolov took the lead role on the transaction in
Bakers advised alongside Anthony Smith of Conyers Dill & Pearman in
CC took the lead for Alliance Oil, with
Stewart told Legal Week: “In recent years there has been a steady stream of Russiancompanies listing on Western markets.
“This transaction was unusual in that the
“As a result of the transaction the Russian shareholders in
West Siberian produces oil, develops oil fields and carries out exploration work, operating in three of Russia’s most oil-rich regions — Tomsk, Timano-Pechora and Volga-Urals.