Mr Yngve Bustnesli > Kvale Advokatfirma DA > Oslo, Norway > Lawyer Profile

Kvale Advokatfirma DA
HAAKON VIIS GATE 10
PO BOX 1752, VIKA
0122 OSLO
Norway

Work Department

Oil, gas and energy and building and construction.

Position

Mr Yngve Bustnesli has in-depth knowledge of the oil & gas industry, and is recognized as one of the leading Norwegian practitioners within petroleum law and offshore contracts. He has extensive experience with the various offshore contracts including seismic agreements, drilling contracts, rig hire and rig sharing agreements, tie-in agreements, licence transactions and due diligences, unitisations and redeterminations, third party access to infrastructures, gas sales contracts, decommissioning projects and the applicable petroleum legislation.

Career

2009 – Partner, Kvale; 2006 – 2009 Non-equity partner, Advokatfirma Selmer; 2004 – 2006 Senior associate, Advokatfirma Arntzen de Besche; 2001 – 2004 Associate, Advokatfirma Wikborg, Rein & Co; 2001 Trainee, CMS Cameron McKenna, London; 1999 Trainee, EU-Commission, Directorate- General for Energy; 1995 – 2001 Senior executive officer and advisor, Ministry of Petroleum and Energy1995Associate, Office of the City Advocate in Oslo

Languages

Norwegian and English

Memberships

Norwegian Bar Association.

Education

2001 Degree in English Law, College of Law, London; 1994 Cand.jur., University of Oslo

Lawyer Rankings

Norway > Oil and gas

Well known for its strength in regulatory issues‘, Kvale Advokatfirma DA is also experienced in contentious proceedings, particularly in relation to petroleum activities on the Norwegian continental shelf. The practice is also instructed on transactional and contractual matters, notably recently advising a major oil company in connection with the sale of the entire ExxonMobil portfolio in Norway. Bolstered by the addition of FPSO project specialist Gry Bratvold from Advokatfirmaet Selmer AS in mid-2019, the team has seen an increase in large development mandates. The department is jointly led by Yngve Bustnesli, who ‘with a background from the ministry, is particularly good on regulatory issues‘, and Jens Brede, who focuses on contractual issues.

Norway > Offshore construction and shipbuilding

Kvale Advokatfirma DA is singled out for acting in large disputes, including cases relating to the offshore sector, with particular expertise in representing oil companies. The team is also recognised for its involvement in international offshore construction projects, assisting contractors, manufacturers and distributors with projects in the Americas and West Africa. Jens Brede, who focuses on oil and gas litigation, and Yngve Bustnesli, who advises on petroleum law and offshore contracts, jointly head up the practice.