Full Description
Analyses and critiques the key regulatory and commercial dimensions of the oil and gas industryIn recent years, a great deal has changed in the oil and gas industry, from legal and regulatory change to falling oil prices. The contemporary oil and gas industry is now intensely focussed on cost-saving and the UK has radical redrawn its revenue-raising expectations.This updated third edition has been published in two volumes: this volume focuses on commercial and contract law issues, while the other deals with resource management and regulatory law. The twin volumes bring together academic and practising lawyers, mainly based in Aberdeen, Europe's Energy Capital, to consider the key regulatory and commercial dimensions of an ever-changing hydrocarbon province.New for this editionSignificantly revised to take account of new case law relevant to default provisions and contractual interpretationA significantly expanded treatment of upstream commercial issues, including new chapters on the LOGIC contracts and Drilling contractsAdditional midstream and downstream content, including new chapters by industry experts on transportation and oil sales agreementsContributorsJudith Aldersey-Williams, Partner, CMS, Nabarro and Olswang, Aberdeen.James Cowie, Trainee Solicitor, Jones Day, Aberdeen.Greg Gordon, Senior Lecturer in Law, University of Aberdeen.Luke Havemann, Senior Associate, Bowmans Oil & Gas Team in Cape Town, South Africa.Tina Hunter, Professor of Law, University of Aberdeen.Alexander Kemp, Schlumberger Professor of Petroleum Economics, University of Aberdeen.Steven Latta, Assistant Head of Transnational Education, Glasgow Caledonian University.John Paterson, Professor of Law and Vice Principal for Internationalisation, University of Aberdeen.Claire Ralph, Head of Tax, Falklands Island Government; formerly Oil and Gas UK and HM Treasury.Uisdean Vass, Senior Counsel, Womble Bond Dickinson, Aberdeen.Emre Uenmez, Lecturer in Law, University of Aberdeen.Constantinos Yiallourides, Teaching Fellow, University of Aberdeen.
Contents
List of Figures and TablesList of ContributorsList of Abbreviations and AcronymsForeword to the First EditionPreface to the First EditionPreface to the Second EditionPreface to the Third EditionTable of CasesTable of StatutesTable of Statutory InstrumentsTable of European LegislationTable of International Instruments
Introduction and Context
1. Oil and Gas Law on the United Kingdom Continental Shelf: Current Practice and Emerging Trends in Contracting and Commercial LawGreg Gordon and James Cowie
Commentary on Specific Contracts and Contractual Issues
2. Joint Operating AgreementsScott Crichton Styles
3. UnitisationNicola MacLeod
4. Dissecting the Dayrate Drilling ContractGreg May and Eve Brazier
5. Contractual Standardisation and the LOGIC Standard ContractsLorna Dawson
6. Risk Allocation in Oil and Gas Service ContractsGreg Gordon
7. Commercial Agreements and Issues in the Transportation of Oil and GasLaura Petrie
8. Petroleum Sales AgreementsYanal Abul Failat
Issues of Commercial Law in the Oil and Gas Context
9. Acquisitions and Disposals of Upstream Oil and Gas InterestsNorman Wisely
10. Finance, Security and Insolvency in the Upstream Oil and Gas SectorJenny Allan and Sian Aitken
11. Competition Law and the Upstream Oil and Gas BusinessJudith Aldersey-Williams
12. Law and Technology in the OilfieldMartin Ewan
13. Aspects of Land Law Relative to the Transportation of Oil and Gas in ScotlandRoderick Paisley
14. Selected Employment Law Issues in the Oil and Gas IndustrySarah Arnell
15. Dispute Management and ResolutionMargaret Ross and Valerie Allan
Index
