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Dubai: On the occasion of ADIPEC 2019, EMAC has taken the opportunity to deliver a seminar that looks at “Oil & Gas disputes - Past, Present and Future’ on Tuesday 12 November in collaboration with the Abu Dhabi Chamber of Commerce & Industry in Abu Dhabi.
Oil & Gas disputes are often complex, cross border and multi-jurisdictional. To add to these complexities is the integration of new technologies that are moving at a development pace regulators are challenged in keeping up with. How this works proactively and retroactively is what the panelists, Joseph Campbell, General Counsel, Legal, Governance and Compliance Division at ADNOC, Alex Bevan, Partner at Shearman & Sterling and Kagan Aktas, Partner at Secretariat International was put forward to a well attended event.
Highlighted as part of the discussion was how the complexity of Oil & Gas disputes has changed over time; the different legal instruments available to deal with such disputes and approaches that need to be considered in keeping with technological developments.
“In order for the Oil & Gas industry to manage dispute processes efficiently, EMAC will continue to seek opportunities that deliver informative presentations that are insightful and practical”, said Mr. Majid Obaid bin Bashir, Chairman and Secretary General, EMAC. “This is EMAC’s way of staying connected and engaged with the industry’, he continued.
A week following ADIPEC, EMAC will open Dubai Arbitration Week on 17th November with a topic that looks at the landscape of arbitration in the UAE and how businesses can use the efficiencies of arbitration to cut back on the cost of alternative dispute resolution.
To learn more about the topics or to register your interest visit www.emac.org.ae or email info@emac.org.ae.
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About Emirates Maritime Arbitration Centre (EMAC):
Emirates Maritime Arbitration Centre (EMAC) was established in accordance with Emiri decree No. 14/2016 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, in April 2016, with a formal launch of its services in November of the same year. Initially based out of Dubai International Financial Centre (DIFC), EMAC has its own legal identity and is financially and administratively independent.
EMAC was launched in response to the region’s growing maritime activity, the UAE’s ambitions to develop into the world’s largest maritime hub in the world by 2025, and the belief in the efficiency of the arbitration process. The first specialised maritime arbitration centre to be established in the MENA region, EMAC aims to position the UAE as a centre of excellence for maritime arbitration, adhering to best practice in line with international standards.
Impartial and transparent, EMAC works with organisations across the region, providing services for resolving maritime disputes - through arbitration, mediation and other dispute resolution processes. EMAC’s rules are built on the most up to date internationally recognised arbitration and mediation rules - they allow for emergency arbitration and fast-track arbitration, to meet market demand and address the sector’s need for fast and efficient dispute resolution.
By establishing a trusted global standard for maritime arbitration services in the UAE, EMAC aims to continue to promote awareness of local, regional and international dispute resolution best practices, and to further support the UAE as it develops into a world-renowned maritime destination.
For any further information, please contact:
Reka Sepsy
Aurora ‘The Agency’
+971 (0) 55 220 6820
reka@auroraadvertising.ae
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