Oil & Gas
We have a thorough understanding of the different phases of an oil & gas project, which allows us to advise producers, sellers, and buyers in a wide array of affairs including financing, regulatory requirements, operation and distribution.
Our members have extensive experience in oil & gas arbitrations (both commercial and investment), covering cases relating to farm-outs and farm-in, joint operating, exploration and exploitation, production sharing, among other type of agreements.
Additionally, we have dealt with industry issues such as, inter alia, duties and other charges imposed on oil revenues, termination of contracts and licenses, supply of equipment and gas pricing.
South American State in 3 ICSID disputes brought by investors from the US and France due to regulatory measures applied to foreign revenues on oil exploration and exploitation contracts. Over US$ 6,5 billion in dispute.
US investor in an ICSID case against a Middle East country concerning the termination of a license for carrying out oil exploration activities. Over US$ 2 billion in dispute.
South American public entity in an ICC arbitration against a US services supplier for goods relating to oil & gas drilling. Over US$ 250 million in dispute.
Spanish company in an ICC arbitration against a US party related to the transport fees of a gas pipeline.
Latin American public entity in 3 ICC oil & gas arbitrations.