A PMI® Registered Training Course
Oil & Gas Contracts
Modern Practices in Licensing, Production Rights,
Legislation, Sales, Purchase and Transportation Agreements
Scheduled Dates
Classroom
| 31 Mar - 04 Apr 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 02 - 06 Jun 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 23 - 27 Jun 2025 | Edmonton - Canada | $6,950 | RESERVE A SEAT |
| 07 - 11 Jul 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 28 Jul - 01 Aug 2025 | Istanbul - Turkey | $5,950 | RESERVE A SEAT |
| 11 - 15 Aug 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 22 - 26 Sep 2025 | Doha - Qatar | $5,950 | RESERVE A SEAT |
| 20 - 24 Oct 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 20 - 24 Oct 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 24 - 28 Nov 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 15 - 19 Dec 2025 | Singapore | $5,950 | RESERVE A SEAT |
| 05 - 09 Jan 2026 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 16 - 20 Mar 2026 | London - UK | $5,950 | RESERVE A SEAT |
| 30 Mar - 03 Apr 2026 | Istanbul - Turkey | $5,950 | RESERVE A SEAT |
Online
| 10 - 14 Mar 2025 | Online | $3,950 | RESERVE A SEAT |
| 07 - 11 Jul 2025 | Online | $3,950 | RESERVE A SEAT |
| 24 - 28 Nov 2025 | Online | $3,950 | RESERVE A SEAT |
| 09 - 13 Mar 2026 | Online | $3,950 | RESERVE A SEAT |
Would an alternative date be more suitable?
We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.
Why Choose this Training Course?
This highly interactive PetroKnowledge Oil & Gas Contracts training course will provide its participants with valuable insight into the operations of the Oil and Gas Industry in a modern context. Oil and Gas contracts are the life blood of the industry and form the basis and foundation upon which the industry operates. This Oil & Gas Contracts training course will give participants a frame work within which to understand the rights and obligations of both host country and operators and how they are determined and set out in the oil and gas contracts. The legal principles involved in licencing, production sharing contracts, service contracts will be highlighted and discussed in order to provide a solid understanding of the legal basis for these contracts. Further the course will also cover sale and purchase and transportation contracts in use in the industry. Risk management in the oil and gas industry is essential and needs to be encapsulated in the contract clauses and this course will provide the fundamental knowledge of the essential risk management features that are in these contracts. Participants will get to understand investor protection in the oil and gas industry and how this can be achieved.
This comprehensive training course will provide many opportunities for delegates to discuss to have interactive discussion and review case studies and discuss the various legal and regulatory aspects of these contracts. Participants will gain a true understanding of the legal underpinnings of the oil and gas contracts used around the world in the oil and gas sector.
This training course will highlight:
- Modern aspects of oil and gas contracts
- How to manage production and country risks
- Key legal and commercial risk management measure
- Investor protection by providing legal frameworks
- Negotiation tools and tactics
- Dispute resolution in cross border and international contracts
What are the Goals?
By the end of this Oil & Gas Contracts training course, participants will:
- Master and comprehensively understand the legal principles of oil and gas contracts
- Understand in depth licensing, production sharing and service contracts
- Learn to identify the risk factors and managing those risks through effective contractual clauses
- Know the relevant legal and regulatory frameworks that are in the oil and gas industry
- Learn how to use appropriate contractual clauses in oil and gas contracts
- Appreciate the best dispute resolution methods and how it will apply it in different scenarios
Who is this Training Course for?
This 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 PetroKnowledge 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
How will this Training Course be Presented?
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.
Organisational Impact
The organisation will benefit by:
- Personnel in the organisation will be conversant with oil and gas contracts, licensing and productions rights
- Having a full understanding of the fundamental legal principles involved in licensing, production sharing contracts and service contracts
- Knowledge of the legal basis for these contracts
- Being able to anticipate and deal with issues and ramifications pertinent to energy contracts
- Strategizing on risk management techniques that can be used in the Oil and Gas contracts
- Senior management know the options available to enable them to negotiate terms and conditions of oil and gas contracts for upstream and downstream
Personal Impact
This Oil & Gas Contracts training course teaches the competencies that enable the attendees to:
- Obtain the essential skill sets to negotiate oil and gas contracts clauses
- Manage and production and commercial risks through well drafted contract clauses
- Gain the ability to formulate a comprehensive thought out approach to contracting
- Demonstrate a professional understanding of apportioning risk and liability between the parties to the oil and gas contracts
- Work out a contracting strategy to meet company’s goals
- Customise bespoke contracts suited to needs of their company
Daily Agenda
Day One: 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 Two: 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 Three: 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 v. Flexibility
- The Triggering Events for Renegotiation
Day Four: 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 Majeure, Change in Law and other Disputes
Day Five: 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
Certificate
- On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
- On successful completion of this PetroKnowledge training course, Certificate with eligible Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates
Accreditation
In Association With
Frequently Asked Questions
Why PetroKnowledge?
PetroKnowledge is a globally recognized provider of training courses for oil and gas professionals, offering a wide range of specialized training courses designed to enhance knowledge, skills, and expertise in the energy sector. With courses tailored to meet the evolving demands of the oil and gas industry, PetroKnowledge helps professionals stay up-to-date with industry standards, technological advancements, and best practices.
Who are these training courses designed for?
Our courses are specifically developed for professionals in the oil and gas industry, including engineers, technical staff, managers, and other specialists looking to advance their careers. Whether you’re a seasoned expert or new to the sector, our training for oil and gas professionals is suited to individuals at all stages of their professional journey.
Are the courses delivered online or in person?
PetroKnowledge offers flexible learning solutions with both online courses and in-person training options. Online courses for oil and gas professionals provide the flexibility to learn from anywhere, while in-person courses offer a hands-on, interactive learning environment. Each training course page provides detailed information on the delivery format, allowing you to choose the option that best meets your learning style and schedule
Can I get a customized training course for my team?
Yes, PetroKnowledge offers customized in-house training solutions for organizations looking to upskill their teams. We work closely with companies to design bespoke training courses for oil and gas professionals that address specific challenges and objectives. Whether you need on-site training or online solutions, we can tailor the training courses to suit your organization’s needs.
Are there any prerequisites for attending a course?
Certain advanced training courses for oil and gas professionals may require prior experience or technical knowledge. These prerequisites ensure that participants can fully benefit from the course content. We recommend reviewing the course description on the relevant page to determine if any prerequisites apply to your selected course.
How can I enroll in a course?
Enrolling in one of our training courses for oil and gas professionals is simple and convenient. Navigate to the specific course page, click “Enroll Now,” and complete the registration form. You will receive a confirmation email with further details on how to proceed.
You may also get in touch with our Registration Team on
+971 50 981 7386 | +971 2 557 7389 or send an email to [email protected]
When should I expect to receive confirmation of registration?
Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.
Will I receive a certificate after completing the course?
Yes, upon successful completion of our courses for professionals in the oil and gas industry, you will receive an industry-recognized certificate from PetroKnowledge. This certification is designed to validate your skills and knowledge and can significantly enhance your professional credentials, boosting your career prospects in the competitive oil and gas sector.
When and how do I arrange payments?
We offer two convenient payment options:
- Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
- Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.
What is the refund or cancellation policy?
Our refund and cancellation policy varies depending on the course and circumstances. Generally, cancellations made at least 21 days before the training are eligible for a refund, less any administrative fees. If you have any specific inquiries about the cancellation or refund, don’t hesitate to contact our support team, who can assist with your booking and cancellation queries.
Is there a discount for more than one registrant/course?
For corporate fees and group registration, please send your query to [email protected].
