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— Sector 03 · Oil & Gas

Oil and Gas.

We came to energy from inside it. The practice is corporate and transactional, informed by years spent in a national oil company's legal function.

cap rockreservoirnormal faultoil–water contactclosure
Anticlinal trap · section

The oil–water contact is drawn flat, cutting across the dipping reservoir; that is what defines the closure, dimensioned at the crest. Formations are named by type only.

About this sector

There are two ways to learn an industry. One is to advise it. The other is to work inside it.

The firm's sector knowledge was built inside a national oil company's legal function. That is where you learn what an internal approval actually requires, how long it takes, and which points a counterparty can concede and which it cannot. It is not the same as having advised on a transaction from the outside, and in this sector it is more useful.

The practice itself is corporate and transactional, with a dispute strand running down the contracting chain. Acquisitions and joint ventures involving energy businesses, entity structuring, the commercial agreements that hold them together, and the payment and contractual claims that subcontractors and suppliers bring us. Narrower than the sector as a whole, and we would rather say so.

“Knowing what a counterparty's internal approval requires, and how long it will take, is worth more here than knowing the market precedent.”

— Sector III · Oil & Gas

Where this sector meets our practice.

§ Practice register · Sector 03
— Engaging the sector team

Discuss an oil and gas matter with us.

We're available to assess your position and advise on the most effective approach. Initial conversations are always without obligation.