The petroleum industry is highly specialised. Over the centuries, the industry has developed a large number of standard petroleum arrangements and contracts that are not familiar to all across the industry and even less to the outside world. Each arrangement/contract has its own detailed terms and provisions.
This major work provides the unique combination of an encyclopaedia with commentary for the entire chain of petroleum activities. This first volume of the encyclopaedia deals exclusively with upstream activities. First, it deals with all types of petroleum title with the host government (eg, concession agreements, production sharing agreements and service agreements). Second, it covers all the relevant consortium agreements between investors (eg, joint bidding agreement, joint ventures and joint operating agreements). It also deals with the relevant players in the sector varying from the international oil company to the national oil company; the relevant regulations in the sector (eg, petroleum law, fiscal terms, health, safety and environment and procurement) and the key mechanisms for raising funds in the upstream sector. Lastly, the book covers acquisition mechanisms with government authorities and private parties, and the key issues concerning governing law and dispute resolution.
This approach enables all involved in the petroleum industry to master the industry's necessary legal terms in one publication. A follow-up volume will focus on the remaining petroleum activities involved in the transportation, refinery, market and distribution phases. Both volumes will feature chapters by leading experts across the globe in order to provide the best industry practices and standards.
This encyclopaedia will serve as a valuable tool for lawyers, professionals in industry, consultants, academics, engineers, geologists who are interested in understanding the key legal terms and provisions of the oil and gas industry.
Sprache
Verlagsort
Zielgruppe
Maße
Höhe: 241 mm
Breite: 159 mm
Dicke: 102 mm
Gewicht
ISBN-13
978-1-909416-06-2 (9781909416062)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Klassifikation
Introduction 5
Dr Eduardo G Pereira
STR Holding
Part I: Petroleum title
Royalty and tax regime 7
Marc Hammerson
Anthony Martinez
Akin Gump Strauss Hauer & Feld LLP
Production sharing agreements 33
Anna Ovcharova
Rosneft
Service agreements 51
Anthony Patten
Shearman & Sterling
Hybrid agreements 63
Harry W Sullivan
ConocoPhillips
Part II: Consortium agreements
Joint bidding agreements 71
Marc Hammerson
Anthony Martinez
Akin Gump Strauss Hauer & Feld LLP
Joint study agreements 83
Dario Arias
Resources Energy Consulting
Joint venture agreements 93
Debra J Villarreal
Thompson & Knight LLP
Joint operating agreements 103
Dr Eduardo G Pereira
STR Holding
Lifting agreements 121
Tracey Greenaway
Kate Siopis
Allens
Joint sales and marketing agreements 133
Luis Pacheco
Veirano Advogados
Unitisation and unit operating agreements 147
Andrew B Derman
Thompson & Knight LLP
Danielle Ludwig
L.O. Baptista, Schmidt, Valois,
Miranda, Ferreira, Agel
Part III: Key stakeholders
Governmental authorities 163
Roman Opimakh
Economic Reforms Coordination Center
National oil companies 175
Jose Alberto Bucheb
Petrobras
International oil companies 187
Anna Ovcharova
Rosneft
Independent oil and gas companies 193
Winston Fritsch
Petra Energia
Service companies 203
Andrea Falcao
Schlumberger
Part IV: Regulatory framework
National constitution 209
Kim Talus
University of Eastern Finland
Petroleum law 213
Kim Talus
University of Eastern Finland
Health, safety and the environment 219
John Paterson
University of Aberdeen
Procurement 229
El-Tayeb Murkaz Ali
University of Khartoum
Surface rights 243
Luis Pacheco
Veirano Advogados
Applicable laws, part I 247
Andrew Melsheimer
Thompson & Knight LLP
Applicable laws, part II 253
Kim Talus
University of Eastern Finland
Part V: Finance
Equity participation 257
Anna Ovcharova
Rosneft
IPO 265
Victoria Younghusband
Speechly Bircham LLP
RBL 275
Nick Ross-McCall
Huw Thomas
Ashurst LLP
Part VI: Mergers and acquisitions
Direct acquisitions from the host government 297
Dario Arias
Resources Energy Consulting
Contracts for the sale, exchange or economic transfer of interests 307
Peter Roberts
Andrews Kurth LLP
Part VII: Governing law and dispute resolution
Petroleum title 325
Andrew Melsheimer
Thompson & Knight LLP
Applicable law 327
Paul Cohen
William M Katz
Thompson & Knight LLP
About the authors 333
Index 341
