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Article

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.

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Press

WFW advises lenders on financing of Afentra’s entry into Angola11 May 2023

Watson Farley & Williams has advised Mauritius Commercial Bank as agent and lender on an up to US$110m reserve-based lending facility and an up to US$30m working capital facility granted to Afentra Ltd for the acquisition from INA-Industrija d.d. of 4% interests in Block 3/05 and Block 3/05A offshore Angola in the Lower Congo Basin.

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