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• General provisions
• Chargeable costs and expenses
• Exclusive operations
• Dispute resolution
• Accounting procedures and host government contracts.

The joint operating agreement (JOA) is probably one of the most relevant agreements in the upstream sector. The costs and risks involved in any upstream project are likely to be too great for any company to bear alone, and that's why it is fairly common for oil and gas companies to combine their efforts with others through joint ventures. The costs of a joint venture are usually controlled through mechanisms such as work programmmes and budgets, authorisations of expenditure, and the awarding of contracts. But none of these mechanisms are going to regulate when and how the operator can issue a cash call, how the operator can charge the costs related to the joint venture, or how a non-operator can audit those costs. All of these detailed financial controls are exercised through agreed accounting procedures. Usually, these accounting procedures are set out in an attachment to the JOA. The attachment can be fairly lengthy and complex since it deals with one of the key issues of the consortium: expenditure. If the accounting procedures do not establish clear rules in that area, costs and associated exposure could increase significantly for the parties involved.This new publication analyses and explores in detail what accounting procedures should apply, what the main issues are for an operator and a non-operator; and how the standard model forms address those issues. Several sets of JOA model forms (from AIPN, OGUK, Greenland and Norway, for example) are explored. Through the book, international oil companies, independents, national oil companies, legal advisers and consultants can learn how to perfect their accounting procedures and understand the risks and issues that they might face in the future.
(source: Nielsen Book Data)

• Part 1 General Aspects of Petroleum and the Petroleum Industry:
• Part 2 General Principles of Petroleum Legislation: Objectives and Structure of Petroleum Legislation. Contents of Basic Petroleum Laws and their Regulations. Licences. Contracts of Work. Petroleum Taxation.
• Part 3 Past and Current Petroleum Legislation: The Traditional Concessions in the Middle East. United Kingdom Legislation. Norwegian Legislation. Netherlands Legislation. Egyptian Legislation. Malaysian Legislation.
• Part 4 International Regulation of Offshore Petroleum Operations: The 1958 Convention on the Continental Shelf. The 1982 Convention on the Law of the Sea. The Protection of the Marine Environment.
• Part 5 Co-operation Agreements: Joint Operating Agreements. Farmin/Farmout Agreements. Joint Development Agreements.
• Part 6 Petroleum Policies of Multi-State Organizations: The Organization of Petroleum Exporting Countries (OPEC). The European Union.
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This work contains a detailed analysis and description of international and regional conventions, multilateral and bilateral agreements, national laws and regulations, official statements and policy documents, licences, contracts and commercial co-operation agreements concerning the search for and exploitation of petroleum reservoirs. It analyzes regulatory activity aimed at providing rules for the orderly conduct of these operations, at maximizing the economic, strategic and fiscal benefits and at satisfying legitimate environmental concerns. This text offers a detailed and accessible analysis of these complex issues and provides essential reading for international consultants and legal professionals negotiating and devising regulatory and co-operative aspects of petroleum operations and for geologists, petroleum engineers and others in charge of petroleum ventures and joint ventures.
(source: Nielsen Book Data)

• [v. 1.] Iraq and Kuwait--[v. 2.] Saudi Arabia--[v. 3.] Socialist Peoples Libyan Arab Jamahiriya and Qatar--[v. 4.] The Democratic and Popular Republic of Algeria and Abu Dhabi (United Arab Emirates).

• Foreword
• Introduction
• Sovereignty and ownership of oil resources
• Historical background to 2003
• The legislative framework of the Iraqi oil industry
• The contractual framework for Iraq's oil industry
• Conclusion.

Oil, an integral part of the contemporary global economy, is considered a driving force behind the 2003 invasion of Iraq. Hydrocarbon reserves in Iraq have a significant role to play in global supply, with oil revenue accounting for more than 90% of Iraqi government income. This book provides a comprehensive insight into the key foundations of Iraq's oil industry and assists in the development of a core area of domestic law to promote economic recovery following years of instability. It addresses the development of oil legislation and the formation of contracts since the US and allied occupation of Iraq in 2003. Legislation is assessed against the framework of the constitution along with the different types of oil agreements and their terms. The book looks at three main aspects of oil legislation, beginning with the validity and interpretation of the constitution as any subsequent legislation governing oil policy will be based upon this. The work then discusses whether the draft oil and gas law of 2007 and any subsequent oil legislation, including the law implemented by the Kurdish Regional Government in 2007, is valid. Finally, the book analyses the legitimacy of oil agreements entered into by the central and regional governments and whether these contain terms beneficial to the state and contracting party. Providing an in-depth analysis of the origins and development of the legal framework of the oil industry in Iraq, the book acts as both a reference source and a springboard for future research across a range of legal, economic and policy perspectives. It will appeal to practitioners and academics working in energy law and international investment law, as well as policy-makers, legal advisors and those working in governments and energy companies.
(source: Nielsen Book Data)

• v. 1. Upstream
• v. 2. Midstream and downstream.

The petroleum industry is highly specialised. Over the centuries, the industry has developed a large number of standard petroleum arrangements and contracts that are not familiar to all across the industry and even less to the outside world. Each arrangement/contract has its own detailed terms and provisions. This new major work provides the unique combination of an encyclopaedia with commentary for the entire chain of petroleum activities. This first volume of the encyclopaedia deals exclusively with upstream activities. First, it deals with all types of petroleum title with the host government (eg, concession agreements, production sharing agreements and service agreements). Second, it covers all the relevant consortium agreements between investors (eg, joint bidding agreement, joint ventures and joint operating agreements). It also deals with the relevant players in the sector varying from the international oil company to the national oil company; the relevant regulations in the sector (eg, petroleum law, fiscal terms, health, safety and environment and procurement) and the key mechanisms for raising funds in the upstream sector. Lastly, the book covers acquisition mechanisms with government authorities and private parties, and the key issues concerning governing law and dispute resolution. This approach enables all involved in the petroleum industry to master the industry's necessary legal terms in one publication. A follow-up volume will focus on the remaining petroleum activities involved in the transportation, refinery, market and distribution phases. Both volumes will feature chapters by leading experts across the globe in order to provide the best industry practices and standards. This encyclopaedia will serve as a valuable tool for lawyers, professionals in industry, consultants, academics, engineers, geologists who are interested in understanding the key legal terms and provisions of the oil and gas industry.
(source: Nielsen Book Data)

• Deux grandes tendances normatives en matière d'hydrocarbon
• Les textes.

Central Asia has emerged as potentially the most important new hydrocarbon province in decades. Among the countries whose natural resources are now the focus of world attention, Kazakhstan is very much in the front rank. The scale and strategic importance of its reserves mean that it is set to become one of the key players in the global market. Realising that potential depends on many factors, not least its legal treatment of the oil and gas industry. The contributors to this volume consider the various dimensions of that legal treatment, including investment and contractual issues, dispute settlement, transport and refining, environmental issues, and taxation. The importance of the international context for Kazakhstan's domestic law is a key feture of this book, as is a concern with identifying existing problems and suggesting the most fruitful direction for reform. The book will be of interest to practitioners and academics working in the specific field as well as in the more general area of legal relations between the oil and gas industry and transition economies. Ilias Bantekas is Reader in Law at the University of Westminster, London, UK. He has written widely in the field of.
(source: Nielsen Book Data)