The 10-Day Oil and Gas Contracts Training

Mastering Key Liabilities and Issues

Contracts, Purchasing & Procurement Management

This PetroDeep training course will provide participants with comprehensive understanding of the full spectrum of oil and gas contracts. It is a highly interactive training course covering the key legal and commercial aspects of these contracts and the inherent risks in the different types of contracts. Participants will learn how to deal with negotiating, drafting and administrating these contracts in the oil and gas and marine sectors. Further, we will also focus on the pros and cons of the different types of contracts and the suitability of each one for your specific needs. We delve into specific contracts like Production Sharing Contracts (PSC), Licensing and Concessions used in upstream operations and EPCIC (Engineering, Procurement, Construction, Installation & Commissioning) Contracts, EPCM and Alliance contracts used for complex offshore and onshore projects. Understanding the allocation of risk by mastering the ins and outs of these contracts will prove to be a valuable tool in driving effective contracting strategies to minimise risks and liabilities. Further, participants will also enhance their knowledge and raise their awareness of best practices in managing the supply chain process which culminates in the awards of these contracts to the right party. Participants learn to appreciate how best to deal with the ripple effects of a major disasters by looking at case studies like the Deep Water Horizon – Macondo Blowout and the lessons learned from that episode. Limiting of liabilities with contractual provisions like knock for knock indemnities and other contractual clauses to mitigate risk exposure in oil and gas contracts.

Code Venue Fees ($) Dates
CP014 Muscat, Oman 4500 January 6, 2019 – January 17, 2019
CP014 Istanbul, Turkey 5500 June 9, 2019 – June 20, 2019
CP014 Miami, U.S.A 6500 December 15, 2019 – December 26, 2019

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