International Seabed Authority - Kingston’s Post

The Republic of Cameroon offers the following petroleum contracts under its legislation:   Concessions: These are granted for hydrocarbon mining titles consisting of exploration permits and, where applicable, exploitation concessions. They must be entered into before the grant of a hydrocarbon exploration permit. Production sharing contract: In a production sharing contract, the Government seeks the services of a holder to carry out exploration within a certain area on its behalf exclusively, and to carry out exploitation in the event of a discovery of a commercially exploitable hydrocarbon field. The holder is responsible for the financing of petroleum operations. Risk service contract: A risk service contract confers exclusive hydrocarbon exploration and exploitation rights within a specified area on a qualified person, who assumes all the financial risk. The authorization is usually granted after a tender offering petroleum blocks for a competitive bid. In some cases, the State may directly award blocks without a tender process. There is no statutory timeline within which the State must grant applications for petroleum exploration and exploitation authorizations. In practice, the process usually takes about six months if the application file is properly deposited.     If different authorizations are issued in respect of different stages of development (e.g., exploration appraisal or production arrangements), you will need to specify those authorizations and briefly summarize the most important (standard) terms (such as term/duration, scope of rights, expenditure obligations).   The Petroleum Code provides for five upstream petroleum authorizations or permits:   Prospection authorization:  A prospection authorization can be granted to a legal or natural person. It is a permit that confers on its holder/operator the non-exclusive right to carry out preliminary prospecting rights in a particular field covered by a petroleum contract. The Petroleum Code specifically states that it does not amount to a petroleum mining title and is equally not transferable. It is granted by the Ministry of Mines, Industry and Technological Development (MINMITD) after technical advice and opinion from SNH. The fact that it is granted on a specific area covered by a petroleum contract does not mean that it confers on its holder the right to enter a petroleum contract or obtain a petroleum mining permit.   Exploration authorization: Provisional Exploitation Authorization: Exploitation authorization: in our next edition, we shall provide you with details of the above authorizations You can also visit our webpage for more legal news at https://lnkd.in/eTRBM6-S  

In 1971, an oil tanker spilled oil off the coast of South Africa, harming penguins. The South African government successfully sued the company responsible to clean the penguins. . . #LegalTech #LegalInnovation #FutureOfLaw #DigitalTransformation #LegalSolutions #LegalBusiness #Casengine #LawTech #LegalRevolution #TechTrends legal digitization, Casengine solutions, future of legal tech, legal business innovation, cutting-edge legal solutions, digital transformation law, legal tech trends, Casengine legal, innovative legal services, law firm technology

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In Pakistan's penal law, issuing a false cheque is a non bailable offence, codified in s. 489-F PPC, which means bail is not a statutory right and can be granted under some conditions. One of these exceptions is 497(2) of Pakistan's Criminal Procedure Code which says, in essence, that the bail can be granted if at the bail stage the evidence available to court would not be prima facie sufficient to put the accused behind bars or "requires further inquiry." s. 497(2) CrPc. 489(F) has two ingredients: obligation i.e. a loan obligation ; (ii) dishonored cheque attempted to satisfy this obligation. These principles were tested in our recent bail application. Although the cheque was dishonored, the obligation as alleged by the complainant is that the accused, a Karachi resident, took PKR 1.14 crore of solar panels from NawabShah from the complainant. This statement had two problems: (I) why would a solar dealer purchases solar panels from Nawabshah (at best a small city) to sell in Karachi (Pakistan's commerical capital) ; (ii) and second, there was no documentary evidence available to show prima facie that such a transaction actually took place, which is all the more important considering the amount of value involved at the heart of the alleged crime. The bail was confirmed on the basis that it requires further inquiry before charge can be framed. Waqas Ali, J.D. alilitigators.com #crime #whitecollar #law

Welcome to MRJ Law! Our goal is clear: to empower our clients by offering expert advice in a cost-effective manner. We understand that the legal world can be complex which is why we strive to make it understandable for you. Under the guidance of our founder, Myrenda R. Jones, who possesses knowledge and experience in oil and gas, civil litigation, business law, as well as judicial determination of heirship and administration of estate. We aim to bring clarity to your legal concerns. Together, let's work to achieve the best possible results for your legal issues. The content posted on this platform is not intended as legal advice; individuals seeking legal guidance should contact our law office for personalized assistance. #oklahomacity #oklahoma #oilandgas #oilandgasindustry #oilandgassector #oilandgasservices #litigationattorney #civillitigation #businesslaw #generalcounsel #landowners #attorneyatlaw #oklahomaenergy #legalservices #legalinsights #leaseagreement #estateadministration

As conflict reshapes Sudan, SCLO's commitment to aiding you with your legal concerns remains strong. Our Core Areas Employment Law: Safeguarding your interests by providing insights on how to navigate challenging circumstances in the current Sudanese climate, ensuring your business rights are protected. Litigation and Dispute Resolution: Handling legal battles, we champion your cause and resolve disputes with precision, offering you a voice in uncertain times. Contracts Law: Guiding you through the intricacies of contracts, especially in force majeure and emergency scenarios, ensuring your agreements remain resilient. At SCLO, we understand that your situation is distinct. Our approach is more than just legal counsel; it's a personalised strategy tailored to meet your specific needs and aspirations. We blend legal expertise with genuine empathy, transcending the role of mere advisors to become your trusted partners. Contact us at wael.abdin@sclo-uk.com.

