Richard provided advice in negotiating and finalizing a real estate transaction regarding the Houston consulate of a country in South America.
Richard advised an Australian oil and gas exploration and production company in negotiating offshore drilling operations in New Zealand. He has provided similar services connected to the sale and purchase of offshore oil rigs and drilling contracts for various owners and operators worldwide.
Richard acted as lead counsel for the U.S. subsidiary of a European shipping conglomerate in the offshore oil and gas industry, in a complex sales agreement involving a semi-submersible drilling unit. The agreements included converting the unit to a production facility as well as ongoing services to be provided by an affiliate of the seller after the deal was done.
Richard assisted a Brazilian offshore drilling contractor in establishing a Delaware-based limited liability company for a joint venture. He acted as U.S. local counsel, and advised the company on methods to limit exposure to liability as the company constructed, financed, and operated a deepwater drillship and offshore flotel. When a counterparty faced financial problems, he helped his client minimize the effects on its affairs.