International Oil and Gas Law and Policy

Understand how governments regulate the oil industry and the structure of the contracts and agreements needed to allocate risk to individual companies

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Key Facts



LLM (Hons) International Oil and Gas Law and Policy

Degree Duration

One term|Two terms

Pathways Available


15 months :

3 months pathway + 1 year degree

18 months :

6 months pathway + 1 year degree


One term :

15 months: 3 months pathway + 1 year degree


Start Dates

Degree Overview

In this course you will learn how governments regulate the oil industry. You will study the rules and regulations set out by producer governments dealing with oil and gas investors, and how the concerns of investors are dealt with.

You’ll examine the nature of the right to petroleum in the ground onshore and offshore, and the different ways in which governments can transfer or share the petroleum right with investors.

You will also learn about:
comparing the legal structure of each transfer and its practical result, risk sharing mechanisms amongst investors, how a government enforces its policy goals – depletion, safety, and environmental protection, the contractual matrix surrounding oil and gas production projects, the tax structures for resource and corporate taxes, the fundamentals of petroleum economics and the influence of changing oil prices and the nature of decommissioning installations and paying for decommissioning.

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  • You may incur additional costs in the course of your education at the University over and above tuition fees in an academic year such as laptops, Stationary and additional resources.

Why Study this Degree

By completing this course could go on to work in:international and national oil and gas companies, government policy development, tax authorities, regulators and regulatory compliance, international organisations and non-governmental organisations, banks and insurance and law firms and advisory firms

“1st in Scotland and 4th in the UK for Law”Guardian University Guide 2020

The University of Dundee is in the top 10 LLMs for Energy Law

Your Pathways

The Pre Masters Program will prepare you for the UK, EU or US study system, giving you the confidence and skills that you’ll need to go further in your studies. Depending on your academic qualification and English language level and chosen programme, you can study the IIM over one or two terms.

What’s the difference between the one or two terms?
One Term Two Terms
3 months of study Six months of study
Additional academic English and subject-related support


Learn more about Pre-Master's

University of Dundee

Ranked in The Guardian's Top 20 UK Universities in 2021, the University of Dundee prides itself on three things: Impactful research, an excellent student experience and a community campus in the city.

Situated beside the majestic River Tay, Dundee is Scotland’s sunniest city. It also has the highest student ratios per head of population anywhere in the UK so there is an exciting and diverse range of nightlife, leisure activities and culture.