Counsel across energy projects from upstream rights and infrastructure through development, supply, transition, transactions and disputes.
Oil and gas projects combine long-term capital, complex regulation, infrastructure, cross-border contracting and substantial operational risk.
A single project may involve governments, licence holders, investors, operators, contractors, financiers, vessel owners, terminal operators, technical consultants, insurers and suppliers across several jurisdictions.
The legal structure must therefore address more than ownership of the underlying asset.
Licensing, concession rights, joint venture arrangements, project development, financing, procurement, construction, transport, environmental obligations, insurance, regulatory approvals, sanctions, operational responsibility and eventual decommissioning must be considered as part of one wider framework.
M. ANASTASOPOULOU & CO LLC advises companies, investors, project sponsors, contractors, service providers and financiers on oil, gas and energy matters involving Cyprus and cross-border transactions.
Our work extends from project structuring and regulatory review through investment, development, financing and commercial contracting to operations, restructuring, disputes and exit.
Where technical expertise is required, we coordinate with engineers, geologists, environmental consultants, marine specialists, insurance advisers, tax professionals, technical experts and foreign counsel.
How we advise
Upstream oil and gas
Upstream Oil & Gas
We advise on the legal and commercial framework surrounding exploration and production activities.
Our work may include licence and concession structures, participation arrangements, joint ventures, operating agreements, service contracts, financing, procurement and regulatory matters.
Where projects involve several licence holders or contractors, particular attention is given to decision-making, cost allocation, operational responsibility, liability and exit rights.
Exploration & Production Rights
Hydrocarbon projects depend upon legally valid rights to explore, develop and produce.
We advise on the legal aspects of exploration rights, production rights, concessions, licences and related governmental arrangements where applicable.
Our work may include review of contractual rights, corporate ownership, transfer restrictions, change of control, approvals, work obligations and other conditions affecting participation in the project.
Where local regulatory or technical requirements require specialist advice, we coordinate with appropriately qualified advisers.
Licensing & Regulatory Applications
We advise on legal matters arising in applications, approvals, renewals, variations and transfers involving oil and gas activities.
Our role may include corporate and ownership documentation, legal submissions, review of contractual arrangements, change-of-control issues and coordination with the relevant authorities.
Where technical, environmental or engineering submissions are required, we coordinate with the specialists responsible for those aspects of the application.
Concessions & Government Agreements
Energy projects may be governed by concession agreements, production-sharing arrangements, host-government agreements or other contractual frameworks.
We review and advise on the legal allocation of rights, obligations, payments, duration, transfer, termination, local obligations, dispute resolution and government interface.
Particular attention is given to the interaction between contractual rights and the applicable regulatory framework.
Production Sharing & Participation Arrangements
Where several parties participate in a project, the allocation of production, cost, risk and control must be clearly documented.
We advise on participation agreements, production-sharing arrangements and related contractual structures.
Our work may include economics, voting, cost sharing, operatorship, assignment, default, withdrawal, confidentiality and dispute mechanisms.
Joint Operating Agreements
Joint operating arrangements are central to many upstream projects.
We draft and review agreements governing operatorship, budgets, work programmes, voting, expenditure, cost recovery, liability, audit, default, withdrawal and transfer.
The objective is to create a governance framework capable of functioning throughout the life of the project.
Operators & Non-Operators
The legal position of an operator differs substantially from that of a non-operating participant.
We advise on rights, obligations, information, approvals, liability and cost exposure arising from the operating structure.
Where operatorship changes, we advise on the legal consequences and implementation of the transition.
Farm-In & Farm-Out Transactions
We advise on the acquisition and disposal of participating interests through farm-in and farm-out transactions.
Our work may include due diligence, consideration structures, cost carry arrangements, conditions precedent, regulatory approvals, warranties, indemnities and completion mechanics.
Where participation rights are subject to consent or pre-emption, these matters are incorporated into the transaction timetable.
Transfer of Participating Interests
We advise on transfers of licence interests, concession rights, project companies and other participation interests.
Our work may include review of transfer restrictions, approvals, consents, change-of-control provisions, financing arrangements and continuing liabilities.
