Free PDF Joint Operating Agreements: Challenges and Concerns from Civil Law Jurisdictions (Energy and Environmental Law & Policy Series Supranationa
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Joint Operating Agreements: Challenges and Concerns from Civil Law Jurisdictions (Energy and Environmental Law & Policy Series Supranationa
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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.
- Sales Rank: #4967553 in Books
- Published on: 2015-07-07
- Original language: English
- Number of items: 1
- Dimensions: 9.70" h x 1.00" w x 6.30" l,
- Binding: Hardcover
- 284 pages
Most helpful customer reviews
0 of 0 people found the following review helpful.
A useful guidance for legal practitioners in the sector.
By J. O. Jauregui
This is a useful guidance to understand the applicability of these contracts in civil law jurisditions, in the sense that it provides a comparative approach of more than twenty jurisdictions in key topics of a JOA. As for the structure of the book the only comment I have to say is that the chapters are divided by countries rather than the issues or sections of the JOA.
The only reason I put four stars on the book is because of the lack of editorial supervision. For instance, pages 147 and 148 have blatant typos. It seems nobody at Kluwers took enough time to review the content of the book. I wouldn’t be surprise if I cross with more of those errors.
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