Decommissioning

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Practice notes
STOP PRESS: This Practice Note is being reviewed in light of the 5 May 2020 agreement by most EU Member States to terminate their intra-EU bilateral...
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Produced in partnership with Joe Tirado, Partner of Garrigues UK LLP and Elisa Vicente, Senior Associate of J&A Garrigues, S. L. P. 12th Jan
Practice notes
Brexit: This Practice Note contains guidance on subjects impacted by the UK’s withdrawal from the EU. As of 31 January 2020 (exit day), the UK is no...
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Produced in partnership with Laura Bolado 12th Jan
Precedents
Option 1—deed executed by a company under its common seal (model articles, where the authorised signatory is an...
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9th Nov
Practice notes
Brexit: The UK's departure from the EU on exit day ie Friday 31 January 2020 has implications for practitioners considering the use of ADR as it may...
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9th Nov
Practice notes
This Practice Note provides an introduction to retained EU law, which is an entirely new legal concept introduced to UK domestic law in preparation...
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9th Nov
Practice notes
Brexit: The UK's departure from the EU on exit day, ie Friday 31 January 2020, has implications for practitioners considering applicable law. For...
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9th Nov
Practice notes
What is the ‘supplier of last resort’?When the Office of Gas and Electricity Markets (Ofgem) revokes a supply licence (usually because of insolvency),...
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Produced in partnership with Matthew Collinson of Igloo Energy 12th Jan
Practice notes
A director who is in any way, directly or indirectly, interested in:•a proposed transaction or arrangement with the company of which they are a...
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9th Nov
Practice notes
What is a company's constitution?A company’s 'constitution' is defined under the Companies Act 2006 (CA 2006) as including:•the company’s articles of...
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9th Nov
Practice notes
What are OFTOs?Offshore Transmission Owners (OFTOs) are the owners of offshore transmission assets which connect offshore wind farms to the onshore...
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Produced in partnership with Herbert Smith Freehills 12th Jan
Practice notes
This Practice Note considers the meaning and use of conditions precedent in commercial arrangements. It also considers typical conditions precedent...
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9th Nov
Practice notes
ContractWhere a contract is made by two or more parties it may contain a promise or obligation made by two or more of those parties. Any such promise...
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9th Nov

Most recent Decommissioning content

Practice notes
‘Conventional’ Oil and Gas—An IntroductionLicensing and RegulationRegulatory BodiesThe former Department of Energy and Climate Change (DECC) (now the...
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15th May
Practice notes
The Energy White Paper—an overviewIntroduction to the Energy White PaperOn 14 December 2020, the UK Department for Business, Energy and Industrial...
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Produced in partnership with Michelle Davies, Jean Pascal Boutin and Simon Davies of Eversheds Sutherland 13th May
Practice notes
Oil and gas decommissioning is usually undertaken by the designated operator of the licence (for an on behalf of its coventurers), therefore it is...
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30th Mar
Practice notes
Decommissioning security agreementsOil and gas companies are expected to return the seabed to its original state (subject to certain exceptions) by...
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Produced in partnership with Isla Stewart of Matheson 9th Mar
Practice notes
The Decommissioning Relief Deed (DRD) is a contract between the UK government and a 'Qualifying Company' which operates in the oil and gas exploration...
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Produced in partnership with Isla Stewart of Matheson 9th Mar
Practice notes
The Petroleum Act 1998 (PA 1998) provides the Secretary of State (SoS) with the power to grant licences to companies to search and bore for and get...
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Produced in partnership with Isla Stewart of Matheson 9th Mar
Practice notes
In the first half of 2020, the oil market was facing shrinking capacities to store over-supplied oil, collapsing prices and plummeting demand. Oil and...
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Produced in partnership with Ben Holland and Michael Davar of Squire Patton Boggs 9th Mar
Practice notes
ScopeThe UK’s decommissioning regime covers both offshore oil and gas installations and offshore submarine oil and gas pipelines. This regime...
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Produced in partnership with Ben Holland of Squire Patton Boggs 9th Mar
Practice notes
Offshore oil and gas decommissioning programmes are, by their very nature, complex documents. Not only do they require the co-operation of all the...
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Produced in partnership with Isla Stewart of Matheson 9th Mar
Practice notes
What are knock-for-knock indemnities?A knock-for-knock clause is a reciprocal agreement to apportion liability for certain losses (usually, death or...
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Produced in partnership with Nicholas Neuberger of Bracewell LLP and Robert Meade of Bracewell LLP 9th Mar
Practice notes
The UK’s policy on decommissioning, and its execution, is overseen by the Department of Business, Energy and Industrial Strategy (BEIS). While the UK...
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Produced in partnership with Isla Stewart of Matheson 3rd Mar
Precedents
Decommissioning Relief DeedThe Decommissioning Relief Deed (DRD) is a contract between the UK Government and a ‘Qualifying Company’ which operates in...
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26th Jan

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