Jennifer A. Josefson

Partner

Jennifer Josefson represents clients across the spectrum of energy industries including oil, gas, liquefied natural gas, petrochemical, power, and renewables. Her practice focuses on international, cross-border transactions and projects in Russia, Central Asia, the Middle East, and Africa. Jennifer regularly advises on M&A, joint ventures, joint operating agreements, power purchase agreements, concessions, production sharing agreements, farm-ins, supply, and service agreements. She also handles the commercial agreements regularly used by energy companies for revenue generation, raw materials and feedstock inputs and facilities operations and maintenance.

Extended Profile

Jennifer contributes to the development of international contracting standards for the energy industry through her work with the Association of International Petroleum Negotiators (AIPN). She currently presides as AIPN’s President-Elect, has served on AIPN’s Board of Directors, was founding regional director of AIPN’s CIS Chapter, and a co-chair of the AIPN 2019 Model Farmout Agreement Revision. As a standing faculty member for 10 years, Jennifer regularly conducts AIPN’s international oil and gas contracting training courses—the Short Course and the Core Course.

Consistently recognized as a top energy and natural resource lawyer, Jennifer is ranked in Tier 1 by both Chambers Global and Chambers Europe, and consecutively named “Lawyer of the Year – Russia” for oil & gas, energy, mining, and natural resources by Best Lawyers. Chambers Europe noted sources describe her as "extremely knowledgeable; she understands both the international best practices and Russian specifics of the project." Jennifer is also recognized by IFLR1000 and Who’s Who of International Energy Lawyers.

Jennifer is fluent in English and Russian.

Selected Representations

Upstream Oil & Gas

Represented a Russian State oil company on its acquisition of an interest in Russian upstream acreage and the related joint venture
Represented an international service company on its acquisition of an interest in a subsidiary of Abu Dhabi National Oil Company
Represented a Middle Eastern state company on the structuring and negotiation of a Russian oil and gas joint venture
Represented an Indian state oil company on its acquisition of 50% stake in Russian upstream oil project
Represented a state oil company on its evaluation and submission of a bid for upstream acreage in the 2018 ADNOC Bid Round
Represented an independent oil company with respect to its production sharing agreement (PSA) in South Sudan
Represented an oil and gas company on its decommissioning obligations
Represented a large international oilfield service and engineering company on an engineering service joint venture
Represented a large international oil on structuring and negotiating its risk-sharing arrangements for the development of mature oil fields
Represented an international oil field service company specializing in drilling fluids and solids control/waste management equipment and services, on its acquisitions of Russian drilling fluid and solids control companies and its business activities in Russia
Represented a large Russian oil company operating in Kazakhstan with respect to various joint venture issues including joint operations and exclusive operations agreements and drilling contracts
Represented a foreign investor in the potential acquisition of a Turkmenistan PSA
Represented an independent oil company with respect to its PSAs in Kurdistan
Represented an independent oil company on three farm-out arrangements in Egypt

Downstream Oil & Gas / LNG

Represented an energy company with respect to a Russian LNG project, advising on the LNG SPA and feedstock agreements
Represented Russia’s largest integrated gas processing and petrochemicals company, on the sale of a transshipment terminal and related commercial agreements
Represented a Russian state oil company on the purchase of 100% of shares of a large Russian refinery
Represented a Chinese oil company with respect to the structuring and due diligence of a potential Russian upstream and LNG joint venture
Represented the trading segment of a large Russian investment bank on back-to-back crude and product sales agreements.

Power and Renewables

Represented an oil and gas company on the establishment of a gas-to-power joint venture for the construction of a new power unit
Represented a Russian power company on its conventional power joint venture
Represented a Middle Eastern investor on review and structuring of a Russian solar power project

Metals and Mining

Represented a Russian mining and metals company on its sale and joint venture with a Chinese state controlled company for a Russian coal development
Represented a Russian company on a 50/50 quartz mining joint venture in Russia
Represented an Indian holding company on the acquisition of a Russian abrasive factory
Represented the trading segment of a large Russian investment bank on back-to-back metals sales agreements
Represented an international mining equipment company on its contractual arrangements in Russia