Clement N. Fondufe

Mr. Fondufe's experience includes advising:

• Petroleum Exploration Production Africa (PEPA) in the development and financing of an on shore oil production platform in the Ngoki oil field in the Republic of Congo and a crude oil pipeline to the export facility 
• An energy company on the development and financing of a biofuels project in the Middle East
• Saudi Aramco on the development and project financing of a landmark carbon capture and sequestration project in the Middle East
• Saudi Aramco in the financing of the US$9.9 billion Rabigh Refinery and Petrochemical Project in Saudi Arabia*
• Saudi Aramco in connection with multiple joint venture refining and petrochemical developments, including Ras Tanura, Jubail, Sadara, Jizan, Motiva, and Yanbu*
• The sponsors, led by Total, in connection with the US$20 billion financing by several ECAs of the development of an LNG Project in Mozambique; the transaction was named Global Multilateral Deal of the Year of 2020 by Project Finance International
• The lenders, including several export credit agencies, in connection with the financing of the development of a greenfield export refinery complex in Oman 
• Assala Energy (a Carlyle Group company) in connection with the acquisition of Shell's upstream onshore hydrocarbon assets in Gabon and a reserved-based lending facility of US$320 million; the Shells assets include over seven existing product sharing contracts
• The mandated lead arranger and lenders in connection with the US$500 million financing of Phase 1 of the Tonkolili iron ore project in Sierra Leone and the development of associated infrastructure, including roads, bridges, railways, and seaports 
• Mittal Steel Holdings Limited in connection with the financing of a US$1.3 billion iron ore mining development of the LAMCO project in Liberia and the associated rail, warehousing, and port infrastructure 
• Mubadala Development Company in connection with the evaluation of an investment in Compagnie de Bauxite de Guinea, a large bauxite mining project in Guinea 
• The Federal Ministry of Finance of the Federal Republic of Nigeria, in close coordination with other Government agencies, in the structuring and creation of the Nigerian Sovereign Investment Authority 
• ALSF and the Government of Somalia in connection with the concession agreement for the Aden Abdulle Mogadishu International Airport in Somalia 
• An AIM listed company in connection with the preparation of its joint bid for an estimated US$600 million Nigerian located oil and gas portfolio 
• Iberdrola S.A. in the preparation and submission of a successful bid to the French Government in connection with the tender process for the development of a large offshore wind farm in France 
• A confidential international marketer and technology licensor in a joint venture for the development of a project for the ownership, financing, construction operation, and maintenance of a world-scale greenfield propane dehydrogenation unit (PDH) and a polypropylene unit (PP) in Saudi Arabia
• The lenders, including Euler Hermes and SACE, on the refinancing and expansion financing of an ammonia facility in Egypt

*Matter completed prior to joining Latham