News 24 Jun. 2021
Curtis successfully defends foreign states' procedural privileges in the UK Supreme Court
News 23 Jun. 2021
Ibrahim Elsadig joins Curtis as Partner in Dubai
Client Alert 24 Feb. 2022
EU, UK, Japan and Australia Impose Sanctions on Russia
News 09 Aug. 2021
Curtis, Mallet-Prevost, Colt & Mosle enters into association with Chevalier Law in Singapore.
News 06 May. 2022
Curtis Advises Terna Group on the Sale of its Latin America Power Transmission Assets to CDPQ
Publications 05 May. 2022
Marie-Claire Argac, Simon Batifort, and Cyprien Mathié share highlights from “Affaires d’Etats: Practical Considerations When Defending States in International Arbitration” on Kluwer Arbitration Blog
Event 26 Apr. 2022
Claudia Frutos-Peterson Speaks at CAI Costa Rica’s 13th Congress of International Arbitration
News 21 Apr. 2022
SCOTUS Upholds U.S. Colonialism under the U.S. Constitution
Client Alert 23 Mar. 2022
The Dubai International Arbitration Centre (DIAC) has launched the DIAC Arbitration Rules 2022
Event 22 Nov. 2021
Partner Antonia Birt spoke at ADGMAC and AIAC Webinar Series: Webinar 5 - Disputes in Fintech and Complex Technology in MESEA
News 16 May. 2022
Curtis Files SCOTUS Amicus Brief for Ohio Justice & Policy Center in Prisoners’ Rights Case
News 10 May. 2022
Juan Perla’s Argument in D.C. Circuit Featured on Audio Arguendo Podcast
Client Alert 21 Apr. 2022
New Laws Targeting Assets of Russian Oligarchs: The U.S. Announces Task Force KleptoCapture and the Kleptocracy Asset Recovery Rewards Program
Client Alert 19 Apr. 2022
U.S. President Biden Expands Export Controls Imposed on Russia and Belarus
Client Alert 24 Jun. 2021
Update on Virtual Notarization (Executive Order 202.7) During the COVID-19 (Coronavirus) Pandemic (Updated: June 24, 2021) — U.S. Insight
Update on Virtual Witnessing (New York Executive Order 202.14) During The COVID-19 (Coronavirus) Pandemic (Updated: June 24, 2021) — U.S. Insight
News 14 Dec. 2011
Astana, December 14, 2011 - Curtis, Mallet-Prevost, Colt & Mosle LLP counseled the Republic of Kazakhstan in negotiations resulting in an agreement signed today in Astana.
Under the agreement, KazMunayGas, the national oil company of Kazakhstan, will become a 10% stakeholder in the consortium developing the Karachaganak oil and gas field, one of the largest in the world. The other consortium members consist of British Gas, ENI, Chevron and Lukoil. Karachaganak had been the only major oil project in Kazakhstan in which the Republic did not already hold a stake.
The agreement calls for KazMunayGas to acquire a 5% stake in the project for approximately $1 billion. The remaining 5% will be transferred in settlement of two arbitrations pending between the Republic and the Karachaganak consortium members.
'This was a highly complex negotiation, involving commercial, tax and international arbitration matters, which was conducted simultaneously in English and Russian with four of the largest oil companies in the world,' said Eric L. Gilioli, lead partner in the transaction for Curtis. 'Curtis has been privileged to represent Kazakhstan in the negotiated resolution of disputes regarding two of the biggest oil fields in the world.'
In 2008, Curtis represented the Republic and KazMunayGas in negotiations that increased the stake of KazMunayGas in the consortium developing the Kashagan field, reported to be the world's largest oil discovery in at least three decades. The Kashagan consortium consists of ENI, ExxonMobil, KazMunayGas, Shell, Total, ConocoPhillips and Inpex.
For the Karachaganak negotiations, Curtis utilized a team of lawyers from five of its international offices (New York, London, Paris, Almaty and Astana) led by partners Eric L. Gilioli, Askar N. Moukhitdinov, Peter F. Stewart and Anthony Smith and associates Nurlan Mukhitdinov, Askhad Koshkarbayev and Olga Beloded. Partners George Kahale III, Peter M. Wolrich and Geoffroy P. Lyonnet represented the Republic in the related international arbitration disputes.
Curtis, Mallet-Prevost, Colt & Mosle LLP is a leading international law firm providing a broad range of services to clients around the world. Curtis has offices in the United States, Europe, Central Asia, the Middle East and Latin America. The firm's international orientation has been a hallmark of its practice for nearly two centuries. For more information about Curtis, please visit www.curtis.com or follow Curtis on Twitter (twitter.com/curtislawfirm) and Facebook.com/Curtis.Careers).
Olga R. Beloded
Eric L. Gilioli
George Kahale III
Askar N. Moukhitdinov
Peter M. Wolrich
+7 727 311 1187
+7 7172 550 150