MUDDYING THE WATERS: THE UPSTREAM PETROLEUM RESOURCES DEVELOPMENT BILL 2020

Authors: Peter Leon, Paul Morton, Amanda Hattingh and Ernst Muller Introduction Key points arising from the bill Conclusion INTRODUCTION A year ago, on 27 February 2019, Total S.A. announced a major discovery of gas condensate in the Outeniqua Basin (Brulpadda prospect, Block 11B/12B) offshore South Africa. This deposit reportedly contains around one billion barrels of … Read more

PATRICK LEYDEN WINS 2020 CLIENT CHOICE AWARD FOR ENERGY & NATURAL RESOURCES

Patrick Leyden, a director in Herbert Smith Freehills’ Johannesburg office, is the winner of Lexology’s 2020 Client Choice Award for Energy & Natural Resources in South Africa. Patrick, a corporate lawyer, practises across a number of industry sectors but specialises in mining and energy in Sub-Saharan Africa. His experience includes domestic and cross-border M&A transactions, … Read more

PETROLEUM BILL — OLD WINE IN A NEW BOTTLE

Author: Peter Leon Regulatory scheme remains modelled on mining principles  Much anticipation awaited the release of the draft Upstream Petroleum Resources Development Bill on Christmas Eve after a one-year gestation by the department of mineral resources & energy. The long-awaited bill is intended to create a new regulatory framework for the exploration and extraction of … Read more

THE DRAFT MINERAL AND PETROLEUM RESOURCES REGULATIONS: A PROVERBIAL CURATE’S EGG?

Authors: Peter Leon, Patrick Leyden, Ernst Muller and Amanda Hattingh Last week StatsSA (South Africa’s official statistics authority) announced that South Africa’s economy contracted by 0.6 per cent during Q3. It is likely to contract further in Q4 as a further round of electricity blackouts occurs as a result of Eskom load shedding. The economy’s … Read more

CLIMATE CHANGE: SUCCEED IN A LOWER-CARBON FUTURE

Authors: Silke Goldberg, Ben Rubinstein and Dr Matthew Burnell In a 2019 global survey, 1,250 CEOs rated environmental / climate change risk the single biggest threat to business growth.1  DOWNLOAD THE GUIDE The race is on for businesses to understand their environmental impact and to manage the legal risks to succeed in a lower-carbon future. … Read more

HERBERT SMITH FREEHILLS ATTENDS AFRICA ENERGY FORUM IN LISBON

Author: Joanne Elson  The 21st Africa Energy Forum (AEF) took place on the 11th to 14th June 2019 in Lisbon, Portugal. The annual AEF is the largest Africa energy gathering of the year and easily draws over a 1000 delegates from all over the globe, including many government officials, public private sector representatives, developers, dealmakers, … Read more

PROMOTING HUMAN RIGHTS THROUGH THE EXTRACTIVE INDUSTRY

Author: Stéphane Brabant The hereunder presentation is adapted from a speech given during a seminar on ‘Mining and Oil and Gas Law: Transactions and Dispute Resolution’, jointly organised by the International Association of Lawyers and the Senegalese Bar Association in February 2017. A few years ago, it was still unrealistic to raise the topic of … Read more