Our oil & gas team helps clients meet the complex trade challenges they face

Our oil & gas trading team has many years of experience working with government owned producers, leading oil traders and energy multinationals. This has given us critical insight into how to put together deals, assess risks and advice on trading issues and the financing, transport and supply of oil and gas.

We advise on trading and operational disputes, covering matters of quality, quantity, contamination and shortage, and on letter of credit disputes and contracts for physical sale and purchase.

Our derivatives practice has grown out of our traditional strengths in the international trading market. Management of commodity price, freight, currency exchange and interest risks have become an everyday part of this sophisticated market. We also advise on a wide range of derivatives products.

Oil is one of the world's most traded commodities and presents many challenges, not least the close association between the oil price and the politics of some of the world’s most volatile regions. This instability continues to contribute to the high level of market speculation in relation to pricing and future availability.

Our Oil & Gas Work

  • Tout
  • Afrique
  • Moyen-Orient
  • Royaume-Uni et Europe
  • Coverage for mechanical breakdown and business interuption

    Representing reinsurers in the successful settlement of a USD 30 million claim arising from a breakdown of a mechanical shovel and consequential business interruption claim at a large diamond mine loss concerning coverage and quantum issues

    South Africa

    Eastern Petroleum Corporation acquires an oil field in Russia

    Advising a subsidiary of Eastern Petroleum Corporation on the acquisition of an oil field in Khanty-Mansiysk and the establishment of a JV company.

    Russian Federation

    Arbitration for international energy company over oil processing agreement

    Acting for a well known international energy company in arbitration proceedings against a Balkan sovereign and a state owned oil refinery arising out of a crude oil processing agreement

    Bulgarie

    Joint ventures in Southern African petroleum

    Advising an international trading house on a JV to acquire and invest in petroleum distribution assets in southern Africa

    Namibia

    Offshore oil exploration in Western Africa

    Advising a West African trading company on an offshore oil exploration and production sharing agreement

    Nigeria

    UNCITRAL arbitration over breach of a take or pay contract

    Representing an Asian oil company in a USD 20 million UNCITRAL arbitration regarding the breach of a take or pay contract

    Autriche

    Yemeni USD 10.9 billion Production Sharing Agreement ICC Arbitration

    Successfully acting on a multi-billion dollar arbitration concerning the Republic of Yemen's national wealth and in relation to a 20-year old Production Sharing Agreement (PSA) regarding the Marib Block 18 oil field in the Yemen. Reported in The American Lawyer as the 2nd largest contract dispute and the largest ICC arbitration in their 2007 Arbitration Scorecard.

    Yemen
  • Coverage for mechanical breakdown and business interuption

    Representing reinsurers in the successful settlement of a USD 30 million claim arising from a breakdown of a mechanical shovel and consequential business interruption claim at a large diamond mine loss concerning coverage and quantum issues

    South Africa

    Joint ventures in Southern African petroleum

    Advising an international trading house on a JV to acquire and invest in petroleum distribution assets in southern Africa

    Namibia

    Offshore oil exploration in Western Africa

    Advising a West African trading company on an offshore oil exploration and production sharing agreement

    Nigeria
  • Yemeni USD 10.9 billion Production Sharing Agreement ICC Arbitration

    Successfully acting on a multi-billion dollar arbitration concerning the Republic of Yemen's national wealth and in relation to a 20-year old Production Sharing Agreement (PSA) regarding the Marib Block 18 oil field in the Yemen. Reported in The American Lawyer as the 2nd largest contract dispute and the largest ICC arbitration in their 2007 Arbitration Scorecard.

    Yemen
  • Eastern Petroleum Corporation acquires an oil field in Russia

    Advising a subsidiary of Eastern Petroleum Corporation on the acquisition of an oil field in Khanty-Mansiysk and the establishment of a JV company.

    Russian Federation

    UNCITRAL arbitration over breach of a take or pay contract

    Representing an Asian oil company in a USD 20 million UNCITRAL arbitration regarding the breach of a take or pay contract

    Autriche

    Arbitration for international energy company over oil processing agreement

    Acting for a well known international energy company in arbitration proceedings against a Balkan sovereign and a state owned oil refinery arising out of a crude oil processing agreement

    Bulgarie

Our Oil & Gas team

Marko Kraljevic
Marko Kraljevic

Partner

Hatty Sumption
Hatty Sumption

Partner

David Bennet
David Bennet

Partner

Andrew Rourke
Andrew Rourke

Partner

Eleanor Coates
Eleanor Coates

Partner

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Voir notre équipe Commerce et biens de consommation

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