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Offshore Development

The Law of the Sea and Its Effects On Offshore Mining

The Law of the Sea and Its Effects On Offshore Mining

The United Nations Convention on the Law of the Sea — the US military backs it, the oil industry loves it, and Senators Murkowski and Begich support it. Hell, even the environmentalists are behind this piece of legislation. So why won’t Congress ratify this treaty and put this issue to bed? Despite the majority of […]
Indemnity Agreements in Offshore Oil and Gas Contracts

The Importance of Indemnity Agreements in Offshore Oil and Gas Contracts

It’s a story many Alaskan businesses are familiar with. The large, multi-national company pushes a service contract onto the small, Alaskan owned and operated company with the simple undertone of: “Hey, you want to do business with us, sign the bottom line.” However, buried in these contracts is always an “Indemnity Clause.” These clauses are […]
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