Event 23 Aug. 2023
Partner Borzu Sabahi Speaks at the 52nd IDRI Professional Accreditation & Membership Programme
Event 14 Oct. 2022
Curtis Provides Capacity Training to the Government of Uganda
Event 18 Aug. 2023
Partner Borzu Sabahi Speaks at FDI Moot Shenzhen
News 25 Jul. 2023
Partner Eric Gilioli Ranked in Top 10 Influential Energy & Natural Resources Lawyers in Kazakhstan in Business Today
Article 22 Aug. 2023
Fuad Zarbiyev Publishes Article in Journal of International Economic Law
Client Alert 14 Aug. 2023
The EU’s Market in Crypto Assets (MiCA) Regulation: The Highlights
Event 22 Aug. 2023
Partner Dr. Claudia Frutos-Peterson to Speak at Arbitration and ADR Commission of the ICC Mexico
Event 11 Jul. 2023
Partner Elisa Botero Speaks on the Role of the ICC in Investment Disputes
News 15 Aug. 2023
Legal Reader Publishes Article on Dr. Majed Alotaibi’s Arrival as Senior Counsel in Curtis’ Riyadh Office
News 31 Jul. 2023
Curtis Welcomes Senior Saudi Advisor, Dr. Majed Alotaibi, to its Riyadh Office
News 24 Aug. 2023
Curtis Attorneys Quoted in CoinDesk on FTX Founder Sam Bankman-Fried’s Strategy Ahead of His Criminal Trial
News 06 Mar. 2023
Russia Sanctions at the First Anniversary: An Overview of Current Sanctions in the US, UK, and EU and How Global Companies Can Navigate Evolving and Conflicting Sanctions Regimes
Client Alert 30 Aug. 2022
The EU Adopts the “Maintenance and Alignment” Sanctions Package
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