ITIBAR & AVOCATS ASSOCIÉS assisted in the legal review and negotiation of an oil production sharing contract related to hydrocarbon exploration and production activities. The firm's intervention consisted of conducting an in-depth analysis of the draft contract, identifying key legal risks likely to affect the interests of the public party, and proposing revisions intended to strengthen the legal security of the operation. The work particularly focused on project governance mechanisms, local content obligations, stability guarantees, rules concerning the recovery of petroleum costs, tax provisions, environmental commitments, control mechanisms, as well as clauses related to dispute resolution. This mission illustrates the firm's experience in negotiating complex public contracts, securing strategic investments, and projects in the natural resources sector.
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