Subjects:

Energy & Natural Resources Law

Contents:

Chapter 1

Background legal framework

Licensing and production sharing regimes

Chapter 2

The Operators relationships with joint ventures under the JOA

With contractors under commercial agreements

Legal considerations covering contract, general and international law, safety, employment, environmental law, dispute resolution

Importance of the commercial contract

The negotiation process

Alliancing

Standardisation

Letters of intent

Options

Tendering and the enquiry package

Chapter 3

Commercial agreements between joint venture partners including AMI agreements, bidding agreements and joint study agreements

Chapter 4

Joint ventures and third party contractors

Agreements for services

Offshore

Onshore

Construction

Drilling

Vessel

Aircraft

Geophysical

Data licensing

Consultancy and procurement services

Chapter 5

Drilling contracts

Rig sharing and rig assignment contracts

Chapter 6

Agreements for the acquisition and disposal of exploration assets held under licence, namely asset/share sales, farm-outs, exchange agreements

Disclosures

Warranties

Pre-emption clauses

This authoritative text provides a clause-by-clause review of the commercial agreements used in worldwide gas and oil exploration, and provides practical advice on the nature, use and terms of the contracts, enabling practitioners to advise on any stage of the exploration process. The new edition covers exploration joint venture agreements like joint bidding and joint study agreements, and includes coverage on drilling contracts, rig sharing agreements and rig assignments.

It analyses agreements for the sale and purchase of exploration and production assets, and can be used in relation to any offshore exploration area worldwide. Anthony Jennings is a practitioner with wide experience working in this field, and he has written the book from a practical perspective, offering a valuable insight into the nature, purpose and consequences for each contract.