MI and SI Proposed Carbon Tax: Contractual Considerations
The Marshall Islands and the Solomon Islands have recently proposed that the International Maritime Organization (“IMO”) impose a levy on carbon emissions by ships.
From extraction and processing to distribution, trading and financing, the oil and gas supply chain is highly interdependent. Our comprehensive understanding of every aspect of the industry enables our oil and gas specialists to work together on complex and multi-jurisdictional projects, transactions and disputes to help our clients achieve their commercial goals.
Our work includes advising on the acquisition and disposal of oil and gas assets, project development, investments and financing.
A particular strength is reserve-based lending where we advise on the financing of both development and producing assets globally. We also draw on the firm’s acknowledged expertise in the maritime sector to support clients whose activities involve complex offshore/floating assets such as FPSOs (Floating Production Storage and Offloading), FSRUs (Floating Storage Regasification Units) and LNG (Liquefied Natural Gas).
We count national oil companies, E&P companies, offshore services, storage and distribution companies, lenders (both commercial and multilateral) and investors (including private equity) among our clients.
The Marshall Islands and the Solomon Islands have recently proposed that the International Maritime Organization (“IMO”) impose a levy on carbon emissions by ships.
In the fourth article in our ‘Hydrogen – What is the hype about?’ series, we offer an overview of the current state of play for hydrogen in the UK, expectations for a future national strategy and implications for the energy, transport and real estate sectors.
In the third article of our sector series on the EU Taxonomy Regulation for Sustainable Investments, we set out the key concepts introduced by the Taxonomy Regulation and explain what this means for market participants in the energy sector.
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