Joint Venture and Other Collaboration Agreement for the Oil & Gas Industry

At the end of the Joint Venture and Other Collaboration Agreements for the Oil & Gas Industry training course, participants will be able to:

• Understand the legal and commercial framework of PSCs, JOAs, and service agreements
• Differentiate contractual models used in major oil-producing regions
• Identify key risk clauses and fiscal formulas critical to successful contract performance
• Effectively negotiate terms with stakeholders and integrate them into enforceable agreements
• Navigate dispute resolution frameworks including international arbitration
• Anticipate common contractual pitfalls and develop mitigation strategies

This interactive training course will provide the participants an ideal opportunity to improve and sharpen their skill sets in planning, negotiating and managing Production Sharing Contracts (PSCs), Joint Operation Agreements (JOAs) through interactive session with role playing, case studies, discussion groups and scenario building and the high-point of the training course being a simulation exercise of Production Sharing Contracts (PSCs) and Joint Operation Agreements (JOAs) negotiation involving interactive role play by the participants. The objective of the interactive role play is to enable participants to apply the knowledge and understanding gained at the workshop to negotiate a more effective Production Sharing Contracts (PSCs) and Joint Operation Agreements (JOAs). This will help participants gain practical insights into managing the risks and enhancing their rewards.

Organizations that invest in this training course will benefit from:

• Enhanced legal and commercial expertise in drafting and managing international oil and gas contracts
• Greater ability to benchmark PSCs and JOAs with global standards and identify best practices
• Improved risk mitigation strategies aligned with global legal frameworks
• Strengthened capability to negotiate favorable contract terms and avoid disputes
• Increased cross-functional awareness between legal, technical, and commercial teams

Participants will gain:

• A comprehensive understanding of PSCs, JOAs, and other oil and gas collaboration agreements
• Exposure to international contract standards such as AIPN and North Sea LOGIC/CRINE
• Practical insights into contract negotiation techniques and the role of legal counsel
• Familiarity with key risk clauses, fiscal terms, and legal structures in oil contracts
• Awareness of international dispute resolution institutions and practices
• Enhanced confidence in managing complex legal and contractual scenarios

This KC Academy Joint Venture and Other Collaboration Agreement for the Oil & Gas Industry training course is beneficial for operator and contractor professionals involved in Production Sharing Contract (PSC) and Joint Operation Agreement (JOA) negotiation and administration, including:

• Contracts Managers and Administrators in the Oil and Gas sector looking to improve their drafting and negotiation skills with particular emphasis on the risk assessment clauses
• Legal Practitioners looking to increase their Oil and Gas Contacts Law knowledge and how to avoid common contractual pitfalls
• Geologists and Engineers who seek practical understanding of the legal aspect surrounding contracts
• Academics / Students looking to increase or specialise in the area of Oil and Gas Law
• Insurance and Risk Managers looking to reduce the legal and contracts risks for their companies
• Government Departments, Policy Makers and Regulators