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Local Content for the International Petroleum Industry
The term "local content" refers to the value petroleum activities bring to a country beyond the direct revenues from hydrocarbons. Job creation, taxes and fees, and the infusion of talent and education all contribute to local content. With the insight of experts from around the world, this text explores the policies of more than two dozen countries, each with its own approach. It also discusses historical context and how countries could learn from the best and the worst of local content development. Host countries that remain assertive in local content policies also have a better track record in tackling other associated problems. These include economic and social issues as well as also the development of a diverse and well-educated local work force. This text is a valuable resource for legal counsels (in-house and external), governmental authorities, business development managers, economists, NGOs, and academics.
The Encyclopaedia of Upstream Oil and Gas
This updated edition provides the unique combination of an encyclopaedia with commentary for the entire chain of petroleum activities.Fully updated, this new edition provides additional sections on (i) international laws and treaties with direct impact on the upstream sector, (2) anti-corruption laws and practices, (3) corporate and social responsi
Petroleum Fiscal Systems
The book reviews the various instruments which may form the petroleum fiscal system of a jurisdiction, with numerous examples from countries having configured their systems very differently.
Sovereign Wealth Funds, Local Content Policies and CSR
This book explores three particular strategies in the extractives sector for creating shared wealth, increased labour opportunities and positive social, environmental and economic outcomes from corporate projects, namely: state wealth funds (SWF), local content policies (LCP) and corporate social responsibility (CSR) practices. Collectively, the chapters explore the associated experiences and challenges in different parts of the world with the view to inform equitable and sustainable development for the communities living adjacent to extractives sites and the wider society and environment. Examples of LCPs, SWFs and CSR practices from 12 jurisdictions with diverse experiences offer usefull insights. The book illuminates challenges and opportunities for sustainable development outcomes of the extractives sector. It reflects the need to take on board the lessons of these global experiences in order to improve outcomes for poverty reduction, inequality reduction and sustainable development.
Governing Law and Dispute Resolution in the Oil and Gas Industry
The oil and gas industry’s wide international exposure and constantly changing landscape leave it particularly vulnerable to disputes. As this practical book demonstrates, the risks associated with disputes can be mitigated by parties utilising governing law and dispute resolution clauses in contractual agreements within the sector. Examining a global range of jurisdictions, the book offers clear guidance on the most appropriate choice of law and choice of dispute resolution forum for oil and gas contracts, analysing the key issues and defining the legal contours involved.
Some Faces of True Love
How many times in life do we attempt to decipher those moments of ecstasy when love happens? This overwhelming feeling surrounding us becomes so real that it gives us the illusory sensation of being concrete and palpable. We know we have it, and we regret it when it disappears, but, unfortunately, we have no way to imprison it. We will never tire of the desire not to believe that its manifestation is involuntary. However, we can consider ourselves fortunate to be eternal hunters endowed with extreme sensitivity to detect its nuances. In this book, twelve short stories are presented with different engaging scenarios and, apparently, disconnected from the theme. These short stories, however, do not present novel plots, as the title might suggest. The main objective of the narratives is to immerse the reader in different and genuine ways in which pure love manifests itself. At the end of each chapter, the reader is challenged to reflect on whether the feelings involved, hidden in a subtle way, are some faces of true love.
Understanding Joint Operating Agreements
This book focusses on key practical issues faced by oil and gas companies in different parts of the world in negotiating and implementing Joint Operating Agreements.
The AIPN Joint Operating Agreement
The Association of International Petroleum Negotiators (AIPN) model form joint operating agreement (JOA) was first issued in 1990 and has undergone a number of subsequent revisions. It is the most widely-used (although not always the most liked) joint operating agreement in international conventional oil and gas projects today. This book offers a pragmatic, detailed clause-by-clause review of the most recent (2012) version of the conventional petroleum AIPN JOA. Each clause is analysed in depth by reference to: (1) a statement of what the clause says; (2) a summary of the intended meaning of the clause; and (3) observations on how the clause tends to be modified in practice and might be impr...
The Regulation of Decommissioning, Abandonment and Reuse Initiatives in the Oil and Gas Industry
In the process of resolving disputes, it is not uncommon for parties to justify actions otherwise in breach of their obligations by invoking the need to protect some aspect of the elusive concept of public order. Until this thoroughly researched book, the criteria and factors against which international dispute bodies assess such claims have remained unclear. Now, by providing an in-depth comparative analysis of relevant jurisprudence under four distinct international dispute resolution systems – trade, investment, human rights and international commercial arbitration – the author of this invaluable book identifies common core benchmarks for the application of the public order exception....
African Upstream Oil and Gas
This major two-volume work provides a country-by-country analysis of African oil and gas. Divided into north and central Africa (Volume I) and east, west and southern Africa (Volume II), the book details the oil and gas frameworks and the key concerns in the most significant jurisdictions.
