The rules of engagement: developing cross-border petroleum deposits in the North Sea and the Caribbean

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    Abstract

    The current international law applicable to the cooperative development of petroleum resources imposes few procedural requirements on States. In the event of a failure to agree, they may choose to make further efforts at developing cooperative arrangements, or go ahead independently and develop the resource. Recent bilateral agreements in the North Sea and the Caribbean seek to move beyond the cooperation established under bilateral delimitation treaties. They indicate a willingness to design innovative legal frameworks in which different, sometimes diverging interests may be managed. Nonetheless, early experience suggests that, in the event of a breakdown, unilateral action may follow.
    Original languageEnglish
    Pages (from-to)559-585
    Number of pages27
    JournalInternational and Comparative Law Quarterly
    Volume55
    Issue number3
    DOIs
    Publication statusPublished - Jul 2006

    Keywords

    • Petroleum resources development
    • North Sea
    • Caribbean
    • International law

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