Attend this 4 day course and you will discover:
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Key Players in the International Oil and Gas Industry
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Negotiation Techniques and the Role of Counsel
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Explanation & Analysis of Key Provisions in International Oil & Gas Contracts, including:
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Principal Standard Form Contracts used in the industry including the North Sea LOGIC/CRINE and the Association of Independent Petroleum Negotiators (AIPN) standard form contracts
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International Dispute Resolution Framework and Institutions: challenges unique to the oil and gas industry
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Key Legal Contractual Risk Management Issues
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In an optional one day course, Introduction to key English Contract Law Principles.
Module 1: (Day 1 – Optional)
Designed for people with no experience in contract law or those needing a refresher
Module 2: (Day 2–4)
International Oil & Gas Contracts.
*Modules can be booked together or separately
Course introduction
Professionals of the oil and gas industries are more than ever required to know and understand the regulations and practices governing their industry. This requirement extends not just to lawyers, but also geologists seeking out new mining sites, engineers planning the drills, and those responsible for drawing up mining contracts, who all need to know the legal technicalities affecting their industry. However, knowledge of the black letter law is no longer enough; a practical understanding of operations is also a necessity.
During this Euromoney training, delegates will acquire the fundamentals of international oil and gas agreements, along with negotiation techniques and strategies that work in international and multicultural settings. Delegates will also learn how to effectively negotiate in concert with counsel and how to get the terms negotiated incorporated into an enforceable international oil and gas agreement.
The hands-on practical exercises will give you an understanding of the art of negotiations. Delegates will understand the components of “the deal”, timing, strategies for gaining the upper hand in negotiations, games opponents play, good vs. bad negotiations and the pitfalls of positional bargaining.
After attending this course, delegates will be better equipped to negotiate profitably with international companies and governments in order to produce enforceable agreements that contain terms and conditions most productive for their company.
Market & expected outcomes
The four day training course is specifically designed for professionals involved internationally in the oil and gas industry, it offers a unique opportunity to rapidly increase your understanding of the legal issues involved in various UK and international scenarios and to improve your techniques and skills in drafting a variety of international contracts.
Who should attend?
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Commercial Managers in the Oil and Gas sector looking to improve their contract negotiation skills and overall commercial performance
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Legal practitioners in the Oil and Gas Sector looking to increase their knowledge
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Legal practitioners in Private Practice looking to specialise in Oil and Gas Law
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Insurance and Risk Managers looking to reduce the legal and contract risks for their companies
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Academics/Students looking to increase or specialise in the area of Oil and Gas Law
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Government Departments, Policy Makers and Regulators
Day 1 (Module 1–Optional)
This day should be attended by any delegates who have no recent formal education in contract law, and is a necessary prerequisite to the oil and gas specific materials to be covered over the following four days. This day will act as a refresher session to delegates with formal contract law education but is not necessary.
The legal framework and contract law I
- The UK Legal System including sources of law
- English Contract Law: contract formation
- English Contract Law: contract terms
Workshop 1- Contract terms and content
Delegates will be presented with some problem solving exercises in which they will consider some issues surrounding the terms in some mock contractual situations.
Contract law II
- English Contract Law: interpretation of contract terms
- English Contract Law: remedies for breach of contract
Workshop 2- interpretation of contract terms
Delegates will consider some exercises in which the principles of interpretation of contracts will be used to find practical solutions to ambiguous contract terms, and will consider better ways in which the contract could have been framed.
*Designed for people with no experience in contract law or those needing a refresher
Day 2 (Module 2)
International Oil & Gas Industry and its Key Players- with special focus on the UKCS
- Terminologies & Introduction to the oil Industry
- Nature of Ownership in Oil and Gas; The Law of the Sea and Sovereignty over Natural Resources
- Developments of Contractual, Licensing, and Fiscal Arrangements in the UKCS
- Structure Used in Regulating the UK Oil and Gas Industry
- Infrastructure development
- Boundary disputes
- Host country legislation
OPERATION: Granting Instruments (Association of Independent Petroleum Negotiators- AIPN)
- Key Players and Main Function, Relationships, Examples
- Exploration grants
- Production grants
- Licensing, Exploration and Appraisal
- Development & Production Operations
- Decommissioning: information on the legislative framework in the UKCS and Internationally
- Standard Agreements for the UK Offshore Oil & Gas Industry
- Supply Chain
Delegates will compare and contrast various granting instruments from around the world.
