International Petroleum Transactions

Subject LAWS70161 (2010)

Note: This is an archived Handbook entry from 2010.

Credit Points: 12.50
Level: 7 (Graduate/Postgraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2010:

May, Parkville - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable


Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: The total class time is between 24 and 26 hours.
Total Time Commitment: Visit the Melbourne Law Masters website for more information about this subject.
Prerequisites: Visit the Melbourne Law Masters website for more information about this subject.
Corequisites: Visit the Melbourne Law Masters website for more information about this subject.
Recommended Background Knowledge: Visit the Melbourne Law Masters website for more information about this subject.
Non Allowed Subjects: Visit the Melbourne Law Masters website for more information about this subject.
Core Participation Requirements: Visit the Melbourne Law Masters website for more information about this subject.

Contact

For the most up-to-date information about this subject, contact the Melbourne Law Masters Office by email at law-masters@unimelb.edu.au or phone 8344 6190 or alternatively visit the subject website: www.masters.law.unimelb.edu.au
Subject Overview:

Principal topics will include:

  • Host government contracts
  • Joint bidding, confidentiality, exploration and farmout agreements
  • Joint operating and unitisation agreements
  • Managing and contracting to avoid corruption problems
  • Managing and allocating risk in service contracts.
Objectives:

A student who has successfully completed this subject should understand:

  • The essential requirements for state sovereignty over natural resources
  • The essential provisions of host government contracts
  • The essential provisions of joint bidding and confidentiality agreements
  • The essential provisions of exploration and farmout agreements
  • The essential provisions of joint operating and lifting agreements
  • The essential provisions of unitisation agreements
  • The essentials of risk management and allocation of risk in service and drilling contracts
  • The importance of drafting and administering contracts to avoid corruption problems, especially when contracting with a local consultant
  • The fundamentals of crude-oil and gas sales.
Assessment:

Take-home examination (100%)
(25-28 June)
Prescribed Texts: Visit the subject website for more information
Breadth Options:

This subject is not available as a breadth subject.
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills: Visit the Melbourne Law Masters website for more information about this subject.
Links to further information: http://www.masters.law.unimelb.edu.au/
Related Course(s): Master of Environment
Master of Environment
Postgraduate Certificate in Environment
Postgraduate Diploma in Environment

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