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LS5906: OIL & GAS LAW PROFESSIONAL SKILLS – EXPLORATION AND PRODUCTION (2018-2019)

Last modified: 22 May 2019 17:07


Course Overview

This course allows students the opportunity to deploy the knowledge they have gained in the taught courses on the LLM Oil and Gas Law programme in two intensive week-long exercises designed to develop their professional skills. The first of these involves an insight into the building of a commercial case to farm-in to a petroleum licence whilst the second puts students in the position of state or commercial actors negotiating a Production Sharing Agreement. This course is available to students on the LLM Oil and Gas Law with Professional Skills programme.

Course Details

Study Type Postgraduate Level 5
Session Second Sub Session Credit Points 60 credits (30 ECTS credits)
Campus None. Sustained Study No
Co-ordinators
  • Mr Emre Usenmez

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

  • Any Postgraduate Programme (Studied)
  • Master of Laws in Oil and Gas Law with Professional Skills (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

The course is delivered as two simulations. In the first, the students receive a briefing document giving background information to oil and gas production in a particular jurisdiction. Working in groups, they then play the role of an adviser in an oil and gas exploration and production company, receiving email requests from the VP Exploration to return information and briefings. Through meeting these requests the students will ‘build’ the business case, presenting it first as presentation to a simulated Board and second as a report. They will also analyse certain legal and regulatory issues impacting the development of the business case, preparing a second report. In the second simulation, students will work in groups negotiating the key terms of a Production Sharing Agreement from the perspective either of the state or the contractor. They will receive sessions dealing with negotiation theory and techniques before conducting the negotiation itself. They will afterward prepare a paper reflecting on the exercise and identifying what worked and what they would do differently in future.

Further Information & Notes

This course cannot be taken alongside LS5810 Master of Law Dissertation.


Contact Teaching Time

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

Teaching Breakdown

More Information about Week Numbers


Summative Assessments

Group Presentation & 2500 Word Group Report, weighted 50:50 (Based on Week 1 E&P Business Case Simulation-workshop) – cumulatively making up- 30% of assessment

5000 word Individual Assignment (Based on Legal aspects of Week 1 E&P Case Simulation-workshop ) – 40%

1,200 word Individual Reflective Journal Assignment (10%) –Based on Week 2 PSA Negotiation Workshop

3,500 word Individual Assignment (20%) –Based on Week 2 PSA Negotiation Workshop.

Formative Assessment

There are no assessments for this course.

Feedback

None.

Course Learning Outcomes

None.

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