Energy and natural resources have been a core industry focus of SIGNUM since the firm’s establishment. We advise leading international and Kazakhstan oil and gas companies, investors, oilfield services providers and trading companies on complex projects and ongoing operations in Kazakhstan.
We support clients throughout the lifecycle of an oil and gas project – from obtaining and structuring subsoil use rights, negotiations with government authorities and establishment of joint ventures to field development, infrastructure construction, financing, M&A transactions, restructuring and project exits. Our team also advises on transportation and trading of hydrocarbons, procurement, drilling and services contracts, environmental and tax regulation and employment matters.
SIGNUM has substantial experience in complex cross-border transactions involving oil and gas assets, including acquisitions and disposals of participating interests and subsoil use rights, production sharing agreements (PSAs), joint ventures and projects involving international investors and Kazakhstan national companies.
A number of SIGNUM lawyers have previously worked in-house with leading oil and gas companies. This enables us to understand not only the legal and regulatory aspects of a project but also its technical, operational and commercial realities. By combining industry knowledge with expertise in subsoil use, M&A, tax, finance, environmental matters and dispute resolution, SIGNUM is able to provide integrated support on the most complex matters in the energy sector.
Advised a major oil company on several hydrocarbon exploration and development projects in Kazakhstan, including drafting and negotiating an offshore production sharing agreement and structuring participation in existing petroleum projects.
Advised a major Russian oil and gas company on a joint venture agreement and production sharing agreement.
Advised one of the largest oil and gas producers in South-East Europe and supported negotiations on the extension of four concession agreements covering four oil and gas fields in Kazakhstan.
Drafted a joint operating agreement for members of a consortium engaged in hydrocarbon exploration and production in Western Kazakhstan.
Drafted drilling services agreements covering approximately 30 wells for a major drilling contractor, with particular focus on liability, insurance and risk allocation.
Drafted complex agreements for well construction and workovers, seismic works and oilfield services for a national oil producer.
Drafted a FIDIC-based turnkey contract for the design, supply of equipment and materials and construction of a pipeline for a major oil producer.
Advised a major European oil and gas company on cross-border transportation of hydrocarbons through Kazakhstan and other jurisdictions to Western markets.
Advised a participant in the Caspian Pipeline Consortium on a contemplated disposal of its interest, including transfer restrictions under the CPC Shareholders’ Agreement.
Advised major offshore contractors on the operation of vessels in Kazakhstan, including drafting bareboat charter agreements and registration of vessels at Aktau seaport.
Advised a world-leading gas and engineering company on a joint venture for a gas processing plant project initiated by Kazakhstan’s national hydrocarbons operator.
Structured a joint venture between Kazakhstan’s national oil and gas company and foreign investors for the further development of a portfolio of oil and gas fields.
Structured joint activities between an international consortium of investors and the national oil and gas company in connection with hydrocarbon exploration and production projects.
Advised a major Italian oilfield services company on the establishment of a joint venture and subsidiary in Kazakhstan, including negotiations with local partners and preparation of corporate documentation.
Supported the establishment of a joint venture between a global leader in offshore and onshore engineering and geological surveys and a leading Kazakhstan engineering company.
Advised international oil and gas groups on corporate restructurings, ownership changes and governance of their Kazakhstan assets.
Provided comprehensive legal support to a group of Norwegian investors and investment funds on the acquisition of a portfolio of oil and gas projects in Kazakhstan with an aggregate transaction value of approximately USD 1 billion.
Advised on the structuring and implementation of the sale of 100% of the shares in a public E&P company in a transaction valued at approximately USD 515 million, including regulatory approvals.
Advised an international publicly listed oil and gas E&P company on the contemplated sale of an exploration and production project valued at approximately USD 77 million.
Provided comprehensive legal support for the acquisition of an oil and gas project in Kazakhstan valued at approximately USD 32 million, including transaction documentation, state waiver and required regulatory clearances.
Advised a European oil and gas company on the acquisition of a 100% interest in a Kazakhstan oil and gas company in a transaction valued at approximately USD 15 million.
Advised Reach Energy Berhad on the indirect acquisition of a 60% interest in an oil and gas asset in south-western Kazakhstan.
