As the oil and gas industry deals with the impact of COVID-19 and the fall in oil prices, businesses operating in the UKCS will face similar challenges to those following the 2014 downturn, albeit with new dimensions, including complications presented by associated limitations on storage capacity.
In a blog post, law firm Brodies LLP considers the legal impact of the coronavirus on the sector, including the effects of new working arrangements, the implications of any force majeure provisions, insurance claims and the government’s Job Retention Scheme.
Read the full article on the Brodies website.
Share this article