Oil Drilling Legal Expert Opens Consultancy, Publishes

Press Release
Tuesday, May 22, 2012

Drilling contract expert Cary A. Moomjian, Jr.  opens consulting firm, questions Deepwater Horizon contractual indemnities, writes on 'Historical Contract Development and Macondo Indemnities',

For over 35 years, Mr. Moomjian served in senior legal and commercial positions in the contract drilling industry, over half of which was as VP and General Counsel for two major drilling companies (Ensco and Santa Fe). His expertise includes domestic and international legal, contractual, commercial, and risk management matters including drilling and oil service contracts, joint venture relationships, shipyard rig construction projects, financings, mergers, and acquisitions as well as crisis response management. Mr. Moomjian also has substantial experience in dispute resolution and litigation management.

Mr. Moomjian recently authored an article titled “Drilling Contract Historical Development and Future Trends Post-Macondo: Reflections on a 35 Year Industry Career” which was published in summary form in the May-June 2012 edition of Drilling Contractor magazine. The article, which examines the development of drilling contracts and discusses future trends post-Macondo, constitutes the world’s most authoritative historical review of drilling contracts.

Perhaps the most intriguing aspect of the article is a critique of the recent summary judgment rulings in the ongoing litigation between BP and Transocean relating to the Macondo well blowout, rig fire, and oil spill. Commenting on the rulings that interpret the indemnity provisions in the Deepwater Horizon drilling contract, Mr. Moomjian expresses the opinion that “there are certain significant aspects of the governing contractual verbiage which may prove to be outcome determinative that were not addressed in the motions, the associated briefs, or the Court’s order.”

A link to the article and additional information regarding Mr. Moomjian’s new business activities are available on the CAM OilServ Advisors LLC website at http://www.camoilserv.com .
 


 


 

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Exxon: U.S. to Allow Wind Down Ops in Russian Arctic

U.S. oil major Exxon Mobil said on Friday the U.S. Treasury Department granted it a license to wind down operations on a drilling well in the Kara Sea in the Russian Arctic.

Sulzer Shareholder has 5 pct Dresser-Rand Stake

Russian billionaire Viktor Vekselberg's Swiss investment firm Renova Group said on Friday it had a 4.99 percent stake in U.S.-based Dresser-Rand, which might become the object of a takeover battle.

Russia: Exxon Still Drilling in its Arctic

ExxonMobil is still drilling in the Russian Arctic, a Russian minister said on Friday, in move that if confirmed will anger Washington after the U.S. administration

Offshore

Exxon: U.S. to Allow Wind Down Ops in Russian Arctic

U.S. oil major Exxon Mobil said on Friday the U.S. Treasury Department granted it a license to wind down operations on a drilling well in the Kara Sea in the Russian Arctic.

Russia: Exxon Still Drilling in its Arctic

ExxonMobil is still drilling in the Russian Arctic, a Russian minister said on Friday, in move that if confirmed will anger Washington after the U.S. administration

MAN-Powered Cargo Vessel Meets Tier III

Classification society awards SCR system emissions certificate. MAN Diesel & Turbo has been awarded a Tier III - compatibility certificate by the DNV- GL classification

Energy

Dann Marine Repowers With Cummins Tier 3 Engines

Dann Marine Towing, LC., is a fifth generation family owned and operated tugboat company based in Chesapeake City, MD. The model-bow twin-screw tug Sea Coast was

Exxon: U.S. to Allow Wind Down Ops in Russian Arctic

U.S. oil major Exxon Mobil said on Friday the U.S. Treasury Department granted it a license to wind down operations on a drilling well in the Kara Sea in the Russian Arctic.

Sulzer Shareholder has 5 pct Dresser-Rand Stake

Russian billionaire Viktor Vekselberg's Swiss investment firm Renova Group said on Friday it had a 4.99 percent stake in U.S.-based Dresser-Rand, which might become the object of a takeover battle.

People in the News

Dann Marine Repowers With Cummins Tier 3 Engines

Dann Marine Towing, LC., is a fifth generation family owned and operated tugboat company based in Chesapeake City, MD. The model-bow twin-screw tug Sea Coast was

Source: Siemens Offering $6.1 bln for Dresser Rand

Germany's Siemens plans to offer more than $6.1 billion, or $80 per share, for U.S. compressor and turbine maker Dresser-Rand, Germany's Manager Magazin said on Friday.

Exxon, Rosneft May Halt Arctic Operations

Russia's natural resources minister said on Friday that it was highly likely that U.S. oil major Exxon Mobil Corp and its Russian counterpart Rosneft had halted

Consulting

Livingston Appoint Candace Sider V-P Regulatory, Canada

Customs brokerage and trade compliance advisors, Livingston, say that to better reflect the company’s integral role in regulatory affairs for its clients, Livingston

ZeoGas hires Foster Wheeler to Plan Gulf Coast Project

Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has entered into a Collaboration Agreement with ZeoGas LLC.

Leading Shipping Equity Analyst Joins Clarkson Capital Markets

Clarkson Capital Markets, the investment banking arm of shipping services group Clarkson PLC,  says it has enhanced its equity research coverage with the appointment

 
 
Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2133 sec (5 req/sec)