Kluge is one of Norway's leading oil and gas law firms, characterized by its thorough industry knowledge. The Oil & Gas team consists of first-class lawyers, most of them with in-house experience from both E&P companies and contractors. The team is present in Oslo, in energy hub Stavanger and in Bergen.
The green shift challenges traditional oil and gas companies to transform into energy companies, lowering their carbon emissions and investing in renewable energy sources. This development also affects the supplier industry. Electrification of the Norwegian continental shelf is high on the agenda in the political environment, as is the development of offshore wind; matters that require deep understanding of the traditional power sector, renewables and the petroleum sector. Kluge's Oil & Gas team therefore collaborates closely with Kluge's Renewable Energy team. Kluge further enjoys a first-rate position within petroleum taxation. The team works for a number of major oil companies both in terms of advisory services and tax-related litigation and has expertise that will be key in the transformation of the oil and gas industry in the years to come.
Kluge advices on a number of company and license transactions, a field within which Kluge has been one of the pioneers on the NCS, combining general transaction capabilities with extensive industry knowledge. As the team sees an increase in technology driven transactions in the supplier industry, Kluge's IPR team is regularly involved.
Kluge has extensive experience and an excellent track record in resolving oil and gas related disputes both in and outside the courts.
The Kluge Oil & Gas team collaborates closely with the Employment Law team, which has first class expertise within the laws, regulations and collective agreements that are unique to the oil and gas industry. Kluge is regularly advising on major consolidation and reorganization processes within the E&P sector.
The Kluge Oil & Gas team handles all upstream, mid-stream and downstream matters, such as
- Regulatory and legislative matters
- Joint operating agreements
- Unitization negotiations and agreements, redeterminations
- Tie-in, processing, transportation and terminalling agreements
- Projects (EPC / EPCI / SURF, Fabrication etc.)
- Rig, vessels, drilling & wells and operational tenders and agreements
- R&D agreements, IPR strategy and patent disputes
- Marketing and sale of oil and gas, standard terms such as EFET
- Dispute resolution and litigation, including price reviews
Kluge's in-house experience and cross-functional approach to the challenges faced by the industry secures a holistic approach, well suited for the increasingly complex regulatory surroundings and volatile market conditions.
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"The Kluge team is well balanced with expertise in all areas of oil and gas. Several of the lawyers have worked in-house themselves which is always a benefit to clients as they understand the relevant drivers from an in-house perspective."Legal 500: Oil and gas, 2020