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Energy and Natural Resources


Energy and natural resources are the subjects of special regulation and control by state authorities. To start working with such objects (or merely to invest in them) it is necessary first to obtain a number of licenses which, even once received, will not prevent claims being initiated by the state in the future. And, from the other viewpoint, the state itself often needs protection against the unfair actions of economic entities.

Oil and gas has always been a strategic sector of Ukrainian economy, therefore, special attention shall be paid to the projects in this sphere. This is largely due to the fact that the state authorities always closely consider all projects in the sector. Price of possible mistake could be very high, so all legal documents should be elaborated very carefully.

The main focuses of our legal assistance are:

  • Licensing of special types of business activity in the sphere of power engineering, production and usage of oil and other natural resources
  • Consulting on issues of national law relating to the procedure of the production and use of natural resources
  • Consulting on the legal aspects of trade of energy sources
  • Taxation of enterprises within the oil and gas and energy industry
  • Consulting on legal issues concerning environmental protection
  • State order for the development of particular objects in the fuel and energy industry
  • Representation in courts and other state authorities


Our lawyers have successfully handled various matters for a cross section of clientele in oil & gas sector of the economy locally and internationally. Some of our previous assignments include:

  • Advising Regal Petroleum Corporation, a large international and Ukrainian oil and gas producer, in connection with IPO on AIM at LSE, exploration and production, negotiation of production sharing agreement, drafting various legal documents, project financing etc.;
  • Advising the largest Kazakh oil and gas producer on potential acquisition of their Ukrainian assets;
  • Advising Mobil Oil, now part of Exxon Mobil Corporation, multinational oil and gas corporation, on Ukrainian regulatory issues;
  • Advising Marathon Oil, an integrated international energy company, with respect to oil and gas exploration and production laws and communicating with government agencies on project feasibility;
  • Advising Naftogas of Ukraine, the largest Ukrainian oil and gas company, on corporate structure, drafting and negotiating contracts of natural gas importation (US $800,000,000 worth);
  • Advising Vanco Energy company, an independent oil and gas company, on entering into production sharing agreement with the government of Ukraine;
  • Advising number of large Ukrainian oil traders in connection with appeals against the Antimonopoly Committee’s ruling;
  • Advising Carpatsky Petroleum on exploration and production including pilot production and preparing draft contracts;
  • Advising clients on privatisation of a number of companies, including SumyOblOilProduct, KirovohradOilProduct, Rivne Tank Farm, Odesa Oil Refinery, ChernivtsiOilProduct, ZhytomyrOilProduct;
  • Advising Gas Of Ukraine, the largest Ukrainian gas-supplying company, on a number of court disputes;
  • Advising Kuwait Energy Company, an independent oil and gas exploration and production company, on acquisition of their Ukrainian assets, obtaining antimonopoly clearance, syndicate loan facility and a number of litigation issues;
  • Advising Prime Gas, Ukrainian oil and gas company, on potential acquisition of producing assets in Ukraine;
  • Advising individual client in connection with litigation with Cadogan Petroleum;
  • Advising Energy and Fuel of Ukraine state company on day-to-day business;
  • Advising UkrGasContract on exploration of natural gas;
  • Advising client on participation in oil production project in Ivano-Frankivsk oblast;
  • Advising US company with respect to establishing Polar Oil & Gas Company and subsequent production sharing agreement;
  • Advising client on entering into production sharing agreement for the project with UhtaOilGasGeology Company;
  • Advising PoltavaPropaneGas on litigation issues.
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