Abstract

Joint Operating Agreements in the International Oil & Gas Industry: ICC Arbitral Awards

Tim Martin, John Gilbert and Martin Gusy

English

Joint Operating Agreements are the most significant contracts used in the upstream business by oil and gas companies. They are a major source of commercial disputes in the industry, which have far reaching effects. This article describes the kinds of issues that are commonly disputed in JOAs, with an analysis of ICC Awards that have dealt with these disputed issues.