Thanks for sharing the important amendments. Today mind, this is major reforms after 1957 with Private Sector entry in Mining & Exploration for atomic and deep-seated minerals. The Statement of Objects & Reasons unfolds the salutary objects of giving licence to private sector for mining and exploration in deep-seated and atomic minerals. The atomic minerals – lithium, niobium, titanium, zirconium, etc; are required for space, electronics communications energy sector, electric batteries and critical in net-zero commitment of the country. The deep-seated minerals are gold, silver, copper, zinc, lead, nickel, cobalt, platinum, diamonds, etc. These major reforms aimed at enhancing mineral production at a large extent will go a long way to elevate the country to the position of 3rd largest economy of the world. #minesandminerals #privateparticipation #licence #amendmentof2023 #legaldeli

Thanks for sharing the important amendments. Today mind, this is major reforms after 1957 with Private Sector entry in Mining & Exploration for atomic and deep-seated minerals. The Statement of Objects & Reasons unfolds the salutary objects of giving licence to private sector for mining and exploration in deep-seated and atomic minerals. The atomic minerals – lithium, niobium, titanium, zirconium, etc; are required for space, electronics communications energy sector, electric batteries and critical in net-zero commitment of the country. The deep-seated minerals are gold, silver, copper, zinc, lead, nickel, cobalt, platinum, diamonds, etc. These major reforms aimed at enhancing mineral production at a large extent will go a long way to elevate the country to the position of 3rd largest economy of the world. #minesandminerals #privateparticipation #licence #amendmentof2023 #legaldeli

OIL AND GAS LAW ENTHUSIASTS, LISTEN UP! Being one myself, I would boldly say it’s been a tussle keeping up with the dream of becoming an oil and gas lawyer someday. Whenever a person asked what area of law I wanted to specialize in, and I mentioned Oil and Gas Law, the conversation immediately turned to a lifetime talk show as to why I refused to do any ‘regular kind of law’ like my counterparts. My aspiration to venture into the field of oil and gas law was always perceived as a superfluous and unrealistic dream, till I decided to give it up. I told myself that at least, I could venture into criminal law and litigation, or I could even do family law. I decided to give up on my superfluous dream, so I could fit in with my peers. It wasn’t till I came across a quote by Shannon Adler which says that “people who fit in don’t seek. The seekers are those that don’t in,” that I decided to be a ‘seeker.’ I was going to create a niche for myself in Oil and Gas Law, and I would be happy doing it. I was going to stop trying to fit in, and seek to achieve and break ceiling always. And I did just that. I’m glad to announce that I wrote my first Oil and Gas Law related article, titled “Examining the Scope of Oil and Gas Law in Nigeria.” https://lnkd.in/daDmie98 I hope you take a moment and go through this article, and I hope you don’t stop being a seeker! Always remember; A lamp cannot play the role of the sun and the sun cannot play the role of a lamp. You know which one you are. Shalom! Connect with me if you haven’t done already, and stay glued to my page for more insightful and educative content. #linkedin #oilandgaslaw #linkedincommunity #thefallinginlawseries #growth

Paris-based international arbitration lawyer Clément Fouchard and jurist Adam Calloway discuss a ruling by the English Commercial Court involving a complex oil and gas dispute between RSM Production Corporation and Gaz du Cameroun in an article published by LexisNexis. ℹ The ruling not only underscores the importance of honouring arbitration agreements, but emphasizes the importance of carefully considering the interplay among dispute resolution clauses when crafting interconnected upstream oil and gas contracts (including any settlement agreements related to these contracts). 📍 A five-point summary of their article is as follows: "English Commercial Court maintains Anti-Suit Injunction in Multi-Contract Oil and Gas Dispute (RSM Production Corporation v. Gaz du Cameroun [2023]EWHC 2820 (Comm))" 1️⃣ The Court was required to examine varying dispute resolution provisions of two interconnected upstream oil and gas contracts and a settlement agreement flowing from one of two parallel arbitrations. 2️⃣ The objective was to establish whether court proceedings brought in Cameroon (based on claims brought under one of the two contracts) had been initiated in breach of the arbitration agreement found within the settlement agreement. 3️⃣ The Court determined, mainly due to the effective operation of a ‘one stop shop’ stipulation in the settlement agreement that any dispute arising both under it and the two upstream contracts may be consolidated, that the arbitration agreement was indeed binding and applied to the court proceedings that had been initiated.   4️⃣ The decision emphasizes the English Court’s commitment to preventing breaches of arbitration agreements, ensuring parties adhere to agreed dispute resolution mechanisms, and protecting against potential adverse judgments in non-contractual jurisdictions. Seeking interim relief remains open to Parties (where permitted by the relevant arbitration clause), however such relief must be genuinely interim in nature.   5️⃣ Ultimately, this decision contributes to the broader jurisprudential landscape surrounding the sanctity of arbitration agreements and the promotion of international arbitration as an effective and enforceable means of dispute resolution, preventing potentially divergent outcomes in multiple jurisdictions. 📍 For those with access to LexisNexis, the full report can be found: https://lnkd.in/e7ab5nBS #internationalarbitration #arbitrajeinternacional #ReedSmithIA