Workshop 3- Introduction and infrastructure
Delegates will review and consider issues discussed with a particular emphasis on the UKCS Licensing Regime
Day 3 (Module 2)
Some Important Oil & Gas Contractual Issues: An Examination
This part (Day Three and Day Four) focuses on the typical commercial issues and arrangements in the international oil & gas industry. It also considers how to negotiate and review international oil and gas contracts, how to asses and manage risk, how to avoid common contract pitfalls, and how to make an effective use of alternative dispute resolution option.
Joint Operating Agreements (JOA’S)
- AIPN model form international operating agreement
- Drafting issues
Workshop 4: Joa drafting
Delegates will discuss drafting issues arising out of JOA’s and in doing so will consider some practical drafting examples.
Participation Agreements
- Farm in/farm out agreements
- AIPN model forms for these agreements
- Unit Operating Agreement/Unitisation
- What is it?
- Why do it?
Delegates discuss the effects of Participation Agreements and the effects of Unitisation.
The LOGIC Contracting Structure
- The structure of the LOGIC contract suite
- Some key LOGIC contractual provisions examined
Workshop 5: Logic contracts
Delegates will work through some common LOGIC contract provisions and will consider the situations in which some of these key clauses could be used.
Purchase Sale Agreements
- AIPN model purchase sale agreements
Delegates will debate the consequences of purchase sale agreements and the merits of the AIPN model agreements.
Day 4 (Module 2)
- Confidentiality and Bidding Issues
- AIPN model form confidentiality agreement
- AIPN model form international study and bid group agreement
- Contract Negotiation
- Contract Reviewing
- Due Diligence & Risk Management
- Managing Oil and Gas Contracts
Workshop 6: due diligence and risk management
Delegates will consider an exercise involving due diligence and risk management implementation in negotiations on an oil and gas transaction.
Dispute resolution in oil and gas contracting
- Types of dispute resolution vehicles: negotiation, arbitration, mediation, litigation, expert determination
- Importance of the dispute resolution clause
- Framing the dispute resolution clause
- Ad hoc dispute resolution agreements
Workshop 7: The dispute resolution clause
Delegates will consider some examples of dispute resolution clauses and will critically examine these with a view to considering some of the essential ingredients of such a clause, as ideally framed.
25-28 Jun 2013 (London, UK)
10-13 Dec 2013 (London, UK)
17-20 Jun 2014 (London, UK)
This Euromoney Energy Training course examines markets, pricing and products to provide you with a thorough overview of the sector. The course will explore mechanisms and tools for both physical and financial oil trading allowing unparalleled access to the world of trading, its role within the oil industry and its importance in the success of oil companies. You will leave this course with a thorough understanding of the workings of crude oil markets and the range of contracts, tools and techniques available to traders.
27-29 Nov 2013 (London, UK)
18-20 Jun 2014 (London, UK)
26-28 Nov 2014 (London, UK)
This Euromoney Energy Training course examines the roles of benchmarking and performance monitoring through key performance indicators and the analysis of business models.
15-18 Jul 2013 (Paris, France)
A 4-day intermediate training course providing effective training in the critical considerations and conditions for successfully concluding Gas and LNG Sales Agreements. The course will enable you to gain an insight into the way in which Buyers and Sellers view and negotiate Gas and LNG Sales Agreements, and will give you a detailed understanding of the terms that are important in these transactions.
16-19 Dec 2013 (London, UK)
This Petroleum Company Performance Management training course has been designed to offer personnel from corporations and financial institutions a full complement of tools to use most effectively in developing and analysing the corporate performance measures for oil and gas companies.
16-19 Sep 2013 (London, UK)
7-10 Apr 2014 (London, UK)
15-18 Sep 2014 (London, UK)
The Commercial and Trading Aspects of Oil Refining course will provide you with in-depth knowledge of the refining business and an understanding of how trading/hedging can improve margins and reduce risk. Discover how to optimise refinery margins and manage the profitability of commercial refining.
19-23 Aug 2013 (London, UK)
11-15 Aug 2014 (London, UK)
This Euromoney Energy Training course provides a comprehensive overview of the oil and gas industry from upstream exploration and production to downstream refining, sales and marketing. You will gain an appreciation of industry dynamics and the key issues affecting its development and future. This course will provide a thorough foundation for understanding the changing industry dynamics.
