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

Scheduled Dates

24 - 28 Aug 2026

London - UK

$5,950

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 executive PetroKnowledge training course takes a commercial, prevention-first approach to protecting partnership value across the full lifecycle of an upstream joint venture. Rather than treating disputes as purely legal events to be litigated after the fact, it equips operators, non-operating partners and investors to strengthen JOA governance, align commercial objectives, recognise early warning indicators, and de-escalate differences before they harden into formal disputes. Where disputes do arise, delegates learn how to select and sequence the right resolution mechanism — from executive negotiation and mediation to expert determination and arbitration — while keeping the asset producing and the relationship intact.

The training course blends governance frameworks, real upstream case studies, executive simulations and a personal action plan, so delegates leave able to apply practical tools immediately within their own operated and non-operated ventures.

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

Protect partnership value, investment performance and licence-to-operate across multi-partner ventures
Recognise the commercial, financial and behavioural warning signs of a dispute early
Strengthen collaboration between operators, non-operating partners, NOCs, IOCs and host governments
Reduce the impact of disagreements on schedule, cost, production and Operating Committee decisions
Manage high-risk triggers — cash call defaults, AFE overruns, sole risk and deadlock — with confidence
Select and sequence the right dispute resolution mechanism, from negotiation to arbitration
Apply practical governance and negotiation tools that can be implemented immediately

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 the root causes of joint venture underperformance and partner misalignment
Interpret how the JOA, PSC and Operating Committee govern rights, votes and obligations
Strengthen commercial and strategic alignment across partner organisations
Detect early warning indicators of commercial stress before conflict emerges
Manage cash call, AFE, sole risk and work-programme disagreements constructively
Break Operating Committee deadlock and rebuild confidence between co-venturers
Choose between negotiation, mediation, expert determination and arbitration
Build resilient, high-performing energy partnerships and a personal action plan

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

Participants will develop:

Advanced understanding of JOA governance and joint venture management
Improved capability in preventing and managing partnership disputes
Enhanced negotiation, communication, and stakeholder engagement skills
Greater confidence in resolving commercial and contractual challenges
Stronger understanding of governance, commercial alignment, and risk management
Increased professional credibility in oil and gas joint venture leadership and commercial management

Daily Agenda

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

Drivers of successful upstream alliances and non-operated ventures
Structuring the JV: Joint Operating Agreement (JOA), PSC, concession and unitisation agreements
Participating interests, operator and non-operating partner roles and accountabilities
The Operating Committee (OpCom): voting, pass-marks and decision governance
Work Programme & Budget (WP&B) and Authorisation for Expenditure (AFE) processes
Aligning strategic objectives across IOCs, NOCs and host governments
Trust, transparency and commercial discipline between co-venturers
Cross-cultural collaboration in international petroleum ventures
Relationship health assessment and the partnership resilience framework
Executive workshop: mapping your JV governance and risk points

Day 2: Recognising Commercial Stress Before Conflict Emerges

Early warning indicators of partner misalignment and eroding trust
Cash call pressure, late payment and the road to default
AFE overruns, cost escalation and budget variance
Communication breakdowns and Operating Committee decision bottlenecks
Divergent priorities: production targets, capital discipline, ESG and divestment
Audit findings, cost allocation and metering concerns
Stakeholder confidence and host-government sensitivities
Early intervention strategies before commercial positions harden
Case study: reading the signals in a non-operated venture

Day 3: Managing Commercial Differences Constructively

Facilitating difficult conversations between operator and partners
Balancing competing commercial priorities without eroding trust
Collaborative problem-solving and interest-based negotiation
Managing operational disagreements: work programme, procurement and HSE
Handling sole risk / non-consent and cash call disputes constructively
Building consensus and qualified-majority support at the OpCom
Maintaining business continuity and production during disagreement
Executive simulation: negotiating a contested AFE
Lessons learned and facilitation toolkit

Day 4: Resolving Complex Partnership Challenges

Breaking Operating Committee deadlock
Escalation and multi-tiered dispute resolution clauses
Choosing the mechanism: negotiation, mediation, expert determination and arbitration
Arbitration in oil & gas: ICC, LCIA, UNCITRAL and SIAC frameworks
Default, forfeiture, withdrawal and pre-emption disputes
Cross-border, governing-law and jurisdictional issues
Managing external influences: regulators, lenders and host governments
Rebuilding confidence and restoring commercial momentum
Recovery planning and international upstream case studies

Day 5: Sustaining Long-Term Partnership Performance

Partnership performance measurement and joint KPIs
Continuous collaboration and joint governance routines
Lessons-learned and dispute-prevention feedback loops
Innovation, energy transition and portfolio change across partnerships
Managing decommissioning, abandonment and end-of-life liabilities
Building future-ready energy alliances
Personal and organisational action planning
Best practices and the executive roadmap
Programme review and next steps

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?

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Related Categories

Joint Venture and Partnerships

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

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