Oil and Gas Industry

A Comprehensive Step-by-Step Guide to Filing, Registration, and Reporting Obligations Under Downstream Oil

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Introduction to Downstream Oil Obligations The downstream oil sector encompasses a variety of operations that follow the extraction and initial processing of crude oil. These operations primarily include refining, distribution, and retailing of petroleum products. Refining is the process that converts crude oil into various products, such as gasoline, diesel, and jet fuel, while distribution … Read more

Analyzing Penalties and Enforcement Trends Under Petroleum Concessions in Abu Dhabi: A Focus on Model Terms, Local Content, and HSE Compliance

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Introduction to Petroleum Concessions in Abu Dhabi Pertaining to the oil and gas sector of the United Arab Emirates (UAE), petroleum concessions in Abu Dhabi serve as pivotal contracts that afford companies the rights to explore, produce, and develop oil and gas resources. These agreements represent a critical mechanism by which the Emirate allows foreign … Read more

A Comprehensive Guide to Petroleum Concessions in Abu Dhabi: Model Terms, Local Content, and HSE Compliance

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Introduction to Petroleum Concessions Pertaining to the exploration and production of hydrocarbons, petroleum concessions play a critical role within the oil and gas industry, particularly in Abu Dhabi. Defined broadly, petroleum concessions are agreements between governments and international oil companies (IOCs) that grant the latter the rights to explore and extract oil and gas resources. … Read more