CML Seminar Series: Standardisation of Oil & Gas Law: The Emergence of Transnational Layers of Governance?

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The legal framework governing the exploration for, development, and production of oil and gas in the world today has become increasingly complex. It covers a wide range of areas of the law (including public, administrative, public international law, commercial and contract law as well as the law specifically designed to govern oil and gas operations), legal arrangements between states and international oil companies (IOCs) (such as concessions/licences, production sharing, risk service and ‘hybrid’ contracts), commercial and contractual arrangements between oil and gas companies (such as joint operating, unitisation, farm-out agreements etc.), industry standards and codes adopted within the industry, usages and customs, codes of conduct adopted by international organisations.

This Seminar will explore the question of whether the ways in which the oil and gas transactions are governed around the world today have been standardised to such a degree that it is now possible to claim that we are witnessing the emergence of transnational oil and gas law. Arguably, this phenomenon can be seen on a number of different, but inter-related, levels that include: ‘standardisation’ and ‘internationalisation’ of domestic laws governing the exploration for and production of petroleum; the use of similarly structured transactions in commercial dealings; increadingly uniform ways of conceptualising legal and commercial issues evidenced by wide acceptance of model contracts; a potentially significant role of industry ‘usgaes’ and ‘practices’; ‘internationalisation’ of contracts between host states and international companies.

Professor Djakhongir Saidov, a Professor of Commercial Law at the Dickson Poon School of Law, King’s College London, will be presenting the Seminar. His expertise and interests lie in international commercial law and the law governing international oil and gas operations.

1600      Registration
1630      Introduction and Start of Seminar
1730      Break
1745      Discussion
1830      End of Event

Interested parties may wish to register online HERE. For more information, please click HERE.

Additional Details

Contact Person - Ms. Jothi

Contact Number - +65 6516 1305

Organizer - Centre for Maritime Law


Date And Time

19 Aug 2015 @ 04:00 PM

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