Newspaper > Legal Opinion Articles

  • December 2016 Issue

    Energy in the Middle East: The Big Picture for 2017

    By Hugh Fraser, Office Managing Partner, Andrews Kurth Middle East
    We are heading towards the end of one of the most transformational years in living memory: at the start of the year, the ink was barely dry on the Paris COP21 Agreement on climate change, the Iran Joint Co-Operation Agreement brought Iran back into the world of international petroleum trade and the oil price slumped to $28;

  • October 2016 Issue

    Joint Ventures in the Energy Sector: Structuring JVs for Success in Egypt

    The sheer scale of investment needed to bring Egypt’s deepwater upstream, downstream oil and gas, and power projects into operation, and the specific needs for foreign investment, casts a sharp focus on the joint venture mechanism for doing business in Egypt. The aggregate level of investment anticipated across these sectors currently exceeds $100 billion and it is hoped that the IMF funding package of $12 billion agreed in August will serve as the catalyst to kick start or accelerate much of the needed investment.

  • September 2016 Issue

    Protecting and Commercializing Advanced Petroleum Technology: The Role of Intelligent Energy Law in 2016

    The world of energy sustained a threefold shock to the system as the industry rolled into 2016. First, the impact of the COP21 Agreement reached on 12th December 2015 in Paris, which stressed the need to focus on the reduction of carbon emissions, had arrived definitively. This brought sharply into focus the International Energy Agency’s proposed “Bridge Scenario” which, it is claimed, could deliver a peak in energy-related emissions by 2020, relying solely on proven technologies and without changing economic development prospects of any region by virtue of five key initiatives: increased energy efficiency; the progressive reduction and phasing out of inefficient coal-fired power plants; phasing out fossil fuel subsidies by 2030; reducing methane emissions in oil and gas production; and increasing investment in renewable energy technologies from $270 million in 2014 to $400 billion in 2030.

  • September 2016 Issue

    Oil and Gas Arbitral Awards in Egypt

    The issue discussing domestic versus foreign arbitrations has dominated news in the energy industry in Egypt in the past months. It has become a key conundrum for oil, gas, renewables, and other energy companies that are operating in the country. Foreign energy investors have objected to the requirements by the government to hold all their dispute settlement processes in Egypt. Instead, they requested to have an option to file suits abroad with international arbitration centers, shall there arise any disagreements in the future.

  • August 2016 Issue

    RE-ASSESSING RISK AVOIDANCE STRATEGIES IN LNG CONTRACTING

    Despite the tsunami of power generation development that is currently underway throughout the world and dependent upon renewable energy technologies, more traditional thermal electricity generation strategies are still in play for a number of reasons.

  • July 2016 Issue

    RE-ASSESSING RISK AVOIDANCE STRATEGIES IN LNG CONTRACTING

    By Mark Thurber, Partner, Andrews Kurth LLP
    Despite the tsunami of power generation development that is currently underway throughout the world and dependent upon renewable energy technologies, more traditional thermal electricity generation strategies are still in play for a number of reasons.

  • May 2016 Issue

    Renewable Energy for Egypt’s Optimal Generating Mix


    The response of various governments and other policy makers and advocates to the worldwide emergence and ongoing development possibilities of renewable energy, particularly of the wind and solar variety, has been inconsistent. The spectrum of policy implementation ranges from ardent promotion to tepid indifference. Renewables’ penetration into the various grids of the world appears, more often than not, to correspond to the degree of promotion of renewables extant in each locale.

  • April 2016 Issue

    Managing Legal and Commercial Risks in the Egyptian Offshore Industry

    The Mediterranean Offshore Conference that will be held on 19th – 21st April in Alexandria will be dominated this year by the impact of the major ENI Zohr Gas Field and BP West Nile Delta projects, which between them are anticipated to involve $27b of investment. This is an exciting time in Egypt’s offshore oil and gas development.

  • March 2016 Issue

    Foreign Investment in Egypt: Motivations and Methods of Encouragement

    We are now at the first anniversary of the game changing investment summit held last March in Sharm El-Sheikh. The summit sent out a clear message, that Egypt was “open for business,” and actively seeking foreign investment. This first anniversary landmark is the right time to re-visit why foreign investors should be committing to Egypt, as well as measure the progress that Egypt’s government and business community has made in the last 12 months, and to track what remains to be done.

  • February 2016 Issue

    Protecting and Commercializing Petroleum Technology: Recent Developments in Intelligent Energy Law

    Intelligent Energy Law is a key element of the continuing progression of “Intelligent Energy” solutions and innovations. It can be defined as the strategic planning and application of international law and contracts to maximize investment returns on advanced technology and know-how through the creation, acquisition, commercialization and protection of intellectual property.