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Module Title
LM International Oil and Gas Law
School
Birmingham Law School
Department
Law
Module Code
08 38923
Module Lead
tbc
Level
Masters Level
Credits
20
Semester
Full Term
Pre-requisites
Co-requisites
Restrictions
None
Exclusions
Description
The module will contain an overview of the industry and the key economic and political actors, and provide an introduction to the role of oil and gas in international relations and to the economics of the industry. The module will also introduce to the principles of public and private international law relevant to the industry, and how these operate in practice with reference to industry-specific contracts, agreements and instruments. There will be a detailed analysis of 'upstream' issues and the legal issues surrounding exploration, including a comparative analysis of the different legal regimes surrounding exploration rights and specific problems with exploration, such as joint exploration and exploration in disputed territory. The module may also examine a number of specific types of oil and gas operations and transactions in the upstream sector and beyond. These arrangements include various commercial contracts used in the course of petroleum upstream operations, sale and disposal of upstream assets, decommissioning, sale and shipping of oil and gas, and gas allocation, balancing and processing agreements. The module will not be confined to any specific legal system and will be comparative in its orientation. Examples of legal regimes and practices from various parts of the world will be relied upon throughout the module. The following topics may be addressed: Ownership of oil and gas law; Licensing and Operating; Oil and gas contracting Oil and gas taxation and royalties; Dispute resolution in oil and gas contracting Environmental regulation; Health and Safety; Piping and storage; Decommissioning
Learning Outcomes
By the end of the module students should be able to:
• Demonstrate understanding of the operation of the oil and gas industry and the main actors in the industry (public and private) and the relevant key principles of public and private law;
• Understand the types of transactions used in the final stages of upstream operations and beyond;
• Identify the central legal issues and problems surrounding and arising in the industry;
• Understand of range of approaches taken by various legal systems to the structuring and governing the said oil and gas operations;
• Analyse the relationship between various aspects of oil and gas law and commercial practices in the international petroleum industry;
