Oil & Gas Practice
Our Oil & Gas Practice regularly advises clients in the offshore oil and gas industry on a variety of matters, including production contracts, contracts for supply of support vessels, EPC (Engineering, Procurement and Construction) / EPIC (Engineering, Procurement, Installation and Commissioning) / EPCIC (Engineering, Procurement, Construction, Installation and Commissioning) contracts for complex offshore and onshore projects, and the construction and pipeline installation contracts.
Our lawyers have acted for contractors in various multi-million international arbitrations involving construction of offshore oil and gas platforms in jurisdictions as diverse as India, Indonesia and Mexico. One notable matter involved the team successfully settling a claim exceeding US$200 million for premature termination of an EPIC project for offshore oil platforms. The team had structured a series of settlement negotiations to address the technical aspects of the claim, and eventually achieved a successful recovery for the client..