Posts by Tom
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Argentina’s shale gas revolution
Co-authored with Sophie Shiffman Argentina boasts the third-largest shale gas reserves in the world behind the US and China, with much of it located in the western province of Neuquén. Until recently, investment into the South American country’s shale gas reserves was underwhelming, largely due to the constant government intervention in industry and restrictive currency controls. Nationalisation last year of the majority stake in the Argentine oil firm YPF held by Spain’s Repsol did little to enhance Argentina’s shale revolution reputation amongst international investors either, with many analysts predicting a partial withdrawal of local-based...
The Oil & Gas Industry: A Litigator’s Perspective
The biggest headline incident to befall the offshore energy industry in recent years is without a doubt the Macondo blowout on 20 April 2010. However, that is not to say that the industry has not suffered other large losses, which include the sinking of the Aban Pearl in May 2010 and the FPSO “Gryphon” casualty in Feb 2011 to name but a few. Thankfully, incidents such as these do not occur every year, but history tells us that as we continue to explore ever deeper and technically challenging, remoter waters, the inherent risks of so doing (and the effects of any incident that might occur) invariably increase which in turn will have an impact on...
Maitland Review update
Following the Deepwater Horizon blowout in April 2010, Department of Energy and Climate Change (DECC) Secretary of State, Chris Huhne, commissioned an independent review on 14 June 2010 into the regulatory regime concerning the safety and environmental control of oil and gas exploration in the UK. That review, lead by Professor Geoffrey Maitland of Imperial College, London, was completed in December 2011. Whilst notably praising the strength and rigour of the UK’s offshore oil and gas safety and environmental protection regime, the report also highlighted the importance of not becoming complacent and making continuous improvements to raise standards further,...
Vicarious liability for Jones Act employers – An industry update
Industry update courtesy of Le Blanc Bland. AMANDA BEECH v. HERCULES DRILLING COMPANY, L.L.C., We want to share an important decision issued by the Fifth Circuit Court of Appeals affecting vicarious liability for Jones Act employers, in which we served as counsel for Hercules Offshore. Hercules Offshore appealed a decision from the United States District Court for the Eastern District of Louisiana holding Hercules vicariously liable for the tragic death of one of its employees, Keith Beech, on the grounds that his co-employee was acting in the course and scope of his employment when he accidentally shot Mr. Beech. In essence, the Fifth Circuit held that, in order for a...
Clyde & Co Shipping newsletter – October 2012
Expert legal advice in uncertain waters Written by legal experts, Clyde & Co’s Shipping Newsletter is a regular publication in which recent developments are reviewed: new case law, changing legislation and new areas of potential liability. “Clyde & Co – a cutting edge law firm with ‘an established reputation as one of the leading international shipping practices’.” Chambers Clyde & Co Shipping newsletter – October...
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