Course dates
Course overview:
The complexity of the oil and gas industries frequently results in projects being undertaken by joint ventures, alliances and other strategic groupings. Forming a successful alliance, whatever its format, is a complex process requiring a high degree of experience and expertise.
At this school Dr Ken Mildwaters, an acknowledged international expert with a wealth of experience in helping clients to formulate successful and effective business partnerships, will discuss with participants why parties come together in a cooperative endeavour to undertake a phase of a project, the legal forms they might use in so doing, the relationships created by the forms and the principle legal and commercial issues that affect those relationships.
The school will prove invaluable to CEOs, COOs and CFOs engaged in major new, ongoing and potential ventures in the oil and gas sector, and also to their internal and external legal advisers.
How this course will help you
The course will cover:
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The contract matrix in the oil & gas industry
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Key agreements and examples of those agreements
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The relationship matrix from a contractual and a corporate perspective
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The legal principles that shadow relationships
- Specific issues affecting relationships
Who should attend:
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Commercial managers in the oil and gas sector
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Insurance and risk managers
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In-house lawyers involved in oil and gas sector
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Lawyers in private practice involved in oil and gas law
Day 1
Industry context and background knowledge
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Context
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Petroleum legislation
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Authorisations
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The commercial contractual matrix
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The overshadowing legal principles applicable
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Contract structure
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Rules of contract interpretation
Boilerplate provisions
Memorandum of understanding, letters of intent, heads of terms and term sheets
Confidentiality/non-disclosure, exclusivity, and non-circumvention agreements
Day 2
Mutual interest, joint study / joint bidding and technical assessment agreements
Joint operating agreements
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Participants
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Scope
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The operator
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The non-operators
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The operating committee
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Sole risk operations
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Non-consent operations
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Assignment and transfer
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Encumbrances
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Default
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Force majeure
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Duration and termination
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Guarantees, indemnities and undertakings to procure performance
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Covenants, undertakings and relationship
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Publicity
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Corrupt practices
- Dispute resolution
Day 3
Farm-out/farm-in and sale of interest, carried interest, overriding royalty interest and net profit interest agreements
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Methods of financing activities
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Farm-out/farm-in and sale of interest agreements
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Carried interest agreements
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Overriding royalty interest and net profit interest agreements
Service agreements
Unitization agreements
FPSO agreements
Lifting, balancing and transport agreements
Storage agreements
Pipeline agreements
Day 4
Gas sale agreements
Day 5
Crude oil sale agreements
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Long term and spot contracts
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FOB and CIF contracts
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Forward market and futures contracts
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Pricing formulae
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Bills of lading
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Quantity
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Quality
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Delivery
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Measuring and testing
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Passing of risk and title
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Invoicing and payment
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Letters of credit
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Laytime and demurrage
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Telephone, telefax and email contracts
Abandonment and decommissioning agreements
Hotel in Central London, London, United Kingdom
Venue and Accommodation Information
All Euromoney Legal Training events are held at four or five star venues in Central London, Zone 1. We strive to provide you with a training environment of the highest quality, to ensure that the whole learning experience exceeds you expectations.
We have selected several venues across Central London, that we are confident meet our strict criteria for quality, service and professionalism. Each venue also offers accommodation for Euromoney Delegates at discounted professional rates.
Your training venue will be confirmed by one of our course administrators approximately 3-4 weeks before the course start date. Euromoney Legal Training can however recommend the following venues:
The Rembrandt, Knightsbridge
The Rembrandt is a spectacular hotel with the timeless ornate architecture and traditional qualities of an Edwardian building. Located in the exclusive area of Knightsbridge, the hotel was originally built as apartments for Harrods, as such all rooms have an individual shape, giving them each their own special feel. Each of the training rooms have natural daylight and a private lobby area.
For more information visit http://www.sarova.com/rembrandt or call +44 (0)20 7589 8100
Millennium Knightsbridge
The four-star deluxe Millennium Hotel London Knightsbridge is situated in the heart of one of the best shopping areas of London. Of all the hotels in Knightsbridge, this Millennium Hotel is amongst one of the most contemporary and stylish Knightsbridge hotels in the area. This Knightsbridge hotel has excellent transport links - only a short walk from Knightsbridge underground station on the Piccadilly line and just 40 minutes from London Heathrow Airport via the underground.
For more information visit www.millenniumhotels.co.uk/millenniumknightsbridge or call +44 (0)20 7235 4377
Crowne Plaza, Kensington
The stylish Crowne Plaza London-Kensington hotel is a short walk from Victorian shopping, royal parks and London's epic museums. All the training rooms are fed with natural daylight with lunch or coffee breaks taking place on their attractive garden terrace.
