Standard Contracts


Standardisation of contracts is an objective initially introduced in the 1990s by the CRINE (Cost Reduction in New Era) initiative with the objective of  reducing costs by 30% and helping to simplify the industry’s procedures.

LOGIC currently supports a suite of 10 Standard Contracts that are available for use throughout the oil and gas industry and these are currently being reviewed and updated.

They cover a broad range of operations in the UKCS and are widely used across the contracting community.

You may also be interested in Oil & Gas UK's suite of Standard Agreements which can be accessed from the publications section of the Oil & Gas UK website.