This book is written and edited by experts and academics already active in the oil and gas industry, and addresses students and practitioners alike. It aims to familiarize them with salient features of oil and gas service contracts. The book provides a concise description and, to a lesser extent, analysis of the main features of service contracts of the types commonly used in the oil and gas industry. Writers and editors come from different legal traditions and practice in different jurisd...

The petroleum industry is highly specialised. Over the centuries, it has developed many standard petroleum arrangements and contracts that are not familiar to all across the industry - and even less to the outside world. Each has its own detailed terms and provisions. This new edition uniquely combines an encyclopaedia with commentary on both midstream and downstream activities. The topics it covers include energy policies; the relevant players in the sector - from governmental authorities...

Historically, oil and gas upstream activities were largely open to foreign investment. However, nationalisation in recent decades has concentrated the vast majority of natural resources in the hands of national oil companies (NOCs). Therefore, independent oil companies (IOCs) are increasingly likely to deal with NOCs as a partner. The joint operating agreement (JOA) was intended as a private document that regulates relationships between private investors. Recent developments under several ...

This fourth edition of the leading work on joint operating agreements (JOAs) provides a practical examination of the provisions of a typical JOA, with a particular focus on the critical issues of scope, the operator’s role, joint and exclusive operations, default, transfers and decommissioning. There is also practical analysis of the key issues which apply to the operation of any JOA and the positions which are taken in the leading industry model form contracts. The perspectives of the ope...

From its regional beginnings, the business of liquefied natural gas (LNG) has been transformed into a broad industry that now spans the globe. The production and liquefaction of natural gas and its shipping, regasification and use bring together diverse producer and consumer jurisdictions as well as international oil companies and trading businesses, under many different forms of contractual arrangement. This practical title is being updated to take into account the rapidly shifting arrang...

In Australia, business is conducted in a transparent, well regulated and politically stable environment. The 2013 World Bank Doing Business report judged Australia to be amongst the top 10 most straightforward and affordable countries in which to start up a business and in terms of overall ease of doing business. Foreign investment is welcomed, with all levels of government keen to promote business, economic development and employment growth.Minter Ellison's popular guide Doing Bus...

The fifth edition of International Business Law and the Legal Environment: A Transactional Approach gives business and law students a clear understanding of the legal principles that govern international business. This book goes beyond compliance by emphasizing how to use the law to create value and competitive advantage.DiMatteo’s transactional approach walks students through key business transactions—from import and export, contracts, and finance to countertrade, dispute...

A comprehensive look at the emergence of infrastructure financeJust as infrastructure development acts as a catalyst for economic growth, it is also changing the landscape for potential investors and the burgeoning field of infrastructure finance. Infrastructure systems for transportation, utilities, and public works are essential for economic growth and have quickly developed into an emerging alternative asset class.Infrastructure Finance examines how the...

The Principles of Project Finance reviews the technique of project finance. It explores, step-by-step, the key ingredients of the concept. The book is aimed at a business savvy audience, but one which is not necessarily up to speed on the concept, and has a global reach by covering both OECD countries and the emerging markets. Project finance is positioned at a key point between the global capital markets and the energy and infrastructure industries. To explain and illustrate the ideas beh...

Governments often pursue a variety of economic, social and political objectives through their allocation policies that go beyond the maximization of the net present value of the economic rent. The optimal allocation policy depends on a range of country specific and exogenous factors. Despite the variety of factors influencing optimal design, most countries use similar solutions. In particular, when auctions or administrative procedures are used, most governments opt for simple simultaneous mu...

Are you interested in learning more about the complex area of structured trade finance? Structured Trade Finance (STF) is a highly specialised area of trade finance that has evolved directly from practice. As it grows and becomes more complex in an increasingly risk-based regulatory environment, there is a need for more detailed guidance on the subject. Foundations of Structured Trade Finance will provide you with exactly this. Written by Dr Oramah — President of Afreximbank and a professi...

Hitherto, industry participants and professionals have had to navigate the emerging and complex Nigerian electricity supply industry (the power sector) without materials or texts that adequately and comprehensively address the history and policy issues, as well as the legal and regulatory frameworks of the industry. In particular, before this book, there was no book written from a practical and hands-on perspective on the key issues connected with the Nigerian power sector or Nigerian powe...