module

Postgraduate Module Descriptor

LAWM714: Oil and Gas

This module descriptor refers to the 2016/7 academic year.

Overview

The petroleum industry brings together public (i.e. states) & private (i.e. international corporations) players. Oil and gas law regulates the parties’ relationships and offers the framework for the better protection and service of the interests of each side. In this module you will examine a number of specific types of oil and gas operations and transactions mainly in the upstream sector and beyond. The focus is on various public (state) as well as private (commercial) contracts, used in the course of petroleum upstream operations, on the financing of oil and gas upstream operations, as well as on the transportation and the sale of oil and gas. In accordance with what the scope of the international operation of this module dictates, the module will not be strictly confined to English law but will strive to be comparative in examining various other legal systems, as this will also be dictated by / in accordance with the case law examined in the course of its delivery. The module links to the LLM module on international arbitration as a follow-up and can be taken in parallel with the LLM module on international investment arbitration. It is also well-placed so as to define itself as the basis for the better understanding of, as well as to serve as a follow-up for modules on construction and/or oil and gas arbitration.