Oil & Gas - Watson, Farley & Williams
Oil & Gas - Watson, Farley & Williams
Oil & Gas - Watson, Farley & Williams
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• Advising a UK plc on joint venture arrangements relating to a production sharing<br />
agreement with SOCAR (state oil company), Amoco and Monument <strong>Oil</strong> for the<br />
exploration of the Inam Block offshore Azerbaijan<br />
• Advising an international energy trader on the structuring and documentation of a<br />
joint venture with a local chain of petrol stations in Brazil<br />
• Advising an energy trader in relation to a joint venture for the storage and<br />
transportation of hydrocarbons in Congo.<br />
DISPUTE RESOLUTION<br />
• Advising clients on a claim under an all risks cargo policy of insurance following<br />
damage sustained to a jack-up rig whilst being transported from Galveston Texas<br />
to Luwut Malaysia. Addressing, in particular, issues of fortuity and inherent vice<br />
• Acting for PGS Offshore Technology in relation to a claim for a £2m “sailaway”<br />
bonus under an EPC contract for the design, engineering, procurement and<br />
construction of an FPSO. The case turned upon whether the head construction<br />
contractor, Aker <strong>Oil</strong> & <strong>Gas</strong> (UK) Limited, had earned the performance bonus by<br />
substantially completing its scope of work on the date of sailaway, and required an<br />
assessment of the scope of carry-over work to be performed offshore<br />
• Acting for SANA the Italian owner of the semi-submersible oil production platform<br />
known as P36 in long-running High Court proceedings against Petrobas<br />
(represented by Linklaters in London) concerning upgrade works to the rig which<br />
capsized and sank off Brazil in 2001. The case involved complicated technical<br />
issues relating to the construction and financing of the rig and was worth in excess<br />
of US$350m<br />
• Acting for Aban Loyd Chiles in a dispute with ITC of Holland over the failure of<br />
ITC's semi-submersible barge to dock Aban’s rig, the Aban II. Claim centred on<br />
which party was responsible for the failure, and required an investigation into the<br />
technical reasons for failure of the docking operation<br />
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