Understanding Joint Operating Agreements

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Understanding Joint Operating Agreements

Author : Eduardo G. Pereira
Publisher : Unknown
Page : 0 pages
File Size : 47,6 Mb
Release : 2017
Category : Joint ventures
ISBN : 1780684118

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Understanding Joint Operating Agreements by Eduardo G. Pereira Pdf

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.

Joint Operating Agreements

Author : Peter Roberts
Publisher : Globe Law and Business Limited
Page : 0 pages
File Size : 51,9 Mb
Release : 2015
Category : Contracts
ISBN : 1909416622

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Joint Operating Agreements by Peter Roberts Pdf

This new third edition of the leading work on joint operating agreements (JOAs) provides a pragmatic examination of the provisions of a typical JOA in the order that they appear, with a particular focus on the critical issues of scope, the operator's role, joint and exclusive operations, default, transfers and decommissioning. There is also practical analysis of the key issues which apply to the operation of any JOA and the positions which are taken in the various leading industry model form contracts.

Practical Considerations to Negotiate an Enforceable Joint Operating Agreement under Civil Law Jurisdictions

Author : Damilola S.Olawuyi,Eduardo Pereira
Publisher : Kluwer Law International B.V.
Page : 659 pages
File Size : 54,8 Mb
Release : 2019-12-18
Category : Law
ISBN : 9789403506654

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Practical Considerations to Negotiate an Enforceable Joint Operating Agreement under Civil Law Jurisdictions by Damilola S.Olawuyi,Eduardo Pereira Pdf

Because agreements concerning oil and gas upstream activities have historically been developed in common law jurisdictions, a growing concern for the petroleum industry is that a some upstream investment might not be enforceable in a civil law jurisdiction to the extent the same standards/concepts are used without any adaptation. This is why it is essential to understand and analyse how to implement a Joint Operating Agreement in civil law countries. This new edition of this unique in-depth treatment of JOAs under civil law offers a new abundance of practical considerations addressing enforceability issues in a wide variety of civil law jurisdictions likely to be conducting joint operations among two or more parties. The country-by-country analysis helps greatly in ensuring that such issues and topics as the following will be covered in a contract subject to civil law: obligations and liabilities; relationship of the parties; exclusive operations; force majeure; hardship; and host granting instrument. A useful appendix to this new edition is dedicated to a wealth of short practical comments and specific guidance. The first edition of this book presented the first JOA edited book to address the essential requirements from a large variety of civil law perspectives. This new edition offers a broader and more complete discussion of the latest legal developments with respect to the legal framework and principles underpinning JOAs in more civil law countries. It analyses the main issues that the petroleum industry and its investors might face in civil law jurisdictions with actual or potential large oil and gas reserves, and as such it is a unique and immensely valuable source of information and guidance for oil and gas law practitioners, legal counsel, and business and commercial negotiators involved in transnational operating agreements around the world.

Joint Operating Agreements

Author : Eduardo G. Pereira
Publisher : Unknown
Page : 0 pages
File Size : 48,5 Mb
Release : 2015
Category : Civil law
ISBN : 9041159347

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Joint Operating Agreements by Eduardo G. Pereira Pdf

Historically oil and gas upstream activities were developed in common law jurisdictions. In the same manner the first model form of Joint Operating Agreements (JOAs) was developed in 1956 by the American Association of Professional Landmen. This historical model form provided the industry with guidance for future generations of JOAs. Although the JOAs were initially used in common law jurisdictions (US, Canada, UK, etc.) later on it was used in civil law jurisdictions throughout South America, Africa, Europe and Asia. There is no JOA model available in the industry to address all of the requirements from a large variety of civil law perspectives. The Norwegian and Greenlandic authorities offer their own JOA models, which are suitable within these jurisdictions. The AIPN JOA model form 2012 issued a short guidance note for civil law issues. Although this initiative was very much welcomed by the industry, it was not possible to provide extensive guidance on every detail and provide advice on exactly what your JOA provisions should look like at the very end. Therefore, the main issue for the petroleum industry is the fact that large upstream investments could be done based on a contract that might not be enforceable in a civil law jurisdiction. This book analyses the main issues that a JOA might face within seventeen civil jurisdictions with large oil and gas reserves or at least large potential (including but not limited to Angola, Argentina, Brazil, China, France, Holland, Indonesia, Kazakhstan, Mexico, Mozambique, Norway, Russia, Uzbekistan, Venezuela, etc.). It is a unique and valuable publication for practitioners, legal counsel, businessmen, and academics involved in the upstream industry around the world.

