Return to the Home Page About us Courses Enrolment Fees Fees Recognition Fees Jobs Links Contact details Contact details

Click for more information on the Summer Executive Programme



 


English Legal System
Civil and Criminal Liability
Negligence
Nuisance
Occupier’s Liability and Defective Premises
Employer’s Liability for Health and Safety
Ownership of Petroleum Resources
Licensing
Co-operating Agreements

Oil Markets

A. Fundamentals
  Oil Characteristics
   
B. Forward Markets
  Brent: the shell 15 day Brent 1988
  “String” “Circle” ”daisychain” Book out or pay in
  Dubai Fatah
  Russian Gasoil
  Littlebrook Fuel Oil
   
C. Futures Markets
  Definition – Characteristics, Hedging Margins, Speculation
 

The International Petroleum Exchange (IPE) IPE Contracts

  Options
 

Swaps

 

Oil Sale Contracts

A.

General Considerations

  Domestics and international Sale Contracts
  The 1980 Vienna Convention
   
B. Incoterms 1990
   
C. F.O.B. Sale
  Strict or Classic F.O.B. Contract
 

F.O.B. with Additional Services

   
D.

C.I.F. AND C & F Sale

 

Formation and Elements of Sale Contracts

A. Formation of Contract
  Negotiations
  Offer and Acceptance “ Subject to Authority, conduct, course of Dealing, Silence, the patrol evidence Rule.
  Methods of Communication’ Tested telexes, faxes. E-Mail, Telephone Internet and E-commerce.
   
B. Elements of Contract
  Nomination and Delivery
  C.I.F (C&F) Delivered Contracts
  Passing of the Property
 

Passing of the risks

 

The Transport Contract

A. The conveyance of oil by pipeline
   
B. The Carriage of Oil by Ship
  Oil Charter-parties
  Oil Bill of lading
  Title to Sue – the carriage of Goods by Sea Act 1992
   The Bill of lading and the sale contract.
   - Delivery on the Presentation of the bill of lading
   - Delivery without the Presentation of the bill of lading
   
C. The Electronic Bill of lading
  EDI
 

UNCID Rules, CMI Rules

 

The Inspection Contract of Quality and Quantity (Q&Q)

Inspection – General Principles
  Inspection and Testing Bodies
  Duties of Inspectors
  The Instructions to the inspector - Terms of reference
   
A. Quality
  Contamination
   
B. Quantity
  Causes of Shortages
  Retention on Board (ROB), the 0.5 per cent Allowance
   
C. The Certificate of Inspection
  Finality of the Certificate
  Liability of the Inspector
  Contractual Liability
 

Tortious Liability

 

The Price Paid by a Letter of Credit

A. Price and Documentary Credits
  Methods of Payment
  Uniform Customs and Practice (UCP) for Documentary Credits
  The Opening Process
  Four Contractual Relationships
   
B. Types of Credit
  Irrevocable, Confirmed, Standby, Revolving, Back to Back, Performance Bond
  Payment under Reserve
  Letters of Indemnity (Lols)
   
C. The Principles of Letters of Credit
  The Autonomy of the Letter of Credit
  The Doctrine of Strict Performances
  False Statement in the Bill of Lading
   
D. Financing Oil Purchases
   
E.

Fraud

 

Demurrage, Force Majeure, Jurisdiction and Applicable Law

A. Laytime and Demurrage
1)
Under a Voyage Charter-Party
  Laytime Commencement
  Demurrage Calculation
  Notice of Readiness
   
2)
Under Sale Contract
  C.I.F Contracts
  F.O.B Contracts
   
B. Force Majeure
  Beyond Reasonable Control
  Force Majeure Events
  Burden of Proof
   
C. Jurisdiction and Applicable Law
  Absence of a term on Jurisdiction
  The Brussels Convention 1968 as enacted by the 1982 Act
   - The General Rule
   - Related Actions - Lis Pendens – Acticle 21
   - Article 22
   - The Relationship between Articles 5 and 21
   - Which court is first seised?
  The Applicable (Proper) Law
 

 - The Rome Convention – The Contract (applicable) Act 1990

 

Insurance

A. The Institute Bulk Oil Clauses
  What is Insured?
   
B. Other Insurance Covers
  Protection and Indemnity (P&) Cover
   
C. Oil Pollution Cover
  CLC and Fund Conventions
  Tovalop and Cristal
  The Oil Pollution Act (OPA) 1990 – The Exxon Valdez
  The 1992 Protocois
 

War and Related Risks Insurance

 

Remedies for Breach of Contract

A. Breach of contract
  Breach on the part of the shelter
  Unpaid Seller
  Repudiation
   
B. Measure of Damages
  Delay in Delivering or Receiving the goods
  Latent Defect in the goods
   
C. Remoteness And Migration
  General Rule
  Sub Sales
  Hedging as a way to migrate the loss
 

Damages in Foreign Currency

 

Securities And Settlement of Disputes

A. The Mareva Injunction
   
B. Arrest of the ship
  Arrest under the Supreme Court Act 1981 Conditions to Arrest
   - The Position of the Cargo-Owner
  Rearrest
   - Warrant of Arrest
   - Expenses of Arrest
  Arrest in the Execution of a foreign judgement
   - Arrest to provide Security for a claim submitted to arbitration
  The Civil Jurisdiction and Judgements Act 1982
  Proposed reforms to the arrest Convention 1952
   - Claims in respect of which vessel may be Arrested
   - Vessels that may be arrested
   - Right of Rearrest
   - Wrongful Arrest
   - Jurisdiction on the Merit of a case
   
C. Arbitration
  GTC Arbitration Causes
  The Arbitration Agreement
  The Control of the Courts over Arbitration
   - The Arbitration Act 1996
  Arbitration in New York
   
D.

Alternative Dispute Resolution (ADR)

 

Offshore Operations and Decommissioning
Environmental Protection
Petroleum Taxation
Discrimination and Equal Opportunities
Confidentiality
Universal Declaration of Human Rights
European Convention on Human Rights

 

Pay for this course using PayPal:

 

Course name and number: TAC-DC-LS-028 - Diploma in Petroleum Law
Course Fee: £525
Entry Requirements: Students MUST be able to cope with advanced studies.
Mode of Study: Distance Learning
Start Date: Start at anytime
Duration: 4 - 7months or more
   

 

Email a friend

 

 

© 2008 Trans-Atlantic College   |  Terms of Enrolment   |  Disclaimer