Decommissioning, abandonment, rehabilitation and end-of-life strategies
Be it oil rigs, mines, power plants or wind turbines, the process of transformation that a productive asset undergoes upon the end of its life cycle has never been under more scrutiny.
Despite being referred to as “abandonment” in legislation, and more commonly “decommissioning” in conversations, savvy oil and gas companies are these days focusing on how to re-use, repurpose or recycle late-life assets, for example by using depleted fields for carbon storage or unused pipelines for hydrogen supply.
We are perfectly placed to advise on the myriad issues connected to decommissioning and repurposing. We have years of experience in the upstream industry and in advising on transfer of late-life assets and allocation of liability. We combine this with our understanding of the advances in technology and the multiple strategies and opportunities available.
Our in-depth knowledge of the regulatory regimes and incentives in different jurisdictions, and our ability to work collaboratively with other trusted advisors to truly understand the economic and political drivers behind each decision ensures our global team of specialists, from a variety of practice areas and sectors, can support you at every stage of your project.
Firm named Environment and Climate Firm of the Year at Who’s Who Legal Awards
The annual awards recognise the world’s leading law firms and lawyers across 35 practice areas and industries according to Who’s Who Legal’s independent research.
Norton Rose Fulbright represents Banco Santander, S.A. on US$22.3M ECA-backed financing for Eletronuclear’s Angra 1
Norton Rose Fulbright represented Banco Santander, S.A. in the closing of a US$22.3 million ECA-backed loan to Brazilian utility company Eletronuclear.
Norton Rose Fulbright advises the Djermaya Solar project on the first IPP in Chad
Global law firm Norton Rose Fulbright has advised the project company, Djermaya CDEN Energy S.A.S., on the development and financing of phase 1 of a solar project with a total capacity of approximately 34 MWp to be located 30 kilometers north of N’Djamena, Chad. Djermaya CDEN Energy S.A.S. is owned by DIPF Africa Limited and Private Infrastructure Development Group (PIDG) company InfraCo Africa Limited The project consists of the development, financing, construction, operation and maintenance of a 60MW greenfield solar photovoltaic plant developed in two phases, a transmission line and associated interconnection facilities. This is the first solar project to be designed, financed, built and operated by an independent power producer (IPP) in Chad.
Norton Rose Fulbright named MENA Legal Adviser of the Year at IJGlobal Awards 2020
Global law firm Norton Rose Fulbright has advised on 19 “Deals of the Year” across multiple regions, and has been awarded MENA legal adviser of the year at this year’s IJ Global Awards.
Projects, energy and infrastructure teams recognized at IJGlobal Awards
Norton Rose Fulbright received Global Legal Adviser of the Year, Asia Pacific Legal Adviser of the Year and North America Legal Adviser of the Year accolades at the IJGlobal Awards 2019.
Energy Transition Services
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