Press Release

Morgan Lewis Advises Blue Water Energy on Strategic Investment in Unique Maritime Group

July 16, 2014

DUBAI, July 16, 2014: Global law firm Morgan Lewis today announced that it has advised London-based Blue Water Energy (BWE), a leading energy focused private equity firm, in connection with their strategic investment in Dubai-based Unique Maritime Group (UMG).

BWE was founded in 2011 and closed its Fund I in 2013 with US$861 million in commitments. Fund I’s investment strategy is focused exclusively on the energy industry with core subsector focus areas including oilfield services, manufacturing, storage and logistics, and reserve development. UMG is one of the world’s leading integrated turnkey subsea and offshore solution providers, with local presence in the Middle East, U.S., UK, South Africa, Nigeria, India and Singapore, and employs over 500 people worldwide.

Morgan Lewis’s Dubai-based Business and Finance Practice partner Jim Knight and associates Philip Dowsett and Jane Sohn acted as BWE’s lead legal counsel on the transaction. London-based Tax Practice partner Kate Habershon, Washington D.C.-based International Trade & Economic Sanctions Practice partner Margaret Gatti and of counsel Marynell DeVaughn, and New York-based Antitrust Practice partner Harry Robins assisted with the transaction.