By Dr. Mohamed Karbal, Managing Partner at Karbal & Co. Since the fall of Gaddafi in 2011, the Libyan oil industry has suffered a loss through the closure of its oil ports and the fall in oil production. Various armed factions have taken turns in controlling the oil ports, leading to a halt in oil […]
Archive | Dr. Mohamed Karbal
Tags: featured, Government of National Accord (GNA), House of Representatives, Libyan Political Agreement (LPA), Mohamed Karbal, National Oil Corporation (NOC), Presidential Council
Libyan Oil Contracts: Negotiating the Future Generation of EPSA
By Dr. Mohamed Karbal, Managing Partner at Karbal & Co. Dr. Mohamed Karbal is a New York lawyer and founding partner of Karbal & Co, a full-service international law firm with offices in Libya and Dubai that serves the needs of international and domestic client with their operations in Libya and the United Arab Emirates. […]
Liability for Collisions under Libyan Maritime Law
By Dr. Mohamed Karbal, Managing Partner at Karbal & Co. It is a known fact that the Libyan people are still struggling to establish a strong central government in order to fulfill the hopes and aspirations that inspired the revolution of February 17, 2011. At present, there are two parliaments and two governments claiming to […]
Can New Regulator Boost Trading on Stock Market?
By Dr. Mohamed Karbal, Managing Partner at Karbal & Co. and Nabilah Karbal, Associate at Karbal & Co. Libya’s new Financial Regulatory Agency: Can it boost trading on the Libyan Stock Market? Libya’s aim to diversify its economic activity by strengthening its financial sector and encouraging investments may prove a success, as the creation of […]
Tags: Mohamed Karbal, Stock Market
Arrest of Ships in Accordance with Libyan Law
By Dr. Mohamed Karbal, Managing Partner at Karbal & Co. Despite the current security problems, the Libyan government due to its efforts to rebuild the New Libya, has situated the nation at the apex of a widely-anticipated economic boom of development in all sectors. Prior to the revolution of 2011, Libya’s exports reached $30 billion […]
Libyan Construction Law: Contractor’s Liabilities
By Dr. Mohamed Karbal, Managing Partner at Karbal & Co. Libyan Construction Law: Contractor’s Liabilities Prior to the upheaval of the February 2011 revolution, Libya was already contending with various economic problems. Forty years of the Gaddafi regime's irrational strategic planning and an apathetic mindset left Libya among the least developed countries. Hospitals taking 30 […]
Tags: Law, Mohamed Karbal
Libyan Investment Law: Foreign Oil Companies
By Dr. Mohamed Karbal, Managing Partner at Karbal & Co. Libya is not only notorious of being one of the toughest Middle East countries in enacting oil regulations but also is known for its rigorous negotiation tactics. The Libyan Petroleum Law no. 25 of 1955 divided concession areas into small exploration sections not exceeding 75,000 […]
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