Oil and gas remain foundational to the global economy, and the technical, commercial and legal frameworks that enable their exploration, development and monetisation are intricate and highly specialised.

Now in its fully updated fourth edition, this best-selling volume provides a clear, practical roadmap to documenting oil and gas transactions across the value chain – from upstream exploration and appraisal, through midstream and downstream development and production, and culminating in the monetisation of hydrocarbons. It distils the essential principles that practitioners need to navigate contracts, risk allocation, regulatory considerations and deal execution in a single reference.

Edited by Renad Younes, partner at Gibson, Dunn & Crutcher LLP and adjunct professor at New York University Abu Dhabi, the fourth edition features fresh insights and new chapters contributed by leading practitioners worldwide. The result is a comprehensive, practice-oriented guide for lawyers, commercial managers and policymakers seeking a deeper understanding of the commercial drivers and legal structures that underpin modern oil and gas projects.