The firm responds to growing client needs in energy diversification and decommissioning.
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Aberdein Considine, a prominent legal firm, has announced the formation of a specialized energy practice aimed at addressing the evolving challenges and opportunities within the energy sector. With over a century of combined experience in the energy industry, the firm is poised to assist clients navigating the complexities of energy diversification, particularly in areas such as decommissioning and renewable energy.
Responding to client needs in a changing landscape
The establishment of this new practice comes in response to a significant increase in demand from clients who are diversifying their operations. Aberdein Considine has successfully completed more than 15 mergers and acquisitions (M&A) transactions and numerous contract negotiations in the past year alone.
The firm anticipates that this trend will continue to grow in the upcoming financial year, reflecting the dynamic nature of the energy market.
A team of experts to guide energy clients
The newly formed energy practice is led by Rod Hutchison, a partner with extensive experience in the sector, alongside a team of seasoned professionals including Ritchie Whyte, Gemma Perfect, Nicola Gray, and Elaine Elder. This diverse group brings expertise in corporate advisory, commercial real estate, employment law, and dispute resolution, ensuring a comprehensive approach to client needs.
Rod Hutchison emphasized the importance of this initiative, stating, “With increased uncertainty around energy, exacerbated by changes in the fiscal regime and the challenges of the acceleration towards net zero, we wanted to consolidate our extensive experience and hard-won reputation in the industry by establishing a dedicated, specialist energy practice.”
Proactive strategies for mitigating disputes
As the energy sector faces increasing regulatory and fiscal challenges, Aberdein Considine is committed to helping clients proactively manage their employment practices and policies. The firm has observed a growing trend among energy clients seeking to conduct health checks on their employment terms, recognizing that proactive measures can significantly reduce the risk of disputes.
In addition to internal support, the firm is fostering closer collaborations with organizations such as OEUK and the Aberdeen Renewable Energy Group (AREG). These partnerships are crucial for enhancing the firm’s capabilities and expanding its reach within the energy sector.
A long-term commitment to the energy sector
Ritchie Whyte, another partner in the firm, remarked on the significance of the new energy team, stating, “The formation of our energy team is testament to the firm’s long-term commitment to this sector and our desire to support our energy clients across the full ambit of legal services.” With Rod Hutchison at the helm, the team is well-positioned to lead the firm’s ambitious growth plans in the energy domain.
As Aberdein Considine embarks on this new chapter, it aims to not only support its existing oil and gas clients but also to expand its services to encompass emerging areas such as carbon capture, storage, and hydrogen energy. This strategic focus reflects the firm’s dedication to being at the forefront of the energy transition and adapting to the ever-changing landscape of the industry.
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