Contractual Risk in the Upstream Oil and Gas Sector

Contractual Risk in the Upstream Oil and Gas Sector. Contractual Risk in the Upstream Oil and Gas Sector. Assignment brief:

Contractual risk in the upstream oil and gas sector is a major concern to all involved. This concern usually manifests itself during and after catastrophic offshore incidents when the issues of liabilities and indemnities are contested in disputes between operator and contractor.
1. Critically discuss the above in particular the key concepts of contractual risk, indemnities and liabilities in view of any offshore industry incident in any jurisdiction of your choice.
2. Critically assess the effectiveness of the contractual provisions dealing with indemnities and liabilities between the parties.
3. Illustrate your answer with concrete contract examples, relevant cases and academic sources on this area of oil and gas contract law

Note: The argument should mainly be centered on the United kingdom Laws, Cases and Policies.

p(10)M

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Contractual Risk in the Upstream Oil and Gas Sector

Contractual Risk in the Upstream Oil and Gas Sector

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