Hogan & Hartson has bagged a trophy role on one of the largest private equity deals to hit the Scandinavian market, with the US-based law firm acting on the $900m (£448m) buy-out of Nordic oil and gas company Aibel.

The Washington DC law firm acted for a group of investors led by Norwegian venture capital fund Ferd II on their acquisition of the company from a high-profile syndicate comprising Candover, 3i and JP Morgan Partners.