University of Aberdeen: Law and Economics of Oil and Gas (MSc)

InstitutionUniversity of Aberdeen View institution profile
Department Business School
Telephone 01224 272090
Study type Taught


Our unique Masters programme combines the disciplines of Economics and Law to equip students with the necessary economic and legal skills required for a successful career in the oil and gas industry or governmental organisations. We recognise that the global oil & gas sector has evolved in a complex environment characterised by various influential factors such as; government-controlled hydrocarbons, financial markets, the global crude oil market, economic uncertainty, licensing, taxation and contracts. These crucial factors bear significant influence on decision making in projects and in government policies, therefore a comprehensive knowledge of the relative economics and law is essential.

The University of Aberdeen is an established leader in teaching and research in the field of energy, and our new MSc builds on our considerable strengths in these areas. Given the success of the existing relative programs such as the MSc Petroleum, Energy Economics and Finance, LLM International Commercial Law and LLM in Oil and Gas and Energy and the profile of energy specialists in the University, we can clearly claim to be experts in these fields.

Students will benefit from interacting with world leading researchers in the field of energy economics and law such as Professor Alex Kemp, OBE and from access to the Aberdeen Institute of Energy, powered by the University and our strong links with industry and policymakers.

1 course option

Qualification MSc
Level SCQF Level 11
Entry requirements

The minimum entry requirements for this programme is a degree at 2:1 (upper second class) UK Honours level (or a degree from a non-UK institution which is judged by the University to be of equivalent worth).


Assessment is by course work, written examination or through a combination of those, as prescribed for each module.


Students will have the opportunity to explore a range of themes to broaden their knowledge and sharpen their critical analysis of current global debates and challenges Students will study a range of themes, these include: Licensing and upstream taxation, Investment appraisal techniques and risk analysis, Health, safety and environmental regulation, Crude oil market, determinants of oil supply and demand, Principles of accounting, Principals and features of oil and gas contracts.

Location Main Site
University Office
Regent Walk
King's College
AB24 3FX


EU 7800 GBP for Year 1
England 7800 GBP for Year 1
Northern Ireland 7800 GBP for Year 1
Scotland 7800 GBP for Year 1
Wales 7800 GBP for Year 1
Channel Islands 7800 GBP for Year 1
International 16900 GBP for Year 1

University of Aberdeen


"96% of our graduates enter jobs, research posts or further study within six months of graduating."


University of Aberdeen Founded in 1495, the University of Aberdeen is the fifth-oldest university in the UK, and combines ancient tradition with the best in modern teaching and study facilities.

The University has an excellent reputation for teaching quality and research. In fact, over the years, 5 Nobel Prizes have been awarded for work carried out or begun at the University.

The University has a student population of around ...

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