Advanced Seminar in International Dispute Settlement
(CP52045 - 10 credits)
Provides students an opportunity to discuss some of the most advanced and topical issues of theoretical and practical significance in the field, thereby serving as a logical way of concluding the academic year for those who are specializing in the field. It is conceived as the “crown” at the end of a sequence of introductory, overview and then more specialised and practical courses on international dispute resolution, commercial arbitration and investment arbitration.
Applied Nuclear Energy Law
(CP52049 - 20 credits)
The main objective of this course is to provide information and guidance on the techniques used by legislators and regulators to govern the uses of nuclear energy and, in particular, to introduce into domestic law the norms embodied in international instruments and regulations (soft law) since these constitute the principal sources of this special branch of law. While the Course will focus on the case of UK nuclear legislation, several other national laws will also be covered as well as the issue of the transposition of EC nuclear regulations, with a view to offer a comprehensive picture.
Business Strategy in the Extractive Industries
(CP52041 - 20 credits)
The main objective of the course is to provide an inter-disciplinary framework for the strategic analysis of firms and markets in the extractive industries. Drawing on core topics in the MBA curriculum, in particular on the Strategic Planning module, this module uses the field of corporate strategy to provide a series of opportunities for integrated analysis of strategies applied in the extractive industries.
Commercial Contracts in the International Oil and Gas Industry
(CP52014 - 10 credits)
The overall aim of the course is to provide students with a basic understanding of the important forms of company-company contracts in the international oil and gas industry. These contracts will include operator-nonoperator; farmor-farmee; buyer-seller contracts. The course will identify primary negotiation issues and provide alternative approaches to addressing these issues.
Commodity Trading and Strategic Asset Optimisation in the Energy Industry
(CP51021 - 10 credits)
The main objective of this course is to help students to understand commercial strategies currently utilized in the energy trading and marketing industry. The module will give a basic introductory overview, and practical applications of the financial and economic theories, and methodologies utilized in real and financial trading activities, options pricing, real options valuation techniques and asset optimization.
Corporate Social Responsibility and International Business Transactions
(CP52037 - 20 credits)
This module aims to provide students with practical knowledge and theoretical understanding of corporate social responsibility (CSR) so that students can integrate responsible business practices into all levels of corporate operations. Students will learn to deliver practical solutions to issues in the CSR debate, with learning from case studies, corporate sector experts and academic research.
Downstream Energy Law and Policy
(CP51002 - 20 credits)
The primary objective of the course is to provide an introduction and background to the way in which legislation and regulation can be used to implement policy decisions in the downstream energy industries. The emphasis is on understanding the way in which policy decisions to restructure the (electricity and gas) industries lead to changes in both legislation and the approach of regulators. The skill is to identify what makes particular approaches successful in particular legal environments. This course is not aimed only at lawyers, but also at those influencing the policy debate who must have an understanding of the implementation of policy changes.
EC Energy, Environmental and Natural Resources Law and Policy
(CP52004 - 20 credits)
The principal aim of the course is to provide an introduction to the main law and policy issues relating to the energy sector of the EC. An introduction to EC institutions, its legal system and its procedures and origins is provided, with particular reference to energy issues. Particular emphasis is placed upon the policy of increasing energy integration among the 27 Member States, known as the Internal Energy Market, and the possible lessons it may yield for liberalisation in other parts of the world (in addressing problems such as stranded costs, unbundling and third party access, for example). The EU external policy towards non-member countries is also considered as is the growing role of environmental policy in fields such as renewable energy and climate change. The approach does not presuppose any previous knowledge of EC law on the part of the student, but this would be an advantage.
Economics for Business Managers
(CP52052 - 20 credits)
The module is aimed at presenting and developing practical applications of economic theory and analytical tools to business decisions. The emphasis is on the study of the production decisions, the interaction of firms in different market structures, and the international financial market. Real world examples from the energy industries will be utilized to demonstrate the theoretical models developed in the class.