7-9 May 2014 (London, UK)
This course will investigate the mechanisms for trading physical oil, freight, shipping and derivatives to optimise margins and achieve profit targets. The interdependence between oil markets and ship chartering will be extensively explored, revealing links to the derivative markets and the use of trading tools.
16-18 Oct 2013 (London, UK)
12-14 Feb 2014 (London, UK)
15-17 Oct 2014 (London, UK)
This Euromoney Energy Training course provides a comprehensive overview of the oil and gas industry from upstream exploration and production to downstream refining, sales and marketing. Under the guidance of our expert course faculty, participants will gain an appreciation of industry dynamics and the key issues affecting its development and future.
10-12 Jul 2013 (Paris, France)
This 3-day Euromoney Energy Training course will give you an in-depth understanding of the problems and solutions in unit formation, negotiation of participation factors and operating agreements. The role of governmental agencies in consent and oversight will also be discussed.
24-27 Jun 2013 (London, UK)
9-12 Dec 2013 (London, UK)
This practical Euromoney Energy Training course will enable delegates from all technical and commercial disciplines to understand the theories and methods used to value oil and gas projects. The four-days will reveal the fundamental aspects of upstream petroleum economics and risk analysis. Through computer-based exercises, participants will construct economic models, incorporating relevant cash flow data for case study projects and scenarios.
8-10 Oct 2013 (Singapore)
This course explores the structure and mechanisms of production sharing contracts (PSC's) for upstream oil and gas projects. Studying the underlying processes and commercial drivers, participants will examine case studies to illustrate the economic structure of these complex agreements.
2-4 Dec 2013 (London, UK)
14-16 May 2014 (London, UK)
3-5 Dec 2014 (London, UK)
Euromoney Energy Trainings Petroleum Sales Contracts course is designed to give attendees a comprehensive understanding of crude oil, natural gas and refined products markets and the sales contracts that are utilised for transactions through the supply chain.
17-19 Sep 2013 (London, UK)
This course explores the structure and mechanisms of production sharing contracts (PSC’s) for upstream oil and gas projects. Studying the underlying processes and commercial drivers, participants will examine case studies to illustrate the economic structure of these complex agreements.
14-16 Oct 2013 (London, UK)
This 3 day Upstream Oil and Gas Acquisition and Divestment course will explain how upstream oil and gas assets are traded from both buyer and seller perspectives.
The course includes references to failed and successful deals and provides valuable insight into how to conclude successful transactions.
The principles of Licensing Rounds, Farm In and Farm Out processes are explored as well as key industry processes underpinning these transactions. It includes assessment of case studies, and an element of group work based on an “acquisition and divestment opportunity” where buyers and sellers meet to consider an opportunity and to “close a deal”.
18-21 Nov 2013 (Singapore)
People coming to energy risk management for the first time are taken aback by the extreme market conditions that are commonplace in the complex markets of oil, coal, and above all, gas and electricity. Levels of volatility and basis risk are unprecedented: and there are additional risks that are unique to energy. This course shows delegates how to deploy traditional risk management tools in the challenging context of volatile energy markets, and to extend these techniques to master the unique risk characteristics of gas and electricity.
18-20 Sep 2013 (London, UK)
19-21 Mar 2014 (London, UK)
17-19 Sep 2014 (London, UK)
This 3 day course concentrates on a review and analysis of energy trends over the next 20 years. While predicting future energy trends can be fraught with uncertainties, attention is given to reviewing and analysing a variety of key market drivers, applying sensitivities and discussing probable outcomes.
13-15 Nov 2013 (Singapore)
9-12 Dec 2013 (London, UK)
For operator drilling contractor and service company personnel that desire a specialised familiarisation, understanding and comprehension of Deepwater Drilling Operations, equipment, processes, systems and activities.
5-7 Jun 2013 (London, UK)
4-6 Jun 2014 (London, UK)
This 3-day course is designed to give attendees a comprehensive understanding of
crude oil markets, their valuation and pricing. Trades have evolved significantly over the past 40 years and reflect the major changes that include market liberalisation and globalisation. Commodity, Commodity Trading, Commodity Pricing, Crude Oil Pricing, Crude Oil Valuation.
26-29 May 2013 (Dubai, United Arab Emirates)
This 4-day training course will enhance your understanding of the legal issues involved in production sharing contracts and to improve your negotiation techniques.
