The Upstream Government Petroleum Contract in its many forms is the vehicle for some of the most significant outlays of risk capital occurring anywhere in the world at any given time.
Yet there are very few comprehensive published sources of information regarding the origins, design, drafting or interpretation of these important contracts. This work, presented by the Global Energy Practice of King & Spalding LLP, is a practical resource for international oil and gas attorneys, commercial advisors, and other industry professionals who must understand and negotiate these contracts.
This book explains the basic forms of the Government Petroleum Contract, the commercial context for those forms, and delivers meaningful analysis of key terms found in those contracts, with the understanding that the market is constantly evolving.
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