Contractors’ pollution risk gets dirty


OEdigital.com has published an article written by Wikborg Rein's Senior Lawyer Torgeir Willumsen.  

"Analyses foresee 2015 as being the toughest year for drilling companies since 2009. On the back of falling oil prices, contractors are facing increased pressure as operators shift risks and liabilities, often in contradiction with entrenched industry-accepted allocations. Offshore contracts are changing and contractors need to adapt with respect to implementing new legal structures and insurance coverage."