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HAAKON VIIS GATE 10, PO BOX 1752, VIKA, 0122 OSLO, NORWAY
Tel:
Work +47 22 47 97 00
Fax:
Fax +47 21 05 85 85
Email:
Web:
www.kvale.no

Yngve Bustnesli

Tel:
Work +4722479700
Email:
Web:
www.kvale.no/en/employees/partners/yngve-bustnesli/
Kvale Advokatfirma DA

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

Member

Norwegian Bar Association.

Education

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


Norway

Commercial, corporate and M&A

Within: Commercial, corporate and M&A

Kvale Advokatfirma DA¬†has core strengths in the technology, energy and natural resources, life sciences and shipping sectors and clients include Aventron and Danske Bank.¬†Yngve Bustnesli¬†and¬†Marius L Andresen¬†assisted Dong Energy (now √ėrsted) with the divestment of its oil and gas division to Ineos,¬†Thomas S Farhang¬†advised Telia on its NOK2.3bn acquisition of Phonero, and Bustnesli and¬†Trygve Norum¬†acted for¬†Kerogen Capital¬†on its acquisition of Norwegian Continental Shelf assets from Tullow Oil.¬†Jostein Moen¬†leads the group and¬†Susanne Schneider¬†is also a name to note.

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Oil and gas

Within: Oil and gas

Kvale Advokatfirma DA's experience spans contentious and non-contentious mandates with individual areas of expertise including practice co-head¬†Jens Brede¬†handling oil and gas disputes, co-head¬†Yngve Bustnesli¬†focusing on petroleum law and contractual work, and co-head¬†Erik Brannsten¬†excelling in offshore construction and subsea projects.¬†Andreas Stang Lund¬†is also recommended for contentious work. Recent highlights include assisting √ėrsted (previously Dong Energy) with the sale of its oil and gas portfolio to Ineos Industries, representing Equinor (previously Statoil) in a dispute relating to the termination of a drilling contract with Cosl Innovator, and advising Pandion Energy on its acquisition of a 10% stake in the Valhall and Hod fields on the Norwegian Continental Shelf (NCS).

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