This edition combines and updates two previous publications – Oil and Gas in Africa: A Legal and Commercial Analysis of the Upstream Industry and African Upstream Oil and Gas: A Practical Guide to the Law and Regulation, both published by Globe Law and Business in 2015 – and has two central elements.
First, it discusses the opportunities and challenges found in a variety of topical issues. For example, chapters describe the production sharing contract (PSC) and economic terms governing regional exploration and production activity; and although PSCs are not an exclusive host government instrument, they are of growing importance for countries looking for greater control over and societal benefits from petroleum production. The book also covers OHADA, financing, M&A, security and decommissioning issues in an African context, and new chapters explore natural gas and ESG.
Secondly, the book features a country-by-country analysis of African oil and gas, detailing the oil and gas frameworks and key issues in Algeria, Republic of the Congo, Egypt, Equatorial Guinea, Gabon, Ghana, Kenya, Libya, Mauritania, Mozambique, Nigeria, Senegal, South Africa, Tanzania and Tunisia. Jurisdiction-focused chapters examine the petroleum laws, the types of legal arrangement in place, the fiscal terms, the acquisition of acreage, governing law, dispute resolution mechanisms and governmental control.
This comprehensive edition features contributions from leading experts from across the industry, including from ministries of petroleum, national oil companies, international oil companies, law firms and consultancies. It will be of benefit to all industry participants and advisers pursuing oil and gas opportunities across the continent.
Inhaltsverzeichnis
Introduction 7
Eduardo G Pereira
Siberian Federal University; University of São Paulo
Damilola S Olawuyi
Hamad Bin Khalifa University College of Law
Part I Context, principles and key topics
Upstream agreements 11
Kevin Atkins
Matthew Daffurn
Bryan Cave Leighton Paisner
Comparative economic and financial analysis 39
Christopher RK Moore
Moore Energy Consulting LLP; School of Law, University of Texas
Security of oil and gas projects: risk allocation strategies 53
Nadine Amr
Nonkululeko Zondo
Vinson & Elkins
Financing of oil and gas operations 65
Opeyemi Atawo
Bruce Johnston
Morgan, Lewis & Bockius UK LLP
Trends in upstream M&A 77
Alexander Msimang
Christopher B Strong
Steven J Wilson
Nonkululeko Zondo
Vinson & Elkins
Public procurement and local content in the upstream oil and gas industry 89
Dominic O Akabuiro
Lead City University, Ibadan, Nigeria
Olayemi Anyanechi
Nigerian Upstream Petroleum Regulatory Commission
Eduardo G Pereira
Siberian Federal University; University of São Paulo
OHADA: The organisation for harmonisation of business law 109
Olivier Chambord
Allison Soilihi
Morgan, Lewis & Bockius UK LLP
The growing and evolving role of national oil companies 129
Bjørn-Erik Leerberg
Simonsen Vogt Wiig
West Africa natural gas development: an appraisal of legal frameworks and regional agreements 149
Dominic O Akabuiro
Lead City University, Ibadan, Nigeria
Eduardo G Pereira
Siberian Federal University; University of São Paulo
ESG considerations for midstream and downstream oil and gas 161
Elena I Athwal
LLM candidate, Harvard Law School
Damilola S Olawuyi
Hamad Bin Khalifa University College of Law
Eduardo G Pereira
Siberian Federal University; University of São Paulo
Maximising economic recovery: does the regulation of third-party access to oil and gas infrastructure in the UKCS and Nigeria meet that objective? 185
Okechukwu C Aholu
Nottingham Trent University
Nnennaya J Nwali
University of Aberdeen
Eduardo G Pereira
Siberian Federal University; University of São Paulo
Eddy L Wifa
University of Aberdeen
Decommissioning in Nigeria 209
Olubunmi Fayokun
Aluko & Oyebode
Dispute resolution involving oil and gas assets 219
Mark Beeley
Alexander A Witt
Orrick
Part II Jurisdictions
Algeria 237
Samir Bekhti
ALNAFT
Maude Lebois
Gaillard Banifatemi Shelbaya Disputes
Republic of the Congo 263
Océane Paprocki
Catarina Távora
Miranda & Associados
Egypt 281
Mohamed El Ehwany
Bahaa-Eldin Law Office in cooperation with Bonelli Erede
Equatorial Guinea 287
Ricardo Alves Silva
Miranda & Associados
Gabon 299
Archa Dutta
Catarina Távora
Miranda & Associados
Ghana 319
Thomas Kojo Stephens
Stobe Law; University of Ghana School of Law
Kenya 355
Mwendia Nyaga
Oil & Energy Services Ltd; OML Africa Logistics Ltd
Libya 377
Waniss A Otman
Petroleum economist and analyst
Mauritania 407
Cheikhany Jules
Cheikhany Jules Law Office
Mozambique 431
Paulo Ezequiel
PEA
Paulo Rage
Mayer Brown
Nigeria 441
Latifat Folashade Yusuff
Legal practitioner, Nigeria
Senegal 471
Aboubacar Fall
AF Legal Law Firm
South Africa 483
Kennedy Chege
Faculty of Law, University of Cape Town
Tanzania 501
Beatrice Mwella
University of Dar-es-salaam, Tanzania
Noel Shiyo
CBS Law Offices
Tunisia 517
Waniss A Otman
Petroleum economist and analyst
Conclusion 551
Eduardo G Pereira
Siberian Federal University; University of São Paulo
Damilola S Olawuyi
Hamad Bin Khalifa University College of Law
About the authors 559
About Globe Law and Business 573