Norwegian Petroleum Law |
Common terms and phrases
1972 Decree sect According to sect activities apply arise assured Augdahl authority basis borrower's breach choice of law claim clause company law concerning Condeep connection consent contract costs covered creditors decision default discussion drilling duty Ekofisk Eurocurrency exclusion expenses exploitation exploration extent fact financing Frigg field further give granted installations insurable value joint assets joint ownership joint venture agreement lender liability licence area licensee limited limited liability partnership loss or damage management committee ment mentioned Ministry norm price normally Norpipe North Sea Norway Norwegian Continental Shelf Norwegian law obligations oil companies operator operator's owner Parliam participant's participating interest payment petroleum pipeline pipeline transport platform possible practice problems production licence provision question reason regard regulations relevant result risk royalty share situation Statfjord Statoil Storting strict liability subrogation third parties tion transfer transport vicarious liability