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Over a barrel: potential liabilities flowing from an oil well blowout

Overview

The Macondo oil spill in the Gulf of Mexico has provided an impetus for the re-evaluation of offshore drilling practices and regulation across the upstream energy industry – it’s impact is likely to be wide-ranging.

This briefing focuses on the legal aspects and potential exposures relating to a well blowout under applicable environmental legislation, the granting instrument, and related operating agreement, drawing on examples from the UK and Indonesia.

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