STA Law Firm has a team of settlement experts to represent secured creditors, debtors, trustees, equity holders and suppliers....
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Read more informationIn today’s competitive business environment the mining industry is becoming a very attractive option for foreign investors. New projects are being launched, but we can appreciate that foreign investors will find the mining industry......
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Read more informationCombining variety of practice disciplines to provide extensive advice and counsel to clients, STA’s FMCG practice represents companies in a broad range of industries including large scale franchisors, Fortune 250, and multinationals ...
Read more informationShipping and Maritime Law Firm - UAE, Middle East, Asia and Europe. Expert advice on ship building, ship fiance, sale and purchase, compliance, due diligence and more. Our lawyers advice on all types of vessel including bulk carriers, tankers, cruise ships, offshore rigs and support vessels....
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Read more informationOffshore Drilling in Atlantic Ocean
The House of Representatives in the United States has passed two new bills that permanently ban offshore oil and gas drilling off the coasts of the Atlantic Ocean, the Pacific Ocean and the Gulf of Mexico. This measure has been undertaken in order to tackle climate change, wherein oil spills from drilling activities in the regions mentioned have further threatened jobs in the marine sector. A third bill, that aims to permanently ban drilling activities in Alaska’s Arctic National Wildlife Reserve, will be voted on today.
The Alaskan Arctic National Wildlife Reserve is renowned for its wildlife population, encompassing of polar bears, caribous and various other birds. The United States Government under the Trump Administration has endorsed a policy of easing the environmental regulations on emissions from oil and gas operations. There are voices of concern that say such policies will only increase the dependency the United States has on oil-producing states such as Saudi Arabia and Russia.