The emerging era of deep- and ultra-deepwater plays is likely to see more sea areas become the focus of such disputes and industry players need to be cautious that, even if political agreements are in place, they may face a threat to their assets or operations, delegates at OTC heard on Wednesday.
The ever-shifting political map and increased demand for access to prospective new acreage is continually testing the United Nations Convention on the Law of the Sea (UNCLOS), an expert panel said.
“What