Midstream, LNG and downstream activities
Midstream Infrastructure
We advise on legal matters involving transportation, storage and processing infrastructure.
This may include pipelines, terminals, storage facilities, compression infrastructure, LNG facilities and other systems connecting production with downstream markets.
Our work may include development agreements, access rights, capacity arrangements, financing, construction, operation and commercial use.
Pipelines
Pipeline projects require careful treatment of access, construction, operation and long-term rights.
We advise on pipeline development, ownership, use, capacity and access arrangements.
Our work may include land rights, easements, crossing rights, construction contracts, transportation agreements, tariffs, liability, maintenance and regulatory matters.
Pipeline Transportation Agreements
We draft and review agreements for transportation of hydrocarbons through pipeline systems.
Our work may include capacity, nomination procedures, quality specifications, pressure, delivery points, balancing, losses, tariffs, interruption, force majeure and liability.
Storage Facilities
We advise on storage arrangements for hydrocarbons and petroleum products.
Our work may include terminal storage agreements, capacity reservations, throughput arrangements, custody, product quality, loss, contamination, insurance, access and termination.
LNG Projects
LNG projects involve complex legal relationships between production, liquefaction, transport, regasification, storage and sale.
We advise on the legal aspects of LNG projects, infrastructure and commercial arrangements.
Our work may include investment structures, project development, supply agreements, terminal arrangements, shipping interfaces, financing, procurement and operational contracts.
Where technical or marine matters arise, we coordinate with appropriately qualified experts.
LNG Sale & Purchase Agreements
We draft and review LNG sale and purchase agreements and related commercial arrangements.
Our work may include volumes, delivery, pricing mechanisms, quality, nominations, take-or-pay, delivery points, title and risk, force majeure, credit support and dispute resolution.
LNG Terminals & Regasification
We advise on the legal structure of terminal, storage and regasification projects.
Our work may include development, access, capacity, use, operation, maintenance, financing and commercial arrangements.
Where marine infrastructure, berthing or vessel interfaces are involved, we coordinate with maritime and technical advisers.
Floating LNG & Offshore Infrastructure
Floating energy infrastructure may combine maritime, offshore, regulatory and project-finance considerations.
We advise on the legal aspects of floating storage, regasification and production structures where relevant.
Our work may include ownership, chartering, operation, financing, marine interfaces, contracts and regulatory coordination.
Downstream Activities
We advise on legal matters involving refining, storage, distribution and sale of petroleum and energy products.
Our work may include supply agreements, distribution arrangements, storage, transport, retail relationships, infrastructure and regulatory matters.
Petroleum Product Supply
We draft and review agreements for the sale and supply of fuels and petroleum products.
Our work may include specifications, pricing, delivery, title, risk, credit, payment security, quantity, quality, claims, force majeure and termination.
Fuel Distribution
We advise suppliers, distributors and commercial counterparties on fuel distribution arrangements.
Our work may include territory, exclusivity, minimum volumes, pricing structures, storage, delivery, branding, regulatory obligations and termination.
Service Stations & Retail Networks
We advise on legal matters concerning fuel retail networks and related commercial arrangements.
Our work may include ownership, leases, franchise-style arrangements, supply contracts, branding, equipment, environmental obligations and disputes.
Refineries & Processing Facilities
We advise on corporate, contractual and project matters involving refining and processing facilities.
Our work may include acquisitions, investments, construction, supply, maintenance, service agreements, financing and operational arrangements.
Project development, finance and security
Energy Project Development
Major energy projects require legal coordination long before construction begins.
We advise project sponsors and investors from initial structuring through land, permits, financing, procurement, construction and commercial operation.
The legal architecture is developed around the intended ownership, financing and revenue model of the project.
Project Structuring
We advise on the legal structure through which an energy project is owned, financed and operated.
This may involve project companies, holding structures, joint ventures, shareholder arrangements and contractual separation between asset ownership and operation.
Tax and accounting implications are coordinated with specialist advisers.
Project Companies & SPVs
We establish and advise special-purpose companies used to hold energy assets or project interests.
Our work may include governance, shareholder arrangements, reserved matters, funding, distributions, transfers, security and exit.
