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Energy, Natural Resources and Utilities

Our lawyers have been involved in energy maters since Romania begun privatising its major utilities and energy producers and continued to be involved as international players came to the market. We recognize that a solid understanding of industry issues is crucial to providing practical legal advice that moves a deal or the solving of a particular legal problem forward. In addition to our constant commitment to a thorough understanding of the relevant businesses, we are maintaining and developing close contacts with relevant governmental and regulatory authorities, thus being able to keep abreast of new regulations and practices on issues relevant to the industry and our clients.

Our attorneys gained valuable exposure in dealing with some of the largest energy and utilities providers in the world, with key players in natural resources and sector-specific services as well as with the government and municipalities.

Oil and Gas

Our advice covers:

  • acquisition and disposition of upstream, midstream and downstream oil and gas companies, properties, licenses and concessions
  • financing arrangements relating to acquisitions, operations and services
  • joint operating agreements
  • production sharing contracts for oil and gas assets and related infrastructure
  • engineering, procurement and construction agreements for oil and gas facilities
  • master service agreements and other agreements between oil and gas producers and oilfield service companies
  • gas sale and purchase agreements
  • gas supply agreements
  • crude oil and petrochemical products sale and purchase agreements

Electricity Production and Storage

Areas we advise on include:

  • development of greenfield and brownfield production capacities (both conventional and clean sources), as well as storage capacities
  • acquisition and disposition of electricity production or storage assets
  • financing arrangements for development or revamping of capacities
  • licensing and regulatory matters
  • power purchase agreements
  • engineering, procurement and construction agreements for production or storage facilities

Energy and Carbon Trading

Our team advises many of the world’s largest commodity traders active in Romania on regulatory, commercial, transactional and enforcement matters related to trading physical commodities and commodities derivatives. Our legal work encompasses many aspects of the energy trading business, including crude oil, refined products, natural gas and liquefied natural gas, wholesale and retail power, environmental credits, derivatives and financial products, emissions and renewable energy. We also we have a high-profile presence providing regular advice to energy traders on drafting sale contracts, storage/warehousing agreements and litigation matters. We also act as regular counsel to the European Federation of Energy Traders in relation to the EFET Master Agreements.

For a more detailed presentation of our experience or a discussion on how we can help, please contact Cristian Lina or Carolina Baloleanu .

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Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed and affiliated firms and the members of Eversheds Sutherland (Europe) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements and operate in accordance with their locally registered names. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the Eversheds Sutherland Entities are in a partnership or are part of a global LLP. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client.