Oil and Gas in Africa: A Legal and Commercial Analysis of the Upstream Industry was recently published by Globe Law and Business. The book, which includes contributing chapters from Morgan Lewis lawyers, discusses the opportunities and challenges facing the industry in Africa.
Chapters describe the production sharing contract (PSC) and economic terms governing regional exploration and production activity. Although PSCs are not an exclusive host government instrument, they are of growing importance for countries looking for greater control over, and societal benefits from, petroleum production. The book also covers financing, M&A, valuation, local content, state participation, security and decommissioning issues in an African context. Additional chapters deal with OHADA – an attempt to harmonise business laws across 17 countries in West and Central Africa – and natural gas and LNG projects.
Partner Olivier Chambord and associate Allison Soilihi wrote the chapter “Ohada: the organisation for harmonisation of business law in Africa,” and partner Bruce Johnston wrote the chapter “Financing of oil & gas operations in Africa.”
Olivier Chambord is an energy transactions partner who splits his time between our London and Paris offices and focuses his practice on Francophone Africa. Bruce Johnston, a partner based in our London office, heads our international finance practice. Allison Soilihi is an energy transactions associate co-located in our London and Paris offices who also focuses on Francophone Africa.