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Oil and Gas Exploration Contracts, 3rd Edition

Oil and Gas Exploration Contracts, 3rd Edition

Author: Anthony Jennings
Publisher: Sweet & Maxwell U.K.
ISBN: 9780414070691

Previous Edition ISBN: 9781847037510
Published In: September 2021
Format: Hardback
Jurisdiction: International ? Disclaimer:
Countri(es) stated herein are used as reference only

List Price: HKD 5,040.00

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Description
Contents

Details

Oil and Gas Exploration Contracts offers invaluable advice on the nature, use and terms of the contracts in the exploration phase. With its pragmatic outlook and expert advice it enables you to advise and negotiate at any stage of the exploration phase.

Provides clause-by-clause commentary of the commercial agreements used in worldwide gas and oil exploration
Covers all contracts from the start to end of the exploration phase including those for oilfield services
Analyses the potential pitfalls so you can avoid them
Presents practical advice which can be applied to jurisdictions worldwide
Covers joint venture agreements like joint bidding and joint study agreements
Includes coverage on drilling contracts, rig sharing agreements and rig assignments
Analyses agreements for the sale and purchase of exploration assets

Background

Background legal framework
Licensing and production sharing regimes

Contracts and the operator

The Operator's relationships with joint ventures under the JOA
With contractors under commercial agreements
Legal considerations covering contract, general and international law, safety, employment, environmental law, dispute resolution
Importance of the commercial contract
The negotiation process
Alliancing
Standardisation
Letters of intent
Options

Tendering and the enquiry package

Joint venture agreements

Commercial agreements between joint venture partners including AMI agreements, bidding agreements and joint study agreements

Agreements for services

Joint ventures and third party contractors
Agreements for services
Offshore
Onshore
Construction
Drilling
Vessel
Aircraft
Geophysical
Data licensing
Consultancy and procurement services

Drilling contracts

Drilling contracts
Rig sharing and rig assignment contracts

Transactions

Agreements for the acquisition and disposal of exploration assets held under licence, namely asset/share sales, farm-outs, exchange agreements
Disclosures
Warranties
Pre-emption clauses