Live Webinar: "Oil & Gas Projects in Ecuador: Presidential Election Results, Legal Challenges and Solutions for Investors"
11:00 a.m. ECT (UTC -5) Tuesday, February 9, 2021
10:00 a.m. CST | 4:00 p.m. GMT | Timezone Converter
1 hour (inclusive of Q&A)
Enrique Jaramillo, Associate Director, IHS Markit
Francisco Larrea, Director, Oil & Gas and Energy, Noboa, Peña & Torres
Patricio Albuja, Legal Manager, SERTECPET
Moderator: Diogenes Bermudez, Senior Legal Counsel, McDermott International, Ltd.
Organized by the Latin America & Caribbean Chapter, panelists in this webinar will discuss Ecuador’s new legal outlook in the face of the results of the first round of the 2021 elections. These experts, composed of some of the foremost experts in their fields, will not only identify the most relevant challenges that international and national investors face but, more importantly, also the different ways in which they can overcome such challenges and turn them into opportunities.
This discussion is timely as Ecuador has started to promote a number of oil and gas projects with the objective to revamp the industry. The South American nation is aiming to attract over 9 billion dollars in the following year in international and national investment for projects ranging from petroleum licensing rounds, workover of old wells, construction and operation of two refineries, and management of one offshore terminal.
In the last 10 years, Ecuador has taken a number of measures that have impacted the oil and gas industry vastly. From the termination of all the country’s BITs and its withdrawal from the ICSID Convention, to the return of the production sharing agreement and the recent adoption of the new Environmental Regulation of Hydrocarbons Operations. These measures have changed the landscape for investors in Ecuador deeply, and they have to be known and discussed by the community now, at the outset of the country’s crusade for new investment.
Specifically, the panelists will discuss:
- The results of the first round of the 2021 elections.
- Investment opportunities in Ecuador
- Legal and contractual mechanisms and instruments to enter the Ecuadorean market, from licenses, to farm-ins, to sale of assets and mergers and acquisitions.
- The impact of the new Environmental Regulation of Hydrocarbons Operations
- Status of investment protections for foreign investors
Member - complimentary
Non-Member - $25
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Please register at the link to the right. Login details will be provided via email on February 8.
Special thanks to webinar sponsor: