Training Details
Give your career in the energy sector a step up. Gain a comprehensive overview of the complex contractual and commercial aspects of decommissioning.
As UK and other offshore basins mature and industry activity evolves, decommissioning existing infrastructure is creating new career opportunities in a market estimated at £30-50bn.
Enhance your skills in this rapidly developing area and advance your career as an ambitious industry or legal professional. Study flexibly online with a University proud of an unrivalled reputation in energy and law.
Part of our unique Masters in Decommissioning, this course allows you to access our expert teaching and strong links with industry and regulators, wherever you’re based.
What will I study?
This course will give you a comprehensive overview of the contractual and commercial issues that arise when decommissioning offshore installations.
You’ll use the UK as an example to consider the commercial context for decommissioning, in light of the MER UK strategy – Maximising the Economic Recovery of hydrocarbons. You’ll consider the supply chain and the perspectives of the operator and contractors.
Focusing on contracts, you’ll cover key contractual clauses and how risk is allocated. You’ll examine innovative and alternative contracting models, including turnkey and campaign contracting strategies.
You’ll also look at decommissioning costs, including:
- the tax implications of decommissioning
- tax stability
- portability of tax history
- decommissioning cost deeds
- the interaction between decommissioning and the law of insolvency.
Course Content
Comprehensive overview of the contractual and commercial issues
Tax implications of decommissioning
Tax stability
Portability of tax history
Decommissioning cost deeds
The interaction between decommissioning and the law of insolvency
Key contractual clauses and how risk is allocated
Innovative and alternative contracting models
What will I study?
This course will give you a comprehensive overview of the contractual and commercial issues that arise when decommissioning offshore installations.
You’ll use the UK as an example to consider the commercial context for decommissioning, in light of the MER UK strategy – Maximising the Economic Recovery of hydrocarbons. You’ll consider the supply chain and the perspectives of the operator and contractors.
Focusing on contracts, you’ll cover key contractual clauses and how risk is allocated. You’ll examine innovative and alternative contracting models, including turnkey and campaign contracting strategies.
You’ll also look at decommissioning costs, including:
the tax implications of decommissioning
tax stability
portability of tax history
decommissioning cost deeds
the interaction between decommissioning and the law of insolvency.
Contact Information
Aberdeen
Aberdeen City
AB24 3FX
United Kingdom
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