Latham & Watkins has advised PT Pertamina (Persero) in the signing of a series of Memorandum of Understanding (MOU) for the upgrade and expansion of five refinery facilities in Indonesia at an estimated cost of approximately US$25 billion. The MOUs were signed with Saudi Aramco, China Petroleum and Chemical Corp (Sinopec), and JX Nippon Oil and include the redevelopment of the Cilicap, Balongan, Plaju, Dumai and Balikpapan refineries.
Latham & Watkins Singapore-based team was led by partners Clarinda Tjia-Dharmadi, Joseph Bevash, Michael Sturrock, Stephen McWilliams and Rod Brown.
Source: www.lw.com
