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Deepwater Tragedy Highlights Contract Negotiation IssuesOn April 22nd, the Deepwater Horizon grilling rig in the Gulf of Mexico exploded and sunk, causing the deaths of 11 people and leading to oil spilling into the ocean. Aside from being a human tragedy and an environmental hazard, the incident also highlights the importance of contract negotiation. No doubt in the weeks and months to come there will be various legal ramifications surrounding the ....more |
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Author: oil and gas Tags: contract negotiation | oil spill | Deepwater |
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Contract Risk Management: A High Priority in the Upstream Oil Industry Uncertain economic conditions and increasingly risky operating environments have made contract risk management a high priority for the upstream oil and gas industry. With investment in the sector dropping, it is essential that upstream oil and gas industry firms entering into contracts cushion themselves properly against potential risks, particularly as the BP oil spill has added to the uncertainty ....more |
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Author: Tags: contract risk management | upstream oil and gas industry | contract management |
I am looking for a model that could be used in Contract Risk Management.I am going to start a risk m
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Seadrill Case Highlights Importance of Contract Risk Management The economic climate has put pressure on various aspects of the oil and gas industry, with operators and contractors being forced to cut costs."We continue to experience a very competitive market," said Michael J Bradley, president and chief executive officer of Matrix Service, following the oil and gas equipment maintenance firm's release of its third quarter financial results."Increased com....more |
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Author: oil and gas Tags: contract risk management | oil and gas | Seadrill |
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legal and contracting-how many of you have adopted eDiscovery for litigation?
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