Gas, Oil and Raw Materials
Challenges and requirements
The oil and gas sector is constantly changing. Significant exploration activities are currently being undertaken in Greenland and the Faroe Islands, with industry experts anticipating significant developments in these geographical areas. In Denmark, change is also underway with the presence of new actors in the market, new types of exploration activities and the issuance of a number of onshore permits. Change is also evident by the reduction of suppliers in the market and the more accurate imposition of liability. There are, in addition, challenges with respect to the establishment of pipelines and technical plants on offshore platforms, as well as the dismantling of offshore plants. Finally, advice is sought on the legal framework governing oil, gas and raw materials and environmental impact surveys, as well as the taxation of oil and gas activities.
How we can help
We have advised leading oil and gas companies and public authorities on exploration activities in Denmark, Greenland and the Faroe Islands for a number of years. Such advice includes oil and gas permits, the employment of standard agreements and the execution of individually negotiated agreements. Moreover, we have significant experience with the legal framework governing oil, gas and raw materials in Greenland and the Faroe Islands. We assist both offshore and onshore oil and gas companies and represent many of the major players in the Danish market and in the North Sea.
Our advice encompasses, among others:
• Exploration and extraction permits
• Plants and pipelines
• Cooperation, farm-in/farm-out and tie-in agreements, and decommissioning
• Supplier and trade agreements
• Environmental advice
• Taxation advice