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Blog

706, 2016

Annual Production of Total Liquid Petroleum and Impact on Future Trend

The annual production of all petroleum producing countries had been growing steadily year-on-year with Brazil showing the steepest climb in the last five years. The production rates were kept on full steam ahead to meet [...]

2105, 2016

Potential of Hong Kong as a Business Centre for Offshore Oil & Gas Industry Segments

Hong Kong can become an ideal location for the OSV Operators and Offshore Oil & Gas Exploration Companies, in the near to long term future, provided concerted efforts by the government and a favorable eco-system [...]

2105, 2016

Opportunities for Offshore Supply Bases in Supporting OSVs with Loss of Charters!

How to benefit from the stagnant demand for oil & gas sector, with oil price hanging below psychological benchmark of US$50/barrel? It has made some dents on offshore E & P support service providers. There [...]

2101, 2016

Mediation – a Virtue or an ADR Forum in Continuous Evolution!

Evidence of Mediation in Scriptures and History Between God and Abraham (Genesis 18:23-33) Dispute: God wanted to destroy Sodom because of their wickedness but Abraham interceded Abraham asked if there were 50 righteous men in [...]

2101, 2016

Loss-Time Schedule Management in EPCIC Contracts

Time, Time and Time Again! How many time you hear this: Time is of the essence! Time is critical! Delivery Time is important! Liquidated damages for delay in delivery time will be enforced! Right for [...]

2101, 2016

Role of International Private Law in Jurisdictions Without Jurisprudence of Oil & Gas Exploration Contracts

The series of commercial and legally enforceable agreements lays the foundation of exploitation of an offshore Oil & Gas field. The legislation for exploitation of natural reserves, specifically oil and gas from the sea bed, [...]