JOHN RICHARDS

SENIOR ASSOCIATE 

London, UK

Having a wealth of experience spanning most of the downstream oil and gas industry, John is an authority on trading, marketing and shipping crude oil, condensate and LPG.

With 34 years of experience gained in both the upstream and downstream and spanning three continents, John has extensive experience managing existing oil and gas businesses and developing new business based on the trading and marketing of hydrocarbons.  He has negotiated and drafted significant commercial agreements on behalf of both his employers and clients.   

Previous employers include; Poten & Partners, ACM Shipping PLC, Woodside Petroleum, Mobil Oil Australia, Shell South Africa

Recent Assignments

  • John has negotiated the sale of crude oil on behalf of a number of clients, most recently for a client which had purchased mature assets in Eastern Europe and which faced barriers with the potential to significantly impact value received.

  • During 2015 John undertook due diligence on the sale and purchase agreements that Serica took over from BP as a result of the former’s purchase of the Erskine asset from BP.  John also negotiated the sale of Serica’s Erskine LPG to Statoil. 

  • Since 2009 John has undertaken a number of market studies for clients with oil discoveries in West Africa including Bowleven, BHP and New Age, providing clients with input to support decisions regarding infrastructure type and size. 

  • John negotiated the key terms for the sale of LPG and condensate by Kogas back to Shell in relation to the former’s entitlement to these products arising from its interest in the Prelude project in Australia.

  • Market studies to support commercial decisions were done for a client intending to develop a product terminal in the Red Sea and a client based in the Caribbean whose product has market-limiting characteristics.  

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