A look back at the previous edition: „A preview of the Joint Enterprise Agreement (JAA) that is so integral to energy projects around the world.“ This fourth edition of the Leading Work on Joint Enterprise Agreements (JOA) provides a practical analysis of the provisions of a typical JOA, with a particular focus on critical issues of scope, operator role, joint and exclusive transactions, payment delays, transfers and decommissioning. There is also a practical analysis of the key issues that apply to the operation of the JOA and the positions taken in the major formality contracts of the sector. The outlook for the operator and non-operator is discussed, as is the consideration of national and international standards for oil projects. This publication contains a detailed analysis of joint operating agreements (JOA), agreements relating to the operation of similar units and agreements, based on forms often used in different legal systems, common changes to these forms and justifications for these changes, as well as cases and secondary raw materials for the interpretation of common enterprise agreements. Common enterprise agreements are one of the most common and important types of upstream oil and gas agreements. Although JOAs deal with similar problems around the world, the way these problems are dealt with can vary depending on skill and form. Through the overall approach of the JOAs, this publication will help to understand these agreements in general, the conditions of a certain JOA, how and why parties in other jurisdictions can see a project differently, and to find creative cross-cultural solutions for common issues related to the JOA. The JOA Treaty is not outdone by other publications and features: Full coverage of issues of great geographical attraction. A review of how counterparties can consider certain clauses and creative ways to resolve the problems encountered in negotiating an JOA and managing a reached agreement. Quotes on forms, cases and secondary raw materials, which serve as a reference for other studies.
Note that this publication was originally published by the Institute for Energy Law of the Center for American and International Law and has been verified by experts. David Sweeney is an oil and gas lawyer with energy experience in more than 30 countries. He has worked for his clients as an external advisor, in-house legal officer, compliance officer, feldlandmann and trade negotiator, and is an author and speaker on oil and gas issues.