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GL5525: COMMERCIAL LAW AND REGULATORY FRAMEWORKS (2018-2019)

Last modified: 22 May 2019 17:07


Course Overview

This course introduces financial laws attached to petroleum exploration and exploitation with respect to the UK, alongside an introduction to international law and regulatory frameworks.

Course Details

Study Type Postgraduate Level 5
Session Second Sub Session Credit Points 15 credits (7.5 ECTS credits)
Campus None. Sustained Study No
Co-ordinators
  • Dr Stephen Bowden

What courses & programmes must have been taken before this course?

  • Geology And Petroleum Geology (GL) (Studied)
  • Any Postgraduate Programme (Studied)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

In recognition of the fact that law and governance regimes are culturally specific the module casts a wide net on projects used as case studies but there is an emphasis on UK and Scottish experience. Specific topics are: 1. Contract Law - contractor's liability, contractual indemnities, exclusion clauses, and key contractual issues. 2. Offer and acceptance 3. Minor services contracts 4. Joint Operating Agreements, including model JOAs 5. Offshore risk management 6. Tort 7. Production Sharing Agreements 8. Maritime boundaries, stabilisation clauses and Joint Development Agreements 9. The planning system - its history and foundations 10. Theory in planning and theory of planning 11. Planning and markets 12. Planning and the sustainable development ethic: a suitable framework for planning? 13. Development plans, structure plans and the national planning framework.


Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers


In light of Covid-19 and the move to blended learning delivery the assessment information advertised for courses may be subject to change. All updates for first-half session courses will be actioned no later than 1700 (GMT) on 18 September 2020. All updates for second half-session courses will be actioned in advance of second half-session teaching starting. Please check back regularly for updates.

Summative Assessments

50% in course assessment. 50% Exam (1.5 hours).

Formative Assessment

There are no assessments for this course.

Feedback

None.

Course Learning Outcomes

None.

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