ABSTRACT

This book provides a comprehensive overview of the key aspects and contracts involved in the process of developing oil and gas projects, with an emphasis on offshore developments.

Project development in oil and gas carries with it numerous unique risks and challenges. By identifying and managing risk through the various contract stages, each stage of the project is seen in perspective and therefore gives readers a better understanding of how that stage was arrived at and what is expected to come later. To do this, the authors use illustrative international case studies from past and current projects, thereby deepening the reader’s understanding and awareness of risk from practical experience, as well as suggesting answers for those who are involved in developing oil and gas projects.

The Application of Contracts in Developing Offshore Oil and Gas Projects is intended for project owners, project managers, contractors, finance managers, commercial managers and lawyers who seek to understand the subject from a practical point of view.

chapter Chapter 1|16 pages

Introduction

chapter Chapter 2|8 pages

Project participants

chapter Chapter 3|10 pages

Project identification

chapter Chapter 4|18 pages

Feasibility studies

chapter Chapter 5|15 pages

Contract strategy

chapter Chapter 7|9 pages

Contracts for oil and gas projects

chapter Chapter 9|14 pages

Basic engineering

chapter Chapter 10|9 pages

Detailed design

chapter Chapter 11|8 pages

Procurement

chapter Chapter 12|16 pages

Construction

chapter Chapter 13|6 pages

Commissioning and start-up

chapter Chapter 14|29 pages

Risk allocation and insurance

chapter Chapter 15|5 pages

Project performance review

chapter Chapter 16|21 pages

International contracting

chapter Chapter 17|8 pages

Managing risk

chapter Chapter 18|5 pages

Variations

chapter Chapter 19|17 pages

Economic duress 1

chapter Chapter 21|9 pages

Decommissioning