Further to recent feedback received from Master Deed Transaction Leader training sessions on the date optionality in the Notice of Transfer, LOGIC have implemented a change to the Master Deed online system.
Please note LOGIC will close at 5pm, Friday, 22 December 2017 and re-open 9am, 3 January 2018.
In order for the Service Provider to timeously deal with submissions over the Christmas Period and for a party to receive a certified copy of the Execution Deed prior to 31 December in any calendar year, all Consents to Transfer must be correctly accepted by 5pm on 16 December in any calendar year.
Effective from 1st January 2016, a new training requirement will be introduced whereby all Transaction Leaders must attend a compulsory training session with...
A rising number of companies are using shared industry tools developed by Oil & Gas UK and its subsidiary, LOGIC (Leading Oil and Gas Industry Competitiveness), to simplify procedures and improve the efficiency of working and commercial practices on the UK Continental Shelf (UKCS).
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