Exploration and Production Sharing Contract

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Mozambique’s Decree Law: Worth the Wait

The much anticipated Decree Law for Offshore Areas 1 and 4 was published on 2 December 2014 (Decree Law No. 2/2014). It provides a clear and comprehensive legal framework for their development and includes significant...more

Joint Development Trends in Oil & Gas Transactions

The development of shale plays continues to be the focus of the energy industry. According to the U.S. Energy Information Administration, almost a quarter of the estimated natural gas resources in the U.S. and approximately...more

Pemex Requests E&P Areas from SENER

On March 21, 2014 Petróleos Mexicanos (Pemex) submitted its round zero proposal to the Secretaría de Energía (SENER), Mexico’s department of energy. Although the details of the proposal are not yet public, SENER has indicated...more

Cyprus concludes second hydrocarbon licencing round

In late 2011, Noble Energy International Ltd (“Noble”) announced the discovery of an average of 7 trillion cubic feet of natural gas in Block 12 of the Republic of Cyprus’ (“Cyprus”) Exclusive Economic Zone (“EEZ”), which...more

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