Energy and Mining Finance
(CP52015 - 20 credits)
The primary aim of the course is to provide a detailed consideration of the theory of finance as it applies to the energy and mining industries and to consider how the theory is applied in practice. The two key focus areas will be investment decision making with uncertainty and how the investment demands are financed.
Energy Economics the Issues
(CP52002 - 20 credits)
The main aim is to equip the students with an understanding of how economic analysis can help inform and understand energy issues. This requires the students to be familiar both with the relevant economic analysis and technical dimensions of energy. In addition the course enables the student to become familiar with current issues in the industry.
Energy Economics the Tools
(CP51003 - 20 credits)
The main aim is to equip the students with an understanding of how economic analysis can help inform and understand energy issues. This requires the students to be familiar both with the relevant economic analysis and technical dimensions of energy. In addition the course enables the student to become familiar with current issues in the industry.
Energy, Environment and Sustainable Development – Economics and Policy Issues
(CP51023 - 20 credits)
The aim of this course is to help students to understand: the interactions between energy, environment and the climate; economic and other instruments to deal with energy-environment problems; the role of energy in achieving sustainable development; policy issues and options related to energy, environment, climate change and sustainable development. The course will not require any prior knowledge of economics.
Environmental Law and Policy for Natural Resources and Energy
(CP52003 - 20 credits)
The course deals with selected issues central to understanding international and national environmental policy and law related to production and consumption of natural resources and power generation. It addresses, in particular, environmental problems arising in connection with production and transportation of petroleum (both on-land and offshore), mining activities, use of nuclear energy, including production of uranium and disposal of radioactive wastes, and use of fossil fuels, including transboundary air pollution and global climate effects. A special emphasis is placed on the solutions for environmental problems provided by various national regulatory systems, in particular British and North American.
Extractive Industries Revenue Management
(CP52040 - 10 credits)
The module is designed to provide students with an understanding of the challenges and opportunities facing countries with major oil, gas and/or mining resources. The course will examine the nature and extent of the “Resource Curse” or “Paradox of Plenty”, technical and political causal factors, possible remedies and the role of different stakeholders in their implementation.
Financial and Project Analysis of Natural Resources and Energy Ventures
(CP51004 - 20 credits)
The main aim of this course is to introduce students into current methods of financial and project appraisal techniques that relate to natural resources and energy organisations. This is a practical course in which evaluation techniques and concepts are taught, such as discounted cash flow, internal rate of return and pay back period, which are applied to realistic scenarios, leading to the preparation of spreadsheets, their analysis and interpretation of results. The student should be able to recommend the appropriate appraisal techniques to a given business investment along with an appreciation of social and other non-financial features. Taxation and sources of finance are also introduced in this module, but any in-depth analyses of them can only be provided in other courses.
Foundation Accounting
(CP52048 - 20 credits)
The principle aim of this course is to give an appropriate understanding of the published accounts of a company and their underlying practices and processes, so that an effective contribution may be given, to the senior financial management of an organisation. Particular emphasis is given to accounts of the extractive industries.
Foundation Finance
(CP52051 - 20 credits)
This module will introduce students to the complexities of business finance and aim to give them an understanding of the issues business managers in the energy and extractive industries are required to consider in the decision-making process. All managers, in all types of organisations, have to be constantly aware of the financial implications of decisions being made, including sources and cost of finance, return on investment, management of working capital requirements and of associated business and financial risk. The module is designed to give students an appreciation of the financial management issues they will confront as managers and to give them the confidence in the understanding of finance to be able to ensure the correct financial information is available to them to allow for well informed decision making.
Human Resources Management
(CP51016 - 20 credits)
This course aims to provide students with a strategic understanding and key skills in managing people in organizations. It focuses on the core human resource problems faced by all organizations, including culture change, the contribution of human resources to organizational performance and change, and the developing role of information and communication technologies (ICT), recruitment, selection and retention, human resource development and managing knowledge, motivation and performance management, compensation and rewards, the design of work, and employee relations.
