Reference no: EM133751454
Business Law
Learning Outcome 1: Explain the nature of the legal system.
Learning Outcome 2: Illustrate the potential impact of the law on a business.
Vocational Scenario (LO 1 & LO 2)
Shell, formally known as Royal Dutch Shell, here after referred as Shell Oman is one of the largest and most prominent multinational energy companies in the world. It was formed in 1907 through the merger of Royal Dutch Petroleum Company and Shell Transport and Trading Company. The company operates in various segments of the energy industry, including oil and gas exploration, production, refining, distribution, and marketing.
As an integrated energy company, Shell has a global presence and operates in more than 70 countries, including Oman. The company is involved in the exploration and production of oil and gas reserves, both onshore and offshore, utilizing advanced technologies to extract hydrocarbon resources. Shell has a strong focus on innovative techniques, such as deepwater drilling and enhanced oil recovery, to maximize production efficiency and minimize environmental impact.
In Oman, Shell operates through its subsidiary, Shell Oman Marketing Company. The subsidiary plays a vital role in the marketing and distribution of Shell-branded products, including fuels, lubricants, and other energy-related services. Shell Oman Marketing Company operates a network of service stations across the country, catering to the energy needs of consumers and industries in Oman.
Shell Oman had entered a long-term supply contract with ExxonMobil Ltd, another prominent oil company operating in the UK. The supply contract is for the provision of crucial equipment and services. However, Shell Oman alleges that ExxonMobil Ltd has consistently failed to meet its contractual obligations, resulting in substantial financial losses and significant project delays for Shell Oman. Despite repeated attempts to resolve the matter amicably, the parties have been unable to reach a satisfactory resolution.
As part of their litigation plans, they recognize the importance of understanding the UK legal framework and legal system to ensure compliance and navigate any legal challenges that may arise. Moreover, they still need to continue their existing contracts with ExxonMobil Ltd and other oil companies in UK (British Petroleum and TotalEnergies) With this aim, Shell Oman approached Curtis LLP a leading law firm of Oman having a branch in UK to advise them on Law and Legal system of UK. You are a trainee consultant of the Firm was asked to prepare a litigation note which will enable Shell Oman to refer on the legal system and help them to understand the key legislations that are required to know for effectively running the business and to overcome legal challenges.
Shell, formally known as Royal Dutch Shell, here after referred as Shell Oman is one of the largest and most prominent multinational energy companies in the world. It was formed in 1907 through the merger of Royal Dutch Petroleum Company and Shell Transport and Trading Company. The company operates in various segments of the energy industry, including oil and gas exploration, production, refining, distribution, and marketing.
As an integrated energy company, Shell has a global presence and operates in more than 70 countries, including Oman. The company is involved in the exploration and production of oil and gas reserves, both onshore and offshore, utilizing advanced technologies to extract hydrocarbon resources. Shell has a strong focus on innovative techniques, such as deepwater drilling and enhanced oil recovery, to maximize production efficiency and minimize environmental impact.
In Oman, Shell operates through its subsidiary, Shell Oman Marketing Company. The subsidiary plays a vital role in the marketing and distribution of Shell-branded products, including fuels, lubricants, and other energy-related services. Shell Oman Marketing Company operates a network of service stations across the country, catering to the energy needs of consumers and industries in Oman.
Shell Oman had entered a long-term supply contract with ExxonMobil Ltd, another prominent oil company operating in the UK. The supply contract is for the provision of crucial equipment and services. However, Shell Oman alleges that ExxonMobil Ltd has consistently failed to meet its contractual obligations, resulting in substantial financial losses and significant project delays for Shell Oman. Despite repeated attempts to resolve the matter amicably, the parties have been unable to reach a satisfactory resolution.
As part of their litigation plans, they recognize the importance of understanding the UK legal framework and legal system to ensure compliance and navigate any legal challenges that may arise. Moreover, they still need to continue their existing contracts with ExxonMobil Ltd and other oil companies in UK (British Petroleum and TotalEnergies) With this aim, Shell Oman approached Curtis LLP a leading law firm of Oman having a branch in UK to advise them on Law and Legal system of UK. You are a trainee consultant of the Firm was asked to prepare a litigation note which will enable Shell Oman to refer on the legal system and help them to understand the key legislations that are required to know for effectively running the business and to overcome legal challenges.
The litigation note should include:
Emphasize on the English Legal System and requires in depth information and knowledge on how the legal system works.
Provide information regarding the role of the UK government in law making and the impact of important business laws on business.
Provide an understanding on the key legislations that are required for effectively running the business.
Provide a coherent and critical evaluation of the legal system and law, with evidence drawn from a range of different examples to support judgments.