Richard Southern QC and Richard Sarll of 7KBW have prepared a bulletin on COVID-19 and the oil market, which considers the recovery of hedging losses. Members of 7KBW intend to produce bulletins on various topics affecting the oil industry at regular intervals over the coming months.

Members of 7KBW have extensive experience of the oil industry, and of the difficult issues clients will face in the coming months, including in relation to:

Oil and gas trading

Derivatives

Tanker Chartering

Oil production

Construction of offshore installations and pipelines

Delay in start up insurance

Chartering of offshore supply vessels

Project cargoes