Oil and Gas Contracts
Introduction
The highly interactive Discovery Tools ” Oil and Gas Contracts ” training course will provide its participants with valuable insight into the operations of the Oil & Gas Industry in a modern context. This contracts are the life blood of the industry and form the basis and foundation upon which the industry operates.
This training course will give participants a frame work within which to understand the rights and obligations of both host country and operators and how they are determined and set out in the oil & gas contracts. The legal principles involved in licencing, production sharing contracts, service contracts will be highlighted and discussed in order to provide a solid understanding of the legal basis for these contracts. Further the course will also cover sale and purchase and transportation contracts in use in the industry.
Risk management in the oil & gas industry is essential and needs to be encapsulated in the contract clauses and this course will provide the fundamental knowledge of the essential risk management features that are in these contracts. Participants will get to understand investor protection in the oil and gas industry and how this can be achieved.
The course will discuss the legal and regulatory aspects of contracts used around the world in oil and gas sector
This training course will highlight:
- Modern aspects of oil & gas contracts
- How to manage production and country risks
- Key legal and commercial risk management measure
- Investor protection by providing legal frameworks
- Negotiation tools and tactics
- Dispute resolution in cross border and international contracts
Course Objectives
By the end of this training course, participants will be able to:
- Master and comprehensively understand the legal principles of oil & gas contracts
- Understanding in depth licensing, production sharing and service contracts
- Identifying the risk factors and managing those risks through effective contractual clauses
- Understand fully the EPCIC contracts and assess operational, commercial, legal and financial risks
- Appreciate the essential elements of the different contract stages from pre to post tender then on to completion and delivery of project
- Know the relevant legal and regulatory frameworks that are in the oil & gas industry
- Learn how to use appropriate contractual clauses in oil & gas contracts
- Appreciate the best dispute resolution methods and how it will apply it in different scenarios
- Address key issues faced during project lifecycle and how to tackle these through enforceable contractual clauses
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This training course will be held in ( Istanbul / Sharm El Sheikh / Malaysia / Dubai / Cairo / Alexandria / London / Austria / Amsterdam )
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