Loading...
 
 

A report on knock-for-knock indemnities in the Oil & Gas industry IACCM September

Published: 15 Jun 2016 Average Rating: 4 / 5 Print
 

Author: IACCM

Early in 2015, the topic of knock-for-knock was the subject of a panel discussion at an oil and gas industry conference. It became apparent that different companies followed different approaches to the use of knock-for-knock and indeed, that practices varied even within a company. This finding was confirmed during conversations with several corporate members of IACCM, where it became evident that in some cases there was no specific corporate policy, or that central resources were not always aware of local practices.

 

This content is only available to members.

Register Now   Sign In
 

Related Discussions

Please sign in or register to post on this forum

Occidental Petroleum Corporation
2019-02-12 17:17:02

Cloud Contracting

I am interested in perspectives on various issues and contracting approaches for the use of cloud services, particularly from niche providers who may, in-turn, actuall...
 
 
 
Replies: 2
Anonymous
2019-01-03 10:38:17

ADVICE NEEDED: difficult contract management position - customer & shareholder contracts

Hi, My company outsources key services to another company (Company X). However, we also own a portion of Company X as it was set up as a joint venture. I am the contr...
 
 
 
 
Replies: 3

-
2016-09-12 11:46:35

Extension of Time and Liquidated Damages on construction contracts

If there are concurrent delay events on a construction project by Employer as well as Contractor,can the contract provision on EOT(Extension of Time) and Liquidated da...
 
 
 
Replies: 2

Multiplex Services
2018-07-19 06:47:37

Change Order Process for Service Contract

Hi, We are in the process of executing a service agreement with a client. The contract which is a new project has the ability to expand with various contract variation...
 
 
 
 
 
 
Replies: 5

CGCL
2018-05-15 13:47:24

Terminating a Contract

We have a contractor for a service and we are looking to part ways with the vendor. The contractor has emailed us and said they are no longer interested in performing ...
 
 
 
 
 
 
 
 
 
Replies: 8
Anonymous
2017-08-23 09:33:18

CLAIMING FOR WILLFUL MISCONDUCT

Dear House, How can a Party demonstrate WILLFUL MISCONDUCT of the other (defaulting) Party. What are the evidences required to make recovery for damages accruing from ...
 
 
 
Replies: 2

ATCO Electric
2019-09-10 14:54:12

Acceleration Claims Vs Delay Backcharges

Did someone face a situation for a construction contract, when contract has submitted claims for delays from Owner and acceleration efforts, and on the other hand Owne...
 
 
 
Replies: 2