An Intensive 5-day Training Course
Understanding Energy Contracts
A Comprehensive Guide
Scheduled Dates
Classroom
| 21 - 25 Jul 2025 | Abu Dhabi - UAE | $5,950 | RESERVE A SEAT |
| 18 - 22 Aug 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 22 - 26 Dec 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 19 - 23 Jan 2026 | London - UK | $5,950 | RESERVE A SEAT |
| 20 - 24 Jul 2026 | Abu Dhabi - UAE | $5,950 | RESERVE A SEAT |
| 17 - 21 Aug 2026 | London - UK | $5,950 | RESERVE A SEAT |
| 21 - 25 Dec 2026 | Dubai - UAE | $5,950 | RESERVE A SEAT |
Online
| 18 - 22 Aug 2025 | Online | $3,950 | RESERVE A SEAT |
| 17 - 21 Aug 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?
Energy needs must be met in a world that cannot survive without it. How effectively we meet this need will determine the development of the modern world. Many challenges are facing us in the field of energy which includes issues such as high and volatile energy prices, growing global energy demand, security risks affecting producing and transit countries, the growing threats of environmental changes, slow progress in energy efficiency, challenges posed by the increasing share of renewables.
Energy Contracts need to be strategic and looked at through the lens of your company’s current risk profile. Companies need to formulate a targeted approach. Your energy contract management should provide customize solutions and also determine the best pricing strategy to meet your efficiency goals. Parties to the contracts want to mitigate dramatic price increases and the contracts need to address this and provide workable solutions. There is a need for customised contracts to avoid undue penalties which can cripple the commercial viability of a project. Energy contracts must allow for flexibility and the contracts must reflect this and have a robust basis for meeting stakeholders’ requirements.
This training course will provide participants with a comprehensive understanding of energy contracts essential to manage the volatile energy market. Participants will receive a thorough in-depth exposition of the several energy contracts and understand the rationale behind them and acquire essential skills to negotiate sound well thought out energy contracts.
What are the Goals?
By the end of this training course, participants will be able to:
- Understand the global energy market and the structure of energy contracts
- Assess risks in the energy industry and know how to minimize those risks
- Examine and analyse the difference energy contracts both upstream and downstream
- Assess key issues faced during contract lifecycle and know how to negotiate appropriate contractual clauses
- Avoiding pitfalls in contract negotiations and ambiguous contractual terms
Who is this Training Course for?
This PetroKnowledge training course is suitable to a wide range of energy industry professionals but will greatly benefit:
- Contracts Professionals
- Commercial Managers & Professionals
- Project Managers
- Procurement Supply Chain Professionals
- Risk Manager / Contract Risk Professionals
- Financial Professionals in the Energy Industry
How will this Training Course be Presented?
This training course will utilise a variety of proven interactive learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes exercises designed to improve the understanding of the core energy contracts, improve their skill sets to negotiate better energy contracts through interactive session with case studies, discussion groups and scenario building.
Daily Agenda
Day One: Introduction to Energy Contracts
- Energy Laws, Policy, Business Ethics
- Renewable energy issues
- Petroleum Policy & Economics
- Environmental issues
- Human, Socio-economic and Cultural Impacts
Day Two: Specific Energy Contracts Examined
- Gas Sale Agreement (GSA)
- LNG Sale and Purchase Agreement (SPA)
- Time charter party agreement
- Terminal use agreement
- Decommissioning
Day Three: Specific Upstream Energy Agreements
- Oil and gas concessions
- Production Sharing Contracts
- Service Contracts
- Joint Operating Agreements (Joint ventures)
Day Four: Risk Based Contracting – EPC, EPCM and Alliance Contracts
- Basic features of an EPC, EPCM, Alliance contracts
- Key oil and gas specific clauses
- Key performance clauses
- Liquidated damages
- Risk allocation & Risk assessment
Day Five: Structure of Transportation & Power Purchase Agreements
- Gas Sales Agreements
- Power Purchase Agreements
- Transportation agreements
- Take or pay agreements
Certificate
- On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
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].