Represented an Australian public oil and gas company on the acquisition of a portfolio of fields and exploration blocks in Kazakhstan.
Advised a UK oil and gas company listed on the Toronto and London stock exchanges on the acquisition of two oil and gas projects in the Aktobe region.
Advised on the sale of an interest in an oil project operating under a production sharing agreement in Western Kazakhstan, including the required governmental and competition clearances.
Provided comprehensive legal support for the sale of a 100% interest in an international oil and gas company engaged in hydrocarbon exploration in the Kyzylorda region to a group of foreign investors.
Conducted comprehensive legal and tax due diligence of oil and gas companies, fields and exploration blocks in connection with contemplated acquisitions and investments.
Represented a PSA operator in a major tax dispute following a comprehensive tax audit involving assessments exceeding USD 70 million.
Advised a subsoil user during a comprehensive tax audit involving potential tax adjustments of approximately USD 50 million.
Represented an international oil company in a customs dispute involving approximately USD 10 million in export customs duty.
Advised oil and gas companies on tax stability under production sharing agreements and subsoil use contracts.
Represented oil and gas companies in tax audits and disputes involving transfer pricing, international taxation, cost allocation, VAT and secondment-related expenses.
Advised international and Kazakhstan oil producers on export customs duty, crude oil exports and applicable quotas.
Advised an international publicly listed oil and gas company on the tax implications of transitioning a project from exploration to commercial production.
Represented an international oil company in a dispute with the Ministry of Energy arising from unilateral termination of a subsoil use contract.
Represented a PSA operator in an environmental dispute involving a claim of approximately KZT 3.9 billion for alleged unauthorised extraction of common minerals.
Represented a subsoil user in an environmental damage dispute with the state involving approximately USD 20 million.
Represented a subsoil user in a dispute with geological authorities involving an approximately USD 23 million claim relating to production levels.
Represented a PSA operator in a dispute concerning alleged unlawful gas flaring.
Represented a PSA operator in a dispute with a Kazakhstan oil transportation company arising from early termination of an oil loading services agreement, with approximately USD 2.3 million in dispute.
Assisted with pre-litigation settlement of an approximately USD 1.5 million dispute between a Kazakhstan oil company and a drilling contractor under a well drilling agreement.
Represented oil and gas companies in complex tax, environmental, administrative and commercial disputes, including proceedings before the Supreme Court of Kazakhstan.
Participated in negotiations with government authorities on subsoil use contracts and amendments for international and Kazakhstan oil and gas companies.
Advised a major European oil and gas company on the expansion of its contract territory, resulting in a several-fold increase in the project area.
Assisted with obtaining permits, licences and approvals required for petroleum operations and implementation of oil and gas projects.
Supported the preparation and approval of project and technical documentation, including exploration and trial production projects, development programmes, technological schemes and reserve approvals.
Advised on the state’s pre-emptive right, competition clearances and competent authority approvals in connection with transfers of subsoil use rights and related assets.
Advised on regulatory approvals relating to the approximately USD 515 million sale of 100% of the shares in a public E&P company.
Prepared a legal analysis of permitting and regulatory procedures applicable to the construction of an oil pipeline in Kazakhstan for a major European oil company.
Contributed to the development of regulations governing petroleum operations, including procurement rules for the oil and gas sector.
Advised oil and gas companies on environmental regulation, gas flaring, land use, industrial permits and other regulatory compliance matters.
Represented a consortium of service companies involved in one of the largest oil and gas condensate projects in Western Kazakhstan in a dispute with a trade union representing more than 3,000 employees concerning changes to employment conditions, remuneration and compensation.
Advised a major European E&P company on trade union relations and negotiations of a collective bargaining agreement.
Represented a German oil company in an employment dispute with a senior executive concerning termination and compensation.
Represented an international oil company in a dispute with senior managers involving alleged misconduct and subsequent dismissal.
Advised a consortium of oil and gas companies on employment matters arising from the transfer of an interest in a project.
Conducted employment law reviews for oil-producing and offshore services companies, including documentation relating to workforce relocation and termination.