North Sea Energy Law

In physics, energy is the quantitative property that must be transferred to an object in order to perform work on, or to heat, the object. Energy is a conserved quantity; the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The SI unit of energy is the joule, which is the energy transferred to an object by the work of moving it a distance of 1 metre against a force of 1 newton.

Law is a system of rules that are created and enforced through social or governmental institutions to regulate behavior. Law is a system that regulates and ensures that individuals or a community adhere to the will of the state. State-enforced laws can be made by a collective legislature or by a single legislator, resulting in statutes, by the executive through decrees and regulations, or established by judges through precedent, normally in common law jurisdictions. Private individuals can create legally binding contracts, including arbitration agreements that may elect to accept alternative arbitration to the normal court process. The formation of laws themselves may be influenced by a constitution, written or tacit, and the rights encoded therein. The law shapes politics, economics, history and society in various ways and serves as a mediator of relations between people.

A sea is a large body of salt water that is surrounded in whole or in part by land. More broadly, "the sea" is the interconnected system of Earth's salty, oceanic waters—considered as one global ocean or as several principal oceanic divisions. The sea moderates Earth's climate and has important roles in the water cycle, carbon cycle, and nitrogen cycle. Although the sea has been traveled and explored since prehistory, the modern scientific study of the sea—oceanography—dates broadly to the British Challenger expedition of the 1870s. The sea is conventionally divided into up to five large oceanic sections—including the International Hydrographic Organization's four named oceans (the Atlantic, Pacific, Indian, and Arctic) and the Southern Ocean; smaller, second-order sections, such as the Mediterranean, are known as seas.