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Energy & Natural Resources


“known for its skilful handling of upstream and midstream oil and gas matters”

(Chambers & Partners 2015)

 

Members of 7KBW have considerable expertise in oil and gas trading, exploration and exploitation disputes. Members also have a deep understanding of the issues which arise out of the sale, construction, financing, operation and insurance of offshore structures.  These include pipelines, cables, refineries, petrochemical plants, power stations, drill ships, FPSOs and many different types of drilling rigs.  Much of the work involves multi-jurisdictional litigation.

Areas covered include (but are not limited to):

  • Carbon Credits
  • Contracts (sale of oil, gas and coal)
  • Drill ships
  • Drilling rigs
  • Environmental issues
  • Exploration and exploitation agreements
  • Licensing of oil and gas fields
  • Mining disputes
  • Oil and Gas (upstream, midstream and downstream)
  • Pipeline disputes
  • Pollution
  • Power stations
  • Processing and production plants

 

Some of the leading energy cases dealt with by members of 7KBW include:

PST Energy 7 Shipping LLC v. O.W. Bunker Malta [2016] UKSC 23 – sale of marine fuels, described by Lloyd’s List as “the most spectacular shipping legal imbroglio so far this century”.

Excalibur Ventures v Texas Keystone Inc and Ors [2013] EWHC 2767 (Comm) – this case was  monumental, described by the trial judge as “gargantuan in scope”.

Buncefield litigation – One of the largest explosions in peacetime England that resulted in extensive damage and injuries to property in the area. One of the largest ever judgments given in the House of Lords.

Metro litigation – Litigation that arose out of the collapse in 1998 of metro Trading International (MIT) and Metro Oil Corporation (MOC)

Members are also acting for 4 defendants in one of the largest cases currently set down in the Commercial Court, the SBM MOPUSTOR litigation, concerning the decommissioning of an oil rig in the North Sea. Seven members have also been instructed in relation to the South Stream gas pipeline (linking Russia and Europe).

 

7KBW is a “highly regarded set and rightly so as it has many stars” – Legal 500 2015

“The premier set for energy-related insurance disputes” – Legal 500 2015

 

Latest Energy & Natural Resources News

Petrosaudi Oil Services (Venezuela) Ltd v Novo Banco S.A. & Others

[2017] EWCA Civ 9 This is a case in which the Court of Appeal has reaffirmed the autonomy of a letter of credit, and its independence from the underlying transaction to which it stood as security. The claimants Petrosaudi entered into a drilling contract with PDVSA for the performance of drilling services in Venezuela. The […]

January 26, 2017

Excalibur Ventures v Texas Keystone & Ors.

[2016] EWCA Civ 1144 The Court of Appeal has dismissed the costs appeal by the litigation funders in Excalibur Ventures v Texas Keystone & Ors. The Claimant, Excalibur, was a shell company with no assets that pursued the Respondents for a share in a oil exploration block in Kurdistan, which Excalibur valued at US$1.6 billion. […]

November 18, 2016

7KBW is ranked a leading set in Chambers and Partners 2017

Chambers and Partners 2017, has listed 7KBW as a leading set.  Our client service has been especially noted with recommendations from clients saying “the clerks at 7KBW make such a difference: they provide a committed and excellent service and are a credit to the chambers”, and instructing solicitors flock to 7KBW because of its winning “combination […]

November 8, 2016