Petroleum Contracts & Exploration Frameworks
- Authoring and auditing customized Petroleum Exploration Promotion Agreements and seismic data acquisition contracts tailored to the Somali maritime and territorial basins.
- Negotiating Joint Operating Agreements (JOAs), farm-out arrangements, and drilling service contracts between multi-party corporate consortiums and subcontractors.
- Ensuring compliance with the newly updated Petroleum Fiscal Regime Regulations to mathematically verify cost recovery tranches, R-factor calculations, and profit petroleum distributions.
- Converting legacy oil concessions and historic exploration obligations into modernized, state-sanctioned Production Sharing Agreements.
- Implementing legal data-room compliance protocols and strict non-disclosure protections during competitive upstream asset bidding rounds.
Are you structuring a corporate joint operating agreement or navigating the latest updates to the petroleum fiscal regime? Call our specialized petroleum contract lawyers on +252616797661, email info@warsamelaw.so, or complete our Make An Enquiry Form.
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