Human Rights and the International Natural Resources Industry
(CP52017 - 20 credits)
The primary aim of the course is to provide an understanding of the main issues in the field of human rights as they affect the energy and mineral resources industry. It helps prepare the Centre’s students for an emerging field of law practice, advising corporations and host country governments on policies and laws dealing with communities affected by mining and development of energy and natural resources. The focus on mining and minerals development (including petroleum) will be located within a broader framework of foreign investment and the role of corporations in social development. The course will examine the different policy and legal instruments affecting corporations and their relationships with communities.
Induction Programme
(CP51001 - 20 credits)
The Induction Programme provides students with vital knowledge and skills before they embark of the main components of CEPMLP’s taught Masters and Diploma programmes. CEPMLP student have a wide range of academic and professional backgrounds and the Induction Programme provides each student with a basic introduction to all the main disciplines included in the degrees programmes, namely law, economics, finance and geology. It also provides training in research methods.
International and Comparative Mineral Law
(CP52010 - 20 credits)
This module aims at introducing participants to main principles and concepts of legal, regulatory and contractual regimes for mining, from international and comparative perspectives. The focus is on the understanding of ownership and mineral tenure regimes; the interface between mineral tenure regimes, competitive uses of land and environmental regulation; forms and typical clauses of mining agreements; the concept of sustainable development and its application to mining, as well as the scope and implications of voluntary regulation; an introduction to underlying conflicts for the regulation of artisanal and small-scale mining; and forms of community engagement in mining projects.
International and Comparative Petroleum Law and Policy
(CP51005 - 20 credits)
The main objective of the course is to provide an introduction to the main law and policy issues in the international petroleum industry, with an emphasis upon transactional arrangements concluded between host government and oil company/investors. Common and diverging objectives between the two parties and indeed among the international corporate and financial investors themselves are faced in a candid and practical way, with an emphasis upon ways of accommodating the interests of diverse stakeholders in the development of petroleum resources. A brief introduction is provided to petroleum taxation issues. The approach is a comparative one and focuses upon problem-solving techniques in a variety of settings, noting the inputs of lawyers, economists, accountants, engineers and geologists.
International Arbitration
(CP51019 - 20 credits)
To provide the candidate with an overview of the law and practice of international arbitration as a major means of settling international disputes. The course will be taught comparatively with reference to various international laws, the arbitration rules of UNCITRAL, the rules of leading arbitration institutions (e.g. AAA, ICC, LCIA, ICSID), and the major international instruments relevant to international arbitration.
International Business Law
(CP52019 - 20 credits)
This course has two basic aims: (1) to develop in each student a good understanding of the various legal doctrines applicable to international business transactions; (2) to develop in each student a number of useful skills (drafting, negotiating and resolving disputes) for working in this area. To this effect, there will be a strong emphasis on the practical problems that lawyers and business executives encounter in the various types of commercial agreement and the manner in which those problems can be resolved.
International Commercial Arbitration: Practical Exercises
(CP52035 - 10 credits)
To help students to understand the complex practical issues of commercial arbitration faced by arbitrators and lawyers and to equip them with the necessary skills on how to handle such issues.
International Developments in Energy Policy
(CP52005 - 20 credits)
The main aim is to equip the students with an understanding of how economic analysis can help inform and understand energy policy issues. This requires the students to be familiar with the relevant economic analysis the technical dimensions of energy and the policy making process. In addition the course enables the student to become familiar with current issues in energy policy.
International Dispute Settlement
(CP52020 - 20 credits)
The main objective of this course is to provide students with an understanding of the nature and forms of international disputes and the different mechanisms of addressing such disputes in an amicable manner.
International Investment Arbitration: Practical Exercises
(CP52036 - 10 credits)
To help students to understand the evolving complex practical issues of international investment arbitration between states and foreign investors faced by lawyers as counsel to the parties and as arbitrators and to equip them with the necessary skills on how to handle such issues.
International Law of Natural Resources and Energy
(CP51007 - 20 credits)
The main objective of the course is to provide an introduction to the fundamental concepts and specific legal and jurisdictional issues in the field of international and transboundary natural resources. The emphasis is on ensuring a proper understanding of the existing legal mechanisms and international regimes applicable to various types of natural resources located beyond States’ jurisdiction or control.
