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Risk Allocation in Oil and Gas Service Contracts

A Comparative Analysis of US and UK Continental Shelves

Erschienen am 11.10.2014, Auflage: 1/2014
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In den Warenkorb
Bibliografische Daten
ISBN/EAN: 9783659596964
Sprache: Englisch
Umfang: 80 S.
Format (T/L/B): 0.5 x 22 x 15 cm
Einband: kartoniertes Buch

Beschreibung

We spend most of our lives calculating how to avoid, mitigate or limit our exposure to risks. It is not entirely different in the Oil and Gas Industry. The industry is inherently exposed to different genus of risks as exemplified by numerous accidents, oil spills, blow-outs, natural calamities among others. This book examines different modes deployed by the oil and gas industry especially in United States Continental Shelf and United Kingdom Continental shelf to manage and transfer these risks. The book examines the different contractual mechanisms used to allocate risks and how such mechanisms operate. With in-depth analysis, Patson compares the application of such risk allocation mechanisms in two leading jurisdictions of US and UK and how their Courts have interpreted them over the years. This book is of great value to the understanding of contractual risk management in the oil and gas industry.

Autorenportrait

Patson is an attorney with Sebalu & Lule Advocates in Uganda, specializing in energy/oil and gas legal practice and commercial litigation. He is also a part-time lecturer at Uganda Christian University where he lectures Oil and Gas Law. He holds an LLM in Oil and Gas Law (with Distinction) from Robert Gordon University- Aberdeen (UK).