{"product_id":"civil-liability-and-financial-security-for-offshore-oil-and-gas-activities-hardback-9781107167162","title":"Civil Liability and Financial Security for Offshore Oil and Gas Activities (Hardback) 9781107167162","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eCivil Liability and Financial Security for Offshore Oil and Gas Activities\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003eThis book analyses how damage resulting from offshore-related incidents is compensated in European waters, whilst providing models to improve such compensation.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eMichael Faure (Edited by)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781107167162, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 20 October 2016\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e478 pages, 14 b\/w illus.  13 tables\u003cbr\u003e23.5 x 15.8 x 3 cm, 0.83 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eCivil Liability and Financial Security for Offshore Oil and Gas Activities provides insights into the liability and compensation regime for offshore-related damage. The book analyses the legal regime in a variety of states (including the US and the UK) as well as the EU regime. In addition, the various compensation mechanisms and amounts available today to compensate offshore-related damage are described and critically analysed. Moreover, the book is based on in-depth interviews with a wide variety of relevant stakeholders including insurers, representatives from supervisory authorities, and oil and gas producers. This volume also provides a variety of policy recommendations, formulated to provide an optimal compensation regime for offshore-related damage.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eList of abbreviations\u003cbr\u003e Contributors\u003cbr\u003e List of figures and tables\u003cbr\u003e 1. Introduction Michael Faure, Niels Philipsen and Hui Wang: 1.1 Background for this book\u003cbr\u003e 1.2 Objective of this book\u003cbr\u003e 1.3 Methodology\u003cbr\u003e 1.4 Structure\u003cbr\u003e 2. Offshore-related damage: facts and figures Kristel De Smedt and Hui Wang: 2.1 General issues concerning offshore activities\u003cbr\u003e 2.2 Location of installations and facilities in the EU\u003cbr\u003e 2.3 Overview of major offshore accidents\u003cbr\u003e 2.4 Analysis of recent offshore accidents in Europe: case studies\u003cbr\u003e 2.5 Analysis of recent offshore accidents outside EU waters\u003cbr\u003e 3. Analysis of existing legal regimes Michael Faure, Jing Liu and Hui Wang: 3.1 Introduction\u003cbr\u003e 3.2 International legal framework\u003cbr\u003e 3.3 Offshore liability regimes\u003cbr\u003e 3.4 The current EU regime on offshore activities\u003cbr\u003e 3.5 Offshore liability regimes: country studies\u003cbr\u003e 3.6 Another high risk sector: the nuclear\u003cbr\u003e 3.7 Concluding observations\u003cbr\u003e 4. Pooling mechanisms for offshore liability Michael Faure and Jing Liu: 4.1 Theory: pooling versus insurance\u003cbr\u003e 4.2 OPOL\u003cbr\u003e 4.3 OIL and OCIL\u003cbr\u003e 4.4 Protection and indemnity clubs\u003cbr\u003e 4.5 Risk pooling in the nuclear sector\u003cbr\u003e 4.6 Concluding observations\u003cbr\u003e 5. The use of financial market instruments to cover liability following a major offshore accident Michael Faure and Hui Wang: 5.1 Self-insurance\u003cbr\u003e 5.2 Capital market\u003cbr\u003e 5.3 Guarantees\u003cbr\u003e 5.4 (Re-) insurance\u003cbr\u003e 5.5 Risk pooling schemes\u003cbr\u003e 5.6 OPOL\u003cbr\u003e 5.7 Combinations\u003cbr\u003e 6. Potential of financial and insurance instruments to cover liability following a major offshore accident Michael Faure and Hui Wang: 6.1 Potential costs of an offshore incident\u003cbr\u003e 6.2 Self-guarantee through tax\u003cbr\u003e 6.3 Expanding possibility of insurance?\u003cbr\u003e 6.4 Potential of expanding risk pooling schemes\u003cbr\u003e 6.5 Summary: flexibility\u003cbr\u003e 7. Toward optimal liability and compensation for offshore oil and gas activities Kristel De Smedt, Hui Wang and Michael Faure: 7.1 Principles of efficient compensation and liability rules\u003cbr\u003e 7.2 Efficient liability rules\u003cbr\u003e 7.3 Liability versus regulation\u003cbr\u003e 7.4 Mandatory financial security\u003cbr\u003e 7.5 Compensation instrument\u003cbr\u003e 7.6 Rapid claims management\u003cbr\u003e 7.7 Transboundary harm\u003cbr\u003e 7.8 Scenarios\u003cbr\u003e 8. Concluding remarks Michael Faure, Niels Philipsen and Hui Wang: 8.1 General\u003cbr\u003e 8.2 Efficient liability rules\u003cbr\u003e 8.3 Mandatory financial security\u003cbr\u003e 8.4 A role for government?\u003cbr\u003e 8.5 Rapid claims mechanism\u003cbr\u003e List of references\u003cbr\u003e Annex 1. Overview of interviews with stakeholders\u003cbr\u003e Annex 2. Checklist for country studies\u003cbr\u003e Annex 3. Oil Pollution Act Liability Limits 2013.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Law: study \u0026amp; revision guides [\u003ca title=\"See our other books on Law: study \u0026amp; revision guides\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Law:%20study%20\u0026amp;%20revision%20guides%20%5BLR%5D%22\"\u003eLR\u003c\/a\u003e], Private international law \u0026amp; conflict of laws [\u003ca title=\"See our other books on Private international law \u0026amp; conflict of laws\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Private%20international%20law%20\u0026amp;%20conflict%20of%20laws%20%5BLBG%5D%22\"\u003eLBG\u003c\/a\u003e], Public international law [\u003ca title=\"See our other books on Public international law\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Public%20international%20law%20%5BLBB%5D%22\"\u003eLBB\u003c\/a\u003e], International law [\u003ca title=\"See our other books on International law\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22International%20law%20%5BLB%5D%22\"\u003eLB\u003c\/a\u003e], Law as it applies to other professions [\u003ca title=\"See our other books on Law as it applies to other professions\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Law%20as%20it%20applies%20to%20other%20professions%20%5BLAY%5D%22\"\u003eLAY\u003c\/a\u003e], Legal skills \u0026amp; practice [\u003ca title=\"See our other books on Legal skills \u0026amp; practice\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Legal%20skills%20\u0026amp;%20practice%20%5BLAS%5D%22\"\u003eLAS\u003c\/a\u003e], Law \u0026amp; society [\u003ca title=\"See our other books on Law \u0026amp; society\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Law%20\u0026amp;%20society%20%5BLAQ%5D%22\"\u003eLAQ\u003c\/a\u003e], Systems of law [\u003ca title=\"See our other books on Systems of law\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Systems%20of%20law%20%5BLAF%5D%22\"\u003eLAF\u003c\/a\u003e], Jurisprudence \u0026amp; general issues [\u003ca title=\"See our other books on Jurisprudence \u0026amp; general issues\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Jurisprudence%20\u0026amp;%20general%20issues%20%5BLA%5D%22\"\u003eLA\u003c\/a\u003e], Law [\u003ca title=\"See our other books on Law\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Law%20%5BL%5D%22\"\u003eL\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46265651757336,"sku":"9781107167162","price":100.56,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9781107167162i.jpg?v=1692025337","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/civil-liability-and-financial-security-for-offshore-oil-and-gas-activities-hardback-9781107167162","provider":"Freshly Printed Books","version":"1.0","type":"link"}