The decade-long impact of Mozambique delays continues
force majeure
Posted inDRILLING & PRODUCTION
Libya’s oil blockade is expected to persist further, shrinking upcoming global production glut by 65%
The oil blockade is entering its seventh month, with oil output hovering at 100,000 barrels per day
Posted inDRILLING & PRODUCTION
Libya declares force majeure on Sharara oil field once again
The national oil company had resumed productiton only three days prior
Posted inDRILLING & PRODUCTION
Libyan production has dropped to 123,000 bpd: NOC
Production has plummeted from 1.2mbpd just before the blockade, which began on 18 Jan 2020
Posted inDRILLING & PRODUCTION
Defining force majeure in Saudi Arabia following Abqaiq attacks
DWF partners Kayaan Unwalla and Slava Kiryushin say the recent shut down of production at Abqaiq and Khurais facilities due to weaponised Unmanned Aerial Vehicle (“UAV”) drone attacks, again raises issues of applicability of force majeure to all stakeholders affected by the diminished production.
Posted inDRILLING & PRODUCTION
Performing contracts during unrest in Iraq
Randall Walker, Malek Takieddine and Slava Kiryushin, of international law firm CMS, put force majeure in perspective following protests in Basra
Posted inNews
Force Majeure still in place at Libyan ports
It is unclear when the ports will be ready to resume exports