Joint Ventures
Energy projects frequently involve several strategic or financial partners.
We advise on joint venture agreements addressing ownership, governance, funding, technical contributions, voting, reserved matters, deadlock, transfers, default and exit.
Shareholders' Agreements
We draft and review shareholders' agreements for project companies and energy businesses.
Our work may include governance, board composition, capital commitments, funding obligations, information rights, transfer restrictions, drag and tag rights, deadlock and exit.
Project Finance
Energy infrastructure is often developed through substantial debt and equity financing.
We advise sponsors, borrowers, investors and financiers on the Cyprus legal aspects of project financing.
Our work may include finance documentation, security, guarantees, conditions precedent, corporate approvals, project accounts, assignments and intercreditor matters.
Security Packages
We advise on security structures involving project companies and energy assets.
Our work may include share pledges, assignments of project contracts, security over receivables, guarantees and other collateral arrangements.
The security structure should align with the project's ownership, revenue and contractual framework.
Direct Agreements
Financiers may require direct rights against key project counterparties.
We draft and review direct agreements involving lenders, contractors, operators, suppliers and other material parties.
These arrangements may address notice, cure rights, step-in rights, termination and continuation of project contracts.
EPC, construction, procurement and operations
EPC Contracts
Engineering, procurement and construction contracts are central to major energy projects.
We draft and review EPC arrangements concerning scope, specifications, price, completion, delay, testing, performance, variations, warranties, defects, liability, insurance and termination.
Particular attention is given to performance standards and allocation of delay and completion risk.
Construction Contracts
We advise on construction agreements for energy facilities and related infrastructure.
Our work may include works packages, milestones, payment, change orders, completion, defects, testing, liquidated damages, liability and dispute mechanisms.
Procurement
Energy projects involve extensive procurement of equipment, systems and specialist services.
We draft and review supply and procurement contracts covering specifications, price, delivery, inspection, acceptance, warranties, spare parts, delay, defects and liability.
Equipment Supply
We advise on contracts for specialist equipment used in oil, gas and energy projects.
Our work may include title, delivery, installation, commissioning, testing, warranties, performance guarantees and after-sales obligations.
Long-Lead Equipment
Certain equipment may need to be ordered before the wider project is fully developed.
We advise on legal structures protecting deposits, manufacturing milestones, delivery rights, cancellation, specification changes and supplier default.
Vendor & Contractor Coordination
Energy projects involve a large network of vendors and contractors.
We collaborate with engineering firms, EPC contractors, equipment manufacturers, service providers, marine contractors, logistics providers and other vendors while acting independently for our client.
Our role may include negotiating commercial contracts, coordinating contractual interfaces and ensuring that responsibilities between contractors do not leave material gaps.
Interface Agreements
Where several contractors work on interconnected parts of a project, responsibility can become fragmented.
We advise on interface agreements defining coordination, access, information sharing, programme obligations, testing, delay responsibility and liability between project participants.
Operations & Maintenance
We advise on operations and maintenance agreements governing ongoing project operation.
Our work may include performance standards, staffing, maintenance, budgets, availability, reporting, insurance, liability, termination and handover.
Technical Services Agreements
We draft and review technical services agreements involving engineers, consultants, specialist contractors and project advisers.
Our work may include scope, professional standards, deliverables, liability, intellectual property, confidentiality and termination.
Drilling & Oilfield Services
We advise on commercial agreements involving drilling, offshore services and oilfield support.
Our work may include service agreements, equipment hire, operational responsibility, liability, indemnities, insurance, delay and payment.
Where technical standards are involved, we coordinate with appropriately qualified professionals.
Offshore Services
We advise on contracts for offshore support services.
These may involve marine transport, logistics, supply vessels, specialist contractors, inspection, maintenance and other offshore activities.
The legal framework must account for the interaction between maritime, energy and project-specific risks.
Marine & Vessel Interfaces
Oil and gas projects often depend upon vessels and marine infrastructure.
We advise on the legal aspects of chartering, marine services, terminals, offshore support and project shipping.
Where specialist maritime law or technical issues arise, we coordinate with appropriate advisers.
