Full Description
This book examines the regulatory, environmental, financial, socio-legal, and safety aspects that shape offshore energy infrastructure projects and their operation.
The marine environment holds vast resources to provide energy solutions for humankind. The sustainable development of such offshore energy resources is one of the most pressing challenges posed by the energy transition. Whereas offshore hydrocarbons have been explored and extracted for more than a century, the offshore renewable industry is rapidly expanding, with lawmakers increasingly looking to the oceans for significant energy development. Offshore spaces now amalgamate mature and emerging energy industries, creating a pressing need to identify synergies and regulatory challenges.
However, and despite the pivotal role offshore energy is to play in the future, the interaction, synergies and conflicts arising between these regulatory, socio-legal, environmental and financial dimensions of offshore energy are often not discussed within the energy law scholarship. This book aims to fill this evident gap in existing energy law research to distil critical legal lessons from traditional offshore energy sectors to encourage best practice regulation of offshore energy net zero industries.
Offshore Energy Law provides a functional analysis that covers the life cycle of offshore energy developments, including renewable and hydrocarbons, within the broader context of the energy crisis and energy transition debates. Written and edited by leading global offshore energy experts, the book brings together a global and sectoral comparative perspective to central offshore energy topics such as licensing, socio-legal challenges and opportunities, safety and ecological governance, and the use of marine/maritime spatial planning.
Contents
Foreword, Tina Soliman-Hunter (Macquarie University, Australia)
Part I: Offshore Energy: Fostering Environmental Stewardship and Community Collaboration
1. Introduction to Offshore Energy Law: Challenges and Opportunities for Renewables and Hydrocarbons, Madeline Taylor (Macquarie University, Australia), Eddy Wifa (University of Aberdeen, UK), Eduardo G Pereira (University of São Paulo, Brazil) and Ignacio Herrera Anchustegui (University of Bergen, Norway)
2. Multiple Use in the North Sea: Evolving Towards a New Legal Framework? - A Case Study Based on the Belgian and Dutch Examples, Angelo Goethals, Frank Maes and Frederik Vandendriessche (University of Ghent, Belgium)
3. Balancing Environmental Protection with Offshore Wind and Petroleum Development: Two Peas in a Pod? Eddy Wifa (University of Aberdeen, UK), Daria Shapovalova (University of Aberdeen, UK) and Pedi Obani (University of Bradford, UK)
4. Avoiding (Offshore) Renewable and Critical Mineral-Based Resource Curse in Africa: The Role of a Continent-wide Legal Regime, Solomon N Obulor (Edinburgh Council, UK), Joy A Debski (University of Aberdeen, UK) and Nnennaya J Nwali
5. Health and Safety Regulation in the United Kingdom's Offshore Hydrocarbon and Wind Energy Industries: Similarities, Differences, Reforms, Eddy Wifa and John Paterson (University of Aberdeen, UK)
6. Beyond Social Licence to Operate: Charting 'Social Gaps' and the Social Contract in the Emerging Australian Offshore Wind Sector, Madeline Taylor (Macquarie University, Australia)
Part II: Offshore Energy: Business and Financing
7. A Double-Edged Sword: Alignments and Conflicts in the International, Regional, and Domestic Governance of Offshore Energy Projects, Catalin-Gabriel Stanescu (Syddansk Universitet, Denmark) and Cristian Rubanovici (Poul Schmith/Kammeradvokaten, Denmark)
8. Energy Transition and Tax Considerations for Oil, Gas, Wind Projects, and Carbon Taxation for Offshore Energy - Focus on the Brazilian Experience, Diana Rodrigues Prado de Castro (Brazilian Counsel)
9. Risk vs Rewards of Oil, Gas and Wind Investments: Dealing with Business, Finance and Economic Issues and how to Attract Investment in these Industries, João Oliveira (BP plc, UK)
10. Building Local Capacity and Expertise via Local Content Rules and Transferring Skills and Knowledge between Offshore Developments, Elena I Athwal (Hamad Bin Khalifa University, Qatar), Eduardo G Pereira (University of São Paulo, Brazil), Opeyemi Omotuyi (Supreme Court of Nigeria) and Ignacio Herrera Anchustegui (University of Bergen, Norway)
11. The Prospects for Offshore Wind Investment in the Global South - Lessons from the Offshore Oil & Gas Sector? Reg Fowler (Calyx Global Inc., UK)
12. Offshore Energy Financing: Trends, Opportunities and Hurdles, Cameron Kelly (Australian Renewable Energy Agency)
Part III: Offshore Energy: Complex Infrastructure and Overarching Conclusions
13. From a Mature Offshore Oil and Gas Sector to an Embryonic Alternative Energy Sector: The US Experience, Keith B Hall
14. Coupling of Petroleum, Offshore Wind, and CCS: Scopes, Interfaces, and Coordination of Licensing Regimes - The Norwegian Experience, Knut Høivik (University of Bergen, Norway), Heidi Eikenes Seglem (Equinor ASA, Norway), Sondre Dyrland (University of Oslo, Norway) and Camilla Grytten (Norwegian Bar Association)
15. Three Parts to the New Offshore Economy: Integrating Offshore Wind Energy with Hydrogen Electrolysis on Repurposed Oil and Gas Installations, Rüdiger Tscherning (University of Calgary, Canada)
16. Circular Economy in the Decommissioning of Oil and Gas Platforms: Costs, Legislation, and Importance for Energy Transition, Eduardo G Pereira (University of São Paulo, Brazil), Ana Carolina Marins de Carvalho (Mattos Filho Advogados, Brazil) and Aurelia Reid (Griffin Chambers, Trinidad and Tobago)
17. Joint Development in the Energy Transition: From Joint Petroleum Zones to Joint CO2 Storage Zones, Constantinos Yiallourides (Macquarie University, Australia)
18. On the Future of Offshore Energy, Ignacio Herrera Anchustegui (University of Bergen, Norway), Eduardo G Pereira (University of São Paulo, Brazil), Eddy Wifa (University of Aberdeen, UK) and Madeline Taylor (Macquarie University, Australia)
