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Assignment Task

Introduction

  • The essay should be well structured with Headings, Subheadings, well paragraphed, with each paragraph flowing to the next.

  • For this Essay, we would be comparing Angola to the UK’s oil and Gas regime. Discussing the ownership of OIL and GAS in both countries.

  • When discussing the UK’s regime writer should take note of private ownership, licensing regimes, royalty and taxes, joint venture, regulatory oversight, open market approach, local content, and decommissioning.

  • When discussing Angola attention should be given to state-owned oil company, Sonangol. Highlight the historical context and legal frameworks that govern ownership in Angola, including the Petroleum Activities Law and Production Sharing Agreements.

  • Discuss Onshore vs. Offshore Resources the geological and technical differences between these two types of resources and the distinct challenges they pose in terms of ownership and exploitation. For example, onshore resources may have a more direct impact on local communities, while offshore resources often involve more complex international agreements.

  • Highlighting Differences by discussing the challenges in regulating onshore resources in a developing country like Angola, such as land rights, environmental concerns, and social issues. Explore the complexities of offshore resource ownership, including maritime boundaries, international agreements, and disputes over offshore drilling rights.

  • Comparison with the UK: Compare Angola's ownership regime with that of the United Kingdom. The UK, as a developed country, has a well-established oil and gas industry. Analyse the differences in regulatory frameworks and government involvement between the two countries.

  • Case Studies and Examples: Provide specific case studies and examples to illustrate the concepts you're discussing. For Angola, you can discuss the development of Deepwater.

 

Question

  1. Critically discuss the concept of ownership of oil and gas resources and highlight the differences between onshore and offshore resources. briefly compare the uk’s regime with that of any other country of your choice with a different regime. refer to relevant sources, examples and case law?

 

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  • Uploaded By : Brayden
  • Posted on : January 05th, 2024

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