This month we look at interesting market practice in relation to oil and gas operators entering contracts with the supply chain for multi-asset scopes of work, or multi-asset contracts. A multi-asset contract therefore differs from the typical approach. Multiple assets are rarely owned by the same parties in the same proportions. Possible risk mitigationsWith the potential for misalignment between the stakeholders involved in any multi-asset contract comes the need for the relationship between them to be appropriately documented and managed. Accordingly, the relevant asset owners may enter into an agreement among themselves governing how the multi-asset contract and the contractor’s services are to be shared among the assets.