As certain oil and gas provinces near the end of their production lives, companies, governments and other stakeholders are turning their attention to decommissioning. The price of disposing of oil and gas installations is enormous. Yet the costs of getting it wrong can be even greater. Part A of this fully updated second edition looks at decommissioning and the oil and gas life cycle. Part B contains chapters on decommissioning and international law. Part C focuses on decommissioning in the North Sea and contains chapters on government policy, environment law, offshore contracting, health and safety, financial and technical issues, further examined using a case study from a completed North Sea decommissioning project. Part D provides an international comparative analysis, with new chapters on Denmark, Namibia, Netherlands and New Zealand. As well as decommissioning professionals, this title will be of interest to oil and gas executives, lawyers, environmental consultants, tax advisers, accountants, insurers, investment bankers, academics and other professionals connected to the oil and gas industry.
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Preface 5 Callum Falconer Marathon Oil Decommissioning Services LLC Part A: Decommissioning and the offshore oil and gas life cycle Decommissioning and the offshore oil and gas life cycle 7 Callum Falconer Chris Wicks Marathon Oil Decommissioning Services LLC Part B: International legal frameworks UN law on decommissioning offshore installations 21 Leon Moller Robert Gordon University OSPAR's decommissioning policy 33 Luisa Rodriguez-Lucas OSPAR Commission Part C: Decommissioning in the UK North Sea Introduction to UK petroleum law and practice 45 Nicholas Antonas Marc Hammerson Akin Gump Strauss Hauer & Feld LLP Decommissioning reform in UKCS 67 Jill Reid Maclay Murray & Spens LLP Decommissioning and the joint operating agreement 73 Nicholas Ross-McCall CMS Cameron McKenna Decommissioning security 87 Judith Aldersey-Williams CMS Cameron McKenna International taxation 99 Robert Hodges EY Environmental law 117 Alexandra Gordon Adam Hedley Nicholas Rock Reed Smith LLP Maricela Robles HP Inc Decommissioning contracts 141 Simon Moore Stephenson Harwood LLP Health and safety during decommissioning 151 John Paterson University of Aberdeen Decommissioning disputes 177 Michael Davar Ben Holland Squire Patton Boggs Part D: International trends and developments Angola 225 Rui Mayer Bruno Neves de Sousa Cuatrecasas, Gonçalves Pereira João Oliveira BP Australia 239 Sam MacGibbon Minter Ellison Brazil 275 Eduardo G Pereira University of Eastern Finland; Morais Leitão, Galvão Teles, Soares da Silva (MLGTS) Canada 287 Alan Harvie Norton Rose Fulbright Canada LLP Denmark 301 Clara Greve Brett Laurits Schmidt Christensen Accura Indonesia 315 Irina Akentjeva Herbert Smith Freehills Mira Fadhya Hiswara Bunjamin & Tandjung Jessica Raza Axiom Global Ltd Malaysia 333 Faizah Jamaludin Skrine Mexico 351 Iván Aleksei Alemán Loza Aleman y Asociados, S.C. Energy & Financial Legal Strategies Namibia 359 Leon Moller Robert Gordon University New Zealand 373 Sean Rush Spindletop Law Limited Nigeria 387 Oluwadare Agbelese Folake Elias-Adebowale Franklin Onwuzu Sally Udoma Udo Udoma & Belo-Osagie Norway 401 Erlend B Bakken Michelet & Co Merete Kristensen Karl Erik Navestad Arntzen de Besche United States 415 Eduardo Canales Steven P Otillar Akin Gump Strauss Hauer & Feld LLP About the authors 447