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.
Before everyone heads to the Husum Wind Fair, join us along the way with a stop in Hamburg for our traditional Husum Wind Warm-Up.
As the International Seabed Authority concluded Part II of its 28th Session, a number of member States continue to call for a “precautionary pause” on deep seabed mining activities. This article examines this proposal and potential legal issues should it go ahead.
The International Seabed Authority is central to the regulation of deep seabed mining. This article provides an introduction to the Authority and its decision-making processes, and the ability of stakeholders such as prospective contractors to contribute to its work.
The portfolio currently produces clean energy equivalent to the electricity consumption of about 23,000 households.
The International Seabed Authority is facing a key deadline in July 2023 when it is due to adopt regulations on the exploitation of deep seabed mineral resources. This article outlines the key legal issues for the July session and implications for Sponsoring States, contractors and investors with an interest in deep seabed mining.
Terres d’Energie Développement is a platform dedicated to the development of solar and wind projects in France.
Join Watson Farley & Williams for the exclusive Italian event “Mission E-Mobility in Italy: on the road to transition”.
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.
