Hearings
England & Wales
17 May 2021 [2021] EWHC 1283 (Comm); [2021] 4 WLR 85; [2021] WLR(D) 291, QBD (Charles Hollander QC sitting as a deputy High Court judge)
17 May 2021 [2021] EWHC 1283 (Comm); [2021] 4 WLR 85; [2021] WLR(D) 291, QBD (Charles Hollander QC sitting as a deputy High Court judge)
MINES — Petroleum and natural gas — Petroleum exploration and development licence — Licence in hydrocarbon-producing fields sold by defendant to claimant — Claimant agreeing to indemnify defendant for decommissioning-related expenditure imposed by Secretary of State under statute — Secretary of State prior to sale issuing notices under statute in relation to fields — Whether additional wells constructed years after sale falling within notices — Whether fields “offshore installation” and therefore covered by notices — Whether additional wells “offshore installation” — Effect of wells being constructed after notices sent — Whether claimant required to provide security to cover additional wells — Petroleum Act 1998 (c 17), ss 29, 34(1)(b), 44
[2021] EWHC 1283 (Comm); [2021] 4 WLR 85; [2021] WLR(D) 291, QBD
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