An Intensive 5-day Training Course

Oil & Gas Contracts

Modern Practices in Licensing, Production Rights,
Legislation, Sales, Purchase and Transportation Agreements

INTRODUCTION TO THE COURSE

Oil and gas contracts are the foundation upon which the global energy industry is built. In today’s complex and fast-evolving energy market, understanding the structure, terms, and risk management strategies embedded within these contracts is critical to operational success and investment protection.

The Oil & Gas Contracts training course offers a comprehensive overview of the legal, regulatory, and commercial principles that underpin key contracts across the upstream and downstream oil and gas sectors. Participants will gain practical knowledge of licensing agreements, production sharing contracts (PSCs), service agreements, and commercial sale, purchase, and transportation contracts.

This highly interactive training course also addresses the role of contractual clauses in managing legal and operational risks, including investor protection, cross-border dispute resolution, and contractual negotiation strategies. Through engaging discussions, real-world case studies, and expert-led presentations, delegates will deepen their understanding of contractual obligations, rights, and strategic risk mitigation.

This Oil & Gas Contracts training course will highlight:

  • Exploration of licensing, production sharing, and service contracts in oil & gas
  • Understanding legal frameworks and regulatory compliance in global markets
  • Risk mitigation techniques through effective contract drafting
  • Investor protection mechanisms and legal safeguards
  • Negotiation tools and dispute resolution strategies in international contracts
  • Practical case studies and interactive scenario analysis

COURSE DETAILS

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OBJECTIVES

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

  • Comprehend the legal principles underpinning oil and gas contracts globally
  • Analyze and evaluate licensing, production sharing, and service agreements
  • Identify key risks and apply contract clauses to manage and mitigate them
  • Understand regulatory and legal frameworks in host countries
  • Apply negotiation tactics and dispute resolution methods effectively
  • Draft and review contracts that align with corporate and legal objectives
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TRAINING METHODOLOGY

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.

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ORGANISATIONAL IMPACT

Organizations that nominate participants to this training course will gain:

  • Personnel equipped with a deep understanding of oil and gas contract structures
  • Increased capability to negotiate and manage contracts across project lifecycles
  • Improved risk management and legal compliance in procurement and operations
  • Better contract alignment with corporate strategy and stakeholder expectations
  • Enhanced internal capacity to handle dispute resolution and cross-border issues
  • Strategic insight to support senior leadership in decision-making on oil & gas agreements
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PERSONAL IMPACT

Participants will leave this training course with:

  • Enhanced contract negotiation and drafting skills
  • Practical knowledge of managing operational and legal risks
  • A clear understanding of rights, obligations, and liabilities in oil & gas contracts
  • Confidence to structure and customize contracts to fit company goals
  • Ability to identify, assess, and mitigate risks through effective legal clauses
  • Broader legal and commercial insight into upstream and downstream operations
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WHO SHOULD ATTEND?

This KC Academy 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

DAILY AGENDA

Day 1: Introduction to Oil and Gas Contracts, Licencing and Production Rights
  • Principal Licensing and Contractual Arrangements
  • Upstream and Downstream Contracting
  • Financing in the International Oil & Gas Industry
  • Specific Risks in Upstream & Downstream Contracts
  • Sale and Purchase and Transportation Agreements
  • Contractual Claims and Resultant Disputes
  • The Role of Negotiation Strategies in Dispute Avoidance under Oil & Gas Contracts
Day 2: Emergence of New Contractual Arrangements
  • The Modern Concession Contracts
  • The Production Sharing Contracts
  • Participation Agreements and Joint Operation Agreements (JOA)
  • Service Contracts, Pure Service Contracts, Risk Service Contracts
  • Environmental Impacts in the Context of Protection Policies and Requirements
  • Regulatory Framework, Institutional Factors and Infrastructure
  • Comparative Analysis of the Different Contract Forms
Day 3: Stabilisation Clauses and International Petroleum Agreements
  • Stabilisation Clauses Defined
  • Typology of Stabilisation Clauses
  • Validity and Efficacy of the Stabilisation Clause
  • Stabilisation Clauses and the National and International Law
  • The Re-negotiability of International Petroleum Agreements: Stability vs. Flexibility
  • The Triggering Events for Renegotiation
Day 4: Key Contractual Issues & Risk Allocation in Oil and Gas Contracts
  • Liabilities & Exclusion and Limitation
  • Indemnity and Exclusion Clauses: Why the need?
  • Distinctions and Definitions: Indemnity vs. Exclusion vs. Limitation
  • Mutual Hold Harmless – The ‘knock for knock’ regime
  • Forms of Exclusion Clauses (and why it matters) Common Carve-outs
  • Performance & Penalties
  • Termination Clauses and Right to Terminate
  • Force Majuere, Change in Law and other Disputes
Day 5: Methods of Dispute Resolution under Cross Border / International Agreements
  • Arbitration & Mediation – Important Differences
  • Mediation and Conciliation, Adjudication, Dispute Boards - save time and costs
  • Enforcement of International Arbitration Awards under the New York Convention
  • Contemporary Developments in Case Law and Legislation
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Certificate

On successful completion of this training course, KC ACademy Certificate will be awarded to the delegates.

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