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Regulating Energy and Natural Resources$
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Barry Barton, Alastair Lucas, Lila Barrera-Hernández, and Anita Rønne

Print publication date: 2006

Print ISBN-13: 9780199299874

Published to Oxford Scholarship Online: January 2010

DOI: 10.1093/acprof:oso/9780199299874.001.0001

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State–Company Relations in Offshore Oil Exploitation: Regulatory and Contractual Analyses

State–Company Relations in Offshore Oil Exploitation: Regulatory and Contractual Analyses

Chapter:
(p.267) 14 State–Company Relations in Offshore Oil Exploitation: Regulatory and Contractual Analyses
Source:
Regulating Energy and Natural Resources
Author(s):

Terence Daintith

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199299874.003.0014

This chapter asks whether we can adequately explain the behaviour of the actors in state-company relations regarding the exploitation of oil and gas resources by using the regulatory approach, casting the state in the role of regulator and the company in that of regulatee, or whether conceiving of the relationship as an exchange, as a ‘deal’, offers a better understanding of the attitudes and behaviour of those involved. It shows how the empirical findings of a comparative study of four legal regimes — that of the United Kingdom, and the federal regimes of Australia, the United States, and Canada — may be related to these contrasting modes of analysis.

Keywords:   energy regulation, oil resources, state-company relations, gas resources, exploitation

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