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Vol 23 No 5 May/June 2018

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Cover of Drafting Commercial Agreements

Drafting Commercial Agreements

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International Petroleum Exploration and Exploitation Agreements: Legal, Economic and Policy Aspects 2nd ed

ISBN13: 9780890690499
Published: January 2009
Publisher: Barrows Company Inc.
Country of Publication: USA
Format: Paperback, A4
Price: £112.00

In stock.

In this 2nd edition of the book, the authors address the legal, fiscal, economic, financial and policy issues surrounding the exploration and exploitation of petroleum resources in view of balancing the interests of the parties involved in petroleum deals: the host countries, the international oil companies and the consumers.

In addition to revising the contents of all existing chapters, two new chapters have been added, one on “Natural Gas,” reflecting its increased importance as an energy source today, and the other about “Sustainable Development: Environmental and Socio-economic Issues,” similarly recognizing the centrality of such issues to the petroleum industry today.

At every stage, the text is liberally interspersed with illustrative extracts of clauses taken from petroleum agreements of all types and from many diverse jurisdictions. This integration of expert commentary with actual contract provisions contributes to the unique nature of the work.

Energy and Natural Resources Law
Part 1
Historical Legal and Legislative
Aspects of Petroleum Agreements
1. Introduction
2. Ownership Rights to Petroleum
3. Petroleum Codes: Strategy and Structure
4. Evolution of International Petroleum Agreements
Part 2
Review of International Petroleum Agreements;
5. Concession Agreements
6. Production Sharing Agreements
7. Risk Service Agreements
8. Participation Agreements
Part 3
Review of the Clauses of International
Petroleum Agreements Related to Operations;
9. Exploration, Appraisal and Exploitation Clauses
10. Other Clauses
11. Natural Gas
12. Unitization
Part 4
Review of the Economic, Fiscal and Financing
Aspects of International Petroleum Agreements;
13. Comparative Economic and Fiscal Analysis
14. Home Country Fiscal Issues
15. Financing of Petroleum Operations
Part 5
Review of Other Petroleum Agreements;
16. Joint Operating Agreements
17. Farm-Out Agreements
Part 6
Review of Legal Aspects of International Petroleum Agreements;
18. Force Majeure, Hardship and Stabilization Provisions
19. Choices of law and Forum, Sovereign Immunity
Dispute Resolution Methods and Enforcement of Awards
Part 7
Review of Sustainable Development Aspects of International
Petroleum Agreements
20. Sustainable Dvelopment
Selective Bibliography
Glossary of Common Petroleum Terms
Units and Conversion Factors in the Oil and Gas Industry
List of Acronyms and Abbreviations