Analysis of key upstream contracts: production sharing agreements and the joint operating agreements

Speaker: Paul Deemer (Vinson & Elkins)
Chair: Dr Danae Azaria (University College London)
Series: Energy Law Seminar Series

About the seminar

This seminar would include a discussion of the distinctions between Production Sharing Contracts, Licences and Concessions, U.S. petroleum leases and Risk Service Contracts.  There would also be an analysis of Joint Operating Agreements and their relationship to basic concession/PSA documents.  Other similar contracts such as bidding agreements, joint study agreements, areas of mutual interest, unitisation (and pre-unitisation) agreements will also be considered.  Different approaches to regulating and standardising these contracts will be discussed.

About the speaker

Paul Deemer is a partner of Vinson & Elkins RLLP, an international law firm, and is based in the firm’s London office.  Paul’s practice is focused on international mergers and acquisitions and on the development and financing of international energy projects.  He has worked extensively on international oil and gas projects, including the acquisition and disposal of oil and gas assets and companies owning those assets, cross-border oil and gas pipeline projects, and LNG and electric power projects in Europe, Asia, the FSU, and the Middle East. He has represented developers as well as multilateral lenders on international energy project financings.  Paul has been based in the firm’s London, Moscow and Beijing offices since 1979, and has served as managing partner of each of those offices.  He was resident in the Beijing Office from 1997-1999 and from 2002 to 2013.