Navigating Pre-emption Rights in Oil and Gas Transactions: 10 Practical Steps
Ashurst LLP
Pre-emption rights are a common feature in oil and gas transactions. Recent high-profile disputes such as the arbitration between ExxonMobil and Hess Corporation have shed light on the potential impact such rights can have. This chapter explores what pre-emption rights in joint venture agreements (such as joint operating agreements (“JOAs”) and shareholders’ agreements) are, how they differ from similar rights, and how.... |
