Evaluate the key principles of contract formation

Evaluate the key principles of contract formation in international commercial transactions and key international law principles and trend in the oil and gas sector

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Legal Aspects of Oil & Gas Industry

Learning Outcomes

1. Evaluate the key principles of contract formation in international commercial transactions and key international law principles and trend in the oil and gas sector

Assignment Task

“The extent of contractual relationship between host governments and international oil companies, is unfortunately, not very clear so as to spell out, exactly who has the ‘edge’ in terms of bargaining power in an E & P contract.”

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