This article provides a comprehensive and succinct review of the essentials needed to deal with the disputes encountered in the international energy sector. It begins with explaining the reasons why this sector has more disputes than any other business sector and then discusses how parties can effectively manage that risk. The article covers the kinds of disputes found in the international O&G business, the types of dispute resolution mechanisms available along with their respective advantages, and the legal framework for international arbitration. It explains how to properly draft dispute resolution clauses and what to consider in selecting counsel and in appointing arbitrators. A section is included that specifically deals with disputes involving governments. The article finishes with a discussion on the increasing time and cost of international arbitration and how to address those concerns.

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A. Timothy Martin