Cross-Border Unitisation in the North Sea
Article from: OGEL 2 (2007), in Unitisation and JDZs
The cooperative approach of Norway and the UK to the development of common offshore petroleum deposits was path-breaking in the 1970s. It initiated a body of literature that has encouraged the idea that inter-State cooperation in the development of a common resource deposit is an emerging rule of customary international law. Since that time, the view has gained ground among States that economic pragmatism should take precedence over political differences, particularly in cases where there are ongoing disputes about borders, offshore and on-land. In retrospect however, the legal ...