Deep seabed mining contractors and Sponsoring States have several compulsory and binding dispute settlement options to enforce their rights and protect their investments under UNCLOS. Such options are critical to ensure that the International Seabed Authority and its member States comply with their legal obligations under UNCLOS.
New Italian Energy Security Decree brings floating offshore wind’s supply chain into focus31 January 2024
New Italian Energy Security Decree Law: Focus on measures for the development of the sector related to floating wind power plants at sea.
Watson Farley & Williams has advised Società Gasdotti Italia S.p.A. (“SGI”) on its first hydrogen valley project, HELIOS.
The funds raised will support the growth of Eléments’ energy production, with a target of 1 GW in construction and operation by 2030 and at expanding its business at regional level in France and in Italy, Finland and Germany, where it already operates.
Deep Seabed Mining Insights: The Rights of Sponsored Contractors under the UNCLOS Regime28 November 2023
This article outlines the rights of Contractors under UNCLOS, discusses the role of customary international law and highlights important considerations Contractors should keep in mind as negotiations at the International Seabed Authority progress.
The new UK Energy Act 2023 gained royal assent on 26 October 2023. In this first of a series of articles, we explore the changes it has introduced.
Join Watson Farley & Williams for the third webinar of our German webinar series “Recht trifft Praxis” (“Law Meets Practice”).
WFW is pleased to be the first law firm to join Wind Ship.
Deep Seabed Mining Insights: The Role and Rights of Sponsoring States under the UNCLOS Regime26 September 2023
The International Seabed Authority failed to meet its July 2023 deadline to adopt regulations on the exploitation of deep seabed mineral resources. This article outlines the key legal rights of Sponsoring States under UNCLOS and highlights important considerations Sponsoring States should keep in mind as discussions continue on the development of the Authority’s regulatory regime for exploitation.
We advised Varco Energy HoldCo 1 Limited a wholly-owned subsidiary of Adaptogen Battery Storage LP, on its circa £58m project financing of a battery storage project portfolio consisting of two 57 MW project.