scholarly journals A Perspective on Merger Review and Other Current Topics under the Competition Act

1991 ◽  
Vol 29 (1) ◽  
pp. 171
Author(s):  
Calvin S. Goldman
Keyword(s):  
Free Trade Agreement ◽  
Review Process ◽  
Oil And Gas ◽  
Trade Agreement ◽  
Oil And Gas Industry ◽  
Case Law ◽  
Gas Industry ◽  
Recent Developments ◽  
Potential Impact ◽  
Broad Overview

In this article, the author examines recent developments under the federal Competition Act and its potential impact on mergers in the oil and gas industry. The author provides a broad overview of the merger review process and highlights recent Canadian case law on mergers. Implications of the Canada-U.S. Free Trade Agreement on the administration of competition law in Canada are also canvassed.

African Continental Free Trade Agreement: the Pros and Cons on the Oil and Gas Industry in Nigeria

2021 ◽  
Author(s):  
Emmanuel Ayodele ◽  
Oshogwe Akpogomeh ◽  
Freda Amuah ◽  
Gloria Maduabuchi
Keyword(s):  
Free Trade ◽  
Free Trade Agreement ◽  
Oil And Gas ◽  
Trade Agreement ◽  
Oil And Gas Industry ◽  
African Countries ◽  
Gas Industry ◽  
Cheap Labour ◽  
Pros And Cons ◽  
The Impact

Abstract Nigeria has oil and gas as her major source of revenue, accounting for more than 80% of her foreign exchange, with the AfCFTA, that has been signed and ratified not just by Nigeria but by other African countries taking away tariffs on goods and services produced across the continent irrespective of the market where it's been sold. The AfCFTA being the second largest free trade agreement in the history of World Trade Organization is aimed at uniting African markets. This paper aims to review the framework of the continental free trade agreement, it pros and cons, its grey area, and its impact on the Oil and Gas Industry in Nigeria. The impact of the agreement on the local industries servicing the oil and gas industry is considered as well. The paper reviews the possible advantage of the AfCFTA on the Nigerian oil and gas market. The possible threats to nationalization in the oil and gas industry due to the availability of cheap labour and technical expertise across the continent in the country is analyzed. Solutions to protect the oil and gas industry in Nigeria is recommended as well.

scholarly journals Current Developments in Oil and Gas Income Taxation

1976 ◽  
Vol 14 (3) ◽  
pp. 383
Author(s):  
John G. McDonald
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Case Law ◽  
Income Taxation ◽  
Gas Industry

Federal income taxation is an area ofincreasing concern to the resource industries. The author deals with current developments in the taxation field as they affect the oil and gas industry. The paper gives general over-view of case law and statutes. The applicable budgets, both Federal and Provincial, are also discussed.

Contemporary fiscal issues impacting M&A in the oil and gas sector

2012 ◽  
Vol 52 (1) ◽  
pp. 149
Author(s):  
Kenneth Wee
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Regular Feature ◽  
Gas Industry ◽  
Resource Rent ◽  
Petroleum Resource ◽  
Recent Developments ◽  
Australian Economy ◽  
To Come ◽  
Oil And Gas Sector

Ongoing growth in deal activity in the oil and gas industry is one of the critical forces underpinning the sustained robustness of the Australian economy. Australian oil and gas assets continue to attract significant international interest and are actively pursued by global and domestic investors alike. On the supply side, exploration players are seeking the necessary funding and technical support to commercialise prospective oil and gas discoveries, while on the demand side, major established oil and gas companies are seeking to acquire viable targets as a means of rapidly replenishing their reserves. Consequently, merger and acquisition (M&A) deals and asset trades have become a regular feature of the corporate oil and gas scene in Australia. In time to come, a wave of industry consolidation is likely to emerge. This paper discusses key fiscal aspects of M&A transactions, as affected by recent developments in the Australian taxation landscape, and their impact on the overall economics of, and extracting value from, an investment in the oil and gas sector, including: the taxation of farm-in/farm-out arrangements, asset swaps and carry arrangements; structuring the deal consideration for fiscal efficiency; takeover and acquisition vehicle structures; the M&A issues associated with the extension of the Petroleum Resource Rent Tax (PRRT) to the onshore oil and gas industry; consideration associated with capital management, capital structure and financing trends for the industry; exit and repatriation routes—do all roads lead to tax?; managing transaction costs; and, managing tax risks in M&A deals.

Recent Developments in the Law of Interest to Oil and Gas Lawyers

1985 ◽  
Vol 24 (1) ◽  
pp. 143
Author(s):  
Robert P. Desbarats ◽  
Lorne W. Carson ◽  
Donald E. Greenfield
Keyword(s):  
Income Tax ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Separate Paper ◽  
Judicial Decisions ◽  
Tax Legislation ◽  
Recent Developments ◽  
Federal Income Tax ◽  
The Subject

The purpose of this paper is to discuss recent developments in the la w which are of interest to lawyers whose practice relates to the oil and gas industry. It deals with both judicial decisions and statutory developments during the last year. Some of the cases discussed do not pertain directly to the oil and gas industry. These cases have been included either because they involve situations analogous to those which occur frequently in the oil and gas business or because they concern principles of law which are applicable to that industry. In order to place some limit on the scope of the paper, only federal and Alberta legislative developments are reported. In addition, we have not discussed federal income tax legislation, which is the subject of a separate paper delivered at this year's conference. The review of the legislation is effective as of May 1, 1985.**

scholarly journals Recent Developments in the Law of Interest to Oil and Gas Lawyers

