Name: Preventing and Resolving Joint Venture Disputes in the Oil & Gas Industry Training Course
Rating: 4.7 (1076 reviews)

Scheduled Dates

21 - 25 Dec 2026

London - UK

$5,950

12 - 16 Apr 2027

London - UK

$5,950

23 - 27 Aug 2027

London - UK

$5,950

20 - 24 Dec 2027

London - UK

$5,950

Why Choose this Training Course?

Joint venture disputes in the oil and gas industry arise when operators and non-operating partners disagree over how a shared asset is funded, operated or governed under a Joint Operating Agreement (JOA), Production Sharing Contract (PSC), concession or unitisation agreement. Left unmanaged, these disagreements over cash calls, budgets, work programmes and operating decisions erode trust, stall Operating Committee decisions and put schedule, cost and production at risk.

This Preventing & Resolving Joint Venture Disputes in the Oil & Gas Industry training course develops the commercial and governance capabilities needed to prevent partner disagreements from damaging asset performance. Participants will learn to strengthen JOA governance, align partner interests and identify emerging commercial tensions. They will also develop practical approaches for managing disputes while protecting production, investment value and business relationships. The training course addresses operated and non-operated ventures governed by JOAs, PSCs, concessions and unitisation agreements. It examines cash calls, AFE overruns, work plans, voting disputes, sole-risk decisions and Operating Committee deadlock

This Preventing & Resolving Joint Venture Disputes in the Oil & Gas Industry training course will highlight:

Protecting partnership and asset value
Strengthening JOA governance
Identifying early dispute indicators
Managing high-risk commercial disagreements
Resolving Operating Committee deadlock
Selecting suitable resolution mechanisms
Restoring trust between partners

What are the Goals?

By the end of this Preventing & Resolving Joint Venture Disputes in the Oil & Gas Industry training course, participants will be able to:

Identify causes of partner misalignment
Interpret JOA and PSC governance provisions
Clarify partner rights and obligations
Detect early signs of commercial stress
Manage cash call and AFE disputes
Address sole-risk and work-plan disagreements
Break Operating Committee deadlock
Select appropriate dispute resolution methods

Who is this Training Course for?

This Preventing & Resolving Joint Venture Disputes in the Oil & Gas Industry training course is designed for professionals responsible for the commercial health of operated and non-operated oil and gas joint ventures, including:

Joint Venture and Non-Operated Venture (NOV) Managers
Commercial, Contracts and Negotiations Managers
Asset, Reservoir and Sub-surface Managers
Business Development and New Ventures Professionals
Operations, Production and Project Managers
Project Directors and Development Managers
Finance, Joint Venture Audit and Risk Professionals
Legal Counsel and contract advisers supporting energy ventures
Senior Executives and Operating Committee (OpCom) members

Organisational Impact

This Preventing & Resolving Joint Venture Disputes in the Oil & Gas Industry training course will enable organisations to:

Strengthen governance across oil and gas joint ventures
Reduce the frequency and impact of commercial and operational disputes
Improve collaboration between operating and non-operating partners
Enhance contractual compliance and governance effectiveness
Protect shareholder value through proactive dispute prevention
Improve long-term partnership performance and operational resilience

Personal Impact

By attending this Preventing & Resolving Joint Venture Disputes training course, participants will develop:

Stronger JOA governance knowledge
Better dispute-prevention capabilities
Improved commercial negotiation skills
Greater confidence in managing deadlock
Better stakeholder engagement skills
Stronger dispute-resolution judgement
Greater credibility in joint venture management

Daily Agenda

Day 1: Building the Foundations of High-Performing Energy Partnerships

Upstream joint venture success factors
JOA, PSC and concession structures
Unitisation agreement fundamentals
Partner roles and accountabilities
Operating Committee voting and governance
Work plans, budgets and AFE processes

Day 2: Recognising Commercial Stress Before Conflict Emerges

Early signs of partner misalignment
Cash call pressure and payment default
AFE overruns and cost escalation
Budget variance and cost allocation
Operating Committee decision bottlenecks
Early commercial intervention strategies

Day 3: Managing Commercial Differences Constructively

Difficult conversations between partners
Interest-based commercial negotiation
Work-plan and procurement disagreements
HSE and operational differences
Sole-risk and non-consent disputes
Business continuity during disagreements

Day 4: Resolving Complex Partnership Challenges

Operating Committee deadlock
Escalation and tiered resolution clauses
Negotiation, mediation and expert determination
International arbitration frameworks
Default, withdrawal and pre-emption disputes
Cross-border and jurisdictional issues

Day 5: Sustaining Long-Term Partnership Performance

Partnership performance indicators
Joint governance and review routines
Dispute-prevention feedback processes
Portfolio and energy-transition changes
Decommissioning and abandonment liabilities
Partnership improvement action plans

Certificate

Upon successful completion of this training course, delegates will be awarded an official PetroKnowledge Certificate of Completion, signed by the course facilitator. The certificate confirms successful participation and records the total learning hours completed.
Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.

Accreditation

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.

Related Categories

Joint Ventures and Partnerships

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Preventing and Resolving Joint Venture Disputes in the Oil & Gas Industry

Protecting Partnership Value Through JOA Governance, Commercial Alignment, Early Intervention & Effective Dispute Resolution