[en] Oil and Gas Law ; Production Sharing Agreement and Licences
[en] Considers possible reasons why some states prefer production sharing agreements (PSAs), some prefer licences and others prefer a combination of the two when developing their oil and gas resources. Outlines key distinctions between the mechanisms and how the choice of approach may be influenced by factors including: (1) whether a state is developed or developing; (2) the duration of the exploration; (3) whether flexibility is required; (4) the investment risk; (5) the degree of regulatory measures involved; and (6) levels of competition
University of Aberdeen, Scotland, United Kingdom
Self-funded
Researchers ; Professionals ; Students ; General public ; Others