International Nuclear Energy Law
(CP51025 - 20 credits)
The main objective of the course is to provide a comprehensive introduction to the international legal and institutional framework in the area of peaceful uses of nuclear energy. The course will provide a practical understanding of the regulatory frameworks applicable to nuclear energy, with particular emphasis on relevant legal and institutional mechanisms for regulation of health and safety, nuclear transports, waste management, civil nuclear liability and international legal framework. It aims to cover the policy and legal aspects of the entire nuclear fuel cycle, and covers international trade in nuclear material, nuclear security and terrorism, as well as a general introduction on non-proliferation of nuclear weapons and international safeguards.
International Nuclear Politics
(CP51024 - 20 credits)
The purpose of the course is to provide a detailed introduction to the policy issues raised by the uses of nuclear energy. The course will embrace the historical development of nuclear power and the influence it has had on international relations and institutions; the international negotiations concerning, in particular, non-proliferation of nuclear weapons and efforts at disarmament; nuclear security and terrorism; access to nuclear technology, equipment and material; governance of nuclear trade; nuclear energy and the protection of the environment; nuclear energy in the European Union; the prospects of a nuclear “renaissance”.
International Project Finance
(CP52007 - 20 credits)
The objective of the course is to provide an understanding of the issues surrounding project finance. The objective is to demonstrate how the concept can be used to fund investment in energy (and infrastructure) projects. The course also looks at how governments might encourage the use of project financing in cases where domestic funding is not sufficient to meet demand.
International Relations and Energy and Natural Resources
(CP52008 - 20 credits)
The main objective of this course is to help the students to understand the int’l environments and of the interaction between international relations (IR) and energy and natural resources industry. This module, together with International Political Economy, is being introduced in order to provide an important political element to the MBA, LLM and MSc Programmes in general, and to form an important part of the specification of Geopolitics of Energy in particular.
International Trade Law
(CP51010 - 20 credits)
The main objective of this course is to provide students with an understanding of the overall regulatory framework within which international business transactions take place. This includes an understanding of international treaties regulating cross-border trade relations and the operation of pertinent international organisations administering those treaties, particularly the WTO. The course approaches most issues from a natural resources perspective.
Marketing
(CP52025 - 20 credits)
Acquire knowledge of current theories in marketing and understand their application to corporations in the public and private sectors in a global context.
Mineral and Petroleum Taxation
(CP52009 - 20 credits)
The main objective of the course is to provide an introduction to the main policy issues in the field of mineral and petroleum taxation and to the main instruments of taxation. The emphasis is on providing an understanding of the issues rather than teaching skills in accounting or financial analysis. These latter skills should be acquired on other courses. Neither does this course intend to make the student into a tax lawyer.
Mineral Resources Policy and Economics
(CP52022 - 20 credits)
The main objective of this course is to give students an understanding of the main economic forces that drive and influence the hard-rock mineral industries, and of the major economic policy issues for the industry. It does not aim to create economists, and nor is a prior knowledge of economic theory a prerequisite for the course. Students will acquire an appreciation of both the macro- and micro-economic factors that affect the industry and provide the context for all legal and policy issues.
Petroleum Policy and Economics
(CP51009 - 20 credits)
The main aim is to equip the students with an understanding of how economic analysis can help inform and understand the international oil and gas industry. This requires the students to be familiar both with the relevant economic analysis and technical dimensions of the industry. In addition the course enables the student to become familiar with current issues in the industry.
Project Management Process
(CP52055 - credits)
Public Policy and Governance in Natural Resource Rich Countries
(CP51026 - 20 credits)
This module provides students with an understanding of the typical policy challenges faced by countries endowed with natural resources and a critical awareness of the proposed causal mechanisms explaining variation in outcomes across these countries. The course covers the resource curse debate, theoretical approaches to public policy analysis and the practical policy challenges of turning resource wealth into positive development outcomes.
