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Record W4413260727 · doi:10.61838/jecj.2.4.19

Good Governance and Legal Challenges in Drafting International Oil and Gas Contracts

2024· article· en· W4413260727 on OpenAlexaboutno aff
Javad Mirhaj, Mohsen Malekafzali ardekani, Mahmod Sofiabadi

Bibliographic record

VenueThe Encyclopedia of Comparative Jurisprudence and Law · 2024
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicNatural Resources and Economic Development
Canadian institutionsnot available
Fundersnot available
KeywordsTransparency (behavior)Corporate governanceGood governanceBusinessAccountabilitySanctionsGlobal public goodEconomicsPublic goodFinancePolitical scienceLaw

Abstract

fetched live from OpenAlex

The oil and gas industry, as one of the strategic sectors of the global economy, plays a pivotal role in economic development and energy supply. In Iran, the high dependence of the national economy on oil revenues makes the efficient management of this industry imperative. This article focuses on the concept of good governance and examines the legal challenges in drafting international oil and gas contracts, while proposing solutions to enhance the structure of such agreements. Good governance, through principles such as transparency, accountability, rule of law, and public participation, can reduce corruption, attract investor confidence, and ensure resource sustainability. The identified legal challenges include conflicts between national and international laws, information asymmetry, corruption, international sanctions, complexities in negotiations, environmental issues, and weaknesses in contract enforcement. These obstacles hinder the realization of good governance principles and affect the effectiveness of contracts. Contract theory and risk distribution frameworks provide theoretical foundations for analyzing these challenges and emphasize the importance of balancing interests, flexibility, and transparency. International experiences, such as those of Norway and Canada, demonstrate the success of good governance in sustainable resource management, while examples like Nigeria and Venezuela reveal the consequences of weak governance. The proposed solutions include improving the transparency of bidding processes, strengthening independent regulatory institutions, designing flexible contracts, joining international initiatives such as the Extractive Industries Transparency Initiative (EITI), involving local communities, employing modern technologies, enhancing human capacity, and developing comprehensive legal frameworks. These reforms can increase the effectiveness of contracts and strengthen Iran’s position in the global energy market. The implementation of these solutions, especially under sanction conditions, requires political will and international cooperation to achieve sustainable and equitable development in Iran’s oil and gas industry.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.938
Threshold uncertainty score0.382

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.032
GPT teacher head0.258
Teacher spread0.226 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2024
Admission routes1
Has abstractyes

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