PPO Abogados announced that Carlos Covarrubias has joined its Energy and Natural Resources area as “Senior Counsel”, to strengthen the leading capacities of the firm, with a special focus on the areas of energy, mining, projects, infrastructure and complex transactions.
Covarrubias, which will be based in the Santa Cruz offices of PPO, has more than 20 years of professional experience, 15 of which were dedicated to the hydrocarbon and mining sectors, serving as internal lawyer for companies such as Shell, BG Group and Glencore.
In mining, Covarrubias participated in international transactions, share acquisitions and restructuring. In the field of hydrocarbons, he worked in companies dedicated to downstream and upstream, having negotiated and prepared a variety of oil contracts (operation and services), joint operation contracts (JOAs), as well as a series of national and international service contracts.
He was a leader in HSSE (health and safety) and E&C (ethics and compliance) statutory audit processes. In addition, he was in charge of important legal and regulatory processes and has extensive experience in complex negotiations with government authorities and indigenous communities, having achieved important results for the hydrocarbon and mining sector.
Carlos Pinto, Managing Partner of PPO Abogados stated: “We are delighted to welcome Carlos Covarrubias to the firm and add to our Energy and Natural Resources practice his exceptional knowledge, leadership skills and unique business acumen, acquired from his experience as a lawyer for multinational companies”.
“Our attorneys had the satisfaction of working with Carlos Covarrubias while he worked at Shell and we are very pleased that he can bring to the firm his vast experience in the corporate, regulatory and transactional fields“, he added.
For his part, Covarrubias stated “I am very excited to join PPO to contribute to its leading practice in energy and natural resources. While I was a PPO client, I was able to observe first-hand the positive impact that the firm has had in the Bolivian legal market thanks to its excellent team of professionals, and I am confident that I will be able to further consolidate the competitive and leadership capabilities of this firm”.
PPO is the largest law firm in Bolivia with leading practices across the board. Clients know they can rely on PPO for their most challenging legal and business matters. PPO’s 60 lawyers and over 120 professionals work assertively to deliver exceptional service, sophisticated advice and creative, practical solutions.
PPO has the largest geographical coverage in the country with five offices: La Paz, Cochabamba, Santa Cruz, Sucre and Cobija.
PPO advices clients operating the energy, oil & gas and mining industries in all aspects related to their operations in Bolivia, including the negotiation of exploration agreements and service/operation contracts, obtaining and renewing authorizations and permits from regulators and authorities, negotiating the sale of assets, conducting due diligence processes, reviewing and negotiating joint venture agreements, farm-in and farm-out contracts, corporate advice, regulatory advice and participation in public tenders.
The energy, oil & gas and mining sectors in Bolivia have been subject to complex legal and regulatory issues. As a result of the 2009 constitution, new legislation and rules have been applied to activities related to these industries. Our team has in-depth knowledge of this legal framework and its impact on companies that operate in these sectors.