Legal Experts Play Key Role In Oil Industry Future - AEO Chief

(MENAFN- Kuwait News Agency (KUNA)) KUWAIT, Feb 9 (KUNA) -- Secretary-General of the Arab energy Organization (AEO), formerly known as OAPEC, Jamal Al-Loughani emphasized on Sunday that specialized legal professionals in the oil and gas sector were fundamental to the industry's future.
He told KUNA following the inauguration of a specialized training course on the legal and historical frameworks of the global petroleum system and industry developments, Al-Loughani highlighted the significant role legal experts play in drafting contracts, managing legal disputes, and navigating environmental and regulatory legislation, as well as international environmental framework agreements.
He stressed the importance of developing legal expertise to address future legislative and legal challenges facing the oil and gas industry, particularly in light of the rapid developments on both regional and global levels.
He pointed out that oil and gas were not just energy sources but also essential drivers of national economies and key elements in international relations and geopolitics.
With advancements in technology and growing sustainability challenges, understanding the legal and regulatory frameworks governing the sector has become crucial to balancing economic benefits with environmental protection.
He added that the AEO aims to develop policies that support diversified investments across all energy sectors, striving for an optimal clean energy mix and sustainable development, and that AEO seeks to enhance innovation and strengthen Arab cooperation to tackle the challenges posed by the global energy transition.
The three-day training course provides participants with an in-depth understanding of the legal framework governing the oil and gas industry, its challenges, and the analytical and practical skills needed to handle legal issues within the sector.
Al-Loughani further emphasized that the energy sector was facing unprecedented challenges, ranging from shifts in global markets to evolving environmental regulations and the transition toward a green economy, and preparing specialized legal professionals was essential to navigating these changes.
This course is not merely an educational opportunity but a gateway to forecasting the future and contributing to the formulation of legal policies that will shape the Arab and international energy sector, he
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