Contractul de Farm-Out (The Farm Out Contract)

Abstract

Romanian Abstract: Contractul de transfer al drepturilor derivate din acordurile de concesiune petroliera (cunoscut drept contractul de Farm-Out), este unul dintre cele mai uzitate contracte in industria petroliera, inclusiv in Romania. Cu toate acestea pana in prezent mediul academic nu i-a acordat suficienta atentie. Articolul de fata doreste sa umple acest vid si sa ofere celor interesati o prezentare de ansamblu a contractului din perspectiva legislatiei romane in materie. De asemenea, fara a fi exhaustiv, articolul analizeaza in detaliu cele mai importante aspecte, atat teoretice cat si practice, ale contractului, cu dorinta declarata de a oferi juristilor care activeaza in domeniu un instrument care sa le fie cat mai util in activitatea lor. Nu in ultimul rand, speram ca articolul sa fie doar punctul de start al analizei unui domeniu de o importanta capitala si care, din motive inexplicabile, a fost ignorat pana acum de doctrina juridica romaneasca. English Abstract: The contract for the transfer of rights deriving from oil and gas concession agreements (known as the Farm-Out Contract) is one of the most used contracts in the petroleum industry, including in Romania. However, so far Romanian scholars have not given it enough consideration. This article wishes to fill this void in and provide those interested an overview of the contract from the perspective of Romanian legislation. Without being exhaustive, the article examines in detail the most important aspects of the contract, both theoretical and practical, with the stated desire to provide lawyers working in the field with an useful instrument to their work. Last but not least, we hope that the article is only the starting point of the analysis of an area of paramount importance that, for unexplained reasons, has been ignored so far by Romanian legal literature.