An Interactive 3-Day Training Course

Upstream Contracts

Approaches for Structuring Legal Frameworks Governing the Oil and Gas Operations

NASBA

Course Introduction

This online training course will help clients develop a strong understanding of how the upstream oil and gas operations are regulated and governed across the world. Those taking the online training course will be equipped with the knowledge of different legal arrangements and the legal framework that regulate the exploration for, development, and production of oil and gas and the eventual decommissioning of the facilities used in the course of oil and gas operations.

This Oxford Management Centre online training course will highlight:

  • The historical and political context surrounding the development of the oil and gas industry
  • Various approaches that the oil and gas producing states take to structuring their legal framework governing the oil and gas operations on their territory
  • Methods of awarding the exploration and production rights; modern concession contracts and licensing regimes
  • Production sharing contracts and risk service contracts (including buy-back contracts)
  • Joint ventures and hybrid agreements
  • The legal framework governing the decommissioning of oil and gas facilities and installations

Objectives

By the end of this online training course, participants will:

  • Develop an understanding of the historical context surrounding the international petroleum industry, its key players and the objectives and interests they pursue
  • Learn about the different methods of awarding the exploration and production rights
  • Gain detailed knowledge about a wide range of legal arrangements between host states and international oil companies that are used across the world to regulate the exploration for, development and production of oil and gas
  • Develop an ability to evaluate the relative strengths and weaknesses of the different upstream regulatory arrangements, when compared to each other
  • Gain an understanding of the legal framework governing the decommissioning operations

Training Methodology

This online training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The training course is conducted online via an Advanced Virtual Learning Platform in the comfort of your choice location.

Organisational Impact

Organisations will gain a number of benefits, including:

  • Expert knowledge of the regulation of the oil and gas upstream sector
  • In-house expertise in commercial and legal issues arising in the exploration, development, production and decommissioning operations
  • Employees with ability to analyse and navigating through regulatory regimes and contractual structures used across the world
  • Employees with enhanced understanding of the structures of and solutions adopted in international state-to-company contracts in the natural resources sector

Personal Impact

This online training course will provide participants with a number of benefits, including:

  • Comprehensive and systematic knowledge of the regulation of the oil and gas upstream sector that is relevant and transferrable to other natural resource sectors, such as mining and minerals
  • A detailed understanding of commercial and legal issues arising in the course of the exploration, development, production and decommissioning operations, and a variety of ways in which these issues can be addressed
  • An ability to analyse the relative strengths and weaknesses of different regulatory regimes and contractual structures used worldwide
  • Advanced contract and legislative drafting skills

Who Should Attend?

This OXFORD online training course is suitable for a wide range of professionals but will greatly benefit: 

  • Industry and legal practitioners or civil servants working with the energy/natural resources industry
  • Commercial, governmental or legal professionals with an interest in the regulation of the energy/natural resources industry

Course Outline

Day 1

Day 1 : The nature and structure of regulation and governance of international oil and gas operations

  • Historical and political context surrounding the petroleum industry
  • Old concession contracts
  • UN Resolutions
  • Petroleum industry and its main players
  • Objectives and policies pursued by host states and international oil companies (IOCs)
  • Approaches to structuring legal and regulatory frameworks by oil and gas producing states
  • Petroleum ownership
  • Methods of selecting IOCs and awarding exploration and production rights (negotiation, competitive and discretionary bidding)
  • The legal nature of granting instruments: licenses vs. contracts
Day 2

Day 2 : The legal arrangements between host states and IOCs (Part I)

  • Licensing regimes: basic principles
  • Licensing regimes: exploration, development, and production
  • Modern concession contracts: basic principles
  • Modern concession contracts: exploration, development, and production
  • Production sharing contracts: basic principles
  • Production sharing contracts: exploration, development, and production
Day 3

Day 3 : The legal arrangements between host states and IOCs (Part II) and decommissioning  

  • Risk service buy-back contracts: basic principles
  • Risk service buy-back contracts: exploration, development, and production
  • Joint ventures (corporate and contractual) and hybrid contracts: basic principles
  • Joint ventures (corporate and contractual) and hybrid contracts: exploration, development, and production
  • Decommissioning: international law, examples of domestic regulation

Certificate

On successful completion of this training course, Oxford Management Centre Certificate with eligible Continuing Professional Education credits (CPE) from National Registry of CPE Sponsor will be awarded to the delegates

Accreditation

NASBA

In association with

GLOMACS Training & Consultancy
GLOMACS Training & Consultancy
Visit Website
PetroKnowledge
PetroKnowledge
Visit Website
Upstream Contracts
Duration
3 Days
Format
Language
English
Certificate
Yes

We regret to inform you that there are currently no scheduled sessions for this course, so please let us know your preferred date and location and we will contact you soon.

Related Category

FREQUENTLY ASKED QUESTIONS

Yes, we provide assistance in securing both hotel reservations & entry visa on all our international training venues, for delegates attending our training courses. For further information / assistance, please contact our Customer Service at:

Yes, Oxford Management Centre is accredited by the following professional bodies;

National Association of State Board of Accountancy (NASBA)
The Oxford Management Centre is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit.

Yes, discounts are available. For further information please call +971 50 985 0174 or email, info@oxford-management.com

Note: Discounts are not applicable with any other special offer that may be available.

All course bookings made through Oxford Management Centre are non-refundable. By registering for a course, you acknowledge and accept that fees are payable in full and are not subject to refund under any circumstances, including but not limited to participant dissatisfaction, changes in personal or professional circumstances, or partial attendance.

Oxford Management Centre reserves the right to make reasonable adjustments to course content, trainers, or schedules where necessary, without entitling delegates to a refund. Full details of each course – including objectives, target audience, and content – are clearly outlined prior to enrolment, and it is the responsibility of the delegate to ensure suitability before booking.

There are 2 easy ways to register:

  • Online: Select the training course you want to register for, Click the “Book Your Place” button on the course page, complete the form and click submit.
  • E-mail: Send your details to info@oxford-management.com

We request that all cancellations be made at least one week before the class start date. You may reschedule this class without any penalty. If not, a $250 fee will be charged for cancellations received less than one week before a class begins and for no-shows. Cancellation penalties and any fees incurred by Oxford Management Centre will be deducted from refunds.

For more information request, email info@oxford-management.com or call +971 50 985 0174.

The classroom training fees include course presentation, relevant materials, physical & digital documentation, lunch and refreshments served during entire training. Accommodation and transportation are not included in the training course fees.

While, online training fees cover the course presentation and digital documentation and relevant materials.

The Oxford Management Centre Certificate of Completion with corresponding CPE credits shall be awarded to delegates who has successfully completed the training course.

Payment must be received before the training course commences. You can make payment by bank draft, cash, credit card or wire transfer.

Note: If the payment is not received, Oxford Management Centre has the right to refuse admission.

Upon receipt of your registration form, we will send you the following by e-mail:

  • Registration Confirmation
  • Invoice/Receipt (where appropriate)

If you register online you will receive an e-mail within 24 hours confirming your registration.

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