Oil & Gas Contracts

In this Oil & Gas Contracts training course, participants will gain greater understanding of the subject matter through presentations by an experienced international practitioner designed to both inform and broaden the perspectives of the participants. Case studies will be reviewed and discussed bearing in mind some of the realistic scenarios participants have encountered. Interactive discussions on problems and possible solutions will be encouraged.

By the end of this Oil & Gas Contracts training course, participants will:

• Master and comprehensively understand the legal principles of oil and gas contracts
• Understanding in depth licensing, production sharing and service contracts
• Identifying the risk factors and managing those risks through effective contractual clauses
• Know the relevant legal and regulatory frameworks that are in the oil and gas industry
• Learn how to use appropriate contractual clauses in oil and gas contracts
• Appreciate the best dispute resolution methods and how it will apply it in different scenarios

This Gulf Rowad Oil & Gas Contracts training course will benefit all levels of personnel involved in any aspect of project procurement and implementation in the oil and gas sector.  It will enable a broad range of disciplines to appreciate and understand the complexities of this industry, and how best to manage risk.

This training course is appropriate to a wide range of professionals but will greatly benefit:

• Legal Managers, Legal Counsel
• Commercial and Business Managers
• Contracts Administrators, and Managers
• Commercial, Financial and Insurance Professionals
• Project and General Management

Organisational Impact

The organisation will benefit by:

• Personnel in the organisation will be conversant with oil and gas contracts, licensing and productions rights
• Having a full understanding of the fundamental legal principles involved in licensing, production sharing contracts and service contracts
• Knowledge of the legal basis for these contracts
• Being able to anticipate and deal with issues and ramifications pertinent to energy contracts
• Strategizing on risk management techniques that can be used in the Oil and Gas contracts
• Senior management know the options available to enable them to negotiate terms and conditions of oil and gas contracts for upstream and downstream

Personal Impact

This Oil & Gas Contracts training course teaches the competencies that enable the attendees to:

• Obtain the essential skill sets to negotiate oil and gas contracts clauses
• Manage and production and commercial risks through well drafted contract clauses
• Gain the ability to formulate a comprehensive thought out approach to contracting
• Demonstrate a professional understanding of apportioning risk and liability between the parties to the oil and gas contracts
• Work out a contracting strategy to meet company’s goals
• Customise bespoke contracts suited to needs of their company