Schjodt London has a leading team of lawyers specialising in oil, gas and shipping. They advise on a wide range of projects and disputes.
The firm is internationally recognised and respected as one of Scandinavia’s top tier law firms. It combines legal excellence with commercial skills, a commitment to service and innovative solutions for its clients.
Oil & Gas
The oil and gas industry is broken into three main segments: upstream (exploration and production), midstream (transportation from wells to refineries) and downstream (refining and sale). E&P companies are responsible for finding reservoirs, drilling wells and producing the hydrocarbons they extract. Those companies also contract for services from well-servicing, drillers and other companies that provide equipment and services to support oil and gas extraction.
During the process of production, petroleum is turned into usable products such as gasoline and natural gas. These products can be sold to consumers or used in a variety of industrial applications. The industry also generates greenhouse gases and other pollution that can have harmful effects on the environment.
There are also a number of regulatory and policy issues facing the oil and gas industry. For example, the Environmental Protection Agency regulates oil and gas operations to protect public health and the environment. The Federal Energy Regulatory Commission oversees the interstate transportation of oil and gas.
Although the energy market has been volatile in recent years, oil prices are expected to remain stable for the foreseeable future. This makes it important for E&P companies to be mindful of the risks and implications that a shift in the energy landscape poses for their businesses.
As an international law firm, Schjodt London offers a full range of legal advice in relation to the energy industry. Its team consists of over 300 lawyers who are recognised as leading specialists in their fields and with strong commercial skills, a commitment to service and innovative solutions to meet clients’ needs.
The London office provides legal advice to both Scandinavian and international clients on corporate acquisitions, debt and equity finance and projects and disputes in the shipping and offshore sectors. In addition, it has a strong expertise in developing areas of offshore practice such as LNG, floating production and renewables.
Offshore
Offshore oil and gas is a vast industry, covering waters from half of the world’s nations. It involves a wide range of technology, from meteorology and naval architecture to mooring and anchoring techniques, buoyancy, stability and trim.
Offshore energy plays a crucial role in ensuring a stable supply of fossil fuels to power the world’s economy. However, offshore operations also require a lot of safety measures. The 2010 Deepwater Horizon disaster in the Gulf of Mexico is a prime example of this.
The drilling process begins with a rig, a platform that can be moved or lifted out of the water to reach the ocean’s floor. The rig lowers a drill string, a series of pipes designed to find and explore oil and gas deposits. This carries drilling fluids and other equipment down to the seafloor.
Once a well is found, oil and gas is extracted. It is then pulled from the well and transported through a manifold and pipeline system to a production platform. This can be a single platform that services multiple wells or a network of platforms strategically located to service an entire area of ocean.
Schjodt London’s international corporate finance team advises on a broad range of domestic and cross-border transactions in the shipping, energy and renewables sectors. The team has extensive experience of advising on a wide variety of structured asset backed and project financings, in addition to acting as lead advisors on a broad range of UK-domestic and international corporate, commercial and M&A transactions.
Schjodt London’s international dispute resolution team has an enviable track record of handling large and complex disputes in the English courts, arbitration, mediation and other alternative forums. The firm’s Trade and Commodities Practice Group has experienced partners who have regularly handled high value claims arising from a wide range of commodities transactions, including major oil and gas traders.
Commodities
Commodities are essential parts of the global economy and play a large role in our everyday lives. They’re also an important asset class for investors – particularly those who want to diversify their portfolios and hedge against inflation.
There are many ways to invest in commodities, and the most common is through futures contracts. These involve a supplier selling a commodity to an individual or business who then agrees to buy it at a fixed price in the future.
The supply and demand for commodities are determined by a variety of factors, including weather patterns, wars, natural disasters, and industrial production. These factors affect prices throughout the world, meaning that a change in supply or demand from one region will affect prices in all areas of the market.
A commodity is a type of basic good that is produced uniformly, such as a barrel of oil or a bushel of wheat. There’s no difference between the quality or features of these goods, even if they come from different producers.
Traders split commodities into three broad categories: metals, energy, and agricultural. Agricultural commodities include the crops and plant products that people use every day, such as corn, wheat, and cotton.
Energy commodities include the raw materials used to create fuels, such as oil and gas. They are mined, extracted or pumped out of the ground, and can impact the world’s economic growth.
Unlike stocks and bonds, which are primarily driven by supply and demand, commodity prices often change in cyclical fashion. These prices are typically higher during booming economies and lower during recessions. Nevertheless, they’re still considered an asset class with the potential to grow over time.
Banking & Finance
Banking & Finance is a global industry with thousands of institutions and investment houses around the world dealing with money circulation, credit, investments, financing and superannuation. It is a fascinating subject which can open up a variety of career opportunities including within financial markets, banking and broking, consulting, funds management, insurance and superannuation.
The practice of banking involves the provision of loans to individuals, businesses and governments. It is a service that has been around for hundreds of years and is still a major player in the world economy today.
Banks operate as a financial intermediary between people who want to keep their money safe and those who want to borrow it. They offer a variety of services to their customers and are regulated by the laws and central banks in individual countries.
A number of different types of banks exist including universal and cooperative banks. The latter, known as co-operative banks, are primarily owned by the people who use their services.
In general, all banks provide banking and loan services to the public by accepting deposits from individuals and businesses and providing loans to them in exchange for interest on those deposits. Some banks may also offer other services such as checking accounts, ATM cards, mobile banking and short code charges.
Fredrik specialises in debt finance transactions and debt restructurings for banks, corporate borrowers, real estate companies and private equity sponsors. He has extensive experience of advising on domestic and cross-border debt finance facilities (both senior and subordinated), acquisition finance, real estate financings and refinancings as well as debt workouts and financial restructurings in both pre- and post-insolvency situations.
Schjodt London is a leading practice delivering innovative English law advice to international and Scandinavian clients operating in all major industrial sectors. Our expert teams and specialist practice areas provide the full spectrum of advice across all aspects of corporate, commercial and M&A work in England.
Capital Markets
Capital markets are an essential part of the world’s economy, enabling the flow of capital between investors and businesses that need funding to operate and grow. They are where long-term financial instruments are traded, such as stocks and bonds.
They’re also the place where businesses can find financing for their projects and growth opportunities, with reduced risk and expenses. In addition, they help channel resources to create a healthy and growing national and global economy.
There are many different types of capital markets, including stock, bond, and foreign exchange markets. These markets are often confused with each other, but they are all distinct and serve different purposes in the overall financial system.
A capital market is a type of financial market where shares, debentures, debt instruments, bonds, and ETFs are traded. Securities exchanged here are typically long-term investments with over a year lock-in period, whereas short-term investments are found in money markets.
The capital market also includes derivative markets such as options and futures, which are used to hedge against the risks of stocks and bonds. It’s important to understand all of these different aspects of the capital market so that you can make informed decisions and take advantage of this vital component of a healthy economic system.
At Schjodt London, we advise a large number of international clients on an ongoing basis in capital markets, both in regulatory work and traditional banking and finance. Our team also has extensive experience in debt and equity capital markets transactions, both domestic and international.
Our practice leader, Erling Ueland, focuses on M&A, corporate finance, and securities law. He also has significant experience in restructuring and insolvency issues, especially related to large-scale restructurings of companies and company groups.
