29
Fri, Mar
51 New Articles

CMS Helps Expert Petroleum Negotiate Ukraine’s First Hydrocarbon Production Enhancement Contract

CMS Helps Expert Petroleum Negotiate Ukraine’s First Hydrocarbon Production Enhancement Contract

Ukraine
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

CMS Kyiv has helped Expert Petroleum, an international company specialized in mature oil and gas field operations optimization, on negotiations with UkrGasVydobuvannya, Ukraine’s state-owned natural gas production company, on Ukraine's first full-scale Production Enhancement Contract.

According to CMS, "the strategic objective of UGV’s PEC project is to intensify gas production and reserves from mature and depleted gas fields by assigning their management and operation to the experienced contractor who will employ modern technology and equipment to maintain the baseline production and achieve some further additional gas output at these fields. Over recent years Expert Petroleum has implemented production enhancement for more than 1,500 oil and gas wells across Romania and Hungary. "

CMS's team was led by Partner Vitaliy Radchenko and included Senior Associates Maryna Ilchuk and Volodymyr Kolvakh and Associate Viktoriia Stavchuk.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

Firm's website.