Master of Laws - International Oil and Gas Law and Policy
In this course, students will learn how governments regulate the oil industry. Students will study the rules and regulations set out by producer governments dealing with oil and gas investors, and how the concerns of investors are dealt with.
Students will examine the nature of the right to petroleum in the ground onshore and offshore, and the different ways in which governments can transfer or share the petroleum right with investors. Students will also learn about:
- comparing the legal structure of each transfer and its practical result
- risk sharing mechanisms amongst investors
- how a government enforces its policy goals – depletion, safety, and environmental protection
- the contractual matrix surrounding oil and gas production projects
- the tax structures for resource and corporate taxes
- the fundamentals of petroleum economics and the influence of changing oil prices
- the nature of decommissioning installations and paying for decommissioning
Teaching
Dundee university will be taught through a mixture of lectures, tutorials and seminars.
Assessment
Dundee use a variety of assessment styles including:
- individual essays
- practical assignments
- exams
- group exercises
- peer group assessment
- a dissertation on a topic of your own choice
Dissertations can be very diverse, and include formal hypothesis-led research projects, theory or literature-based projects, case-study assessment and advanced professional practice evaluations. Your choice of dissertation is negotiated between you and your academic supervisor.
In terms of overall assessment the 180 credits for the course comprises of 140 credits from modules (7 x 20 credits) and 40 credits for the dissertation.
Core Modules
These modules are an essential part of your course.
- International Petroleum Law and Policy (by Distance Learning) (CP50005)
- Mineral and Petroleum Taxation (by Distance Learning) (CP50006)
- Petroleum Policy and Economics (by Distance Learning) (CP50007)
- National and Comparative Oil and Gas Law by Distance Learning (CP50049)
- International Petroleum Law and Policy (CP51005)
- National and Comparative Oil and Gas Law (CP51039)
- International Mining Transactions and ESG Standards (CP53002)
- Water Law (LW52141)
Careers
for International Oil and Gas Law and Policy LLM
You could go on to work in:
- international and national oil and gas companies
- government policy development
- tax authorities
- regulators and regulatory compliance
- international organisations and non-governmental organisations
- banks and insurance
- law firms and advisory firms
Entry requirements
Graduate Entry
An honours degree in Law, Economics, Finance, Geology, Petroleum, or Mining Engineering at lower second class or above
Consideration will also be given to applicants with other academic backgrounds who explain clearly their motivation for undertaking the relevant LLM, outlining any relevant legal work experience
Consideration will also be given to applicants with other academic backgrounds who explain clearly their motivation for undertaking the relevant LLM, outlining any relevant legal work experience
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