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Baker Botts debates LNG

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LNG Industry,

Baker Botts L.L.P. recently hosted its first Oil and Gas Lawyer School for leading in-house counsel and deal makers at leading energy companies in London, UK.

During the programme, leading partners from Baker Botts’ Energy practice were joined by 38 industry professionals to examine a range of topical issues facing the oil and gas industry, which is going though one of the most transformative periods in its history. Participants were able to discuss the characteristics of the international LNG industry and value chain, learn about different hydrocarbon granting instruments and joint venture concepts, explore the legal issues involved in the acquisition of oil and gas assets, and gain first-hand insight into international arbitration in the energy sector. Attendees comprised in-house lawyers from various oil and gas companies including BP, Cheniere, ENI, Exxon Mobil and Gazprom Marketing & Trading.

Mark Rowley, Partner-in-Charge of Baker Botts in London, said: “Baker Botts has a strong commitment to the professional development and advancement of our clients’ in-house legal teams. Although the downturn in oil prices continues to impact the industry, it’s important that we continue to work with our clients to share knowledge and explore the exciting possibilities that the industry holds, such as the continuing developments in the LNG-to-power sector within emerging markets in Africa and South America. We hope that by listening to what our speakers had to say, and contributing to the group discussion, everyone went away with a deeper understanding of oil and gas industry fundamentals and an appetite to continue to learn more about this exciting industry we work in.”

Hamish McArdle, a London based Oil & Gas partner with Baker Botts, added: “The Oil and Gas Lawyer School is a new development for the firm, designed to promote a deeper understanding of legal and commercial issues in energy transactions and projects and to explore innovative solutions with in-house energy practitioners […] Building on this initiative, we plan to develop the programme internationally for business leaders, the legal profession and the members of the energy community.”

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