Contractual Allocation of Liabilities in the Upstream Oil and Gas - Industr

Liability allocation provisions are of vital importance in oil and gas contracts. This comprehensive text addresses the large number of practical challenges stemming from the drafting, interpretation and implementation of such clauses, all in one distinct volume.

List of contents

Part I: Introduction and Context 1. Introduction 2. An outline of the essential features of oil and gas operations 3. Basic norms: the legal background against which the contractual allocation of liability takes place 4. The justification for risk allocation Part II: The Nature and Purpose of the principal clauses involved 5. Indemnification 6. Mutual indemnity and hold harmless clauses 7. Clauses excluding or limiting liability for consequential loss Part III: Complicating factors 8. Public Policy and Contractual Interpretation 9. Statutory Control of Liability Allocation Provisions 10. Privity of Contract and Third-party issues 11. Insurance Part IV: Issues arising in particular contracts 12. State and Industry: The Petroleum Licence 13. Oil Company to Oil Company contracts 14. Drilling Contracts 15. Service sector contracts 16. Particular liability allocation issues in onshore oil and gas operations Part V: Conclusion 17. Conclusion

About the author

Greg Gordon is a Senior Lecturer at the University of Aberdeen, and has previously worked as a solicitor at CMS Cameron McKenna, specialising in commercial litigation in the oil and gas sector.

Summary

Liability allocation provisions are of vital importance in oil and gas contracts. This comprehensive text addresses the large number of practical challenges stemming from the drafting, interpretation and implementation of such clauses, all in one distinct volume.

Product details

• Authors: Greg Gordon, Greg (University of Aberdeen Gordon, Gordon Greg
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Hardback
• Release: 15.01.2025, delayed
• EAN: 9781138820524
• ISBN: 978-1-138-82052-4
• No. of pages: 300
• Series: Lloyd's Environment and Energy Law Library; Lloyd's Environment and Energy Law Library
• Subjects: Social sciences, law, business > Law > International law, foreign law; LAW / Commercial / General, LAW / International, LAW / Public, LAW / Environmental, LAW / Natural Resources, Commercial law, Law of the Sea, Environment law, Energy & natural resources law, Energy and natural resources law, Public international law: law of the sea