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Oil & Gas: Force Majeure in model clauses

19/03/2020

The recent outbreak of COVID-19 coupled with a sudden and dramatic drop in the oil price has already begun to test the operation and efficacy of force majeure (“FM”) provisions in oil and gas industry contracts. For example, a force majeure provision was invoked...

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Authors

Portrait ofValerie Allan
Valerie Allan
Partner
Aberdeen
Portrait ofNorman Wisely
Norman Wisely
Office Managing Partner
Aberdeen
Portrait ofPhillip Ashley
Phillip Ashley
Partner
London
Andrew Shaw
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