Acadiana Business

$2 million donation fuels LSU Energy Law Center

by Leslie Turk

Citing complex regulatory issues and a more modernized industry, LSU creates a specialized energy law program. LSU Law Center Chancellor Jack M. Weiss told The Times-Picayune last week that a specialized energy law program is being created on the LSU campus to help students understand a more modernized industry with complex regulations. The Louisiana Board of Regents approved the LSU Energy Law Center in August.

According to the T-P, the center will collaborate with the LSU campus in areas that will increase the knowledge base of students in the energy law program.

The paper noted that the initiative was fueled by a $2 million donation from John Laborde, an LSU Law Center alumnus, World War II vet and retired chairman and CEO of Tidewater Inc., the largest worldwide oil and gas marine offshore owner and operator of vessels.

Laborde's donation will be used to establish a double distinguished chair in his name to attract leading figures in the industry to occupy the chair; the remaining donation will help create a challenged fund to attract more donors.

The center plans to offer courses in geology, petroleum engineering, nuclear sciences, coastal sciences, environment science and chemical engineering. Weiss stressed to the T-P that oil and gas will remain at the core of the program.

The paper also reported:
Students outside the energy law program will also have the opportunity to gain an understanding of the legal subject matter that surrounds science, engineering and other disciplines critical to the new world of energy.

Practicing attorneys in the energy field will also be able to take advantage of enhanced continued legal education at the law center.
Read the story here.