Construction & Engineering Update - Autumn 2016

    View Authors Autumn 2016

    Indemnities in Offshore Construction Projects – Do Not Be Shocked by Knock for Knock.”

    Offshore construction projects, especially those in the oil and gas sector, present a very different risk profile compared to works carried out onshore. As such, the contract provisions which apportion the risks in offshore projects can be unfamiliar territory to those experienced in onshore work.

    In this update, we consider the role of “knock for knock” indemnities in offshore projects and how these represent a change in the balancing of risks when compared to onshore construction contracts.