Hugh Tucker is head of the Global Projects department in Houston, firmwide head of the Oil and Gas practice and a member of the Executive Committee. His practice concentrates on complex commercial transactions involving the oil and gas, chemical, real estate and energy industries, including acquisition, divestitures, joint ventures and project development and financing.
Mr. Tucker’s oil and gas practice focuses on acquisitions and sales of refineries, oil and gas companies, unconventional (shale, CBM, tight sands) and conventional exploration and producing properties through stock acquisitions, asset acquisitions and mergers, exploration and development programs, farmouts, joint operating arrangements, joint ventures and other investment vehicles. He has extensive experience in auction processes from seller and buyer perspective, gas sales, processing and transportation arrangements; public and private financings of refineries and oil and gas assets and companies; expansion, construction, and acquisition of refineries, gathering and processing facilities and pipelines; acquisition of pipeline rights-of-way; ethane and other NGL sales and transportation agreements; biofuels alliances, coal to liquids and gas to liquids project development and other alternative fuels projects and investments.
Mr. Tucker’s chemical industry practice has focused on the sale of business units and subsidiaries; formation of joint ventures for specialized product lines and sale of chemicals and other products; financing of chemical facilities, inventory and receivables; steam and electricity agreements with adjacent cogeneration facilities; purchase of feedstocks, logistics and other transportation issues (rail, pipeline, truck and barge); integration and sharing of services, utilities and fuel streams with adjoining plant owners; and management of real estate and pipeline assets.
Mr. Tucker has been actively involved in all facets of the development, operation, leasing and financing of Class “A” real estate projects in cities across the United States as well as several international cities, including land assemblage; negotiation of construction and service contracts; negotiations with governmental authorities; negotiations with anchor tenants (including cash flow participation and equity participation in the ownership of the project); negotiation of debt and equity financing by life insurance companies, national banks, public and private pension funds, REITs, and other U.S. and international institutional investors; formation of partnerships and limited liability companies; and renegotiation of arrangements with lenders, equity investors and other partners.
Mr. Tucker is experienced in project development and financing work related to several independent power, chemical, coal to liquid, gas to liquids, refinery, NGL and infrastructure projects in the U.S. and internationally, including structuring of investments, bid preparation, host government arrangements, site acquisition, development and EPC arrangements.