For more information visit http://www.ichotelsgroup.com/crowneplaza/hotels/us/en/london/lonke/hoteldetail or call +44 (0)20 7373 2222
London Marriott Hotel, Kensington
Located close to Central London in the heart of Kensington, the London Marriott Kensington is perfectly situated for the best shopping and tourist attractions.
For more information visit http://www.marriott.co.uk/hotels/travel/lonlm-london-marriott-hotel-kensington
The Regency Hotel, Kensington
The hotel is conveniently located for all major transport links, such as London’s Heathrow, Gatwick and Stanstead airports, all major London train stations, and is a short walk from the nearest tube station (South Kensington, Piccadilly Line).
For more information visit www.londonregency.com or call +44 (0) 207 373 7878
Radisson Edwardian, Central London
The Radisson Edwardian offers a wide range of venues and accommodation across Central London, including such famous London areas as Covent Garden, Leicester Square and Mayfair. Each location offers 4-star accommodation and training facilities.
For more information visit www.radissonedwardian.com or call +44 (0)800 37 44 11
Euromoney Legal Training has also appointed approved and independent booking agencies to help you find the best location for you to stay during your time in London:
Venue Search UK
All the delegates have to do is telephone +44 (0)20 8541 5656 or email beds@venuesearch.co.uk and say that they are a Euromoney delegate!
Zibrant
Zibrant offer a huge range of hotels across London and can find you accommodation as close to your training venue as possible. They will ensure that you receive preferential rates as a Euromoney delegate. Go to www.zibrant.co.uk/euromoney for more details. Alternatively you can email your enquiry to euromoney@zibrant.co.uk or call +44 (0) 1332 285 521.
Euromoney Legal Training strongly recommends that you do not book your accommodation until you have received full course confirmation.
If you require any further information, please contact us:
Euromoney Legal Training
Nestor House
Playhouse Yard
London
EC4V 5EX
United Kingdom
Tel: +44 (0) 207 779 8601
Fax: +44 (0) 207 779 8599
legaltraining@euromoneytraining.com
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Dr. Ken Mildwaters
Dr Ken Mildwaters is a world-renowned legal expert specialising in the field of natural resources.
He is the principal of UK-based Dr KC Mildwaters Consulting LLP, which acts for clients in the natural resources sector across the globe.
In a career spanning more than 30 years he has practised law as a partner with leading English and Australian law firms, Theodore Goddard, Jackson McDonald and Kott Gunning, as a partner at the London office of global law firm Morgan Lewis & Bockius, and of-counsel for global firm, Milbank, Tweed, Hadley & McCloy, focusing on corporate, commercial and natural resources law. He founded and managed law practices on behalf of a joint venture of law firms Dewey Ballantine and Theodore Goddard, in the Czech Republic, Hungary and Poland.
Ken has also practised law as an in-house counsel (General Counsel of Guinness plc and, subsequently, Diageo plc.) and as a partner with a merchant bank (Babcock & Brown Limited).
At Guinness/Diageo he assumed worldwide functional responsibility for the management of all legal affairs within the Guinness/Diageo Group across 202 jurisdictions, coordinating a staff of 119 people spread through 15 offices across the world.
He has advised on exploration, development, production, supply and sales activities in the oil, gas and minerals sectors; gas, coal and alternative source electrical power generation projects; gas pipeline and other natural resources sector related infrastructure projects. He has also been actively involved in joint ventures, joint operating agreements, strategic alliances, licensing arrangements, farm-in and farm-out agreements, off-take and lifting agreements, royalty agreements, abandonment agreements, service agreements, transport agreements, the acquisition, disposal and financing of interests in the natural resource sector, and natural resource assets, and in capital raising activities and direct foreign investment in the natural resources sector.
Ken is a member of the faculty at the Centre for Petroleum and Mineral Law Studies at the University of Dundee. Globally, he has presented numerous papers and conducted workshops in the fields of natural resources law, joint ventures and joint operating agreement, negotiation skills and managing in-house legal functions.
His academic interests lie in the intersection of law and business, where he has concentrated on joint ventures/joint operating agreements and negotiation. He is a member of the Australian Mining and Petroleum Law Association, Energy Law Association Inc. (New Zealand), International Bar Association Section on Energy and Natural Resources Law, Rocky Mountain Mineral Law Foundation, and United Kingdom Oil Lawyers Group.
Courses run by this instructor
Interested in holding this course in-house? Please fill out your details and a member of our team will be in touch with more information.
11-12 Jun 2012 (London, United Kingdom)
Euromoney Legal Training has created this practical and essential introduction to English contact law. Regularly updated, the course will cover the main provisions of English contract law. If you are a non-UK lawyer or a non-lawyer, this really is a course you cannot afford to miss.