Charterparties & Vessel Use
We advise on vessel chartering arrangements connected with energy projects.
Our work may include time charter, voyage charter and project-specific vessel use, depending on the transaction.
Particular attention is given to delivery, performance, off-hire, delay, liability, insurance and termination.
Port & Terminal Agreements
We advise on agreements involving ports, terminals and marine facilities used for energy projects.
Our work may include access, berthing, storage, throughput, handling, liability, insurance and service arrangements.
Land, environment, safety, risk and insurance
Land Rights & Easements
Energy infrastructure may require long-term rights over land.
We advise on acquisitions, leases, easements, rights of way, access rights and other property arrangements required for project development.
Site Acquisition
We advise on the acquisition and leasing of sites required for terminals, storage, processing and related infrastructure.
Our work may include title, planning, access, encumbrances, financing and development conditions.
Planning & Permitting Coordination
Energy projects may require multiple planning, building, environmental and operational approvals.
We advise on the legal framework and coordinate with planners, engineers, environmental consultants and other specialists responsible for technical submissions.
Environmental Matters
Environmental obligations can materially affect project development and operation.
We advise on legal issues arising from environmental permits, contractual allocation of environmental responsibility, site conditions, contamination and compliance obligations.
Technical environmental assessment remains within the responsibility of appropriately qualified specialists.
Environmental Impact Coordination
Where environmental impact assessment or technical studies are required, we coordinate the legal process with environmental consultants and other experts.
Our role is to ensure that legal obligations, project contracts and technical findings remain aligned.
Contamination & Environmental Liability
We advise on the contractual allocation of environmental liabilities in transactions and project agreements.
This may include historic contamination, remediation, monitoring, indemnities, disclosure and responsibility for future environmental events.
Health, Safety & Operational Risk
Energy projects involve significant safety obligations.
We advise on the contractual and corporate allocation of responsibility for safety-related obligations and on the legal implications of incidents.
Where technical or operational assessment is required, we coordinate with qualified safety professionals.
Risk Allocation
Risk allocation is central to energy contracting.
We advise on which party bears responsibility for delay, cost overruns, failure of equipment, performance shortfall, contamination, interruption, force majeure, third-party claims and other project risks.
The allocation should reflect which party is best placed to control, manage or insure the relevant exposure.
Indemnities
Energy contracts frequently contain sophisticated indemnity structures.
We draft and review indemnities concerning property damage, personal injury, pollution, third-party claims, contractual breach and other exposure.
Particular care is given to how indemnities interact with exclusions, liability caps and insurance.
Knock-for-Knock Arrangements
Certain offshore and energy contracts use knock-for-knock risk allocation.
We advise on the legal structure and commercial effect of such provisions where applicable.
The objective is to ensure that contractual risk allocation is deliberate and aligned with the insurance structure.
Limitation of Liability
We advise on liability caps, exclusions, consequential loss, carve-outs and other provisions limiting contractual exposure.
These provisions should be considered alongside indemnities, insurance and the commercial significance of the relevant obligation.
Insurance Architecture
Energy projects require extensive insurance arrangements.
We review contractual insurance requirements and their interaction with project risk allocation.
Our work may include construction risk, operational liability, property, marine, business interruption, environmental liability and other cover requirements.
Insurers and brokers remain responsible for underwriting and placement.
Contract-to-Cover Review
We can review material project contracts alongside the intended insurance programme.
The objective is to identify contractual obligations that may not be adequately reflected in the expected insurance response.
This can include indemnities, liability caps, exclusions, deductibles, insured parties, subrogation rights, notification requirements and territorial scope.
Insurance Claims
We advise on legal matters arising from significant energy and infrastructure insurance claims.
Our work may include policy review, notification, contractual liability, reservation of rights and coordination with brokers, insurers and technical experts.
Commodity, supply, trade and counterparty matters
Commodity Sale Agreements
We advise on commercial agreements for the sale and purchase of oil, gas and energy commodities.
Our work may include pricing, quality, quantity, delivery, title, risk, payment, credit support, force majeure and claims.
Long-Term Supply Agreements
We draft and review long-term supply agreements.
