Oil Service Company Alert - Recent Kazakh/Azeri Legal Developments
Posted by The Communications Business on Friday, March 12, 2010
Start Date Monday, March 15, 2010
End Date Monday, March 15, 2010
Location
The Marcliffe Hotel & Spa, Aberdeen
Full Details
Central Asia offers a host of investment opportunities, which Scottish companies and their financiers cannot afford to pass up. The region boasts some of the world's largest oilfields, including Caspian super giant - Kashagan and onshore giants - Tengiz and Karachaganak in Kazakhstan. It is estimated that Azerbaijan's oilfields have 7 billion barrels and that together, Azerbaijan and Kazakhstan account for approximately 4% of the world's oil reserves. Kazakhstan and Azerbaijan have attracted major energy investment from across the world. Both are significant economic hubs in the transportation of oil and raw materials from the centre of Asia to markets in the west.
The aim of this seminar is to highlight major matters affecting oil service companies in Kazakhstan. For those with an interest in Azerbaijan, the seminar will provide legal and tax guidelines for doing business under a PSA.
Key speakers include partners in Macleod Dixon's Moscow and Almaty offices and Maclay Murray & Spens LLP
Macleod Dixon is an international law firm headquartered in Calgary, Canada with offices in Toronto, Moscow, Almaty, Caracas and Rio de Janeiro. See www.macleoddixon.com. The firm established offices in Moscow and Almaty in 1991 and 1994 respectively. With almost two decades' of legal expertise acquired in the FSU, Macleod Dixon has one of the longest track records of advising on Kazakh and Azeri energy matters.
Maxim Telemtayev, managing partner of the firm's Kazakhstan practice, will speak about key legal issues for a company operating in Kazakhstan, including corporate formation and taxation, service and equipment licensing, powers of local authorities, bidding regulations, employment rules, local content and work permits.
Aydin Jebrailov, head of the firm's Azerbaijan practice, will provide an update on current interpretations by Azerbaijan's authorities of a PSA's key provisions related to subcontractors' services.
Patricia Ritchie, consulting director, corporate tax with MMS, will highlight certain tax considerations of relevance to UK companies doing or planning to do business in Kazakhstan and Azerbaijan.
Chris Phillips, partner, employment, benefits and pensions with from MMS will speak about employment aspects for UK employees transferred or seconded into Kazakhstan or Azerbaijan.
For further information please contact Karen Ward (events@mms.co.uk)
Link:
http://mms.co.uk/Knowledge/html/article.asp?articleID=1010
Programme:
Registration & Breakfast - 08:00
Introduction by Uisdean Vass - 08:30
Functioning as a Service Company in Kazakhstan: Key Legal Issues by
Maxim Telemtayev - 08:35
Taxation of Subcontractors Under a PSA: Current Position of Azerbaijan's Authorities by
Aydin Jebrailov - 09:00
Tax and Employment Aspects of Doing Business in Kazakhstan and Azerbaijan by
Patricia Ritchie & Chris Phillips - 9.30
Q&A and Networking - 09:50
Networking ends 11:00
Venue
The Marcliffe Hotel & Spa
North Deeside Road
Pitfodels
Aberdeen
AB15 9YA
Category
Events