"I have not seen a JV agreement relating to oil/ gas and pre-emptive rights but have seen many commercial agreements that have PE rights. It would be highly unusual that you could circumvent PE rights just by structuring a deal through a company/ subsidiary. If that was the case, nearly all PE rights would be a waste of time inserting into agreements."
Yes, agree....Most overseas assets are held in a separate company, often incorporated in the local jurisdiction.
"I have not seen a JV agreement relating to oil/ gas and...
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