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

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.

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.

Sustainable development and the protection of the environment are concepts that have become inescapably connected. At the World Summit on Sustainable Development in Johannesburg in September 2002, the challenges facing the global environment were discussed at length. Air, water and marine pollution continue to rob millions of a decent life, loss of biodiversity continues, fish stocks are being depleted, desertification claims more fertile land, climate changes are having devastating effects, natural disasters are more frequent and developing countries are even more vulnerable. (Principle 13). This volume examines these important issues and adapts a practical approach. It outlines the programme of sustainable development in concrete fields of economic and environmental cooperation. The concept for this volume originated from the Conference on Exploitation and Management of Natural Resources in the Twenty-First Century: The Challenge of Sustainable Development. The Conference was organised by the British Institute of International and Comparative Law and the Department of Law at Queen Mary, University of London.

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.

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