International Oil and Gas Law and Contracts
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 |
| Upon request | Make enquiry |
"Well organised and informative course, thank you."
- Michael Spalliera, financial consultant
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