Governments with petroleum production or potential are under increased pressure to modify their petroleum agreements, regulations or legislation to reflect the increased urgency of climate change. Several governments have implemented energy transition policies. However, these policies often do not match well with their petroleum policies.
To assist governments and petroleum companies Van Meurs Energy, in association with Park Energy Law, has developed the very first model concession agreement that seamlessly integrates petroleum and energy transition policies.
The key feature of the model is to lower the CO2 content of the atmosphere while producing and burning petroleum.
This model is made available for free to assist clients, course participants and interested parties.
We welcome any comments in order to assist us in improving the model and put new versions on this website.
Pedro van Meurs
President, Van Meurs Energy