Fixing Flawed Environmental Clauses in Joint Venture Legal Agreements: How Operators and Non-Operators Can Live Up to Their Environmental Stewardship Promises

Companies in the oil and gas, chemicals, and mining sectors are among those with the highest environmental, social, and governance (ESG) risk profile.

Authored By

Shishir Bhargava

James Bamford

Joshua Kwicinski

But making meaningful improvement in environmental performance means companies will need to address their joint ventures (JVs), and in particular their non-operated JVs (NOJVs), which represent a material portion of the production of many companies in the extractive industries.

Read the full article originally published in the Oil, Gas & Energy Law.

About the Authors

Shishir Bhargava

James Bamford

James Bamford is a Senior Managing Director at Ankura based in Washington, DC. He joined Ankura with the firm’s 2020 acquisition of Water Street Partners, which he co-founded in 2008. Water Street Partners has been independently ranked as the number one global advisor on joint ventures since 2017. Prior to Water Street, he was global co-lead of the Joint Venture & Alliance Practice at McKinsey & Company.

Joshua Kwicinski

Joshua Kwicinski is a Managing Director based in Washington, DC. He has more than a decade of experience in advising on all aspects of the partnership lifecycle, including deal strategy, transaction structuring, ongoing governance, and restructuring/exit. He has advised senior executives and dealmakers at both a corporate and individual JV level across a range of industries, including oil and gas, metals and mining, aerospace and defense, financial services, biotechnology, and others.

Fixing Flawed Environmental Clauses in Joint Venture Legal Agreements: How Operators and Non-Operators Can Live Up to Their Environmental Stewardship Promises

Authored By

About the Authors

Shishir Bhargava

James Bamford

Joshua Kwicinski

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