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About Eimear

Eimear Murphy is a transactional lawyer with over 13 years of experience advising clients in the upstream oil and gas financing market. She has advised borrowers, banks, traders and international financial institutions on reserve based lending, acquisition finance, prepayment financings and syndicated lending. Eimear has experience advising on cross-border transactions in Europe, Africa, Latin America and the Middle East, including several acquisition and bid processes in the upstream market.  

Eimear has been recognised by Chambers Global as “Up and Coming” (2024) in UK - Energy & Natural Resources: Oil & Gas and Chambers UK as “Up and Coming” (2022-2024) in Energy & Natural Resources: Oil & Gas: “Eimear is very switched on and very responsive.” (Chambers UK, 2024). She was also listed as a “Rising Star” (2020-2021) and “Next Generation Partner” (2022-2024) in Finance – Emerging Markets by The Legal 500 UK, and as a key lawyer for Bank Lending: Investment Grade Debt and Syndicated Loans: “She is committed, proactive, a good communicator, and she demonstrates a deep understanding of the legal and commercial aspects of the oil and gas industry. This enables her to advise clients on more than the legal aspects of a transaction, which sets her aside as a legal adviser.” “Eimear Murphy is a very dedicated partner, with deep knowledge of the oil and gas industry in general and RBL market in particular.” (The Legal 500, UK 2021).

Eimear is very switched on and very responsive.
Chambers UK, 2024

Experience

Recent Notable Matters

DNB Bank — lenders’ counsel for Serica Energy’s new $525 million reserve-based lending facility

Etablissements Maurel & Prom SA — debt financing aspects to acquire Assala Energy from Carlyle, including a $750 million bridge financing

Neptune Energy Group Holdings Limited — refinancing of $1.5 billion senior secured borrowing base facilities agreement

ING Bank N.V. and a syndicate of lenders — US$450 million senior secured borrowing base facility for ONE-Dyas to fund oil and gas assets in the United Kingdom and the Netherlands

NEO Energy — senior borrowing base facilities agreement to, among other things, acquire Zennor Petroleum Limited, Exxon’s UK North Sea Assets and Total’s UK North Sea Assets

NEO Energy — junior financing to, among other things, acquire Total's UK North Sea Assets

Lender — a $300 million prepayment agreement in connection with forward sale of crude oil in Nigeria

Borrower — a $300 million senior secured facility agreement with a multi-lateral bank

Trader — a $50 million prepayment agreement in connection with the forward sale of crude oil in Albania

Carlyle International Energy Partners — finance counsel in The Carlyle Group’s acquisition of Occidental’s entire onshore portfolio in Colombia for a total consideration of $825 million

Seplat Petroleum Development Company plc — $350 million revolving credit facility to fund the acquisition of Eland Oil Plc

ING Bank N.V. and a syndicate of lenders — US$900 million borrowing base facility for ONE-Dyas based on oil and gas assets in the UK, Netherlands and Gabon

Nephin Energy — advising the lenders in connection with a €150 million reserve based lending facility for Nephin Energy in connection with the Corrib gas field, offshore Ireland

Etablissements Maurel & Prom SA — extension to $600 million term loan facility with commercial banks and $200 million shareholder loan

Neptune Energy Group Holdings Limited — upsizing of senior secured reserve based lending facility to $2.6 billion

Zennor Petroleum — advising the lenders in connection with a £170 million facility agreement to fund the development of the Finlaggan gas condensate field in the UK North Sea

Etablissements Maurel & Prom SA — $600 million term loan facility entered into with a group of international banks to repay its existing indebtedness and fund the development of its assets in Gabon

Seplat Petroleum Development Company plc — $300 million financing secured by its oil and gas assets in Nigeria

Neptune Energy Group Holdings Limited — debt financing aspects of the $3.9 billion acquisition of a majority stake in ENGIE E&P International

Petrogas — $265 million senior secured borrowing base facility, as borrower to refinance existing facilities and finance the development of petroleum assets in Oman

Lenders to Siccar Point Energy — borrowing base facility agreement to partially fund the acquisition of OMV’s North Sea oil and gas business

FlowStream Commodities Limited — $200 million stream to Cairn Energy

Seplat Petroleum Development Company plc — $1.7 billion financing (comprising a revolving facility with international banks and a reserve based facility with Nigerian banks) in relation to oil and gas assets in Nigeria

Etablissements Maurel & Prom SA — up to $650 million revolving credit facility arranged by BNP Paribas, Crédit Agricole Corporate and Investment Bank, Natixis and Standard Chartered Bank

Société Générale and BNP Paribas — $100 million secured borrowing base facility to Irminio in relation to its Italian petroleum assets

Publications and Speeches

“U.K. Government Continues the Fight for Shale,” Natural Gas World, 2015.

Credentials

Education

BPP Law School, UK,
L.P.C.
2008
with distinction
London School of Economics,
LL.M.
2006
with distinction
University College Dublin,
BBLS
2004
with distinction

Bar Admissions

Solicitor of the Senior Courts of England and Wales

News

News

RBLs — When Two Black Swans Collide

UK Government Continues the Fight for Shale

Insights

Noteworthy

Noteworthy

Chambers Global
UK - Energy & Natural Resources: Oil & Gas (Up and Coming, 2024)
Chambers UK
Energy & Natural Resources: Oil & Gas, 2022 - 2024 (Up and Coming, 2022 - 2024)
The Legal 500 United Kingdom
Finance – Emerging Markets, 2018 - 2024 (Rising Star, 2020 - 2021; Next Generation Partner, 2022 - 2024); Projects, Energy and Natural Resources – Oil & Gas, 2021 - 2022, 2024; Finance – Bank Lending: Investment Grade Debt and Syndicated Loans, 2020, 2024
London School of Economics
11 Kings Bench Walk Prize, 2005 - 2006