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LS5906: OIL & GAS LAW PROFESSIONAL SKILLS – EXPLORATION AND PRODUCTION (2015-2016)

Last modified: 25 Mar 2016 11:38


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
  • Professor John Paterson

Qualification Prerequisites

None.

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

  • 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 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.

Degree Programmes for which this Course is Prescribed

  • Master of Laws in Oil and Gas Law with Professional Skills

Contact Teaching Time

96 hours

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

Teaching Breakdown


Assessment

Continuous assessment of briefing notes during simulation (Group work) (20%) Group work presentation - 20 mins followed by Q&A (20%) All group work includes peer assessment to inform markers. Individual Report following simulation 5,000 words (30%) Individual report relating to analysis of legal and regulatory issues (30%.)

Formative Assessment

None.

Feedback

None.

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