2010 Energy Brochure Year in Review
In 2010, Akin Gump attorneys authored the inaugural edition of the Business Laws of the United Arab Emirates, published by Thomson Reuters. In the upcoming 2011 edition of the publication, Akin Gump further showcases its breadth of expertise with respect to the U.A.E. by authoring a chapter on oil and gas law.
The chapter, authored by Shawn Davis and Kamil G. Ahmed, provides an overview of U.A.E. oil and gas reserves, with a specific focus on the Emirate of Abu Dhabi, given that it possesses most of the U.A.E.'s oil and gas reserves. The chapter, inter alia, analyzes the economics relating to the U.A.E. oil and gas industry and describes consents required for oil and gas pipeline constructions in the U.A.E., federal and emirate-level regulatory oversight, taxation, and oil and gas operating companies in Dubai, Sharjah and the northern Emirates and the related government ownership in these companies. The chapter also provides insight into U.A.E. oil and gas laws, Abu Dhabi concession agreements and the Abu Dhabi Supreme Petroleum Council, which is the highest authority responsible for petroleum affairs in Abu Dhabi.
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