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LS552J: DECOMMISSIONING OF OFFSHORE INSTALLATIONS: COMMERCIAL ASPECTS (2021-2022)

Last modified: 31 May 2022 13:05


Course Overview

The course provides students with a comprehensive overview of the commercial issues which arise when decommissioning offshore installations.  The course will focus in particular upon the UK example and in particular will consider the matter in the light of the MER obligation.&nbsp It will consider key contractual clauses, innovative contracting models, the legal (including tax) issues which arise as a result of decommissioning costs, and the interaction between the law of decommissioning and the law of insolvency.

Course Details

Study Type Postgraduate Level 5
Session Second Sub Session Credit Points 15 credits (7.5 ECTS credits)
Campus Aberdeen Sustained Study No
Co-ordinators
  • Dr Greg W. Gordon

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

  • Master Of Science In Decommissioning (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 will address the following topics:-

  1. The commercial context (including MER, supply chain and operator and contractor perspectives)
  2. Decommissioning contracts – including key commercial issues and the allocation of risks
  3. Decommissioning contracts – alternative contracting models, including turnkey and campaign contracting strategies
  4. Decommissioning costs: tax implications of decommissioning including tax stability, portability of tax history and decommissioning cost deeds
  5. Decommissioning and insolvency

Details, including assessment, may be subject to change until 31 July 2022 for 1st half-session courses and 23 December 2022 for 2nd half-session courses.

Contact Teaching Time

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

Teaching Breakdown

  • 1 Seminar during University weeks 27, 29, 31, 33, 35, 40

More Information about Week Numbers


Details, including assessment, may be subject to change until 31 July 2022 for 1st half-session courses and 23 December 2022 for 2nd half-session courses.

Summative Assessments

2x 1500 word essay 25% each

3000 word essay 50%

 

Resit: resubmission of failed elements

Formative Assessment

There are no assessments for this course.

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
FactualRememberILO’s for this course are available in the course guide.

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