Attorneys at law Borenius Deploys LexisNexis CRM Solution InterAction Across Finnish and Russian Offices

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New opportunities for investors: obtaining subsoil use right for hydrocarbons through auction

By Mikhail Abdulov  Introduction If an investor wishes to commence oil and gas activity (exploration/production) in the Republic of Kazakhstan (“RoK”), it shall obtain a relevant subsoil use right (“SUR”), which is formalized by execution of a relevant subsoil use contract (“SUC”). An investor may obtain SUR either directly (SUR acquisition from an acting subsoil user or from […]

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By Bolat Assylkhanov Cyberattacks remain an increasing threat across all critical infrastructure sectors in Kazakhstan. Threat to the various industries has increased dramatically along with the sophistication of cyberattacks. We have witnessed in recent times massive attacks on IT infrastructure of Kazakhstani state bodies, financial and educational institutions, which led, among other things, to disabling […]

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By Chiara T. Nannini Bermuda is the world’s largest captive domicile with over 700 active captive licences on its register generating approximately US$54 billion in annual gross written premiums. Having formed the first modern captive in 1962, Bermuda still maintains its global lead. The jurisdiction has earned international credibility as a leading global insurance and […]

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