The Norwegian petroleum business is the largest contributor to the national budget, and since the 1980s Kvale has been one of the leading Norwegian legal firms within this sector. We have been involved in most of the developments on the Norwegian continental shelf, from the opening of the Statfjord and Gullfaks fields up to the present day, and we have acted as legal representative in some of the biggest dispute cases within the sector. Kvale provides regulatory and contract-law assistance in relation to all phases of the petroleum business. The regulations and contracts are highly complex, and our sound industry-specific knowledge has provided a good foundation for building up our strong team within advisory services and dispute resolution for this sector.

Kvale’s oil and gas practice is recognised as top-tier in the Legal 500 guide. Their report states:

“Kvale Advokatfirma DA provides a ‘superb service’ in regard to regulatory work, where clients include DONG and Statoil. Yngve Bustnesli is ‘excellent’ on oil and gas contracts and has handled a number of asset transactions, including for Atlantic Petroleum Norge. Team head Jens Brede is an expert oil and gas litigator.” (Legal 500 2015)

 

We help companies in the petroleum industry with:

- Prequalification as licensee on the Norwegian continental shelf

- Guidance in relation to the requirements of the petroleum regulations and the licensing system (the cooperation agreement)

- The HSE regulations, including preparation of management systems to comply with the requirements of the regulations (compliance)

- Development agreements, seismic agreements, unitisation agreements, drilling contracts, rig hire agreements, insurance agreements, infrastructure access agreements, agreements on the sale and transport of oil and gas, agreements on the transfer of shareholdings in fields, and agreements on the removal of scrapped installations

- Dispute resolution in relation to the petroleum regulations and the various contracts used in the business