9th Annual Global EPC Project Management Summit
The 9th Annual Global EPC Project Management Summit in London, UK September 2021 One of the largest Industries Summit In EPC Project Management.
The current global pandemic situation has dire consequences for the energy & natural resources sector, including on energy and petrochemical development projects and revamp / refurbishment projects across the sub-systems in the energy & natural resources plethora. The majority of such projects are usually governed by so-called Engineering, Procurement and Construction (“EPC”) Contracts, which often follow international templates prepared by international organizations such as the International Federation of Consulting Engineers (“FIDIC”). The FIDIC model agreements contain specific provisions that may be relevant when reviewing the impact of the COVID-19 crisis on your EPC project, which we have looked at based on the standard provisions of the 2017 Silver Book template.