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LAWS6933 - Global Oil and Gas Contracts and Issues
Faculty of Law (Sydney Law School) - 6 credit points
HECS Band three
EFTSL: 0.125000000
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Department: Law
Offered session(s): 105
Teacher/Coordinator: Visiting Prof Owen Anderson, Visiting Prof John Lowe

Classes: Apr 30- May 3 (9-5) & May 4 (9-2)

Assessment: take-home exam (100%)

The unit is a review of the world's minerals-development regimes and the contracts that international investors use to implement them. The unit begins by reviewing the fiscal arrangements that nations use to obtain exploration and development, including licenses, production sharing contracts, joint ventures, and service contracts. It then focuses on the contracts that international investors use to share risks and rewards, including confidentiality agreements, study and bidding agreements, operating agreements, farm out agreements, lifting agreements and gas sales contracts. Other issues that may be covered include joint development agreements, taxation issues, corruption and indemnification.This unit replaced LAWS6933 International Petroleum Transactions. International Law students may enrol in either LAWS6990 Principles of Oil and Gas Law or LAWS6933 Global Oil and Gas Contracts and Issues, but not both.
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