Description
The focus on decarbonization and net-zero emissions continues to impact the oil and gas industry in positive and negative ways. Owners and investors must consider physical assets that can be adapted, repurposed or sold to maximize the value of existing assets and avoid the risk of stranded assets and the high costs of decommissioning or dismantling those assets.
The repurposing of existing infrastructure to support the low carbon supply chain creates a new revenue stream for existing assets. Repurposing these assets, however, involves a critical analysis of various federal and state regulations, potential liability, and a complete understanding of structuring deals to repurpose and adapt these assets, all in a rapidly evolving environment.
Listen as our panel discusses recent regulations under the Biden administration, legal implications for repurposing assets, decommissioning and stranded assets, possible deal structures for repurposing assets, and managing federal and state law challenges.
Presented By
Mr. Aksamit focuses his practice on energy and private equity taxation and counsels public, private equity, and closely held clients in mergers and acquisitions, financing, and joint venture transactions, as well as all other aspects of transactional tax matters and planning. He is Board Certified in Tax Law and Estate Planning and Probate by the Texas Board of Legal Specialization.
Mr. Humphrey's practice focuses on U.S. and international project development and finance, corporate finance, strategic joint ventures, and mergers and acquisitions, especially in the energy industry.
Ms. McDonald is an attorney in Holland & Knight's Washington, D.C., office and a member of the firm's Public Policy & Regulation Group. She focuses her practice at the intersection of innovation and government. Ms. McDonald is especially well versed in running complex, cross-government matters with intricate legal, policy and financing components. She is highly knowledgeable in several areas, including energy technology commercialization, federal energy procurement, biofuels, cannabis, hemp, innovative U.S. Department of Defense (DOD) contracting, and government grants and loan guarantees.
Ms. Phillips focuses her practice on environmental regulatory matters. Her experience includes compliance counseling; environmental management system development; environmental, health and safety auditing; environmental risk assessment; environmental due diligence; advising on environmental matters in corporate and commercial transactions; handling administrative enforcement actions; and working with private and governmental (including federal, state and local) entities to develop and implement collaborative environmental solutions. Matters on which Ms. Phillips has advised clients have related to federal, state and local regulatory requirements associated with air emissions, industrial and hazardous waste, water quality, underground storage tanks, endangered species, contaminated properties and release reporting obligations.
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This 90-minute webinar is eligible in most states for 1.5 CLE credits.
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Date + Time
- event
Thursday, September 23, 2021
- schedule
1:00 p.m. ET./10:00 a.m. PT
- Impact of Biden administration proposals and executive orders
- Repurposing oil and gas assets
- Deal structures
- State law considerations and challenges
- Best practices for energy counsel and owners
The panel will review these and other key issues:
- What impact do recent developments from the Biden administration have on energy infrastructure?
- What are the key considerations for adapting or repurposing oil and gas assets for the green economy?
- What are the challenges and key provisions when structuring deals for the adapting or reuse of oil and gas assets?
- What are the federal and state law challenges and best practices for counsel to overcome them?
