training specialists to the upstream oil and gas industry
 
 

International Oil and Gas Law and Contracts

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Course overview

The course provides a comprehensive overview of international oil and gas law and contracts throughout a project's lifecycle. Key aspects of domestic and international law will be covered, including national regulation, common/civil and Islamic law.
The course will cover ownership of mineral rights, looking both at territorial sovereignty and the law of the sea. Moreover, the key attributes of Host Government Contracts, Joint Operating Agreements (JOAs), drilling and services contracts, decommissioning agreements, transportation and crude oil sales agreements, and dispute resolution mechanisms will be covered in detail.

The course is designed for

Professionals who need to learn about the industry Personnel within the industry Technical staff entering or wanting to expand their understanding of the industry Students considering the industry as a career Managers wanting to gain a deeper understanding of legal implications.

Course details

Fees and bonuses
Protection of the environment
Domestic market supply
Local training obligation

Drilling contracts and service agreements

Principal provisions
Standard of care and other levels of performance
Liability and indemnification

Decommissioning agreements

Funding decommissioning
Responsible parties
Operator obligations

Sales-agreements/contracts

Long term and spot contracts
FOB and CIF contracts
Forward market and future contracts

Pricing formulae

Bills of lading
Quantity, quality and delivery
Measuring and testing
Passing of risk and title
Invoicing and payment
Letters of credit

Dispute resolution in international petroleum transactions

Litigation, arbitration, mediation
Considerations for choice of method
Enforcement

Introduction

Course overview
The oil and gas industry
Oil and gas law, types of contracts

Domestic law

Common, civil and Islamic law
Anti-corruption
International law
International treaties and related agreements
Energy Charter Treaty

Ownership of mineral rights

The legal nature of oil and gas ownership
Territorial regimes
Law of the sea
Permanent sovereignty over natural resources
Delimitation of the EEZ
Indigenous claims
Joint development zones, unitisation

Host government contracts

Concessions and licences, production-sharing contracts, joint ventures, service contracts, hybrid systems
Common elements of contracts
Work programmes
Joint management committees
Cost recovery
Taxes and duties


Location Start Date End Date Cost Trainer Book
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“Well organised and informative course, thank you.”
Michael Spalliera, financial consultant

 




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