The golden age of abundant, easy-to-access oil is over and, as a result, international oil and gas companies must search for new and more complex oil and gas provinces. Moreover, independent companies are adopting an even broader approach as they analyse unconventional plays. The 21st-century oil and gas industry increasingly demands a global approach as companies – both major and small – compete on the international stage.
This fully updated second edition of our practical handbook, now in two volumes, takes an in-depth look at the most relevant petroleum provinces, summarising upstream regulation and key concerns in over 30 important and emerging oil and gas jurisdictions. Issues featured include the key terms of petroleum law, the types of legal arrangement in place, the fiscal terms, how to qualify to acquire acreage, governing law, dispute resolution mechanisms, decommissioning and governmental control. As a result, the book provides a comprehensive global resource for upstream investments. New areas of coverage for this edition include Algeria, Ecuador, Israel, Lebanon, Morocco and Oman.
Many entities are keen to analyse and assess opportunities all over the world and so this book will appeal to a range of participants, including international oil companies, independents, national oil and gas companies, legal advisers and consultants, who need to understand the general requirements of oil and gas provinces and the respective best practices across the globe.
Cuprins
Volume I
Upstream regulation: an introduction 7
Eduardo G Pereira
International Energy Law Advisory Group
Kim Talus
Tulane University
Part I – Africa
Algeria 15
Waniss Otman
Petroleum economist
Angola 53
Paolo Esposito
Patrícia Rosário
Rosário Consulting
Chad 75
Waniss Otman
Petroleum economist
Ghana 103
Seyram Dzikunu
Bentsi-Enchill, Letsa & Ankomah
Thomas Kojo Stephens
Akufo-Addo, Prempeh & Co; University of Ghana School of Law
Libya 123
Waniss Otman
Petroleum economist
Morocco 161
Waniss Otman
Petroleum economist
Mozambique 193
José de Barros
SIGMA Consultores
Nigeria 251
Chisom Nneka Udechukwu
Latifat Folashade Yusuff
Legal practitioners
Senegal 267
Aboubacar Fall
FALL Partners Law Offices
Sudan 279
El-Tayab Murkaz Ali
University of Khartoum
Tunisia 293
Waniss Otman
Petroleum economist
Part II – The Americas
Argentina 337
Dario Arias
Resources Energy Consulting
Dario Gerardo Lamanna
CNP
Bolivia 355
Dario Arias
Resources Energy Consulting
Raul A Baldivia
Baldivia Unzaga & Asociados
Brazil 377
Raphael Paciello
Décio Pio Borges de Castro
Marcelo Viveiros de Moura
Pinheiro Neto
Canada 401
Nigel Bankes
University of Calgary
Colombia 413
Dario Gerardo Lamanna
CNP
Ecuador 441
Esteban Baquero
Rafael Valdivieso
Ferrere
Mexico 467
Miriam Grunstein
Brilliant Energy Consulting
United States 487
Samuel E Fubara
Debra J Villarreal
Thompson & Knight LLP
Volume II
Part III – Europe
Denmark 511
Bent Ole Gram Mortensen
University of Southern Denmark
Greenland 527
Bent Ole Gram Mortensen
University of Southern Denmark
Netherlands 547
Lisa Shoenmakers
Jap Jaan Trommel
Nauta Dutilh NV
Norway 561
Ivar Alvik
University of Oslo
Russia 577
Anna Ovcharova
Rosneft
United Kingdom 593
Justyna Bremen
Michael Burns
Ashurst
Part IV – Middle East, Asia and Australia
Australia 615
Igor Bogdanich
Allens
Azerbaijan 639
Samir Hadjiyev
Maarifa Pashayeva
Pw C Azerbaijan
Indonesia 655
Madjedi Hasan
Petroleum industry consultant
Iraq 673
Ahmed Mousa Jiyad
Independent development consultant and scholar
Israel 699
Renelle Joffe
Meitar Liquornik Geva Leshem Tal
Kazakhstan 715
Ibragim Kouky
Yerzhan Yessimkhanov
Grata Law Firm
Lebanon 727
Malek Takieddine
Al-Jad/CMS
Oman 745
Ben Ewing
CMS Cameron Mc Kenna Nabarro Olswang LLP
Pakistan 759
Muhammad Arif
Arif and Associates
Qatar 789
Dario Arias
Resources Energy Consulting
Melina Llodra
Lalive
About the authors 807