12-14 Nov 2012 (London, United Kingdom)
This intensive three-day Euromoney Legal Training course is ideal for lawyers and others, who,
whilst not working directly in functions requiring a
detailed knowledge of finance, need to be familiar
with the overall concepts and language used in
financial analysis, credit transactions and other
corporate finance activities.
13-14 Dec 2012 (London, United Kingdom)
This Euromoney Legal Training course is designed to consolidate upon our popular contract law or drafting and negotiating
courses although all courses stand alone. The course is very interactive and will consist of a series of lectures, workshops and discussions.
30 May 2012 - 1 Jun 2012 (Paris, France)
** NEW DATES - 30th May to 1st June 2012 **
Many international commercial agreements are subject to English law and often non-UK lawyers are faced with unfamiliar legal concepts and requirements. To overcome these hurdles and to help lawyers become truly international, Euromoney
Legal Training has created this practical and interactive training course.
26 Aug 2012 - 7 Sep 2012 (Oxford, United Kingdom)
**Early Bird Offer Extended - Book before May 28th to save 10% - More than £700**
Euromoney’s Summer School has developed an enviable reputation as the premier international financial law event on the training calendar.
This residential school offers an unequalled opportunity for lawyers from around the world to learn the principles and practice of international financial law from expert practitioners.
Over two weeks, the Summer School will cover a substantial range of topics, including international borrowing and lending, capital markets, new financial instruments and techniques, trade and project related financing, and securitisation.
Moreover, the Summer School has a strong practical orientation; it provides guidance and advice on how to identify, approach and solve the legal problems posed by international financial transactions.
Case studies and workshops provide opportunities for participants to study actual transactions and become involved in documentation and negotiation exercises.
3-5 Dec 2012 (London, United Kingdom)
The oil and gas industry is capital intensive, with long time periods prior to economic payback. As such, the financing of operations is a constant challenge for the management of any oil and gas entity. There are a variety of methods for financing
operations, including private equity, capital markets, commercial loans and project financing, each with different characteristics. The forms of funding available vary according to the status of the operations in question and the associated
contractual matrix.
9-12 Jul 2012 (London, United Kingdom)
Many international commercial agreements are subject to English law. Often non-UK lawyers are faced with unfamiliar legal concepts and requirements. To overcome these hurdles and help lawyers become truly international, Euromoney Legal Training has created this practical and interactive training course.
9-13 Jul 2012 (London, United Kingdom)
Swaps and other OTC derivatives have grown both in volume and in complexity over the years. They provide flexible, effective and valuable tools for risk management and investment. On the other hand, they were blamed by some for the recent financial crisis largely due to their role in structured financings. Swaps are legally complex, a fact that frequently leads to litigation. To protect all parties involved, transactions must be properly documented
9-13 Jul 2012 (London, United Kingdom)
This five-day Euromoney Legal school will be invaluable in increasing your knowledge and understanding of the key legal and contractual issues in international project finance and improve your ability to solve practical problems.
10-11 Sep 2012 (London, United Kingdom)
This Euromoney Legal Training course reviews specific issues that typically arise when you negotiate or enforce a commercial contract. We look at representations and warranties, indemnities, clauses to limit liability, clauses to manage delay or default in performance, and clauses needed in international agreements.
6-7 Sep 2012 (London, United Kingdom)
This highly interactive Euromoney Legal Training course is designed to give today's lawyer the drafting and writing techniques needed to operate effectively in today's competitive markets. It examines in detail competent writing in all forms of business communication and at all stages of drafting, negotiating and enforcing contracts.
26-27 Sep 2012 (London, United Kingdom)
By attending Euromoney Legal Training’s newly designed Renewable Energy Project Agreements course, you will understand the important legal issues and other critical aspects involved when structuring and documenting a typical RE Project.
13-14 Jun 2012 (London, United Kingdom)
Mastering commercial contract negotiations accross cultures and languages
8-9 Oct 2012 (London, United Kingdom)
A practical & legal guide to tackling financial crime for companies and global financial institutions
15-17 Jul 2012 (Dubai, United Arab Emirates)
This intensive three-day Euromoney Legal Training course is ideal for lawyers and others, who, whilst not working directly in functions requiring a detailed knowledge of finance, need to be familiar with the overall concepts and language used in financial analysis, credit transactions and other corporate finance activities.
28-29 Jun 2012 (London, United Kingdom)
6-7 Dec 2012 (London, United Kingdom)
During this training course you will have the opportunity to critically analyse different legal department structures, models and objectives to enable you to determine what is best for your organisation.
You will explore the evolving complex responsibilities of an in-house legal department and the importance of good people management and learn how to develop and implement a balanced and flexible remit which will enable you to respond rapidly to ever changing business demands while adding demonstrable value to the business.
Course dates