A case summary of a case involving disputes over petroleum and natural gas.
Written in 2005; 1,350 words; 1 sources; $ 53.95
Paper Summary:
This is a case summary of a case before an Arbitral Tribunal arising from a dispute over rights to explore for, drill for and store petroleum and natural gas in economic quantities on a contract area. The dispute is between the Claimants and the Government of Qatar who are the Respondents. The paper includes a sample case write up with the information and this case write up is modelled as close to the actual case summary as possible.
From the Paper:
"ARBITRAL TRIBUNAL WINTERSHALL, A.G., INTERNATIONAL OCEAN RESOURCES, INC., VESA OEL A.G., DEUTSE SCHACHTBAU-und TIEFBOHRGESELLSCHAFT MBH, GULFSTREAM RESOURCES CANADA LTD. V. THE GOVERNMENT OF QATAR Arbitrators: 1. J.R. Stevenson (President) 2. I. Brownlie 3. B. Cremades I: OVERVIEW * EPSA Ag reement entered into between Claimants (WINTERSHALL, A.G., INTERNATIONAL OCEAN RESOURCES, INC., VESA OEL A.G., DEUTSE SCHACHTBAU-und TIEFBOHRGESELLSCHAFT MBH, GULFSTREAM RESOURCES CANADA LTD.) and Respondents (The Government of Qatar) for Claimants to have the right to drill for and store commercially usable amounts of petroleum and natural gas in economic amounts in contracted area. * Claimants did not find crude oil for petroleum in suitable amount. * Due to boundary dispute.."
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