Sector Overview
Companies operating in this sector, from exploration companies to support services providers, need operational licenses differing based on their position within this sector's long value chain.
Supply and services contracts in this sector carry conventions specific to safety standards and incident liability, and need careful drafting reflecting these sector conventions.
Regulatory Framework
This sector falls under specialized operational and environmental regulations issued by relevant sector regulatory bodies for this specific activity.
How We Work With This Sector
We identify a company's position within the sector chain, exploration or production or support services, to determine the licenses and regulatory requirements applied to it specifically.
Who We Work With in This Sector
Exploration and production companies needing their operational and environmental licenses reviewed.
Support services companies needing supply contracts drafted accounting for this sector's safety conventions.
We notice that smaller support services companies in this sector struggle to understand the prequalification requirements major companies impose before accepting any supplier into their supply chain, requirements that go beyond a general commercial license to include safety and quality standards needing advance preparation that can take months before a company is even eligible to compete for a contract.
Related Services for This Sector
This connects directly with our energy, oil and gas law service.
For environmental compliance, this connects with our environmental and water law service.
Common Questions
Do licenses differ between exploration and production?
Yes, each stage carries different requirements, and we review this specifically based on your position in the sector chain.
Do you review services contracts for this sector?
Yes, and we draft them with attention to sector safety conventions and incident liability specific to this field.