Module code: LAW7033-B
The aim of the module is to develop your knowledge and understanding of some of the key commercial and related legal issues arising from the international oil and gas industry. It provides an overall overview and general understanding of oil and gas and of its operation, of issues relating to exploration and production, of the various contracts and phases involved in exploration and production, and of the environmental protection challenges in exploration and development of petroleum resources.
-Introduction to the basic concepts of oil and gas; basic contractual issues; operation; assignment
-Ownership, phases of petroleum exploration and developemnt and contractual arrangements and licences
-Financing/funding of oil and gas projects
-Decommissioning and financial liability
-Impact of new technologies and the international protection of new technologies
Environmental social and human rights challenges and business responses