Quantitative Methods for Energy Economists I
(CP51022 - 10 credits)
The main objective of this course is to help students to understand quantitative methods, and forecasting tools currently utilized in the energy industry. The module will give a basic introductory overview, and practical applications of the basic quantitative theories, and methodologies utilized in forecasting.
Quantitative Methods for Energy Economists II
(CP52032 - 10 credits)
The main objective of this course is to help students to understand in detail quantitative methods, and forecasting tools currently utilized in the energy industry. The module is a continuation of Quantitative Methods I, and will give a solid understanding of the quantitative theories used in the energy industry, and methodologies utilized in forecasting.
Strategic Management & Organisational Analysis
(CP52044 - 20 credits)
This module will encourage a critical and reflexive orientation to the understanding of successful approaches to strategic management and organisational analysis and develop understanding of the requirements for effective executive and organisational analyses and decision making in an increasingly complex and uncertain business environment. The module will develop an appreciation of basic concepts and essential strategic and organisational management tools for understanding data and analysing decisions. Students will learn the analytic skills needed to accomplish, defend and critique a business analysis.
Transatlantic Negotiation Simulation Exercise
(CP52013 - 10 credits)
The Transatlantic Negotiation Exercise is carried out between the students at the CEPMLP and the post- graduate students at the American University, Washington College of Law, International Legal Studies Programme. The main objective of this exercise is to provide a formal forum, in which using tried and tested methods of international negotiation, in a detailed form, the participants can gain, or improve their negotiating skills. The emphasis is on providing an understanding of the main issues in international negotiations.
Transnational Investment Law and Policy
(CP52023 - 20 credits)
The main objectives of this course are to provide a survey of international investment law and policies, and to set the various approaches to regulating foreign investment in a social, economic and political context. In addition the course will provide students with an understanding of current and emerging developments in investment laws and policies.
United Kingdom Oil and Gas Law
(CP51011 - 10 credits)
The objective of the course is to provide an understanding of the way in which the United Kingdom hydrocarbon industry is controlled by means of legislation, regulation and contracting practice. The course follows the barrel from initial discovery (ownership a question of international law); through licensing; production and eventual abandonment. The course will not enable those without a legal background to practice oil and gas law, but it will enable them to understand the legal environment in which the companies operate.
Downstream Energy Law and Policy
(CP50033 - 20 credits)
The primary objective of the course is to provide an introduction and background to the way in which legislation and regulation can be used to implement policy decisions in the downstream energy industries. The emphasis is on understanding the way in which policy decisions to restructure the (electricity and gas) industries lead to changes in both legislation and the approach of regulators. The skill is to identify what makes particular approaches successful in particular legal environments. This course is not aimed only at lawyers, but also at those influencing the policy debate who must have an understanding of the implementation of policy changes.
Energy Economics: The Issues - available from 2009
(CP50037 - 20 credits)
The primary objective of this module is to provide an introduction and background to those essential concepts that allow an understanding of the issues faced by the energy sector from the perspective of an economist.
The emphasis is on understanding
The concepts, theories and analytical frameworks to be applied to particular issues or problems faced by the energy sector.
How to use basic economic ideas and concepts to analyse the energy sector issues.
The skill is to analyse the energy sector issues relying on simple economic concepts.
Energy Economics: The Tools - available from 2009
(CP50038 - 20 credits)
The primary objective of this module is to provide an introduction and background to those essential concepts that allow an understanding of the energy sector from the perspective of an economist.
The emphasis is on understanding
The basic concepts related to energy demand, supply and investments and their interaction in the economic framework of markets.
Specific technical features of the energy sector.
The skill is to identify an appropriate approach or tool to be used to analyse topical issues faced by the energy sector.
Environmental Law and Policy for Natural Resources and Energy
(CP50012 - 20 credits)
The course deals with selected issues central to understanding international and national environmental policy and law related to production and consumption of natural resources and power generation. It addresses, in particular, environmental problems arising in connection with production and transportation of petroleum (both on-land and offshore), mining activities, use of nuclear energy, including production of uranium and disposal of radioactive wastes, and use of fossil fuels, including transboundary air pollution and global climate effects. A special emphasis is placed on the solutions for environmental problems provided by various national regulatory systems, in particular British and North American.
