CLEARING THE WATERS: THE UPSTREAM PETROLEUM RESOURCES DEVELOPMENT BILL, 2021

∨ Introduction ∨ Key differences between the 2019 Bill and the 2021 Bill ∨ Conclusion INTRODUCTION Total S.A.’s (Total) initial discovery just over two years ago of gas concentrate in the Outeniqua Basin (Brulpadda prospect, Block 11B/12B) offshore South Africa – a deposit reportedly containing around one billion barrels of oil equivalent1 – has placed … Read more

MSGBC Basin Digital Summer Updates

Herbert Smith Freehills is a proud supporter of the MSGBC Basin Digital Summer Updates taking place on 6 and 7 July 2021. Paris-based Partner Bertrand Montembault will be joining a panel discussion on Local Content in Practice: Latest Legislation Updates, The Role of Local Content as the Basin Moves Towards Production and The Changing Role … Read more

THE 2020 MSGBC SUMMIT – TIME TO TAKE STOCK

Authors: Paul Morton and Bertrand Montembault  Herbert Smith Freehills is a sponsor of the MSGBC Basin Summit and Local Content Forum taking place in Dakar on 28-30 January 2020. Paris-based Partner Bertrand Montembault will be joining a panel discussion on the business and regulatory environment for operations in the MSGBC Basin, and the event will … Read more

THE REVISED LEGAL FRAMEWORK FOR THE UPSTREAM OIL & GAS INDUSTRY IN SENEGAL

Authors: Stéphane Brabant, Bertrand Montembault, Paul Morton and Etienne Marque INTRODUCTION  Senegal has been at the forefront of the emergence of the MSGBC basin (covering Mauritania, Senegal, the Gambia, Guinea-Bissau and Guinea-Conakry) in the global upstream industry. Accordingly, the new revision to the country’s petroleum legislation has been expected with anticipation. On 1 February 2019, … Read more

THE QUEST FOR A BALANCED HOST GOVERNMENT CONTRACT: AN MSGBC BASIN PERSPECTIVE

Author: Stephane Brabant and Etienne Marque  THE CHANGING LANDSCAPE OF THE OIL AND GAS SECTOR The recent discoveries in the MSGBC basin (covering Mauritania, Senegal, the Gambia, Guinea-Bissau and Guinea-Conakry) have triggered a great deal of hope for the upstream industry, the host States and their populations. Indeed, the development of these fields could potentially contribute … Read more