Our work may include minimum quantities, take-or-pay, pricing adjustment, nomination, quality, interruption, credit support and termination.
Offtake Agreements
Offtake arrangements may underpin project financing and commercial viability.
We advise on offtake agreements concerning volumes, price, delivery, credit support, term, default and termination.
Take-or-Pay
Take-or-pay obligations can create substantial long-term exposure.
We advise on the structure, triggers, exceptions, make-up rights, credit implications and termination consequences of such provisions.
Pricing & Adjustment Mechanisms
We advise on pricing formulas, indexation, review mechanisms and adjustment provisions in long-term energy contracts.
Where commercial or economic expertise is required, we coordinate with appropriate advisers.
Credit Support
We advise on guarantees, letters of credit, parent-company guarantees, deposits and other credit-support arrangements.
The appropriate structure depends upon the value, duration and risk profile of the underlying contract.
Trade & Commodity Finance
We advise on financing structures connected with energy trading and commodity transactions.
Our work may include security, receivables, guarantees, assignments, payment structures and documentary arrangements.
International Trade & Logistics
Energy supply chains depend upon transport, storage and cross-border movement.
We advise on the contractual framework surrounding logistics, freight, storage, delivery and risk transfer.
Where customs or trade regulation issues arise, we coordinate with specialist advisers.
Customs & Import Coordination
We coordinate the legal aspects of importation, exportation and customs matters connected with equipment, materials and energy products.
We do not replace customs specialists where technical customs advice is required.
Sanctions & Trade Restrictions
Energy transactions can be particularly sensitive to international sanctions and trade restrictions.
We advise on contractual and compliance implications arising from sanctions affecting counterparties, payments, ownership, shipping, financing and performance.
Where sanctions risk is cross-border or particularly complex, we coordinate with specialist foreign counsel.
AML & Counterparty Review
High-value energy transactions may require enhanced review of counterparties, ownership and payment structures.
We conduct appropriate legal and compliance review in accordance with applicable professional obligations.
This may include beneficial ownership, sanctions, corporate standing and transaction structure.
Anti-Bribery & Integrity Provisions
Energy projects may involve public authorities, international contractors and substantial procurement.
We advise on contractual anti-bribery, integrity and compliance provisions.
Where specialist compliance reviews are required, we coordinate with appropriate advisers.
Local Content & Procurement Requirements
Certain projects may include requirements concerning local participation, procurement or employment.
We advise on the contractual and legal consequences of such requirements where applicable.
Competition & Antitrust
Energy transactions may raise competition-law considerations.
We advise on competition and merger-control issues arising from acquisitions, joint ventures, supply arrangements and market structure.
Where foreign filings are required, we coordinate with counsel in the relevant jurisdictions.
Transactions, transition, technology and project support
Energy Mergers & Acquisitions
We advise on acquisitions and disposals involving oil and gas companies, licences, project companies and energy assets.
Our work may include transaction structuring, legal due diligence, share purchase agreements, asset transfers, warranties, indemnities, regulatory approvals and completion.
Acquisition of Project Interests
We advise on the acquisition of interests in energy projects and project companies.
Particular attention is given to licence rights, project contracts, financing, environmental liabilities, regulatory approvals and change-of-control provisions.
Legal Due Diligence
We conduct legal due diligence on energy companies, projects and assets.
Our review may include corporate matters, licences, concessions, financing, project contracts, land, litigation, employment, environmental matters, insurance and regulatory compliance.
Technical matters are coordinated with appropriately qualified advisers.
Vendor Due Diligence
We assist sellers and sponsors preparing energy assets or project interests for disposal.
Our work may include reviewing title, licences, contracts, financing, disputes, environmental matters and corporate records before a transaction begins.
Corporate Reorganisations
We advise on reorganisations involving energy groups and project structures.
Our work may include holding-company changes, intra-group transfers, mergers, share exchanges and movement of project interests.
Regulatory and contractual consequences are considered as part of the restructuring.
Change of Control
A change in ownership may affect licences, concessions, finance documents, project contracts and regulatory approvals.
We advise on the legal consequences of change-of-control events and on required consents or notifications.
