The following Commercial news provides comprehensive and up to date legal information on Where there's no waiver, there's no way (Barclays Bank plc v VEB.RF)
An introduction to take-or-pay clauses in energy contractsThis Practice Note introduces take-or-pay clauses in the energy sector and considers some of...
Power purchase agreements (PPAs)—key terms and issuesWhat is a power purchase agreement?A power purchase agreement (PPA) is a contract between an...
Key stakeholders in midstream & downstream activities of the Oil & Gas industryAlthough differences persist among regional markets, this...
The Offshore Transmission Owner (OFTO) regimeWhat are OFTOs?Offshore Transmission Owners (OFTOs) are the owners of offshore transmission assets which...
Joint study and bid agreementIntroductionA joint study and bid agreement (JSBA) is a contractual arrangement commonly utilised in the oil and gas industry where a number of parties are considering submitting a joint bid for a petroleum agreement.Typically, international oil companies are offered oil
Understanding upstream petroleum agreements—concessions, production sharing contracts and service contractsThe purpose and scope of petroleum agreementsIn order for a private sector participant (the ‘investor’) to carry out oil and gas exploration and production (‘E&P’) activities on land or
LNG Chartering—an introductionIntroductionPractice Note: LNG—an introduction provides a general overview of the production and use of liquefied natural gas (LNG). This note concerns, specifically, the transport of LNG by sea.The predominant purpose of liquefying natural gas is to transport it by
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
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