Salève Energy Partners has extensive experience in drafting, structuring, (re-) negotiating and administering many types agreements.  By working in a mature region such as the North Sea, it understands that each agreement is linked to many other agreements.  Being the ‘go-between’ between operations and legal is important.

Specific expertise on improving Misaligned Commercial Terms

• Commercial review of agreements.
• Drafting and structuring of agreements.
• Tracking of obligations in and administering of agreements, e.g. setting nominations.
• (Re-) negotiations of :
  • Gas Sales Agreements (GSA);
  • Terminal Agreements;
  • Joint Operating Agreements (JOA) and Accounting Procedures;
  • Unit Operating Agreements (UOA);
  • Transportation Agreements;
  • Gas Supply Agreements (GSA);
  • Transportation, Processing, and Operating Services Agreements (TPOSA);
  • Construction, Pre-commissioning and Tie-In Agreement (CTIA);
  • Pipeline Crossing Agreement;
  • Third Party Access Agreements (pipeline, terminal) (TPA);
  • Decommissioning Securities Agreement (DSA);
• Summary of the commercial aspects of agreements and reporting their impact.
• Collating comments from different disciplines into agreements.
• (Commercial) risk analysis.