24-28 Jun 2013 (London, UK)
Featuring 3–individually bookable modules:
- Upstream development & production
- Mid-stream pipelines & LNG projects
- Downstream oil refineries & petrochemical plants
- Including: 16 key industry case studies to improve your understanding
2-5 Sep 2013 (London, UK)
This course illustrates the critical role drilling provides in the expanding offshore oil and gas sector. Offshore drilling hardware, technologies, rig equipment and systems components are explained in the context of offshore exploration, appraisal and development drilling.
28 Oct 2013 - 6 Nov 2013 (Hong Kong)
This course will enable participants with skills to identify and analyse prospective borrowers, structure credit facilities, and prepare credit applications for formal presentation and approval by bank credit committees. These skills can be used by the origination teams and credit teams of lenders and to support organisations which run or sponsor projects.
9-12 Sep 2013 (London, UK)
This four day training course is specifically designed for
professionals involved internationally in the oil and gas
industry, it offers a unique opportunity to rapidly
increase your understanding of the legal issues involved
in various international scenarios and to improve your
techniques and skills in drafting a variety of
international contracts.
14-17 Oct 2013 (London, UK)
This 4-day course is designed to introduce both lawyers and nonlawyers alike to the understanding of how contracts in the oil & gas industry actually work and how to avoid and manage disputes.
16-20 Sep 2013 (London, UK)
This 5-day course is designed to introduce both lawyers and nonlawyers alike to the theories and practice of international commercial and investment arbitration in the oil & gas industry.
9-12 Dec 2013 (London, UK)
This four day training course is specifically designed for professionals involved internationally in the oil and gas industry, it offers a unique opportunity to rapidly increase your understanding of the legal issues involved in various
international scenarios and to improve your techniques and skills in drafting, reviewing, and executing a variety of
international contracts.
2-5 Dec 2013 (London, UK)
This 4-day course will equip delegates with a critical understanding of why and how the law with respect to upstream and downstream oil and gas operations is rapidly changing, in view of the increasing importance of environmental and sustainable development issues.
21-24 Oct 2013 (London, UK)
14-17 Apr 2014 (London, UK)
Four-day workshop that comprises reviewing, analysing and discussing the key elements of joint venture agreements and alliances, business relationships and their operational implementation.
10-11 Jun 2013 (London, UK)
This 2-day course is designed to introduce both lawyers and non-lawyers alike to the key techniques, tools and strategies of successful negotiation of contracts in the energy sector.
15-17 Jul 2013 (London, UK)
This 3-day course is designed to introduce both lawyers and nonlawyers alike to the understanding of how to arrange and manage EPC contracts and how to avoid and manage disputes.
15-18 Jul 2013 (London, UK)
4-7 Nov 2013 (London, UK)
7-10 Jul 2014 (London, UK)
3-6 Nov 2014 (London, UK)
4 days of course modules that focus on the review and examination of the key elements of the supply chain from upstream activities of exploration, development and production through transportation to downstream sector that involves trading, refining, petrochemicals and final distribution to the consuming markets.
22-25 Sep 2013 (Riyadh, Saudi Arabia)
This practical Euromoney Energy Training course will enable delegates from all technical and commercial disciplines to understand the theories and methods used to value oil and gas projects. The four-days will reveal the fundamental aspects of upstream petroleum economics and risk analysis. Through computer-based exercises, participants will construct economic models, incorporating relevant cash flow data for case study projects and scenarios.
28-31 Oct 2013 (Johannesburg, South Africa)
This 4-day course is designed to introduce both lawyers and nonlawyers alike to the understanding of how contracts in the renewable industry actually work and how to avoid and manage disputes.
11-13 Nov 2013 (Doha, Qatar)
This 3-day course is designed to introduce both lawyers and nonlawyers alike to the understanding of how to arrange and manage EPC contracts and how to avoid and manage disputes.
25-26 Nov 2013 (Kuala Lumpur, Malaysia)
This 2-day course is designed to introduce both lawyers and non-lawyers alike to the understanding of how Procurement Strategy for the Oil & Gas Industry actually works. This course is delivered by combining a substantive legal understanding together with a practitioner's perspective.
17-20 Jun 2013 (London, UK)
This 4 day International Oil & Gas Contracts course is specifically designed for professionals involved internationally in the oil and gas industry, it offers a unique opportunity to rapidly increase your understanding of the legal issues involved in various UK and international scenarios and to improve your techniques and skills in drafting a variety of international contracts.
9-12 Dec 2013 (New York, United States)
This 4-day course is designed to introduce both lawyers and nonlawyers alike to the understanding of how contracts in the renewable industry actually work and how to avoid and manage disputes.
