Overview

Oil and gas contracts are shaped by national and international laws that relate to common industry transactions. With standardised contracts being used across different jurisdictions, it is important that these legal principles are properly understood. The increasing scarcity of natural resources makes it more, rather than less, likely that legal issues will be tested in the oil and gas sector. This title seeks to explore industry issues using a new approach. It includes comprehensive commentaries on topics in the oil industry and links these with edited extracts from underlying legal texts. The reader benefits from the combination of both a full analysis of key legal issues and selected passages of text from legal sources. Taking exploration and production in the United Kingdom as its subject matter, the book also cites other jurisdictions by way of comparative study and on issues where the United Kingdom lacks decided case law. It also sets out the various international conventions and European laws which directly or indirectly form the basis of UK law and government practice and policy. Chapters cover exclusive licences, joint operating agreements, unitisation agreements and gas sales agreements. The book also analyses issues such as ownership of petroleum, the law of capture, rights of exploitation, the legal nature of exclusive licences, decommissioning, investor protection and human rights based on the principal legal obligations of parties and governments. Author Marc Hammerson is a partner at Akin Gump. He has extensive experience advising energy majors and independent energy companies on upstream and downstream oil and gas and power.

Full Product Details

Author:   Marc Hammerson
Publisher:   Globe Law and Business Ltd
Imprint:   Globe Law and Business Ltd
Weight:   1.110kg
ISBN:  

9781905783472

ISBN 10:   1905783477
Pages:   589
Publication Date:   01 June 2011
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

Preface 5 Table of international and non-UK laws 9 Table of UK statutes and statutory instruments 11 Table of cases 15 Methods and acknowledgements 21 Glossary 23 Bibliography 27 Chapter 1: Ownership, licensing and sources of law Part A: Commentary 31 Part B: Sources 69 Chapter 2: Joint operating agreements Part A: Commentary 173 Part B: Sources 205 Chapter 3: Unitisation and the law of capture Part A: Commentary 251 Part B: Sources 268 Chapter 4: Natural gas sales agreements Part A: Commentary 293 Part B: Sources 315 Chapter 5: Access to offshore pipelines and other infrastructure Part A: Commentary 371 Part B: Sources 394 Chapter 6: Decommissioning Part A: Commentary 437 Part B: Sources 470 About the author 589

Reviews

In summary, this easily accessible single volume guide fills a gap in the market and is certain to occupy a position above my desk for a number of years. Jason Lovell Eversheds Global Energy Review Recommended for a comprehensive understanding of the contracts and national and international laws that shape today's industry. Dev George, Oil and Gas International Legal practitioners and commercial managers will especially appreciate Hammerson's practical and commercial advice on how to manage some of the legal areas of uncertainty. They will also appreciate the highly accessible format and style of the book. James Foo, UCL School of Energy and Resources, Australia, OGEL.

Author Information

Author Marc Hammerson is a lawyer specialising in corporate and project work in the oil and gas and power industries. He has extensive experience advising energy majors and independent energy companies on upstream and downstream oil and gas and power.

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