Module leader: Dr Djakhongir Saidov
Module description:
The module explores rules relating to exploration, development and production of oil and gas. The main focus of the module is placed on different types of legal regimes used in different countries such as, for example, concessions, production-sharing, joint ventures, service, and hybrid contracts. Other relevant issues such as dispute settlement in oil and gas industry, expropriation, renegotiation of contracts, international institutional (OPEC, IEA) and legal framework are also examined.
Seminar topics:
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Historical Background, Present State of International Petroleum Industry and Trends in International Petroleum Investment
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Petroleum Policies, Objectives and Legislation
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Methods of Obtaining Petroleum Development Rights and Licensing Regime
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Modern Concession Contracts
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Production Sharing Contract
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Risk Service Contract
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Joint Ventures and Joint Operating Agreements
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Unitisation Agreements
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Chinese Hybrid Contract
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Takings, Stabilisation Clauses and Renegotiation
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International Legal Framework – Bilateral Investment Treaties and Energy Charter Treaty
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OPEC and IEA
Methods of assessment
Modules on the LLM programmes will be assessed in one of the following ways. As this website is set up in advance, it is not possible to specify which method of assessment will be implemented for each module.
Either:
Or
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One 3-hour written examination
If you'd like to find out how a module will be assessed in the forthcoming academic year please contact the LLM Programmes Administrator at Law-LLM@contacts.bham.ac.uk.