Distressed Energy Assets
We advise on acquisitions, restructurings and disposals involving distressed energy businesses and projects.
Our work may include creditor issues, urgent financing, contract continuity, asset transfers and regulatory matters.
Restructuring & Refinancing
We advise sponsors, borrowers and investors on restructuring and refinancing energy projects.
Our work may include amendment of finance documents, security, project contracts, ownership arrangements and creditor negotiations.
Decommissioning
Energy projects may carry significant obligations at the end of their operational life.
We advise on contractual and corporate issues concerning decommissioning, removal, restoration, security and allocation of cost.
Where technical decommissioning plans are required, we coordinate with appropriately qualified specialists.
Decommissioning Security
We advise on contractual and financial security arrangements supporting future decommissioning obligations.
This may include guarantees, reserve arrangements and other financial mechanisms where applicable.
Abandonment & Site Restoration
We advise on the legal allocation of responsibility for abandonment, removal and site restoration.
Historical liabilities and transfer of project interests require particular attention where decommissioning obligations remain outstanding.
Energy Transition & Repurposing
Oil and gas infrastructure may later be repurposed for new energy uses.
We advise on the legal aspects of restructuring, investment and contractual arrangements connected with repurposing existing infrastructure where relevant.
Carbon & Environmental Projects
Where energy projects intersect with carbon reduction, emissions or environmental initiatives, we advise on associated commercial and contractual structures.
Technical verification and environmental measurement remain within the responsibility of specialist advisers.
Hydrogen & Alternative Fuels
We advise on corporate, investment and commercial arrangements involving hydrogen and alternative fuel projects where relevant.
Our work may include joint ventures, project development, supply, infrastructure and financing.
Energy Technology
We advise on commercial agreements involving technology used in energy projects.
Our work may include software, monitoring systems, data, automation, technical services, intellectual property and licensing.
Data & Operational Technology
Energy projects increasingly rely on digital systems and operational data.
We advise on contractual arrangements governing access, ownership, licensing, cybersecurity obligations, maintenance and service continuity.
Intellectual Property
We advise on ownership and licensing of intellectual property used in energy projects.
This may include technology, engineering materials, software, designs, know-how and confidential information.
Confidentiality
Energy projects often involve commercially sensitive technical and financial information.
We draft and review confidentiality arrangements governing project data, bids, technology, pricing and negotiations.
Tendering & Procurement Processes
We advise on tender documentation, bidder arrangements, procurement contracts and legal issues arising during competitive procurement.
Our work may include confidentiality, bid conditions, qualification requirements, evaluation procedures and contract award.
Public Procurement
Where energy projects involve public procurement, we advise on applicable legal and contractual issues.
We may also advise on challenges, tender disputes and contractual matters arising following award.
Government & State-Owned Counterparties
We advise on contracts and transactions involving governmental or state-owned counterparties.
Particular attention is given to authority, approvals, sovereign considerations, dispute resolution and enforceability.
Tax Coordination
Oil and gas transactions frequently involve complex tax considerations.
We coordinate the legal structure with specialist tax advisers where required.
Tax analysis remains within the responsibility of appropriately qualified tax professionals.
Employment & Project Personnel
We advise on legal matters concerning project personnel where these form part of the wider transaction or operating structure.
Our work may include employment arrangements, consultant contracts, secondments, confidentiality and personnel changes arising from acquisitions or restructuring.
Key Personnel & Technical Teams
Energy projects may depend upon specialist personnel.
We advise on contractual arrangements involving key executives, project managers and technical consultants.
Disputes, selected advice and project scope
Disputes
Energy disputes can arise from almost every stage of a project.
We advise and represent clients in disputes involving licences, joint ventures, construction, supply, transportation, financing, operations, insurance, environmental issues and commercial agreements.
Construction & EPC Disputes
We advise on disputes concerning delay, cost overruns, defective works, performance, variations, testing, completion and warranties.
Where technical evidence is required, we coordinate with engineers, quantity surveyors and other experts.
Joint Venture Disputes
We advise on disputes between project participants concerning governance, budgets, cost allocation, operatorship, default, transfers and exit.
