The Norwegian petroleum sector is the largest contributor to the national budget, and since the 1980s Kvale has been one of the leading Norwegian law firms within this sector. We have been involved in most of the field developments on the Norwegian continental shelf (NCS), dating back to the opening of the Statfjord and Gullfaks fields up to the present day. We have acted as counsel in some of the biggest and most complex oil and gas disputes and transactions on the NCS.

The regulations and contracts are highly complex.  During the years we have been able to build up an unique industry sector knowledge, which has been a key factor for establishing our position as a leading and top ranked oil and gas law firm. We provide regulatory and contractual advice within the whole value chain, from establishing a company in Norway to exploration, development, production and up to cessation of the petroleum activities. Kvale’s oil and gas practice is recognised as top-tier by the Legal 500 guide. Their report states:

As ‘one of the leading firms in Norway on petroleum law’, Kvale Advokatfirma DA ‘stands out for its regulatory and litigation experience’; practice co-head Jens Brede is ‘the go-to guy for oil litigation’. Contract specialist Yngve Bustnesli and offshore construction expert Erik Brannsten also jointly lead the department.” (2019).

Our advice includes:

  • Prequalification as licensee on the NCS
  • Petroleum regulations with the appurtenant concession system (i.a. Petroleum Act with regulations, production licenses, joint operating agreements and accounting agreements etc.)
  • HSE regulations, including preparation of management systems to comply with the requirements under the regulations (compliance)
  • Construction  agreements, seismic agreements, tie-in 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 removal of disused offshore installations
  • Agreements on the transfer of participating interests in licenses and transfer of shares in companies holding petroleum licenses  including due diligence with preparation and negotiation of the applicable agreements and application to authorities
  • Dispute resolution in relation to the petroleum regulations and the various contracts used in the sector

Kvale also advises the participants in the petroleum sector within other areas of law, including tax law, employment and pension law and competition law.

News:

Articles:

“They are clearly one of the most well-known law firms when it comes to oil and gas” CHAMBERS 2017