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Author: Silvana Tordo
Publisher: World Bank Publications
ISBN: 9780821381670
Category : Business & Economics
Languages : en
Pages : 106
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Book Description
Many governments rely on oil companies to efficiently exploit natural resources. Governments have the challenging task of deciding which companies should be awarded exclusive rights to explore, develop, and produce their petroleum resources, and on what conditions such rights should be awarded. This paper analyzes the available evidence on the advantages and disadvantages of various systems used by petroleum-producing countries to allocate petroleum exploration, development, and production rights, and considers the policy implications of each system. The experience of six petroleum-producing countries is presented in detail, and numerous other examples are provided to derive lessons of wider applicability. The paper presents various conclusions for policy makers about the optimal design of allocation systems.
Author: Silvana Tordo
Publisher: World Bank Publications
ISBN: 9780821381670
Category : Business & Economics
Languages : en
Pages : 106
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Book Description
Many governments rely on oil companies to efficiently exploit natural resources. Governments have the challenging task of deciding which companies should be awarded exclusive rights to explore, develop, and produce their petroleum resources, and on what conditions such rights should be awarded. This paper analyzes the available evidence on the advantages and disadvantages of various systems used by petroleum-producing countries to allocate petroleum exploration, development, and production rights, and considers the policy implications of each system. The experience of six petroleum-producing countries is presented in detail, and numerous other examples are provided to derive lessons of wider applicability. The paper presents various conclusions for policy makers about the optimal design of allocation systems.
Author: Michael Bunter
Publisher: Kluwer Law International B.V.
ISBN: 9041117121
Category : Law
Languages : en
Pages : 410
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Book Description
This detailed work is based on more than ten years experience in conducting tenders for the licensing of petroleum prospective acreage on behalf of a number of sovereign governments in Europe, Africa and the former Soviet Union. It explains the processes of licensing from the points of view of the two main protagonists, the government bodies and the international oil companies. The book also gives due prominence to the interests of the host communities and to the environment, as well as to the neighbouring states and the other participants who may be affected by the licensing process. In the modern world petroleum licensing takes place in the full glare of attention from the press and from public opinion. This work breaks new ground in recommending ways in which government and the oil companies may devise best practice in licensing to serve the interest of all parties and also an ethical business environment.
Author: Silvana Tordo
Publisher: World Bank Publications
ISBN:
Category : Petroleum
Languages : en
Pages : 128
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Book Description
The paper aims to provide practical information to policy makers on the advantages and disadvantages of various practices used by petroleum producing countries to allocate exploration, development, and production rights.
Author: Tina Hunter
Publisher: Edward Elgar Publishing
ISBN: 1783470119
Category : Business & Economics
Languages : en
Pages : 416
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Book Description
This discerning and comprehensive work will be a useful entry point for students embarking on study in petroleum law. Academics will find this timely examination to be an indispensible overview of upstream operations. Practitioners will find this book
Author: Keith W. Blinn
Publisher:
ISBN:
Category : Concessions
Languages : en
Pages : 486
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Book Description
Author: Nadine Bret-Rouzaut
Publisher: Editions TECHNIP
ISBN: 2710809753
Category : Business & Economics
Languages : en
Pages : 328
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Book Description
With contributions by D. Babusiaux (IFP Energies nouvelles), S. Barreau (IFP Energies nouvelles), P.-R. Bauquis (Total), N. Bret-Rouzaut (IFP Energies nouvelles), A. Chétrit (Total), P. Copinschi (IFP Energies nouvelles), J.-P. Favennec (IFP Energies nouvelles), R. Festor (Total), E. Feuillet-Midrier (IFP Energies nouvelles), M. Grossin (Total), D. Guirauden (Beicip), V. Lepez (Total), P. Sigonney (Total) et M. Valette (Total). The first edition of this book has been selected for inclusion in Choice’s annual Outstanding Academic titles list. It has been rewarded for its excellence in scholarship and presentation, the significance of its contribution to the field, and its value as important treatment of the subject. The steps that lead to the production of oil and gas are diverse, complex and costly. They are diverse because the detection of oil and gas involves input from many specialties, ranging from geology to reservoir engineering. They are complex, as shown by the development of the job of the petroleum architect, who coordinates all the operations. They are costly, as the investments for exploration and production represent more than half of all investments in the oil and gas sector. Moreover, exploration is a risky activity, both from the technical and financial viewpoint: only one well in five produces marketable oil. Meanwhile, the areas for exploration and production are spread throughout the world. This book provides a complete overview of the stakes and challenges involved in oil and gas exploration and production. Following a historical review and a survey of the markets, the technical phases are covered, as are the evaluation of reserves, the estimation of investments and costs, the decision-making and control processes, and the accounting, legal and contractual environment for these activities. The book concludes with a discussion of the role of safety, and of environmental and ethical issues. This work, which is designed for readers concerned with the various aspects of the oil and gas upstream sector, is accessible to all. This second edition takes into account the huge changes in the oil and gas industry, particularly the large increases in oil prices, investments and costs observed since the first edition. This book is available in French under the title "Recherche et production du pétrole et du gaz". Contents : 1. Petroleum: a strategic product. 2. Oil and gas exploration and production. 3. Hydrocarbon reserves. 4. Investments and costs. 5. Legal, fiscal and contractual framework. 6. Decision-making on exploration and production. 7. Information, accounting and competition analysis. 8. Health, safety, the environment, ethics. Bibliography. Glossary. Index.
