Norton Rose Fulbright advised Oryx Petroleum Corporation Ltd ( Oryx ) on the acquisition of a 30% stake of the new exploration license, Haute Mer B, granted by government of the Republic of Congo.

Oryx has acquired the license alongside Total, Chevron and the National Oil Company of Congo. As part of this acquisition, the consortium has also signed a partnership agreement for the operation and exploitation of the maritime area extending east of Moho Bilondo.

The team from Norton Rose Fulbright's Paris office was lead by Poupak Bahamin , a specialist in sub -Saharan Africa, and Valerie Becker, senior associate.

In 2012, this team assisted Oryx when it acquired its stake in the Haute Mer permit A. This quickly proved to be beneficial when in September 2013 Oryx announced the discovery of a great reservoir of natural gas and heavy oil in the Elephant concession within this area.