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LOGIC Mobile Drilling Rigs Standard Form Contract: An Analysis of its Provisions on Liability, Risk and Insurance / TOWFIK TAHA

Swansea University Author: TOWFIK TAHA

  • E-Thesis – open access under embargo until: 6th December 2027

DOI (Published version): 10.23889/SUthesis.62226

Abstract

While the title “offshore drilling contract” might indicate the legal scope of the offshore drilling Contractor’s obligations, the true level of the contractual risk might not be determined unless a reference is made to a specific format, this is because the obligations of the parties under English...

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Published: Swansea 2022
Institution: Swansea University
Degree level: Doctoral
Degree name: Ph.D
Supervisor: Baughen, Simon ; Kurtz-Shefford, Tabetha
URI: https://cronfa.swan.ac.uk/Record/cronfa62226
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first_indexed 2022-12-30T19:24:23Z
last_indexed 2023-01-13T19:23:32Z
id cronfa62226
recordtype RisThesis
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spelling 2023-01-10T11:13:48.8846409 v2 62226 2022-12-30 LOGIC Mobile Drilling Rigs Standard Form Contract: An Analysis of its Provisions on Liability, Risk and Insurance 5a8a056ed31500568bfb2881c09ac42f TOWFIK TAHA TOWFIK TAHA true false 2022-12-30 While the title “offshore drilling contract” might indicate the legal scope of the offshore drilling Contractor’s obligations, the true level of the contractual risk might not be determined unless a reference is made to a specific format, this is because the obligations of the parties under English law are identified by the court in accordance with the wording of the relevant contract. Moreover, the general consideration of case law on the question of day rate drilling contracts, without making reference to a specific agreement, could be to some extent an illusory attempt to draw a complete conclusion. Bearing this in mind, the aim of this thesis is to evaluate the legal scope of the offshore drilling contract by utilising the LOGIC Mobil Drilling Rigs Standard Contract (LMDRC) under English Law as a base for this research. This study will approach the day rate offshore drilling contract in accordance with the structure of LMDRC with a main focus on the substantive provisions usually utilised to reallocate the risks between the parties. Whilst dissecting the standard form, comparing them with the contractual industry practice, and suggesting the alternatives when they are required. Consideration will be given to the nature of drilling operation, legislative development, caselaw and the contractual solutions which might be adopted in other jurisdictions. E-Thesis Swansea Offshore, Drilling, Oil, Gas, LOGIC, Contract, Indemnity 6 12 2022 2022-12-06 10.23889/SUthesis.62226 COLLEGE NANME COLLEGE CODE Swansea University Baughen, Simon ; Kurtz-Shefford, Tabetha Doctoral Ph.D 2023-01-10T11:13:48.8846409 2022-12-30T19:21:22.1758141 Faculty of Humanities and Social Sciences Hilary Rodham Clinton School of Law TOWFIK TAHA 1 Under embargo Under embargo 2022-12-30T20:37:50.7974986 Output 8492748 application/pdf E-Thesis – open access true 2027-12-06T00:00:00.0000000 Copyright: The author, Towfik Z. Taha, 2022. true eng
title LOGIC Mobile Drilling Rigs Standard Form Contract: An Analysis of its Provisions on Liability, Risk and Insurance
spellingShingle LOGIC Mobile Drilling Rigs Standard Form Contract: An Analysis of its Provisions on Liability, Risk and Insurance
TOWFIK TAHA
title_short LOGIC Mobile Drilling Rigs Standard Form Contract: An Analysis of its Provisions on Liability, Risk and Insurance
title_full LOGIC Mobile Drilling Rigs Standard Form Contract: An Analysis of its Provisions on Liability, Risk and Insurance
title_fullStr LOGIC Mobile Drilling Rigs Standard Form Contract: An Analysis of its Provisions on Liability, Risk and Insurance
title_full_unstemmed LOGIC Mobile Drilling Rigs Standard Form Contract: An Analysis of its Provisions on Liability, Risk and Insurance
title_sort LOGIC Mobile Drilling Rigs Standard Form Contract: An Analysis of its Provisions on Liability, Risk and Insurance
author_id_str_mv 5a8a056ed31500568bfb2881c09ac42f
author_id_fullname_str_mv 5a8a056ed31500568bfb2881c09ac42f_***_TOWFIK TAHA
author TOWFIK TAHA
author2 TOWFIK TAHA
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publishDate 2022
institution Swansea University
doi_str_mv 10.23889/SUthesis.62226
college_str Faculty of Humanities and Social Sciences
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hierarchy_top_id facultyofhumanitiesandsocialsciences
hierarchy_top_title Faculty of Humanities and Social Sciences
hierarchy_parent_id facultyofhumanitiesandsocialsciences
hierarchy_parent_title Faculty of Humanities and Social Sciences
department_str Hilary Rodham Clinton School of Law{{{_:::_}}}Faculty of Humanities and Social Sciences{{{_:::_}}}Hilary Rodham Clinton School of Law
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description While the title “offshore drilling contract” might indicate the legal scope of the offshore drilling Contractor’s obligations, the true level of the contractual risk might not be determined unless a reference is made to a specific format, this is because the obligations of the parties under English law are identified by the court in accordance with the wording of the relevant contract. Moreover, the general consideration of case law on the question of day rate drilling contracts, without making reference to a specific agreement, could be to some extent an illusory attempt to draw a complete conclusion. Bearing this in mind, the aim of this thesis is to evaluate the legal scope of the offshore drilling contract by utilising the LOGIC Mobil Drilling Rigs Standard Contract (LMDRC) under English Law as a base for this research. This study will approach the day rate offshore drilling contract in accordance with the structure of LMDRC with a main focus on the substantive provisions usually utilised to reallocate the risks between the parties. Whilst dissecting the standard form, comparing them with the contractual industry practice, and suggesting the alternatives when they are required. Consideration will be given to the nature of drilling operation, legislative development, caselaw and the contractual solutions which might be adopted in other jurisdictions.
published_date 2022-12-06T04:21:41Z
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score 11.012791