Karl Erik Navestad
Phone: +47 23 89 40 00
Mobile: +47 98 29 45 66
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With one of Norway’s strongest team of lawyers in the oil and gas sector, we have a unique understanding of the industry. Our expertise also benefits our clients in the offshore, oil service and shipping sectors.
We have worked closely with the oil industry for over 40 years. We know the Norwegian continental shelf, we know the environment and frameworks that suppliers must comply with, and we know their clients – the oil companies.
As a large law firm, we have the breadth to provide assistance with any challenges encountered by the supplier industry, from establishing companies and structuring ownership, through financing and production of equipment and devices, to operations and cooperation with operator companies.
We are the preferred legal advisor for flagship suppliers within their sectors, such as the seismic company Shearwater GeoServices. We advise Teekay Petrojarl on their FPSO operations and assisted Teekay Corp. with its acquisition of Sevan Marine. We assist several rig and vessel owners regarding tax and company law issues. We regularly assist yards and offshore contractors and we were advisor to Single Buoy Moorings (SBM) in the Yme case, one of the largest and most complex construction disputes on the Norwegian continental shelf ever. In all these cases, our long experience assisting the triangle of oil companies–suppliers–governmental authorities has given us a competitive advantage.
We provide assistance with supplier contracts, rig contracts, total delivery and fabrication contracts (including NF and NTK standards), FPSO projects, LNG projects, LNG shipping, terminal and pipeline projects and refinery projects. We often participate directly in the construction projects, often within the clients' organizations. We have extensive experience with assistance in disputes in such projects, both with mediation, court disputes and arbitration. We also advise on financing solutions and company structures for the projects.