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  5. Geology and Geophysics
  6. GL5525: Commercial Law And Regulatory Frameworks

GL5525: COMMERCIAL LAW AND REGULATORY FRAMEWORKS (2020-2021)

Last modified: 05 Aug 2021 13:04


Course Overview

This course introduces financial laws attached to petroleum exploration and exploitation with respect to the UK, alongside an introduction to international law and regulatory frameworks.

Course Details

Study Type Postgraduate Level 5
Term Second Term Credit Points 15 credits (7.5 ECTS credits)
Campus Aberdeen Sustained Study No
Co-ordinators
  • Dr Stephen A. Bowden

What courses & programmes must have been taken before this course?

  • Geology And Petroleum Geology (GL) (Studied)
  • Any Postgraduate Programme (Studied)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

In recognition of the fact that law and governance regimes are culturally specific the module casts a wide net on projects used as case studies but there is an emphasis on UK and Scottish experience. Specific topics are:

  1. Contract Law - contractor's liability, contractual indemnities, exclusion clauses, and key contractual issues.
  2. Offer and acceptance
  3. Minor services contracts
  4. Joint Operating Agreements, including model JOAs 5. Offshore risk management
  5. Tort
  6. Production Sharing Agreements
  7. Maritime boundaries, stabilisation clauses and Joint Development Agreements
  8. The planning system - its history and foundations
  9. Theory in planning and theory of planning
  10. Planning and markets
  11. Planning and the sustainable development ethic: a suitable framework for planning?
  12. Development plans, structure plans and the national planning framework.

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers


Details, including assessments, may be subject to change until 21st September 2026 for Term 1 and Full Year courses and 8th January 2027 for Term 2 courses.

Summative Assessments

Essay, 1500 words (50%)

48 hour written exam (50%)

 

Resit

Resit failed element in same format

Formative Assessment

There are no assessments for this course.

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
 

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