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the online risk allocation in oilfield service contracts of course is really focusing on whats probably the core issue in most oil and gas contracts if something goes wrong whos going to take responsibility for it the question of risk arises in very very acute form and the oil and gas industry has its own very particular ideas about how risks should be divided up those ideas are quite radically different from how the law normally packages up risk oil and gas industry is not especially interested in fault at least not all the time its much more interested in the question of whos got insurance who commercially is best placed to handle this particular risk and so the legal norms that it comes up with in its contracts are really quite different from those which one would encounter in some other areas that poses some challenges because the courts dont always understand the oil and gas industry is different and has its own approach so there can be problems with the enforceability of th