This seminar will focus on various aspects of necessary planning of the tasks of decommissioning of the aging facilities in the North Sea basin, including the differences in operators’ and suppliers’ perspective on key technical, commercial and legal risks associated with the work.
Offshore decommissioning – key risks, mitigation and the relevant contractual framework
For years the oil & gas industry has prepared for the large and unavoidable scope relating to decommissioning of the aging facilities in the North Sea basin. The scope in relation to cleaning up after the many years of oil & gas production provides huge potential gains for market suppliers and represents large liability for operators. In time decommissioning of windfarms will follow.
In this afternoon seminar we will focus on various aspects of necessary planning of the tasks of decommissioning, including the differences in operators’ and suppliers’ perspective on key technical, commercial and legal risks associated with the work.
To join the discussion Chief Technical Officer, Carsten Sander Jacobsen, Maersk Decom, representing the supplier perspective, will participate with views on key risks and planning issues.
On the backdrop of the identified key risks, the seminar will explore aspects of the legal framework in relation to allocating the responsibility for some of the main risks. A special focus will be placed on the use of contractual clauses (“as-is”-clauses) in contracts for Engineering Preparation Removal & Disposal (EPRD), where the purpose of the clause is to release operator from the responsibility for unforeseen events and place the risk of unforeseen events (including the condition of the facility) with the supplier.
Lastly, but not least, Head of Contracts & Clauses, Grant Hunter, BIMCO, will provide insight to BIMCOs work and considerations in relation to creating a set of industry standard conditions for the decommissioning scope, including a status of the release of these standards.
15.30 – 15.45 Introduction to the seminar, speakers, and market fly-in by/ Klint Klingberg-Jensen, Partner, Poul Schmith
15.45 – 16.15 A supplier perspective on planning, technical and commercial by/ Carsten Sander Jakobsen, Chief Technical Officer, Maersk Decom
16.15 – 16.45 Break
16.45 – 17.20 Contract formats & a special focus on suppliers’ liability for unforeseen events by/ Klint Klingberg-Jensen, Partner, Poul Schmith
17.20 – 17.45 Status and conclusions on the work towards an industry contract template by/ Grant Hunter, Head of Contracts & Clauses, BIMCO
17.45 – 18.00 Conclusion & discussion Moderator: Klint Klingberg-Jensen, Partner, Poul Schmith
18.00 – 19.00 Drinks & finger food – networking
Legal, commercial and technical professionals from operators, suppliers or service-providers within the oil- & gas or wind-industry.
The seminar is free of charge.
We look forward to seeing you.
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