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Understanding Joint Operating Agreements
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; enforceability of JOAs and understanding decommissioning obligations. The second part focusses 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 analysing all of these key practical issues faced by oil and gas companies in different parts of the world in negotiating and implementing a JOA in a single book publication.
| Type of product | Book |
|---|---|
| Format | Hardback |
| EAN / ISSN | 9781780684116 / 9781780684536 |
| Weight | 845 g |
| Status | Available |
| Number of pages | xvi + 402 p. |
| Access to exercice | No |
| Publisher | Intersentia |
| Language | English |
| Publication Date | Nov 18, 2016 |
| Available on Jurisquare | No |
| Available on Strada Belgique | No |
| Available on Strada Europe | No |
| Available on Strada Luxembourg | No |
Downloads
- Table of Contents
- Introduction
- Part I. Considerations Prior to Entering Into a JOA
- Bribery Laws and Compliance
- The Relationship with Other Joint Venture Agreements
- Unitisation and Unit Operating Agreements
- Key Issues Relating to JOAs in Civil Law Countries
- The Relationship Between a JOA and a Host Government Instrument
- Decommisioning Obligations, Practices and Procedures
- Standards and Practices in JOAs Across the Petroleum Industry
- Modifying the Standard JOA to Accommodate Unconventional Petroleum Projects
- Part II. Setting Up a JOA
- The Scope of the JOA
- Addressing Health, Safety and Environment Matters
- Insurance: What Should Be Insured, Who Should Be Liable for It and to What Extent?
- Transfer of Interest and Change of Control in JOAs
- Governing Law and Dispute Resolution Clauses in JOAs
- The Challenges of Implementing an Exclusive Operation
- Authorising Work and Contracts: How is the North American System Unique?
- Making the Default Mechanism Fair and Enforceable
- The Relationship and Challenges between a Third Party Operator, the Joint Operating Company and JOA
- Accounting Procedure: Can the Operator Make a Profit? How Can the Non-Operator Control the Costs of the Consortium?
- Senior Supervisor, Financial Cap and Other Restrictions on the Operator's Liabilities and their Implications
- Secondment and the Project Team: A Positive Mechanism to Support the Operator or an Effective Tool to Control the Operator?