The Application of Contracts in Developing Offshore Oil and Gas Projects

This book provides a comprehensive overview of the key aspects and contracts involved in the process of developing oil and gas projects, with an emphasis on offshore developments.

Project development in oil and gas carries with it numerous unique risks and challenges. By identifying and managing risk through the various contract stages, each stage of the project is seen in perspective and therefore gives readers a better understanding of how that stage was arrived at and what is expected to come later. To do this, the authors use illustrative international case studies from past and current projects, thereby deepening the reader’s understanding and awareness of risk from practical experience, as well as suggesting answers for those who are involved in developing oil and gas projects.

The Application of Contracts in Developing Offshore Oil and Gas Projects is intended for project owners, project managers, contractors, finance managers, commercial managers and lawyers who seek to understand the subject from a practical point of view.

Philip Loots is an experienced negotiator, attorney, solicitor, and international arbitrator. He was one of the earliest to serve on, and to apply dispute avoidance boards to complex international projects. His experience as in-house counsel for major Oil and Gas operators, and some of the world’s largest international engineering and construction companies, has given him valuable insight into the successful development and delivery of megaprojects.

Dr Donald Charrett, FCIArb, currently practices as a barrister, arbitrator, mediator and Dispute Board member in construction and engineering disputes. He was previously a consulting engineer for over 25 years.