Joint Operating Agreements

Author : Michael P. G. Taylor,Thomas P. Winsor,Sally M. Tyne
Publisher : Unknown
Page : 172 pages
File Size : 54,6 Mb
Release : 1988
Category : Business & Economics
ISBN : UVA:35007000339584

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Joint Operating Agreements by Michael P. G. Taylor,Thomas P. Winsor,Sally M. Tyne Pdf

A report which examines step-by-step the Joint Operating Agreement as the contractual source of each party's rights and liabilities in the exploration, development and production of oil and gas fields. Coverage includes key clauses of the Agreement plus the legal relationships it creates.

Joint Operating Agreements

Author : Peter Roberts (Lawyer)
Publisher : Unknown
Page : 128 pages
File Size : 53,8 Mb
Release : 2012
Category : Electronic
ISBN : 6000038739

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Joint Operating Agreements by Peter Roberts (Lawyer) Pdf

Taylor and Winsor on Joint Operating Agreements

Author : Michael P. G. Taylor,Sally M. Tyne
Publisher : Unknown
Page : 302 pages
File Size : 43,8 Mb
Release : 1992
Category : Law
ISBN : UVA:35007000045736

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Taylor and Winsor on Joint Operating Agreements by Michael P. G. Taylor,Sally M. Tyne Pdf

Analyzes the main features of the joint operating agreement for offshore operations in the UK. This edition includes more alternative clauses and commentary, a new chapter on offtake of petroleum and a comparison of the provisions of UK offshore joint operating agreements and agreements elswhere

Joint Operating Agreements

Author : Eduardo G. Pereira
Publisher : Globe Law and Business Limited
Page : 0 pages
File Size : 50,7 Mb
Release : 2013
Category : Business & Economics
ISBN : 1909416134

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Joint Operating Agreements by Eduardo G. Pereira Pdf

This new title examines the most complex provision of the JOA, explaining everything that individuals working in the petroleum industry should know about exclusive operations and their consequences.

Joint Operating Agreements

Author : Eduardo G. Pereira
Publisher : Unknown
Page : 210 pages
File Size : 49,9 Mb
Release : 2018-06-15
Category : Oil and gas leases
ISBN : 1787421244

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Joint Operating Agreements by Eduardo G. Pereira Pdf

Joint operating agreements (JOAs) are well-accepted standard agreements in the oil and gas industry which regulate the relationship between the parties to a joint venture: the operator and the non-operator. Traditionally, the operator is responsible for performing operations on behalf of the consortium, while the non-operator is responsible for contributing to the financial commitments of the joint venture. However, due to the strong position typically maintained by the operator, this structure does not always accurately reflect the non-operator's position.Unbalanced agreements can create uncertainty, increase the risk of litigation and even jeopardise the very existence of the consortium. Therefore, it is essential to understand the position of both parties in order to ensure a fair and reasonable negotiation, and this fully updated second edition provides an in-depth analysis of the JOA from the perspective of the non-operator.Coverage includes an examination of the relationship between operators and non-operators under general law, and an analysis of the critical issues facing non-operators in a JOA. In addition, this book reveals how a non-operator can seek to protect its interests - initially through tight control of operations and expenditures, and ultimately through adequate remedies to remove the operator and/or restrict its liability. Further, this edition provides recommendations to address these concerns and also includes the JOA model form from Mozambique as well as reviews of other JOA model forms explored in the first edition.JOAs are relevant to law, finance, human resources and operations. This book provides invaluable practical guidance for in-house counsel, private practitioners, executives, academics, international oil companies, national oil companies, independents and anyone interested in investing in the upstream sector.

The AIPN Joint Operating Agreement

Author : Reginald Fowler,Peter Roberts (Lawyer),Eduardo G. Pereira
Publisher : Unknown
Page : 0 pages
File Size : 42,9 Mb
Release : 2019
Category : Law
ISBN : 1787422003

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The AIPN Joint Operating Agreement by Reginald Fowler,Peter Roberts (Lawyer),Eduardo G. Pereira Pdf

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 improved. The book also analyses the major appendices of the AIPN JOA, including the accounting procedure and the lifting procedures. This book is written by experienced practitioners who together have many years of knowledge and understanding in redrafting, negotiating and applying the AIPN JOA. It will be invaluable to legal representatives, financiers, commercial managers, operational personnel and government parties who are dealing with the AIPN JOA, whether for the first time or from a position of relative familiarity.

