Webinar
Trends in Upstream Oil and Gas Disputes
Date: 15 September 2020
To help navigate these unique times, partners from Dubai, London, and Singapore, as well as representatives of the Singapore International Arbitration Centre (SIAC), have shared their experiences and provided helpful tips on the latest trends in upstream oil and gas dispute resolution.
Topics include:
- Macro view of previous and current trends
- Upstream oil & gas industry collapse in 2020: background and consequences, lessons learned from collapses in the upstream industry in 2008 and 2014
- Micro view of the types of contracts/parties affected and the types of claims we expect
- Contract terminations - oil companies
- Contract terminations - service companies/main contractors
- Onshore and offshore engineering and construction contracts
- Where and how will a dispute be brought about?
- Litigation funding - lessons learned since 2009
- Checklist of Criteria used by funders to assess the suitability of a case for funding and an overview of the main steps, timelines and process
- Development and presentation of a budget; how to put ‘skin in the game’
- Understanding how do funders calculate their return on investment; how they determine their cost of funds; how are payment priorities/waterfalls managed
- Could this change the dynamics when contractors and service providers deal with Nation Oil Companies and other large commercial entities?
This event is sponsored by K&L Gates in conjunction with K&L Gates Straits Law LLC, a Singapore law firm with full Singapore law and representation capacity, and to whom any Singapore law queries should be addressed. K&L Gates Straits Law is the Singapore office of K&L Gates, a fully integrated global law firm with lawyers located on five continents.
