As the global economy resumes growth, so will demand in oil and gas and petrochemicals products driven by strong energy-demand from developing countries. This risks a repeat of the 2008 oil market shock. Such oil price volatility combined with the emergence of national oil companies is changing the competitive landscape. Since competition for investment dollars is on the increase again, it will be crucial not to lose momentum in new projects investments. At the same time, issues involving risk allocation, environmental concerns and security of supply cannot be ignored.
We at Baker & McKenzie understand that solutions-oriented, internationally-informed legal advice is fundamental in meeting all of these challenges. Your success in what are complex, highly-structured oil and gas and petrochemicals transactions demands a thorough understanding of technology and economics, while dealing with intricate regulatory schemes, volatile and competitive markets, and uncertain government policy.