Coursework Assignment Brief Module Title: Legal Aspects of Oil and Gas Industry Programme BSc (Honours) Oil & Gas Management Level: Level 5 Format: Essay Presentation: No Any special requirements: Word Limit: 2,500 words (with 10% plus or minus leeway) Deadline date for submission: Friday 14th July 2015 Learning outcomes to be examined in this assessment (please note that this is NOT the assessment task) • Demonstrate a good understanding of the substantive rules of International law applicable to the oil and gas industry • Evaluate the key principles of contract formation in International commercial transactions and key international law principles and trends in the oil and gas sector • Assess the effectiveness of international law in addressing the environmental impact of oil exploration and exploitation • Demonstrate a critical understanding of the importance of oil and gas law as a distinct subject, studied in a practical and commercial context. Knowledge and understanding: Demonstration of detailed knowledge of the legal framework of oil and gas industry and the implications of national, regional and international law. Cognitive/intellectual skills: Ability to analyse a range of information and to synthesise ideas, selecting appropriate techniques of evaluation. Key/Transferable skills: Ability to manage information towards a given purpose and understand the relevance in the analysis of legal problems. Page 2 of 5 Practical skills: Ability to apply given techniques to the solution of particular problems. Percentage of marks awarded for module: This assignment is worth 50% of the total marks for the module Assessment criteria Explanatory comments on the assessment criteria Maximum marks for each section Content, style, relevance, originality Clear demonstration of rigorous research from recognised authoritative sources. Audience focus. 50% Format, referencing, bibliography Rigorous use of the Harvard Methodology for citation and referencing; page numbering; correct display of direct quotations. 10 % Constructive critical analysis, introduction, conclusion Demonstration of a clear understanding of the issues. Use of academic models. 40% Assignment Task "Discoveries of oil and gas generate much excitement and great effort is put into understanding technical, commercial and legal aspects of field development. In fact however the first challenges to governments are negotiation challenges." Examine and evaluate the key areas and features that governments should focus on during their negotiation process and in the drafting of contracts with the International Oil Companies. Total marks for assignment: 100