Financial and Project Analysis for Natural Resources and Energy Ventures - in development
(CP500XV - 20 credits)
The main aim of this module is to introduce the student into current methods of financial and project appraisal techniques that relate to natural resources and energy organisations. This is a practical module in which evaluation techniques and concepts are taught, such as discounted cash flows and pay back period, which are applied to realistic scenarios, leading to the preparation of spreadsheets, their analysis and interpretation of results. These are set within the business framework of the overall capital budgeting processes of these organisations. The student should be able to recommend the appropriate appraisal techniques to a given capital investment, along with an appreciation of social and other non-financial features. Taxation and sources of finance are also introduced in this module, but any in-depth analyses of them can only be provided in other modules.
Induction Programme
(CP50011 - 20 credits)
This is a three-week introduction to the multi-disciplinary method of teaching at CEPMLP, compulsory attendance in Dundee is required. It introduces students to the basic principles of law, economics, finance, geology and graduate research methodology.
International and Comparative Mineral Law - available from 2009
(CP500XX - 20 credits)
The main objective of the module is to provide participants with an overview of the core concepts of mineral law as practised in various jurisdictions. The emphasis is on providing an understanding of the main issues of mineral policy, including mining codes and mining agreements. The course also gives an overview of the contemporary evolution of mining legislation, mineral investments agreements, major actors and their legal and policy status.
International and Comparative Petroleum Law and Policy
(CP50005 - 20 credits)
The main objective of the course is to provide an introduction to the main law and policy issues in the international petroleum industry, with an emphasis upon transactional arrangements concluded between host government and oil company/investors. Common and diverging objectives between the two parties and indeed among the international corporate and financial investors themselves are faced in a candid and practical way, with an emphasis upon ways of accommodating the interests of diverse stakeholders in the development of petroleum resources. A brief introduction is provided to petroleum taxation issues. The approach is a comparative one and focuses upon problem-solving techniques in a variety of settings, noting the inputs of lawyers, economists, accountants, engineers and geologists.
International Project Finance
(CP50013 - 20 credits)
This course module aims to provide an introduction to the concepts and approach which are fundamental to a wide range of international project financings, and then look at how they are applied to major projects in the energy and mining sectors. The emphasis is on providing a practical understanding of the issues and key areas of concern which are revealed by careful examination and analysis of proposed projects, and then a clear outline of how those projects are structured as commercial transactions and financed. Throughout the course the drivers for host governments adopting project financing approaches and structures are examined, particularly where there are insufficient public sector financial resources or domestic lending capacity to fund necessary infrastructure projects.
Investment Decision Making in the Energy and Mining Industries
(CP50008 - 20 credits)
The primary aim of the course is to provide a detailed consideration of the theory of finance as it applies to the energy and mining industries and to consider how the theory is applied in practice. The two key focus areas will be investment decision making with uncertainty and how the investment demands are financed.
Mineral and Petroleum Taxation
(CP50006 - 20 credits)
This module provides an introduction to mineral and petroleum taxation. It alerts students to the main policy issues in this area and the main instruments and forms of resource taxation. Rather than teaching skills in accounting and financial analysis, the course emphasises a broad understanding of the issues.
Mineral Resources Policy and Economics
(CP50014 - 20 credits)
The main objective of this course is to give an understanding of the main economic forces that drive and influence the hard-rock mineral industries, and of the major economic policy issues for the industry. Students will acquire an appreciation of both the macro- and micro-economic factors that affect the industry and that provide the context for all legal and policy issues. They will also be introduced to the various conflicting aims and objectives of all concerned with the industries, and with the consequent problems for policy resolution.
Petroleum Policy and Economics
(CP50007 - 20 credits)
The main aim is to equip the students with an understanding of how economic analysis can help inform and understand the international oil and gas industry. This requires the students to be familiar both with the relevant economic analysis and technical dimensions of the industry. In addition the course enables the student to become familiar with current issues in the industry.