Position: Partner, energy and infrastructure
Beggs led Dentons’ advice for French energy giant Total on its $1.6m acquisition of a 40 per cent interest in two shale gas exploration licenses in the UK’s Gainsborough Trough. She was assisted by senior energy associate John Stockdale and planning associate Roy Pinnock.
What was your role on this deal?
I led the team which advised French energy giant Total as the first major oil company to invest in two shale gas exploration licences in the UK, in the Gainsborough Trough area of the East Midlands.
How did you win the mandate?
Total is a longstanding client of the firm, going back at least 80 years. I am very fortunate to follow in the footsteps of the various partners who built up the relationship with Total over those years. We won this work as a direct result of our relationship with this very important client.
What was unique about the structuring or nature of the deal?
The fact that it is onshore rather than offshore. Whilst there are similarities with previous offshore deals I have worked on, there are also significant differences, most notably the interplay with the planning regime and the different environmental regime. This was a great opportunity to work with my colleagues in our planning and environmental departments.
What was the first deal you worked on as a trainee or lawyer?
As a relatively junior in house lawyer at British Gas, I helped BG buy two LNG tankers. I was amazed to be given such an interesting and complicated piece of work at such an early stage in my career.
What’s your most memorable moment on a deal?
I’m lucky to work in a sector where most of the deals are memorable so it’s difficult to pick one. Completing this deal for Total though was pretty special given that it is a groundbreaking deal in every sense.