Vivek is a partner in the Corporate Group of our Calgary office. His practice focuses on the energy value chain, from extraction or generation, transportation, and transmission to the marketing of energy products to end users. His practice also includes private M&A transactions, and he frequently advises clients in the structuring, ownership and operation of energy infrastructure projects. He has represented clients on transformative projects, including the development of liquefied natural gas export facilities, equity participation transactions between energy industry project proponents and First Nations, renewables energy partnerships and the development of linear infrastructure projects throughout Canada. Vivek is a director of the Canadian Energy Law Foundation, serves on the executive of the ABA International Energy and Environmental Law Section and has taught Oil and Gas Contracts at the University of Calgary Faculty of Law. Vivek is extensively involved in the Calgary community, including as Co-Chair of the United Way Major Donor Cabinet and as past Chair of the Board of Directors of the Centre for Newcomers.
First came the price reductions in oil when OPEC and Russia failed to reach an agreement on quotas, and then the dramatic demand destruction from the COVID-19 pandemic
Courts have emphasized that the Indigenous consultation standards on both governments and proponents of pipeline and other infrastructure projects are high but achievable
NEP Canada Corp., a wholly owned subsidiary of Newton Energy Partners LLC of Houston and a portfolio company of Kayne Anderson Funds, indirectly sold all of the outstanding shares in NEP Canada ULC, its Canadian exploration and production operating subsidiary, to Aspenleaf Energy Ltd.
On October 18, 2017, Schlumberger Production Management (SPM), along with Torxen Energy, entered into a definitive agreement for the purchase of the Palliser Block assets located in Alberta from Cenovus Energy Inc., an integrated Canadian oil company, for cash consideration of $1.3 billion. The deal closed on December 7, 2017.
On January 20, 2017, Murphy Oil Canada (Murphy) completed the sale of Peace River heavy oil lands in the Peace River Oilsands Area (Greater Seal Area) to Baytex Energy Ltd. (Baytex) for consideration in the amount of $65 million.
On February 27, 2015, Calgary-based Newalta Corporation (Newalta) completed the sale of its Industrial Division to Revolution Acquisition LP (Revolution), a subsidiary of Toronto-based Birch Hill Equity Partners Management Inc. (Birch Hill), for cash proceeds of $300 million. The Industrial Division is comprised of several business streams including major facilities and assets located across Canada. The sale creates a new stand-alone company, Terrapure Environmental, which has its headquarters in Burlington, Ontario.