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Legal aspects of oil and gas industry

Discoveries of oil and gas generate much excitement and great effort is put into understanding technical, commercial and legal aspects of field development. In fact however the first challenges to governments are negotiation challenges.” Examine and evaluate the key areas and features that governments should focus on during their negotiation process and in the drafting of contracts with the International Oil Companies.

emonstrate a good understanding of the substantive rules of international law applicable to the oil and gas industry
• Evaluate the key principles of contract formation in international commercial transactions and key international law principles and trends in the oil and gas sector
• Assess the effectiveness of international law in addressing the environmental impact of oil exploration and exploitation
• Demonstrate a critical understanding of the importance of oil and gas law as a distinct subject, studied in a practical and commercial context.
Knowledge and understanding: Demonstration of detailed knowledge of the legal framework of oil and gas industry and the implications of national, regional and international law.
Cognitive/intellectual skills: Ability to analyse a range of information and to synthesise ideas, selecting appropriate techniques of evaluation.
Key/Transferable skills: Ability to manage information towards a given purpose and understand the relevance in the analysis of legal problems

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Category: Sample Questions