The Production Sharing Agreement (PSA) is the most widely used host government contract in the oil and gas industry, and is becoming the leading choice for most countries in their relationship with International Oil Companies (IOCs). However, there are many jurisdictional variations, and being aware of and understanding these is crucial for oil and gas practitioners working in this space.This title is the first comparative treatment of this topic and provides a comprehensive, in-depth overview of Production Sharing Agreements in key oil and gas jurisdictions around the world. It offers a rich, critical analysis and evaluation, and features contributions from an international group of leading experts and academics who address the legal, economic and political aspects of PSAs. It also provides guidance on key recent developments by looking at jurisdictions' overall regulatory framework and their relationship with the PSA.This edition covers jurisdictions worldwide, including: -Brazil;-Indonesia;-Kazakhstan;-Nigeria; and-RussiaProduction Sharing Agreements: A Global Legal Handbook will be of interest to practitioners, academics and anyone who is involved in these contracts. It provides readers with a clear understanding of PSAs in different jurisdictions, and a variety of practical recommendations and takeaways.

An essential guide to the nature, purpose and terms of the legal agreements in oil and gas exploration, this new edition brings the work right up to date, and includes expanded sections on Joint Operating Agreements, agreements for services, and turnkey drilling contracts. Together with Oil and Gas Production Contracts, these books form the complete suite of upstream oil and gas agreements.

This new edition of our best-selling title outlines in a single volume the essential principles involved in documenting oil and gas transactions, from the upstream exploration phase to transportation by pipeline and liquefied natural gas to sales and marketing. It is intended as a practical guide for anyone seeking a better understanding of the commercial and legal principles involved.