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LS5593: OIL AND GAS LAW: TAXATION OF UPSTREAM (2015-2016)

Last modified: 25 Mar 2016 11:39


Course Overview

None.

Course Details

Study Type Postgraduate Level 5
Session Second Sub Session Credit Points 30 credits (15 ECTS credits)
Campus Old Aberdeen Sustained Study No
Co-ordinators

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Qualification Prerequisites

None.

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

  • Law (LS) (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

The course will cover the theoretical underpinnings of upstream taxation with a focus on economic rent. It will then look at the varying applications of that theory first within the contractual arrangements (ie. Production Sharing Agreements) with a focus on applicability of royalties, bonus payments, cost oil, and profit oil splits; then second in the UK Continental Shelf, where the focus will be on Petroleum Revenue Tax, Ring Fence Corporation Tax, and Supplementary Charge.

Degree Programmes for which this Course is Prescribed

None.

Contact Teaching Time

40 hours

This is the total time spent in lectures, tutorials and other class teaching.

Teaching Breakdown


Assessment

1st attempt: 1 one-hour in-class examination (30%); 1 two-hour final examination (70%).

Resit: 100% two-hour examination, to be taken at the next diet. Where a candidate has failed at first attempt, the re-sit mark will be capped at 09.

Formative Assessment

None.

Feedback

None.

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