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  6. LS552S: Decommissioning of Offshore Installations: Commercial Aspects

LS552S: DECOMMISSIONING OF OFFSHORE INSTALLATIONS: COMMERCIAL ASPECTS (2023-2024)

Last modified: 23 Jul 2024 10:43


Course Overview

The course provides students with a comprehensive overview of the commercial issues which arise when decommissioning offshore installations.  The course will focus in particular upon the UK example.  It will consider standardised documentation including LOGIC and BIMCO contracts,  key contractual clauses, innovative contracting models and the legal (including tax) issues which arise as a result of decommissioning costs.

Course Details

Study Type Postgraduate Level 5
Term Second Term Credit Points 15 credits (7.5 ECTS credits)
Campus Aberdeen Sustained Study No
Co-ordinators
  • Professor Greg W. Gordon

What courses & programmes must have been taken before this course?

  • Any Postgraduate Programme (Studied)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

The course will address the following topics:-

  1. The commercial context (including MER, supply chain and operator and contractor perspectives)
  2. Decommissioning contracts – including key commercial issues and the allocation of risks
  3. Decommissioning contracts – alternative contracting models, including turnkey and campaign contracting strategies
  4. Decommissioning costs: tax implications of decommissioning including tax stability, portability of tax history and decommissioning cost deeds

Details, including assessments, may be subject to change until 30 August 2024 for 1st term courses and 20 December 2024 for 2nd term courses.

Summative Assessments

Exam

Assessment Type Summative Weighting 67
Assessment Weeks Feedback Weeks

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Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Essay

Assessment Type Summative Weighting 33
Assessment Weeks Feedback Weeks

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Feedback Word Count 2500
Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Formative Assessment

There are no assessments for this course.

Resit Assessments

Resit Failed Element in same format if due to extenuating circumstances

Assessment Type Summative Weighting 100
Assessment Weeks Feedback Weeks

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Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
FactualRememberILO’s for this course are available in the course guide.
 

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