UKELG Event: FPSOs – use, disputes and contractual variations

Wednesday, 12 September 

Quadrant Chambers is hosting the next UK Energy Lawyers Group Event. The UKELG is a sub committee for the IBA. To find out more about the UKELG - click here.

Quadrant Chambers
10 Fleet St 
London EC4Y 1AU

18:00 Registration
18:30 Talk commences
19:30 Networking drinks

The topic for this session, which will be jointly presented by Quadrant Chambers and Bracewell (UK) LLP, is FPSOs – use, disputes and contractual variations. Martin Stewart-Smith and John Gilbert of Bracewell will discuss the use of FPSOs, their financing, the structures used to own and operate them and the significant potential for disputes relating to them. Simon Rainey QC and Chris Smith of Quadrant Chambers will talk about the importance of the contractual variation regime in contracts for the conversion and refurbishment of FPSOs, and identify the pitfalls from the buyer and yard’s perspectives in this context, as well as potential safeguards that can be built into the contract.


For any further information or assistance, please email

Simon Rainey QC is one of the best-known and most highly regarded practitioners at the Commercial Bar with a high reputation for his intellect and advocacy skills. He is regularly involved in high value complex energy disputes and is ranked by Chambers UK in Band 1 for Energy & Natural Resources – ‘Exceptional for really complex energy cases, his particular skill lies in reducing the complicated to the elegantly simple.’

> view Simon's full profile

Chris Smith has a substantial energy practice and is frequently instructed in relation to disputes in both the offshore and onshore sectors. Chris is recommended as a leading barrister for energy and for shipping & commodities. ‘He has a razor-sharp mind and is very thorough. He comes up with brilliant arguments and gets great results.’

> view Chris's full profile

Martin Stewart-Smith is a partner in the London office with 30 years of experience in a wide range of energy transactions, ranging from upstream oil and gas developments to liquefied natural gas (LNG) project financings and downstream gas commercialisation.

> view Martin's full profile

John Gilbert is a partner in the international dispute resolution team who advises on a broad range of disputes relating to the energy sector with particular experience of oil and gas exploration and production.

> view John's full profile