Europe, News

Vario welcomes new Oil and Gas lead

Posted 30 January 2018

Vario, the legal resourcing arm of Pinsent Masons, has welcomed Roger Connon to the business in a newly created role, Head of Oil and Gas, to support Vario’s response to demand in this sector for contract lawyers.

Roger recently stepped down as a partner and head of Pinsent Masons’ Aberdeen office, where he also led the corporate team.

In his new role, Roger will extend Vario’s reach and impact within the oil and gas sector. His deep knowledge of this industry and extensive contact list will help Vario position itself as a leading provider of specialist contract lawyers into the oil and gas sector.

Commenting on this new hire, Matthew Kay, Director of Vario said, “Roger’s hire into this new role is an exciting development and a first for Vario, as we bring Roger’s 25 years of specialist sector knowledge into the business. This puts Vario in a strong position to capitalise on the market opportunity in Scotland, and further afield, for contract lawyers in the oil and gas sector. “

Roger Connon added, “With oil and gas prices only now recovering slowly from a long-term low, the industry is a challenging market for law firms to operate in. Anything non-core has been removed and as a result in-house legal teams have been reduced whilst budgets for external legal resource aren’t what they once were.

“This has happened whilst these teams’ workloads continue to grow; with non-payment issues, tendering and retendering support, disputed contracts and M&A activity being just some of the areas requiring high-quality legal input.

“The industry has now stabilised around the new norm of $50 a barrel oil but companies are wary of returning to the bloated workforces and high external costs of yesteryear.  An increased workload and a focus upon costs creates opportunity for business such as Vario to drive into this market.

“Lawyers in the oil and gas sector have learned to adapt and are keener than ever before to explore a new way of working. Meanwhile through Pinsent Masons, Vario can offer cost-effective legal support, supported by the knowledge systems of the firm.”

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