Supply & Offtake Disputes
We advise on disputes involving quality, quantity, pricing, delivery, take-or-pay, force majeure, credit and termination.
Insurance & Casualty Disputes
We advise on claims involving physical damage, business interruption, liability and other insured risks.
Technical causation is addressed with appropriate expert support.
Regulatory & Administrative Challenges
We advise on legal matters arising from regulatory decisions, approvals and administrative actions affecting energy projects.
Cross-Border Disputes
Energy disputes frequently involve several jurisdictions and governing laws.
We coordinate the Cyprus legal strategy with foreign counsel, technical experts and arbitration specialists where required.
Selected Areas of Advice
- Upstream oil and gas Exploration and production rights Hydrocarbon licences and concessions Government and host-state agreements Production-sharing arrangements Joint operating agreements Operatorship matters Farm-in and farm-out transactions Transfer of participating interests Midstream infrastructure Pipelines Pipeline transportation agreements Storage facilities LNG projects LNG sale and purchase agreements LNG terminals and regasification Floating LNG and offshore infrastructure Downstream activities Petroleum product supply Fuel distribution Refineries and processing facilities Energy project development Project structuring Project companies and SPVs Joint ventures Shareholders' agreements Project finance Security packages Direct agreements EPC contracts Construction contracts Procurement Equipment supply Vendor and contractor coordination Interface agreements Operations and maintenance agreements Technical services agreements Drilling and oilfield services Offshore services Marine and vessel interfaces Charterparties Port and terminal agreements Land rights and easements Site acquisition Planning and permitting coordination Environmental matters Environmental liability Health and safety risk Risk allocation Indemnities Knock-for-knock provisions Limitations of liability Insurance architecture Contract-to-Cover review Insurance claims Commodity sale agreements Long-term supply agreements Offtake agreements Take-or-pay arrangements Pricing and adjustment mechanisms Credit support Trade and commodity finance International trade and logistics Customs coordination Sanctions and trade restrictions AML and counterparty review Anti-bribery provisions Competition and merger control Energy mergers and acquisitions Acquisition of project interests Legal due diligence Vendor due diligence Corporate reorganisations Change of control Distressed energy assets Restructuring and refinancing Decommissioning Decommissioning security Abandonment and site restoration Energy transition and repurposing Hydrogen and alternative fuels Energy technology Operational data and technology Intellectual property Confidentiality Tendering and procurement Public procurement Government and state-owned counterparties Employment and project personnel Energy disputes EPC and construction disputes Joint venture disputes Supply and offtake disputes Insurance and casualty disputes Regulatory challenges Cross-border energy matters
Beyond the Project
Oil and gas projects are rarely defined by a single contract.
The licence may depend upon regulatory approvals. The project company may depend upon shareholder funding. Construction may depend upon several contractors. Financing may depend upon offtake. Operations may depend upon long-term service arrangements. Insurance may depend upon contractual risk allocation. The exit may depend upon transfer restrictions, government consent and continuing environmental obligations.
Each part of the structure affects the others.
Our role is to coordinate the legal architecture around the project as a whole.
We work with the client's existing project team or alongside operators, investors, engineers, geologists, EPC contractors, equipment manufacturers, technical consultants, marine contractors, insurers, financiers, environmental advisers, tax professionals, foreign counsel and other specialists required for the matter.
From licensing, project structuring and investment through construction, financing, supply and operation to acquisition, restructuring, dispute and eventual decommissioning, we advise on the legal framework through which energy projects are developed, financed and controlled.
Because in oil and gas, the value of a project does not depend only upon the resource.
It depends upon whether the rights, contracts, financing, infrastructure, risk and regulatory structure surrounding that resource can continue to operate together throughout the life of the project.
Important notes
Sanctions & Trade Restrictions
We advise on contractual and compliance implications arising from sanctions affecting counterparties, payments, ownership, shipping, financing and performance.
Where sanctions risk is cross-border or particularly complex, we coordinate with specialist foreign counsel.
Legal Due Diligence
Technical matters are coordinated with appropriately qualified advisers.
Cross-Border Disputes
We coordinate the Cyprus legal strategy with foreign counsel, technical experts and arbitration specialists where required.
