In the oil and gas industry, contracts are fundamental to business relationships, defining the terms under which operations are conducted. The standard contracts used vary depending on the country where the project is taking place. Hence, the type of contract used may be decisive for the risk exposure assumed by the parties.

The European trade association Orgalim, which represents Europe’s engineering and technology industries, has been in the forefront of recognising the ongoing need for the development of standard conditions for the supply and installation of products. This is essential for global sale and purchase of mechanical and electrical products generally but also within the shipping and offshore sector. The latest revision of the Orgalim SI standard terms is the Orgalim SI 2024, which was recently published in English.

The Norwegian Water Resources and Energy Directorate (NVE) has completed a strategic impact assessment of three of the 20 offshore areas identified as potential sites for offshore wind development in Norway. NVE recommends to increase capacity in the Vestavind F area, to open a new project area in Sørvest F, and to defer any developments in Vestavind B for the time being.

In aviation and other sectors, equipment leasing has long been a recognised tool for companies looking to finance expensive items of equipment. Whilst to date equipment leasing has been less visible in the shipping industry, we are now seeing an increased interest in this type of financing from both shipowners and equipment lessors. However, leasing arrangements do include some inherent risks which the parties should seek to mitigate.

With its history and extensive experience with CO2 management as an oil and gas nation, Norway is a leading country in building a new CCS value chain in the fight against climate change.

Mainland China has become the largest offshore wind market in the world. An overall industry chain has been established which encompasses complete offshore wind installation and operation, as well as maintenance and spare parts manufacturing, presenting an attractive market for both domestic and foreign companies.

According to the report “Climate Change 2022: Mitigation of Climate Change”, published 4 April 2022, carbon capture and storage (CCS) is essential in order to reduce carbon dioxide (CO2) emissions and reach the climate goals. When establishing an international value chain for CCS, the industry will have to work within the international rules and framework. This article focuses on the restrictions on export of CO2 in the “London Dumping Regime”, especially the London Protocol.

Fiskeri og havbruk

Karbonfangst og -lagring (CCS)

Kina

Kontraktsrett og entreprise

Resirkulering av skip og rigger

Shipping

Shipping Offshore

Partner

Christian er partner i Shipping Offshore-gruppen og leder Wikborg Reins arbeid med New Energy Ventures fra Bergen og Stavanger. Han er også ansvarlig partner for Wikborg Reins avdeling for supply og oljeservice. Christian har mer enn 22 års erfaring fra olje- og gassektoren.

Han har særlig lang og bred erfaring med borekontrakter, supplykontrakter samt skipsbygging og offshoreprosjekter. Denne omfattende kontrakts- og prosjektkompetansen har gitt ham en unik posisjon både som strategisk rådgiver og innen nye energiprosjekter, hvor han har vært ledende advokat i flere bransjeinitiativer. Han har også betydelig erfaring innen CO₂-transport og lagringsprosjekter.

Christian var Managing Partner ved Wikborg Reins Shanghai-kontor fra 2016 til 2019, og har omfattende erfaring med grensekryssende kontrakter og investeringsspørsmål.

Christian er rangert som anbefalt advokat av Legal 500, og har mottatt følgende klientuttalelse:

"I have recently worked a lot with partner Christian James-Olsen and associate Jens Drageset. Both provide quick, quality feedback. They are able to convey legal perspectives in a simple, understandable and case efficient manner. They are always available. Even after working long hours, they are in a good mood, and we always find a way forward", Legal 500.

Bergen

{"title":{"title":"Christian James-Olsen | Wikborg Rein"}}

Christian er leder for Wikborg Reins Renewables Energy-gruppe i Bergen. Han arbeider primært med prosjektutviklingsarbeid og kontraktsrådgivning innen skipsfart, offshore og energiindustri.