Apart from the investment laws of the country, there are special and detailed regulatory and administrative rules clients need to be aware of and comply with in their business and investment plans in Ethiopia.
We advised clients in the Ethiopian oil and gas exploration in regard to tax exemptions for oil and gas explorers and sub-contractors. We have also advised a petroleum exploration and Production Company on negotiating Petroleum Production and Sharing Agreement and on issues related to taxation, and an oil exploration company regarding drafting and compliance requirements of a format agreement. We have also conducted legal due diligence on an existing oil and gas development and production company for potential lender and insurer concerning its Ethiopian project.
Our legal services in this sector include, but are not limited to:
- Advising on tenders in power as well as renewable and non-renewable energy
- assisting on tenders and bidding for power and energy projects
- acquisition, transmission and distribution compliance requirements,
- Issues of tax,
- Conducting title examinations,
- Company and legal due diligence
- Assisting in preparing and registering the necessary company documents,
- Making application and processing licenses
- Reviewing tender and project documents including electricity generation agreements, power purchase agreements, connection agreements, implementation and government support agreements, public-private partnerships agreements and project financing agreements.