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In recent years, Saudi Arabia has embarked on a significant energy transition, guided by the National Vision 2030. This transition aims to diversify the country’s energy mix and reduce its reliance on carbon-intensive fuels. With the implementation of important energy subsidy reforms and dynamic developments in the renewable energy sector, Saudi Arabia has made substantial progress.
The Kingdom’s commitment to sustainability and the energy transition is aligned with its wider Vision 2030 goals. Saudi Arabia aims to reach Net Zero by 2060, accelerate the energy transition, achieve sustainability goals, and drive a new wave of investment. This sustainable vision reflects the Kingdom’s efforts to integrate sustainability principles into policy development, investment decisions, planning, and infrastructure.
The oil and gas industry remains a critical sector in Saudi Arabia. Our firm provides clients with a wide range of services, encompassing various aspects of the energy industry. We offer advisory support in financing and refinancing, including both debt and equity options. Our expertise extends to licensing agreements, joint ventures, oil and gas service contracts, royalty agreements, transportation and shipping arrangements, processing and operating agreements, rig and drilling-related contracts, lifting agreements, sales contracts, and decommissioning-related arrangements. These services cover a comprehensive spectrum of activities, ensuring that our clients receive guidance in areas such as financial transactions, partnerships, legal agreements, and operational contracts within the energy sector.
As part of Vision 2030, Saudi Arabia is actively pursuing renewable energy projects to reduce carbon emissions and enhance sustainability. The sector will continue to play pivotal role in the business landscape as KSA strives to reach Zero Net emissions by 2060.Understanding the importance of this sector, Tasheel Law Firm has devised a clear strategy on assisting both local and global entities to offer legal services related to renewable energy project development, financing, and regulatory compliance. As part of the service strategy, we assist clients with drafting and reviewing power purchase agreements, navigating permitting processes, and ensuring compliance with renewable energy regulations and incentives.
Saudi Arabia has significant mineral resources, including gold, phosphate, and bauxite. Our expertise covers licensing and permitting, mineral rights, environmental compliance, joint ventures, and dispute resolution.
Furthermore, starting from the exploration stage and all through the mining process we highlight opportunities for our clients for joint ventures, mergers and acquisitions and other regulatory matters. We are involved with in every step of the way with our clients that include explores, developers and energy and mining companies.