Topical issues in oil and gas production sharing contract disputes

Cost recovery disputes are common and often include issues regarding which costs are recoverable, out of which production and when. Such ...

Trends in Production Sharing Agreement Disputes in the Oil & Gas ...

Simultaneously, many of the original Production Sharing Agreements (under which those investments had taken place) are reaching the end of their ...

Chapter 14 COMPLEXITY AND COMMERCIAL DISPUTES IN ...

Like many petroleum contracts, disputes arise regarding the interpretation of the duties imposed by production-sharing agreements. One such example is described ...

Upstream Oil and Gas Disputes - Global Arbitration Review

The production sharing contract (PSC) structure is another notable framework for the exploration, by project parties, of state-owned oil blocks.

The Resolution of Disputes under Petroleum Production Sharing ...

As a result of the extremely high costs, high risks, environmental issues, and human rights concerns involved in the exploration of oil and gas, ...

Chevron ups the ante in Asian production sharing contract dispute

Upstream understands that the ICSID arbitration relates to a dispute between Chevron, Petrobangla and the government of Bangladesh over the ...

Dispute Prevention and Resolution in Oil and Gas Production ...

... Dispute Prevention and Resolution in Oil and Gas Production Sharing Agreements in Africa". Oil ... questions, the seminar also considered ...

Navigating Oil & Gas Joint Venture Disputes - Lexology

Contentious issues include profit and loss sharing, delays, variations, and phase removals. Common Challenges in Loss Assessment. While the ...

Risk and benefit sharing schemes in oil exploration and production

We then extend this contract to take into account that apart from the production risk, the contractor can take a portion of the oil price risk by balancing it ...

Contracting and regulatory issues in the oil and gas and metallic ...

and Wälde correctly observe that threats of litigation may be important, ... “Production-sharing contracts in the Indonesian petroleum industry” Harvard ...

Arbitration In Oil And Gas Dispute Resolution - Youssef & Partners

This period was characterized by straightforward legal challenges, such as breaches of supply contracts within a single country, where ...

Evolving Trends in Production Sharing Agreements & Cost ...

... Petroleum Law”), which created the current oil and gas ... taking incorrect stance on important issues- Should be focused on renegotiation of oil contracts, etc.

Production-Sharing Agreements: An Economic Analysis

... production is then repaid through the sale of the produced oil or gas. ... PSAs address the important issue of ownership of oil reserves which has made this.

Alternative Dispute Resolution in Oil and Gas Contracts Law

is old and has various misty issues, particularly with respect to relevant ... Second, the oil contract is based on a production sharing contract or other ...

Legal Aspects of Production Sharing Contracts

The petroleum industry has witnessed a significant shift towards production sharing agreements. But what are they, and how do they impact the sector? This ...

International Oil and Gas Arbitration - OGEL Energy Law Journal

Chapter five discusses the issue of the renegotiation of international petroleum agreements when the contractual equilibrium changes due to unforeseen ...

How to scrutinise a Production Sharing Agreement

In order to ensure effective control over revenues in the oil and gas sector, citizens need to have a deeper understanding of the often complex issues ...

Jerome Finnis - Practical Law Arbitration Blog

Topical issues in oil and gas production sharing contract disputes. Oil and gas production sharing contracts (PSCs or PSAs) are high-value ...

Drafting for parallel disputes under a PSC, JOA and settlement ...

In oil and gas transactions it is common for the underlying production sharing contract, licence or concession (“PSC”) granted by the ...

Exploring the origin of EPSAs, the anatomy, the benefits and the ...

One of the most important legal contracts in the oil and gas business is the production sharing agreement, which is one of the most common types ...