Author: Denis Babusiaux
Publisher: Editions TECHNIP
ISBN: 9782710808930
Category : Business & Economics
Languages : en
Pages : 344
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Book Description
The steps that lead to the production of oil and gas are diverse, complex and costly. They are diverse because the detection of oil and gas involves input from many specialties, ranging from geology to reservoir engineering. They are complex, as shown by the development of the job of the petroleum architect, who coordinates all the operations. They are costly, as the investments for exploration and production represent more than half of all investments in the oil and gas sector. Moreover, exploration is a risky activity, both from the technical and financial viewpoint: only one well in five produces marketable oil. Meanwhile, the areas for exploration and production are spread throughout the world.
Author:
Publisher: The Oil & Gas Year Limited
ISBN: 1783021845
Category : Business & Economics
Languages : en
Pages : 169
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Book Description
As oil prices stabilise at more favourable levels for the industry, Oman is quickly forging ahead with the launch of several energy infrastructure developments, from upstream to downstream, including the Khazzan tight gas project and Duqm Refinery. In The Oil & Gas Year Oman 2018, leading executives and policymakers share their perspectives on the reactivation of the industry, the impact and implications of the Fourth Industrial Revolution, the role of local companies in continued efforts to expand into value-added products and services and the organisational restructuring of a number of the industry’s flagship entities. Comments from participants in The Oil & Gas Year Oman 2018 Strategic Roundtable are also featured in this edition. The event convened top leaders to discuss the most pressing challenges to the industry in light of recovering oil prices and the impact of automation and digitalisation of oil and gas operations. As the country embarks on initiatives to further strengthen its energy infrastructure and attract more investment from national and foreign sources, The Oil & Gas Year Oman 2018 offers unparalleled analysis of principal trends in the Omani industry.
Author: Donald N. Zillman
Publisher: OUP Oxford
ISBN: 0191008257
Category : Law
Languages : en
Pages : 536
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Book Description
While energy has been extracted from the ground for two centuries, recent years have seen transformative changes to how easy it is to access underground energy resources. This book investigates the key challenges and legal consequences of recent developments in the use of the subsurface as a source of energy. It provides a comprehensive analysis of the new technologies that have made this possible, such as the extraction of unconventional oil and gas resources through horizontal drilling and hydraulic fracturing, also known as fracking. Further developments include the expanded use of geothermal energy, which has the potential to beome a major renewable energy source. The subsurface can also be utilised for long-term disposal or storage of environmentally harmful by-products of energy use, such as carbon capture and storage (CCS), and disposal of spent nuclear fuel and other nuclear waste. Successful development of these technologies could enhance the use of fossil and nuclear energy by reducing the harm caused by the release of greenhouse gases and harmful radiation. The authors bring together a wide variety of expertise and knowledge to examine the legal implications of the development and control of these underground activities. They provide an invaluable understanding of the legal frameworks applicable to the extraction of underground energy, both at the international level and in a number of important national jurisdictions. Importantly, the book analyses the different regulatory responses to these developments across five continents, and assesses in detail the environmental impact of new energy extraction technologies.
Author: Claude Duval
Publisher:
ISBN: 9780890690499
Category : Concessions
Languages : en
Pages : 448
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Book Description
