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Audun Stornes Partner Stavanger

Audun primarily advises Norwegian and foreign companies within Oil and Gas and within Oil Service. He assists oil companies with a broad variety of regulatory issues relating to the concession system and the joint operating agreement, including necessary contacts and intervention with the authorities including the MPE and other governmental bodies. Furthermore, he assists with contracts, transactions and dispute resolution. He has assisted buyers or sellers in a large number of transactions regarding transfer of participating interest in production licences on the Norwegian continental shelf (including transfer of interests in producing fields) or in the sale of shares in oil companies. Further, he has extensive assistance from dispute resolution and mediation within Oil and Gas and Oil Services and has acted both in capacity as litigator, Arbitrator/Judge or as mediator. Audun has over a long period been highly ranked for his competencies within oil and gas industry in different recognised legal awards, including Chambers and Legal 500.
  1. The Legal 500
    Recommended Lawyer, Oil and gas

    "I have worked extensively with Audun Stornes, Thomas Abrahamsen, and Jone Stakkestad. All three are first class oil and gas lawyers with excellent industry knowledge and work ethic. Availability, client engagement, and speed of response are top rate. Audun and Jone have a wider remit and provide well considered and effective advice across the oil and gas spectrum."

  2. The Legal 500
    Recommended Lawyer, Commercial, corporate and M&A

  3. Chambers & Partners Global
    Band2, Energy: Oil & Gas

    "Absolutely fantastic." "He has a good understanding of what the client does and doesn't need, and where value-adding advice can be focused. He is very responsive, meets deadlines and is a pleasure to work with."

  1. Partner, Stavanger, Thommessen

  2. Partner, In capacity as partner in Kluge Lawfirm, Audun primarily assisted E&P companies with regulatory issues associated with the joint operating agreement and concessions, with contracts, transactions and dispute resolution. He assisted in a large number of transactions related to transfer of participating interests in producing fields, fields under development and in infrastructure on NCS. He also advised in a large number of coordination and tie-in processes, including in relation to complaints brought to the MPE pursuant to the third party access regulations. He has also been heavily involved with legal assistance related to rig contracts and dispute resolution under rig contracts. Furthermore, he also assisted oil service companies with contracts, and follow-up and enforcement of contracts including dispute resolution., Kluge Lawfirm AS

  3. Senior Legal Advisor, When employed with the Talisman Energy legal team, Audun assisted primarily with the Yme development project, which faced significant delays and cost overruns. The problems in the project resulted in a legal dispute between the Operator of the project, Talisman Energy Norge and one of the main contractors. The dispute was resolved in arbitration and Audun was a key member of the legal team handling the arbitration case., Talisman Energy Norge AS (now part of Repsol Norway)

  4. Judge, Judge and mediator in civil disputes and other types of disputes raised with Stavanger District Court. Amongst other, he served as judge in a very significant dispute between the operator of the Snøhvit gas field and one of the large contractors relating to the construction of the onshore reception facilities for Snøhvit at Melkøye, Hammerfest, with a hearing in court continuing for more than one year. The case was settled before the judgement was granted., Stavanger District Court

  5. Legal advisor, Legal council with BP Norge in-house legal department. A large part of the practice in BP Norge was related to assistance with unitization and coordination of petroleum activity, including in relation to the very significant Ormen Lange project development. Furthermore, Audun assisted with contracting of rigs, ships etc. to the BP operations on NCS. assisted with contracts to significant development projects on Valhall field and assisted with sale of participating interests in production licenses, BP Norge AS

  6. Lawyer and senior lawyer, Position as lawyer and senior lawyer with office in Bergen and with a 6 months secondment with the London office of Wikborg & Rein. Assisted within M&A projects, assisting rig owning companies with dispute resolution and arbitration in extensive disputes relating to modification projects for drilling rigs with Norwegian yards, and assistance relating to ship financing and sale of ships., Lawfirm Wikborg & Rein

  7. Deputy Judge, Position as Deputy Judge with a District Court located in Bergen, Norway which handled the full circle of legal matters., Midhordland District Court

  8. Scholarship fellow Faculty of Law, Bergen, Scholarship Faculty of Law Bergen. Teaching law students within tax law and civil procedure/process., University of Bergen, Faculty of Law

  1. Candidate in Jurisprudence
    University of Bergen

  2. College graduate
    BI Norwegian Business School