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.
As demand for energy and commodities continues to grow and sustainable resources come into focus, we work in partnership with our clients to deliver innovative solutions to the toughest business challenges.
Drawing on years of experience across all segments of the energy sector, from conventional power, infrastructure, oil and gas and mining to renewables and commodities, we excel in providing end-to-end advice in all aspects of these complex, cross-border transactions and disputes.
An exceptional understanding of the industry and its commercial drivers equips us to give technically excellent advice on transformative and groundbreaking projects. In particular, across M&A, joint ventures, planning, construction and operational contracts, risk identification/mitigation, financing, insolvency, restructuring, regulatory, tax and dispute resolution.
Our clients range from energy companies, financial institutions, institutional investors, sponsors, governments and contractors whom we advise across a range of domestic and cross-border projects including some of the most innovative and marquee transactions in the market.
With sustainability high on the agenda, our award winning renewables practice is well positioned to advise organisations who want to diversify their portfolios and/or invest in this fast moving sector of the energy industry.
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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.
This article discusses high profile cases involving nickel fraud in recent years and highlights material findings that focus on the use of warehouse receipts.