OIL AND GAS LAW AND POLICY

Order Description
Write a research essay based on one of the followin” rel=”nofollow”>ing policies:

1. “The objectives of States and IOC in” rel=”nofollow”>in relation to oil and gas transactions are irreconcilable,
accountin” rel=”nofollow”>ing for the tensions and suspicions between them and the need for a variety of
legal techniques to adequately secure their respective in” rel=”nofollow”>interests”. Critically discuss this
statement.

2. “Biddin” rel=”nofollow”>ing is the predomin” rel=”nofollow”>inant method that most resource rich states use to grant a
permission to explore for, develop and produce oil and gas; but it is not the most suitable
or effective means for securin” rel=”nofollow”>ing maximum output for the states.” Critically discuss this
statement.

3. Critically examin” rel=”nofollow”>ine the petroleum law and policy of a country of your choice and
determin” rel=”nofollow”>ine the extent to which the licence system or the contract regime could be suitable
to your client for the conduct of petroleum operations in” rel=”nofollow”>in the country.

4. Local content and participation rules are commonly been applied for addressin” rel=”nofollow”>ing domestic
development needs in” rel=”nofollow”>in petroleum and min” rel=”nofollow”>ineral rich countries. Critically evaluate a local
content regime of your preferred country and assess its suitability as a development tool.

5. Account for the categories of risks that are prevalent in” rel=”nofollow”>in the oil and gas busin” rel=”nofollow”>iness and
critically analyse the legal tools that could ameliorate or cushion each given risk that you
examin” rel=”nofollow”>ine.

6. “The emergence of in” rel=”nofollow”>innovative contractual arrangements in” rel=”nofollow”>in the development of oil and gas
resources seeks to accommodate and promote political and economic imperatives. They
facilitate State participation and control over petroleum operations through production
sharin” rel=”nofollow”>ing arrangements or join” rel=”nofollow”>int ventures that set up state petroleum enterprises and
contractual devices that tend to limit the private company’s control and management
powers”.
Drawin” rel=”nofollow”>ing from examples of specific developin” rel=”nofollow”>ing countries’ oil regimes,
critically discuss the extent to which this observation reflects the current
practice of join” rel=”nofollow”>int venture arrangements in” rel=”nofollow”>in petroleum development in” rel=”nofollow”>in the given
state.

7. Critically discuss the proposition that the use of ‘stabilization clauses’ in” rel=”nofollow”>in energy contracts
are the most effective device to secure an in” rel=”nofollow”>investment again” rel=”nofollow”>inst confiscatory takin” rel=”nofollow”>ing and
other state’s regulatory powers.

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