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The Department for Energy Security and Net Zero (DESNZ) has invited Financial Conduct Authority (FCA)-authorised UK lenders to apply to participate in...
The Department for Energy Security and Net Zero (DESNZ) has announced that the UK and Belgium entered into a Memorandum of Understanding (MoU) on 16...
The Office for Nuclear Regulation (ONR) has published an updated Safety Cases Technical Assessment Guide (TAG-001), replacing the previous TAG-050 and...
This week's edition of Energy weekly highlights includes: the launch of several consultations from Ofgem and the Department for Energy Security and...
An introduction to EU law and competition law issues for take-or-pay clauses in energy contractsThis Practice Note introduces take-or-pay clauses in...
Production Sharing ContractsIntroductionA production sharing contract (PSC) is a contractual relationship between a host government and a private...
The Offshore Transmission Owner (OFTO) regimeWhat are OFTOs?Offshore Transmission Owners (OFTOs) are the owners of offshore transmission assets which...
Power purchase agreements (PPAs)—key terms and issuesWhat is a power purchase agreement?A power purchase agreement (PPA) is a contract between an...
Knock-for-knock indemnities: risk allocation in offshore energy contractsWhat are knock-for-knock indemnities?A knock-for-knock clause is a reciprocal agreement to apportion liability for certain losses (usually, death or injury to personnel and damage to property) between contracting parties,
LNG sale and purchase agreementsTypes of LNG sale and purchase agreementsLiquefied natural gas (LNG) is commonly traded as a portfolio commodity, in which a participant may break up several long-term sales agreements into short-term transactions to optimise transport costs and balance supply
Production Sharing ContractsIntroductionA production sharing contract (PSC) is a contractual relationship between a host government and a private sector participant (‘investor’) whereby the government contracts with the investor to carry out oil and gas exploration and production activities (E&P
If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit
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