Mayer Brown announced today that it advised Mitsui & Co., Ltd. (“Mitsui”) in the acquisition of a participating interest in offshore oil and gas fields in the Gulf of Mexico from Shell Offshore Inc.

Under the agreement, which was announced on December 5, 2016, Mitsui is to acquire a 20 percent working interest in Shell’s Kaikias and Circius 100-percent owned assets in the Mississippi Canyon area of the Gulf of Mexico.

The Mayer Brown team advising Mitsui was led by Corporate & Securities partner Pablo Ferrante (Houston) and included: Corporate & Securities partners Tom Moore and Jeff Dobbs and associates John Furlow, Robin Clarkson and Diego Perez (all Houston); Litigation & Dispute Resolution partners Robert Kriss (Chicago) and Mike Lennon (Houston) and counsel Roger Patrick (Washington DC); Tax Transactions & Consulting partner Ed Osterberg (Houston); and Banking & Finance partner Kevin Shaw (Houston).