1987 ◽  
Vol 26 (1) ◽  
pp. 152
Author(s):  
Robert P. Desbarats ◽  
Donald E. Greenfield ◽  
Michael J. Hopkins
Keyword(s):  
Income Tax ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Judicial Decisions ◽  
Tax Legislation ◽  
Recent Developments ◽  
Federal Income Tax ◽  
The Law

The purpose of this paper is to discuss recent developments in the law which are of interest to lawyers whose practices relate to the oil and gas industry. The paper deals with both judicial decisions and statutory developments during the last year. Some of the cases discussed do not pertain directly to the oil and gas industry, but have been included either because they involve situations analogous to those which occur in the oil and gas business or because they concern principles of law which are applicable to that industry. In order to place some limit on the scope of the paper, only federal and Alberta legislative developments are reported. In addition, we have not discussed federal income tax legislation. The review of legislation is effective as of June 1,1987.

scholarly journals Recent Developments in the Law of Interest to Oil and Gas Lawyers

1982 ◽  
Vol 20 (1) ◽  
pp. 179
Author(s):  
Robert T. Booth ◽  
Robert P. Desbarats
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Judicial Decisions ◽  
Recent Developments ◽  
The Law

The purpose of this paper is to discuss recent developments in the law which are of in terest to lawyers in the field of oil and gas. It deals with both statutory developments and judicial decisions, the bulk of the paper being devoted to a review of the cases reported in the last year. Many of the cases discussed do not pertain directly to the oil and gas industry. These cases have been included either because they involve situations analogous to those which occur frequently in the oil and gas business or because they apply principles of law which are applicable to this industry.

Enhancing Reservoir Stimulation and Productivity Through Reservoir Tunneling Technologies: A Review on Recent Development

2021 ◽  
Author(s):  
Eyad A. Alali ◽  
Mohammed A. Bataweel
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Simulation Studies ◽  
Reservoir Properties ◽  
Gas Industry ◽  
Hydrocarbon Recovery ◽  
Reservoir Stimulation ◽  
Recent Developments ◽  
Operational Practices ◽  
Radial Drilling

Abstract The oil and gas industry has been developing various technologies to increase the productivity and recovery of hydrocarbons from conventional and unconventional reservoirs. Reservoir stimulation is an essential operation used to enhance production in many fields around the world. Hydraulic fracturing and acid treatments are the main stimulation methods. Reservoir tunneling concepts are used to drill branched channels in the formation from the main wellbore. With thousands of tunnels drilled to date, it is a viable technique that can improve the recovery of selected reservoirs. This paper reviews the recent developments in reservoir tunneling technologies and their current applications. These tunneling methods can be categorized mainly into water jetting, abrasive jetting, reactive jetting (acid), and needle and mechanical tunneling (radial drilling). The paper includes reviewing and analyzing these techniques based on documented literature results that include simulation studies, lab and yard experiments, field implementation, candidate selection, operational requirements, technology enhancements, advantages, limitations, and challenges of each technique. The paper provides a comprehensive summary of different tunneling techniques focusing on the operational practices, tunneling mechanisms, tunneling depth, and recent advancements available in the market. The most effective applications of the tunneling techniques are in stimulating low permeability, depleted and thin reservoirs, layers close to water zones, and bypassing near wellbore formation damage. The efficiency of creating tunnels is affected by many factors such as reservoir properties, nozzle, and fluid types, etc. The tunnel shape and trajectory are affected by reservoir geological properties. The combination of the tunneling with other stimulation techniques can result in more effective treatments, which enhance the methods of current stimulation. Reservoir tunneling technologies can pave the way to improve hydrocarbon recovery and enable access to unstimulated formations.

scholarly journals Current Developments in Oil & Gas Income Tax Legislation

1975 ◽  
Vol 13 (1) ◽  
pp. 46
Author(s):  
C. A. Rae
Keyword(s):  
Income Tax ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Case Law ◽  
Income Taxation ◽  
Gas Industry ◽  
Tax Legislation ◽  
Resource Industry ◽  
Oil Gas

Federal income taxation is an area of increasing concern to the resource industry. Fhe author deals with current developments in the taxation field as they affect the oil and gas industry. This paper provides general over-view of 1973 and 1974 case law and departmental bulletins, and possible future effects of, and questions concerning, some of the May 6,1974 Budget proposals, as they relate to the oil and gas industry.

scholarly journals Inspection and monitoring systems subsea pipelines: A review paper

2019 ◽  
Vol 19 (2) ◽  
pp. 606-645 ◽  
Author(s):  
Michael Ho ◽  
Sami El-Borgi ◽  
Devendra Patil ◽  
Gangbing Song
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Hazardous Substances ◽  
Gas Industry ◽  
Increased Risk ◽  
Recent Developments ◽  
Massive Scale ◽  
Monitoring Technologies ◽  
Energy Products ◽  
Subsea Pipelines

One of the largest movers of the world economy is the oil and gas industry. The industry generates billions of barrels of oil to match more than half the world’s energy demands. Production of energy products at such a massive scale is supported by the equally massive oil and gas infrastructure sprawling around the globe. Especially characteristic of the industry are vast networks of pipelines that traverse tens of thousands of miles of land and sea to carry oil and gas from the deepest parts of the earth to faraway destinations. With such lengths come increased chances for damage, which can have disastrous consequences owing to the hazardous substances typically carried by pipelines. Subsea pipelines in particular face increased risk due to the typically harsher environments, the difficulty of accessing deepwater pipelines, and the possibility of sea currents spreading leaked oil across a wide area. The opportunity for research and engineering to overcome the challenge of subsea inspection and monitoring is tremendous and the progress in this area is continuously generating exciting new developments that may have far reaching benefits far outside of subsea pipeline inspection and monitoring. Thus, this review covers the most often used subsea inspection and monitoring technologies as well as their most recent developments and future trends.

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