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LS551K: CONTRACTING IN HYDROCARBONS (2018-2019)

Last modified: 22 May 2019 17:07


Course Overview

A good knowledge and understanding of the commercial purpose and key features of the principal contracts used in the oil and gas industry is essential for an oil and gas lawyer.  This course will examine the contracts entered into between the state and the commercial actors involved in the exploration for and production of oil an gas and the contracts entered into between the oil companies themselves, and those between oil and gas companies and the contractors making up the supply chain. The course will be taught by means of a mix of lectures, seminars and interactive workshops.

Course Details

Study Type Postgraduate Level 5
Term Second Term Credit Points 30 credits (15 ECTS credits)
Campus Old Aberdeen Sustained Study No
Co-ordinators
  • Mr Emre Usenmez

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?

Are there a limited number of places available?

No

Course Description

While, as at present, the precise syllabus may change from year to year to reflect issues of current importance, the topics now to be included would be as follows: 1. Production Sharing Agreements 2. Risk Service Contracts 3. Joint Operating Agreements 1 4. Joint Operating Agreements 2 5. Indemnities/Consequential Loss 1 6. Indemnities/Consequential Loss 2 7. Access to Infrastructure.


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

1st attempt: One 2,000-word essay (25%) and one 3-hour closed-book written examination (75%).

Resit: One 3-hour closed-book written examination (the mark for the essay will be carried over).

Formative Assessment

There are no assessments for this course.

Feedback

None.

Course Learning Outcomes

None.

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