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The Regulation of Decommissioning, Abandonment and Re-Use Initiatives in the Oil and Gas Industry: From Obligation to Opportunities

Edited by: Eduardo G. Pereira, Alexandra Wawryk, Heike Trischmann, Catherine Benet, Keith B. Hall

ISBN13: 9789403506937
Published: August 2020
Publisher: Kluwer Law International
Country of Publication: The Netherlands
Format: Hardback
Price: £138.00



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The Regulation of Decommissioning, Abandonment and Reuse Initiatives in the Oil and Gas Industry is an expansive book which divulges a comprehensive description and critique of the key issues that must be addressed by nations, and of the current international, regional, and national law and policy in this field. With thousands of offshore oil and gas platforms in place across the globe, the decommissioning of these ageing installations is becoming of increasing concern to regulators, industry and other stakeholders in the marine environment. This book elucidates current initiatives aimed at maximising reuse and repurposing opportunities, such as wind power, hydrogen, carbon capture, and storage by analysing the relevant law and practices of selected oil- and gas-producing nations.

Capitalising on the good decommissioning practices adopted by such distinguished jurisdictions as the United States, the United Kingdom, and Norway, the book delves deep into such key complex and topical issues as the following:

  • decommissioning provisions in operating agreements
  • agreements on decommissioning security
  • dispute risks
  • the challenge of residual liability
  • tax treatment of decommissioning
  • environmental, health and safety, and
  • creating reuse incentives and enabling energy system integration

All applicable international and regional conventions with provisions on decommissioning are discussed, including the ASEAN Guidelines on Decommissioning, the Geneva Convention on the Continental Shelf, the United Nations Convention on the Law of the Sea, the International Maritime Organization Guidelines, and the North-East Atlantic OSPAR Convention. The book concludes with a chapter that summarises the issues and topics and suggests future policy and legal directions which could guide governments and parties when developing decommissioning policies, law, and agreements.

This synopsis of current complex topical issues will help readers to understand the key issues to be addressed by regulatory regimes and the complexities involved in dealing with each of these issues. It will prove to be an asset for governments, lawyers, the offshore industry, environmentalists, and other stakeholders to ascertain current trends and best-practice approaches to decommissioning.

Subjects:
Energy and Natural Resources Law
Contents:
PART I. General Introduction
Introduction
Alexandra Wawryk
PART II. International and Regional Law
International Regulation of Decommissioning
Alexandra Wawryk
Regional Seas Conventions and Decommissioning
Alexandra Wawryk, Catherine Banet & Eduardo G Pereira
The ASEAN Guidelines on Decommissioning
Anton Latief & Randy Hendrika
PART III. Topical Issues
Decommissioning Provisions in Joint Operating Agreements, and Unitisation and Unit Operating Agreements
Heike Trischmann, Arnold Lule Sekiwano & Eduardo G. Pereira
Decommissioning Security Agreements
Heike Trischmann
Decommissioning Contracts: Risk Issues
Knut Kaasen
Decommissioning Oil and Gas Installations: The Challenge of Residual Liability
Ngozi Chinwa Ole, Dickson E. Omukoro, Eduardo G. Pereira & Keith B. Hall
The Tax Treatment of Decommissioning: The Example of Norway
Rune Tjomsås Andersen & Ole Kirkvaag
Environmental, Health and Safety: Issues and Regulation
Rachael Davidson & Nick Walker
Regulating the Reuse and Repurposing of Oil and Gas Installations in the Context of Decommissioning: Creating Incentives and Enabling Energy System Integration
Catherine Banet
Decommissioning: Scope for Dispute
Ben Holland & Michael Davar
PART IV. Country Studies
Australia
Alexandra Wawryk
Brazil
Gabriela Roque, Fernanda Delgado de Jesus, Pedro Henrique Gonc¸alves Neves & Eduardo G. Pereira
Canada
Evan W. Dixon & Brendan Downey
Denmark
Catalin Gabriel Stanescu
Egypt
Aly Salem
Ghana
Thomas Kojo Stephens
Trinidad and Tobago and Guyana
Alicia Elias-Roberts
India
Vasanth Rajasekaran
Indonesia
Anton Latief
Kazakhstan
Yernur Toizhanov, Aibek Mukhambekov & Rashid Gaissin
Libya
Waniss Otman
Mexico
Carlos A. Escoto Carranza & Antonio Borja Charles
Mozambique
Taciana Peão Lopes & Alberto Nkutumula
The Netherlands
Martha M. Roggenkamp
Nigeria
Taiwo Afonja, Rogba Payne & Rere Oye
Norway
Catherine Banet
Qatar
Damilola S. Olawuyi & Amer Tabbara
Romania
Catalin Gabriel Stanescu
Russia
Ravil Basyrov
Thailand
David Beckstead
United Kingdom
John Paterson
The United States of America
Keith B. Hall
Venezuela (Bolivarian Republic of)
Roberto Mas
PART V General Conclusion and Recommendations
Conclusions and Recommendations
Heike Trischmann