Common disputes in oil and gas industry and the ADR process

The offshore petroleum projects involve broad of variety contracts entered by multiple parties to operate complex, expensive and high-risk activities. In this regards, the oil and gas sector has its own unique features in doing business. For instance, the oil and gas contracts re-allocate risk which...

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Main Authors:	Wan Zahari, Wan Mohd Zulhafiz, Mohamed, Nurah Sabahiah
Format:	Conference or Workshop Item
Language:	English
Published:	Ahmad Ibrahim Kulliyyah of Laws (AIKOL), International Islamic University Malaysia 2017
Subjects:	K Law (General)
Online Access:	http://irep.iium.edu.my/58017/ http://irep.iium.edu.my/58017/ http://irep.iium.edu.my/58017/13/58017-edited.pdf

id	iium-58017
recordtype	eprints
spelling	iium-580172017-08-18T03:25:08Z http://irep.iium.edu.my/58017/ Common disputes in oil and gas industry and the ADR process Wan Zahari, Wan Mohd Zulhafiz Mohamed, Nurah Sabahiah K Law (General) The offshore petroleum projects involve broad of variety contracts entered by multiple parties to operate complex, expensive and high-risk activities. In this regards, the oil and gas sector has its own unique features in doing business. For instance, the oil and gas contracts re-allocate risk which may seem vivid to outsiders but seems perfectly reasonable for the industry. It also has its own outlooks on dispute resolution. The parties in the oil and gas industry prefer to opt for alternative dispute resolution (ADR) processes rather than litigation. ADR refers to all means of dispute settlement other than litigation such as negotiation, mediation, adjudication, and arbitration. This paper also discusses common disputes in the oil and gas industry such as the litigation arose from the Deepwater Horizon case (it also known as Macondo case) which happened in the Gulf of Mexico in 2010. Subsequently, this paper examines the ADR processes in the oil and gas industry. On this point, this paper argues that, due to the complexity and technicalities of operations in the oil and gas sector, there is a need to set up a particular arbitration centre to handle and resolve the disputes. In doing so, a special legal framework is needed to establish a special centre for oil and gas as a roadmap for the industry key players in resolving their dispute. The methodology employed in this research will be a comparative analysis which will be carried out in a descriptive, analytic and prescriptive manner. Ahmad Ibrahim Kulliyyah of Laws (AIKOL), International Islamic University Malaysia 2017 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/58017/13/58017-edited.pdf Wan Zahari, Wan Mohd Zulhafiz and Mohamed, Nurah Sabahiah (2017) Common disputes in oil and gas industry and the ADR process. In: International Conference on Dispute Resolution 2017 (ICDR 2017), 9th-10th August 2017, Kuala Lumpur, Malaysia. https://icdr2017.org/
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	K Law (General)
spellingShingle	K Law (General) Wan Zahari, Wan Mohd Zulhafiz Mohamed, Nurah Sabahiah Common disputes in oil and gas industry and the ADR process
description	The offshore petroleum projects involve broad of variety contracts entered by multiple parties to operate complex, expensive and high-risk activities. In this regards, the oil and gas sector has its own unique features in doing business. For instance, the oil and gas contracts re-allocate risk which may seem vivid to outsiders but seems perfectly reasonable for the industry. It also has its own outlooks on dispute resolution. The parties in the oil and gas industry prefer to opt for alternative dispute resolution (ADR) processes rather than litigation. ADR refers to all means of dispute settlement other than litigation such as negotiation, mediation, adjudication, and arbitration. This paper also discusses common disputes in the oil and gas industry such as the litigation arose from the Deepwater Horizon case (it also known as Macondo case) which happened in the Gulf of Mexico in 2010. Subsequently, this paper examines the ADR processes in the oil and gas industry. On this point, this paper argues that, due to the complexity and technicalities of operations in the oil and gas sector, there is a need to set up a particular arbitration centre to handle and resolve the disputes. In doing so, a special legal framework is needed to establish a special centre for oil and gas as a roadmap for the industry key players in resolving their dispute. The methodology employed in this research will be a comparative analysis which will be carried out in a descriptive, analytic and prescriptive manner.
format	Conference or Workshop Item
author	Wan Zahari, Wan Mohd Zulhafiz Mohamed, Nurah Sabahiah
author_facet	Wan Zahari, Wan Mohd Zulhafiz Mohamed, Nurah Sabahiah
author_sort	Wan Zahari, Wan Mohd Zulhafiz
title	Common disputes in oil and gas industry and the ADR process
title_short	Common disputes in oil and gas industry and the ADR process
title_full	Common disputes in oil and gas industry and the ADR process
title_fullStr	Common disputes in oil and gas industry and the ADR process
title_full_unstemmed	Common disputes in oil and gas industry and the ADR process
title_sort	common disputes in oil and gas industry and the adr process
publisher	Ahmad Ibrahim Kulliyyah of Laws (AIKOL), International Islamic University Malaysia
publishDate	2017
url	http://irep.iium.edu.my/58017/ http://irep.iium.edu.my/58017/ http://irep.iium.edu.my/58017/13/58017-edited.pdf
first_indexed	2023-09-18T21:22:01Z
last_indexed	2023-09-18T21:22:01Z
_version_	1777411945140322304

Common disputes in oil and gas industry and the ADR process

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