9-12 Sep 2013 (Singapore)
This 4-day course is designed to introduce both lawyers and non-lawyers alike to the understanding of how Procurement Strategy for the Oil & Gas Industry actually works. This course is delivered by combining a substantive legal understanding together with a practitioner's perspective.
Objectives
The objectives of the conference will be to
provide a practical understanding
• Provide an understanding of the tendering and contracting process
• Provide an understanding of techniques to avoid collusion or corruption during the tendering process
• Develop an understanding of ways to select bidders
• Show how to develop Invitations to Tender, and how to manage the tendering process
• Understand and manage the negotiation process
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Who should attend
• Tender or Bidding Managers
• Contract Administrators
• Contracting Unit Supervisors
• Project Engineers and Project Managers
• Business Audit Officers
• Contract Strategists
• General Managers involved in developing contracts or contract negotiation
24-27 Jun 2013 (Dubai, United Arab Emirates)
This 4-day course is designed to introduce both lawyers and nonlawyers alike to the understanding of how contracts in the oil & gas industry actually work and how to avoid and manage disputes.
21-24 Dec 2013 (Riyadh, Saudi Arabia)
This 4 day International Oil & Gas Contracts course is specifically designed for professionals involved internationally in the oil and gas industry, it offers a unique opportunity to rapidly increase your understanding of the legal issues involved in various UK and international scenarios and to improve your techniques and skills in drafting a variety of international contracts.
24-27 Jun 2013 (London, UK)
The Energy Risk Management: Mastering Volatile and Complex Markets course is a comprehensive and systematic introduction to risk management for complex energy markets. The course will detail why and how risks in energy – particularly gas and electricity - are more acute than in other traded market sectors, and how classic risk management techniques must be adapted and extended to meet these demanding conditions.
3-5 Jun 2013 (London, UK)
This course will give you an in-depth introduction to petroleum refining technology and economics. The focus is on transportation fuels refineries, however, petrochemical production and biofuels are also discussed. The first part of the program includes an
overview of crude oil supply and petroleum product demand. This is followed with a description of refinery process technology. Key refining technologies are described such as crude oil distillation, heavy oil conversion options, hydrotreating, and catalytic reforming.
16-18 Sep 2013 (London, UK)
18-20 Nov 2013 (Singapore)
This course will give you an in-depth introduction to petroleum refining technology and economics. The focus is on transportation fuels refineries, however, petrochemical production and biofuels are also discussed. The first part of the program includes an
overview of crude oil supply and petroleum product demand. This is followed with a description of refinery process technology. Key refining technologies are described such as crude oil distillation, heavy oil conversion options, hydrotreating, and catalytic reforming.
23-26 Sep 2013 (Rio de Janeiro, Brazil)
This 4-day training course will enhance your understanding of the legal issues involved in production sharing contracts and to improve your negotiation techniques.
3-5 Jun 2013 (New York, United States)
This Petroleum Company Performance Management training course has been designed to offer personnel from corporations and financial institutions a full complement of tools to use most effectively in developing and analysing the corporate performance measures for oil and gas companies.
5-8 Nov 2013 (Dubai, United Arab Emirates)
This is a practical & interactive course with the aim of developing a clear & critical understanding of the wider macroeconomics of business, including topical economic developments and policy decisions spanning a range of countries of interest to participants.
18-22 Nov 2013 (Accra, Ghana)
Attend Euromoney Energy Training's 5-day training course on Upstream Economics & Fiscal Modelling School featuring two modules:
1. Upstream Petroleum Economics & Risk Analysis
2. Optional Module covering the Nigerian Upstream Fiscal System and Petroleum Industry Bill.
11-14 Jun 2013 (Paris, France)
This is a practical & interactive course with the aim of developing a clear & critical understanding of the wider macroeconomics of business, including topical economic developments and policy decisions spanning a range of countries of interest to participants.
2-4 Dec 2013 (Dubai, United Arab Emirates)
This 3-Day accelerated course offers a wide array of tools and techniques to fully understand and effectively manage the Supply Chain Value of the Oil and Gas industry. This course is designed to suite the wide background of delegates.
21-24 Oct 2013 (London, UK)
This 4-day training course will enhance your understanding of the legal issues involved in production sharing contracts and to improve your negotiation techniques.
28-31 Oct 2013 (Mumbai, India)
This 4-day training course will enhance your understanding of the legal issues involved in production sharing contracts and to improve your negotiation techniques.