Offshore Construction : Law and Practice book cover
1st Edition

Offshore Construction
Law and Practice

ISBN 9781138799967
Published June 15, 2016 by Informa Law from Routledge
370 Pages

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Book Description

With thirty per cent of the world’s oil and gas production coming from offshore areas, the construction of specialist vessels to perform offshore operations is a crucial part of the industry. However, with exploration and production being performed in increasingly exacting locations, the scope for disputes arising from cost overruns, scheduling delays and technical difficulties is immense.

In the absence of legal precedent, this ground-breaking title provides practical guidance on avoiding and resolving disputes in the construction of offshore units and vessels, including FPSOs, drilling units, OSVs and fixed platforms. Written by a leading team at Stephenson Harwood, this book covers the entire construction process from initial concept right through to installation, at each stage commenting on typical contract terms and offering expert advice based on real-life examples. Key topics include:

  • Design risk
  • Changes to the work
  • Consequences of delay
  • Acceptance Tests
  • Termination
  • Dispute resolution

This unique text will be of enormous assistance both to legal practitioners and offshore construction professionals including project managers, financiers, insurers, and sub-contractors.

Table of Contents

1. Introduction: Evolution of Offshore Contracts  2. Tendering and Negotiating Contracts  3. Design Risk  4. Scope of Work and Interpretation of Contracts  5. Subcontractors and Vendors  6. Changes to the Work  7. Defects  8. Delay  9. Intellectual Property Rights  10. Acceptance and Delivery  11. Indemnity and Limitation of Liability Clauses  12. Allocation of Risk  13. Termination and Step-In Rights  14. Insurance  15. Force Majeure  16. Financial Guarantees  17. Carryover Agreements  18. Warranty Claims and Correction of Defects  19. Transportation and Installation  20. Dispute resolution Procedures

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Stuart Beadnall is a partner and leading specialist in shipping and energy at Stephenson Harwood, with particular expertise in dispute resolution and negotiating contracts relating to offshore oil and gas, shipbuilding, floating production and LNG/FLNG.

Simon Moore is a partner at Stephenson Harwood specialising in insurance, shipping and general commercial litigation with a particular focus on disputes in the maritime and offshore oil and gas industries.