Legal Aspects of Oil & Gas
Critically evaluate the legal requirements surrounding decommissioning of offshore oil and gas installations in UK and Europe. In this respect, comment on the efficacy of the contractual clauses that address how the financial liabilities of decommissioning are allocated.
You must support your answer with relevant and appropriate examples as well as adequate reference to industry based articles/journals and commentaries.
• Demonstrate 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.
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