Learning outcomes to be examined in this assessment (please note that this is not the assessment task)
• Demonstrate a good understanding of the substantive rules of international law applicable to the oil and gas industry
• Evaluate the key principles of contract formation in international commercial transactions and key international law principles and trends in the oil and gas sector
• Assess the effectiveness of international law in addressing the environmental impact of oil exploration and exploitation
• Demonstrate a critical understanding of the importance of oil and gas law as a distinct subject, studied in a practical and commercial context.
Knowledge and understanding: Demonstration of detailed knowledge of the legal framework of oil and gas industry and the implications of national, regional and international law.
Cognitive/intellectual skills: Ability to analyse a range of information and to synthesise ideas, selecting appropriate techniques of evaluation.
Key/Transferable skills: Ability to manage information towards a given purpose and understand the relevance in the analysis of legal problems.
Practical skills: Ability to apply given techniques to the solution of particular problems.
Percentage of marks awarded for module: This assignment is worth 50% of the total marks for the module
Assessment Task: An Individual Essay/Report
When it comes to allocating and managing risks in the Oil & Gas Industry, there are several ways in which both the host country and the international oil companies manage this. Discuss the different ways in which this is managed by the parties in a Product Sharing Agreement and comment on whether the status quo is satisfactory.
You must support your answer with relevant and appropriate examples.
Assessment criteria Explanatory comments on the assessment criteria Maximum marks for each section
Content, style, relevance and originality
• Relevant, accurate content, demonstrating research, as required by the assessment task.
• Clearly evaluates social media usage by businesses
• Specific to e-commerce companies.
• Great emphasis will be placed on originality – work that is clearly student’s own.
Constructive critical analysis
• Demonstrates the ability to critically analyse and/or evaluate the use of social media by e-commerce companies.
• Demonstrates that you have consulted widely – using appropriate sources and examples to substantiate your arguments.
• Application of relevant academic models should be evident but not necessarily explicit.
• Provides alternative views on the usefulness of social media in online businesses.