Understanding Joint Operating Agreements

ISBN-13: 9781780684116 / Angielski / Twarda / 2016 / 402 str.

Eduardo G. Pereira

Opis

The Joint Operating Agreement (JOA) is widely used in the petroleum industry as a contractual framework for joint ventures across different continents and standards. The first part of this book deals with considerations prior to entering into a JOA, such as compliance with bribery laws; standards, practices and procedures across the petroleum industry; and enforceability of JOAs and understanding decommissioning obligations. The second part focuses on key clauses within any JOA covering topics including health and safety considerations; liability and insurance; and control of operations and expenditures. This is a unique publication dedicated to analyzing all of these key practical issues faced by oil and gas companies in different parts of the world in negotiating and implementing a JOA. Subject: Contract Law, Comparative Law]