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  4. 2016-2017
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  6. LS552J: Decommissioning of Offshore Installations: Commercial Aspects

LS552J: DECOMMISSIONING OF OFFSHORE INSTALLATIONS: COMMERCIAL ASPECTS (2016-2017)

Last modified: 28 Jun 2018 10:27


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 and in particular will consider the matter in the light of the MER obligation.&nbsp It will consider key contractual clauses, innovative contracting models, the legal (including tax) issues which arise as a result of decommissioning costs, and the interaction between the law of decommissioning and the law of insolvency.

Course Details

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

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

None.

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
  5. Decommissioning and insolvency

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers


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

2500 word essay (33%); Exam (67%).

Resit:

Formative Assessment

There are no assessments for this course.

Feedback

None.

Course Learning Outcomes

None.
 

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