Last modified: 09 Oct 2025 17:16
This course provides a detailed overview of the cooperative contracts utilised to govern the commercial relationship between oil and gas companies when they form consortia in order to bid for and develop oil and gas assets. Teaching and instruction will be by a variety of methods including podcasts, core readings, discussion boards and interactive discussion. The course will cover such topics as the purpose and key terms of Area of Mutual Interest agreements; Confidentiality Agreements; Joint Bidding Agreements; Joint Operating Agreements and Unitisation and Unit Operating Agreements. It will provide a detailed discussion of selected issues including the significance of the legal nature of the joint venture, the problem of dissensus between the co-venturers and the legal issues arising from a default in a party’s obligations under the joint venture. This course is available to students registering for the online LLM Oil and Gas Law programme (Dissertation or Professional Skills).
| Study Type | Postgraduate | Level | 5 |
|---|---|---|---|
| Term | First Term | Credit Points | 15 credits (7.5 ECTS credits) |
| Campus | Aberdeen | Sustained Study | No |
| Co-ordinators |
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This course provides a detailed overview of the cooperative contracts utilised to govern the commercial relationship between oil and gas companies when they form consortia in order to bid for and develop oil and gas assets. Teaching and instruction will be by a variety of methods including podcasts, core readings, discussion boards and interactive discussion. The course will cover such topics as the purpose and key terms of Area of Mutual Interest agreements; Confidentiality Agreements; Joint Bidding Agreements; Joint Operating Agreements and Unitisation and Unit Operating Agreements. It will provide a detailed discussion of selected issues including the significance of the legal nature of the joint venture, the problem of dissensus between the co-venturers and the legal issues arising from a default in a party’s obligations under the joint venture. This course is available to students registering for the online LLM Oil and Gas Law programme (Dissertation or Professional Skills).
| Assessment Type | Summative | Weighting | 20 | |
|---|---|---|---|---|
| Assessment Weeks | Feedback Weeks | |||
| Feedback | ||||
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
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| Assessment Type | Summative | Weighting | 20 | |
|---|---|---|---|---|
| Assessment Weeks | Feedback Weeks | |||
| Feedback | ||||
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
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| Assessment Type | Summative | Weighting | 10 | |
|---|---|---|---|---|
| Assessment Weeks | Feedback Weeks | |||
| Feedback | ||||
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
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| Assessment Type | Formative | Weighting | 50 | |
|---|---|---|---|---|
| Assessment Weeks | Feedback Weeks | |||
| Feedback | ||||
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
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| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Factual | Remember | ILO’s for this course are available in the course guide. |
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