United Kingdom Oil & Gas Law

The historical development of the industry in the UK. The different roles of Government and the oil companies. Every phase of offshore operations - exploration, development, production and decommissioning and disposal of petroleum, including natural gas, in the recently liberalised market. The legal and commercial consideration of financing such operations. Applicable environmental and planning constraints. The various forms of UK taxation of the oil industry and other financial concerns such as royalties, rating, VAT, customs duties and direct government assistance. Documents and memoranda necessary for proper understanding of the infrastructure of the industry and certain government policies.