The Faculty is pleased to announce that Mr. Paul Deemer will give a lecture on Model Petroleum Contracts: Drafting and Working with Contracts Frequently used in the Energy Industry.
The lecture will start with a discussion of the key types of contracts and licences/permits used by the parties to structure a typical energy project, including petroleum licences, Production Sharing Contracts and Joint Operating Agreements. The lecture will cover the development of “model forms”, including government and industry forms. As an example, there will be a discussion of how industry groups such as the AIPN (internationally) and the AAPL (in the US) have developed forms of agreements, and whether this has helped or hindered the efficient structuring of energy projects and a fair allocation of risks and rewards. There will be a discussion of the key industry forms, including the AIPN JOA, and cover the provisions that have been most problematic, cases interpreting those provisions, and industry efforts to clarify and improve the forms.
Date: 28 & 29 October 2019 (Monday and Tuesday)
Time: 1:00 pm – 2:30 pm
Venue: Moot Court, The CUHK Graduate Law Centre (GLC)
About the speaker:
Mr. Paul Deemer is a Retired Partner in Residence at Vinson & Elkins (V&E). Mr. Deemer practiced for more than 40 years, most recently in the Energy Transactions and Projects area in V&E London Office, before retiring from the partnership at the end of 2018. He has worked extensively on international oil and gas projects, including the acquisition and disposal of oil and gas assets (and companies owning those assets), cross-border oil and gas pipeline projects, and LNG and electric power projects in Europe, Asia, the FSU, and the Middle East.