Open AccessAspects of International Petroleum Agreements
Author(s) -
Don Greenfield,
Bob Rooney
Publication year - 1999
Publication title -
alberta law review
Language(s) - English
Resource type - Journals
eISSN - 1925-8356
pISSN - 0002-4821
DOI - 10.29173/alr526
Subject(s) - force majeure , sample (material) , work (physics) , petroleum , inclusion (mineral) , business , point (geometry) , international trade , law and economics , economics , political science , law , sociology , engineering , geology , mechanical engineering , gender studies , paleontology , chemistry , geometry , mathematics , chromatography
The authors consider the inclusion of four types of provisions in international petroleum agreements: frameworks for appraisal determining commerciality, minimum work commitment sections, force majeure clauses and provisions for international dispute resolution. In discussing each of these areas, the authors include sample clauses and consider issues that may impact on the of such clauses, from the point of view of international oil companies and host countries.