Consulting Editor: Geoffrey Picton-Turbervill - Ashurst LLP
"A remarkably readable reference and practical guide for anyone seeking a better understanding of the commercial and legal principles involved in oil and gas transactions." - Oil and Gas International
"The logically arranged chapters comprising articles on different aspects of the industry, have been written by experienced practitioners in the field." - Rayhan Rashid, University of Oxford, European Energy and Environmental Law Review
Oil and gas are key drivers of the world economy and the technical, commercial and legal applications which support their exploitation are becoming increasingly sophisticated.
This new title outlines in a single volume the essential principles involved in documenting oil and gas transactions, from the upstream exploration phase to transportation by pipeline and liquefied natural gas to sales and marketing. It is intended to be a practical guide for anyone seeking a better understanding of the commercial and legal principles involved.
Edited by Geoffrey Picton-Turbervill, head of the global energy team at international law firm Ashurst in London, the book features contributions from leading practitioners including experts at Denton Wilde Sapte, Chadbourne & Parke, Shell and Lovells, among others.
Whether you are a lawyer in private practice or in industry, a commercial negotiator or from a financial institution or energy advisory practice, this title will provide a comprehensive insight into the oil and gas business.
1. Territorial delimitation and hydrocarbon resources
By Mhairi Main Garcia from Ashurst LLP
2. Licences, concessions production sharing agreements and service contracts
By Jubilee Easo from Ashurst LLP
3. Upstream joint ventures - bidding and operating agreements
By Charez Golvala from Chadbourne & Parke LLP
4. Unitisation and unitisation agreements
By Danielle Beggs & Justyna Bremen from Denton Wilde Sapte LLP
5. Financing upstream developments
By Nicholas Ross-McCall, & Huw Thomas of Ashurst LLP
6. Transboundary pipeline development and risk mitigation
By William E Browning from Infrastructure Development Partnership LLP; Thomas J Dimitroff from Oil and Gas Consultant
7. Liquefied natural gas
By Erin Dyer, Daniel Reinbott & Melanie Williams from Ashurst LLP
8. Gas sale and purchase agreements
By Daniel O'Neill from Ashurst LLP
9. Crude oil sales and purchase agreements
By Mark Morrison from Holman Fenwick Willan
10. Shipping arrangements
By Denys Hickey from Ince & Co
11. Gas allocation agreements
By Peter Taff from Independent Consultant; Richard Tyler from Lovells LLP
12. Gas balancing agreements
By Maine Stephan Goodfellow & George F Goolsby from Baker Botts LLP
13. Buying and selling upstream assets
By Erin Dyer from Ashurst LLP; Sharon Wilson from Freehills
14. Gas processing
By Nina Howell & Garry Pegg from Hogan & Hartson
15. Decommissioning of upstream oil and gas facilities
By Flávia Kaczelnik Altit & Mark Osa Igiehon from Shell International BV
About the Authors.