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Chartering Offshore Service Vessels (OSV) for Windfarm and Solar Power Generation Fields

The quest for Clean Energy leading to deployment of Windfarms and Solar Fields offshore has been increasing since 2012 at much faster pace than anticipated. Going forward to 2050, Renewables will be the primary source of new electricity generation as projected by EIA’s International Energy Outlook 2021. This translates in the launch of ambitious projects [...]

Inventive Employees Create Innovative Enterprise

Employer inspires and employees will do their best to outperform. Not every employee is hired to create inventions but every human given the right context and support has an intellect to be creative. In the digital world and knowledge economies, the value of intangibles are significantly higher than the value of tangible assets, which are [...]

Who Owns Intellectual Property Rights – Employer or Employee?

Intellectual Property Rights are legal rights which are not limited to only the place / country of employment but can be registered and exercised in any of the 199 countries which are either WTO Member and bound by the TRIPS Agreement (166), and or PCT Contracting States (157). The intriguing question is whether an employer [...]

January 21st, 2023|Categories: Blog, Marine & Offshore|Tags: , , |0 Comments

A New World Order for Business Management and International Trade – Post Current Disorder

Corporate Management and Investors cannot use the Covid-19 pandemic of 2020 (and its subsequent disorder) as an excuse that caused a devastating impact on both domestic and international trade, economies, as well as humanity. Rather, it should instead be taken as an impetus for designing future ready business models and corresponding econometrics. The Covid-19 Pandemic, [...]

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 Termination and or Rescinding of a contract for delays in delivery! The above phrases and similar sounding clauses are heard, [...]

February 2nd, 2020|Categories: Blog|Tags: , , , , |0 Comments

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 the actual consumption demand, stock requirements, strategic reserves and speculators indulgence in market economy. This led to the price increase [...]

June 7th, 2016|Categories: Blog, FPS Conversion and Rig Building Projects|0 Comments

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 Sodom will You destroy the righteous with the wicked? God said no, if there were 50 righteous He will not [...]

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, began in the 1950s in North America. The trend continued to grow through mostly domestic resources. In the 1970s with [...]