Joint Venture Agreements in the Qatari Gas Industry

Author : Talal Abdulla Al-Emadi
Publisher : Springer
Page : 137 pages
File Size : 46,7 Mb
Release : 2019-03-29
Category : Technology & Engineering
ISBN : 9783030126230

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Joint Venture Agreements in the Qatari Gas Industry by Talal Abdulla Al-Emadi Pdf

This book addresses a question of importance for both theory and practice: Why are joint venture agreements preferred over other types of agreements such as concession agreements, service contracts, and production sharing agreements in the Qatari gas industry? On a theoretical level, the author analyses this decision-making process by developing an approach that integrates a micro-level analysis, more specifically within international oil companies, with a macro-level analysis that spring from the organisational culture of the Qatari gas industry. At the micro level, the author proposes John Dunning’s eclectic paradigm (as one set of theoretical ideas) to explaining one element of the decision-making process leading to the preference for joint venture agreements, that is, that of international oil companies. At the macro-level, the author proposes Antony Giddens’ structuration theory (as another set of theoretical ideas) to explaining another part of this decision-making process, that is, how it is being shaped by the organisational culture of the Qatari gas industry. On an empirical level, the proposed book applies a combination of a micro-economic approach such as Dunning’s eclectic paradigm with a macro-sociological approach such as Giddens’ structuration theory by empirical investigation. Grounded on a qualitative strategy that focuses on the meaning-making which brings together different perspectives of this decision-making process including those of international oil companies and the organisational culture of the Qatari gas industry, the proposed book utilises a case study design, named the case of the Qatari gas industry. The author employs a triangulation of data collection techniques to access empirical data: analysing official documents and semi-structured interviews (a sample of the interview questions are included in an appendix to the proposed books). In line with the qualitative nature of this proposed book, a thematic Analysis is adopted to interpret data based on Dunning’s eclectic paradigm at the micro level and Giddens’ structuration theory at the macro level. In doing so, this book connects theory with practice by investigating the preference for joint venture agreements in the case of the Qatari industry by the combined application of one of the most effective frameworks for explaining foreign direct investment, named Dunning’s eclectic paradigm along with the most complex sociological framework that offers a rich definition of organisational culture, named Giddens’ structuration theory. Audience could include academics, professionals, and graduate and senior undergraduate students.

Joint Operating Agreements

Author : Peter Roberts
Publisher : Unknown
Page : 0 pages
File Size : 48,6 Mb
Release : 2012
Category : Contracts
ISBN : 1905783884

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Joint Operating Agreements by Peter Roberts Pdf

This new second edition provides a pragmatic examination of the provisions of a typical JOA in the order that they appear, with a particular focus on the critical issues of scope, the operator s role, joint and exclusive operations, default, transfers and decommissioning"

The Joint Operating Agreement

Author : Michael P. G. Taylor,T. P. Winsor,S. M. Tyne
Publisher : Unknown
Page : 160 pages
File Size : 41,7 Mb
Release : 1988
Category : Offshore gas industry
ISBN : OCLC:226579446

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The Joint Operating Agreement by Michael P. G. Taylor,T. P. Winsor,S. M. Tyne Pdf

Joint Operating Agreement

Author : Andrew B. Derman
Publisher : Unknown
Page : 209 pages
File Size : 47,5 Mb
Release : 1986
Category : Joint and several contracts
ISBN : 0897072790

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Joint Operating Agreement by Andrew B. Derman Pdf

Contains the standardized joint operating agreement as developed by the American Association of Petroleum Landmen, instructions, analysis and recommendations for amendments to the form.

Model Joint Venture Agreement with Commentary

Author : Anonim
Publisher : American Bar Association
Page : 508 pages
File Size : 47,7 Mb
Release : 2006
Category : Joint ventures
ISBN : 1590313127

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Model Joint Venture Agreement with Commentary by Anonim Pdf

This comprehensive resource provides a complete draft of a Model Joint Venture Agreement based on a hypothetical fact pattern. Also, provided is incisive commentary explaining the meaning and function of each provision. A checklist is included addressing the issues surrounding the formation of the Joint Venture and the ongoing legal rights and obligations between the parties. The Agreement plus other related documents are replicated on a companion CD-ROM and ready for tailoring to your transaction.