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Oil And Gas Contracts

USD 5950
IN HOUSE ENQUIRY

Available Sessions

Session Location Register
17 - 21 Mar 2025 BALI, Indonesia Register
14 - 18 Apr 2025 DUBAI, United Arab Emirates Register
21 - 25 Apr 2025 BANDUNG, Indonesia Register
05 - 09 May 2025 BALI, Indonesia Register

Description

Oil and gas contracts are foundational agreements that govern the exploration, production, and distribution of energy resources. These contracts define the terms, rights, and responsibilities of all parties involved in the oil and gas sector, encompassing various types such as Production Sharing Agreements (PSAs), Joint Operating Agreements (JOAs), and Service Contracts.

This intensive five-day Oil and Gas Contracts Training provides an in-depth exploration of these critical agreements, offering participants a comprehensive understanding of their legal, commercial, and technical aspects. You will delve into different types of oil and gas contracts, examine the impact of fiscal regimes, and navigate the complex regulatory frameworks that shape the industry.

Through expert-led sessions, interactive workshops, and practical exercises, you will gain valuable insights into managing risks, optimizing financial outcomes, and addressing the challenges inherent in oil and gas contracts. Equip yourself with the essential knowledge and skills to effectively handle contracts in the dynamic and evolving oil and gas market.

Course schedule sample one day
08:30 AM     -     10:00 AM     -     Training 
10:00 AM     -     10:15 AM     -     Coffee Break
10:15 AM     -     12:15 PM     -     Training 
12:15 PM     -     01:15 PM     -     Lunch
01:15 PM     -     03:15 PM     -     Training 
03:15 PM     -     03:30 PM     -     Coffee and Networking

At the end of this five day program, participants will be able to:

  • Gain a comprehensive understanding of the legal principles and regulatory frameworks governing oil and gas contracts.
  • Learn the key elements and structures of various oil and gas agreements, including exploration, production, and joint ventures.
  • Understand the potential risks associated with oil and gas contracts and develop strategies for risk mitigation.
  • Explore various dispute resolution mechanisms, including arbitration and mediation, specific to the industry.
  • Analyze the commercial and financial implications of different contractual terms and conditions.
  • Gain insights into cost recovery, profit sharing, and fiscal stability provisions in oil and gas contracts.
  • Identify and mitigate common contractual risks and ambiguities.

This course is designed to provide valuable insights and practical skills for a wide range of professionals involved in the legal, financial, and operational aspects of oil and gas contracts, enhancing their ability to navigate the complexities of the industry. It will greatly benefit:

  • Energy/ Oil & Gas professionals who are keen to attain a holistic and integrated overview of the contracts prevailing in the Oil & Gas Industry
  • Lawyers and legal advisors specializing in energy, natural resources, and commercial law.
  • In-house counsel for oil and gas companies seeking to deepen their understanding of industry-specific contracts.
  • Support Functions Professionals, Contracts Managers, Project Managers
  • Business Development and ERM (Enterprise Risk Management) Professionals
  • Corporate Planning Professionals 
  • Activity: Pre-Assessment
  • Introduction, Course overview and objectives
  • Overview of the oil and gas industry
  • Fiscal Regimes in oil and gas industry  
  • National and international Regulatory Frameworks
  • Key legal concepts and principles
  • Contract Structures and Key Provisions
  • Common contractual clauses and their significance
  • Activity: Interactive Workshop on Regulatory Frameworks
  • Country Case Study – Model of Stability  
  • Group discussions and presentations – Pros and Cons of different fiscal regimes
  • Interpretation of Contractual Terms
  • Contractual Risk Management
  • Identifying and mitigating risks in contracts
  • Practical Exercise – Sharing in PSAs
  • Peer review and feedback session
  • Role-playing exercises – Joint Ventures
  • Financial Implications of Contracts
  • Understanding financial terms and conditions
  • Cost recovery, profit sharing, and fiscal stability
  • Managing Contract Performance
  • Monitoring and ensuring contract compliance
  • Case Study – Reputational Risk
  • Dispute Resolution Mechanisms
  • ADR – Alternate Dispute Resolution
    • Arbitration
    • Mediation
    • Litigation
  • Understanding the influence of geopolitical dynamics
  • Managing political risk in international contracts
  • Case Study on dispute resolution
  • Best practices for resolving disputes
  • Recap of key concepts and lessons learned
  • Understanding & using Feedback and Taking on Board“lessons learnt”
  • CLOSING : Recap of the five-day course content
  • Activity: Open Forum
  • Post Assessment

This course provides a very enriching learning experience to the participants and encourages them to actively participate in the proceedings. The 2-way communication principle is adopted whereby the delegates learn from the industry experience of the Trainer and at the same time are given opportunity to express their views and ideas.  Depending on the expertise and capability of participants they would even be encouraged to present the learning during the course by themselves with a view to optimize the retention of the knowledge shared by the Trainer/ Facilitator.

The instructional format capitalizes on a careful balance of formal lectures by the Trainer and individual/ group exercises/ workshops. The Program will use following learning methods/ techniques: 

  • PowerPoint presentations and Lectures
  • Daily Quizzes to determine the retention of knowledge and encourage attentiveness
  • Exercises/ workshops/ Case studies to develop understanding of the topics covered
  • Delegates will be encouraged to take active part in discussions and express their views/ ideas.

Presentations by the participants to give them confidence and for determining their understanding of the contents taught.

MUHAMMAD SALIM JANDULA
MS Industrial Engineering Mississippi State University
MBA from Institute of Business Administration
BE Mechanical Engineering from NED University of Engineering & Technology

Jandula is a Professional Development Trainer/ Speaker and a Mentor. He speaks on Operational Excellence, Safety Leadership and Oil and Gas Business Dynamics. 

Jandula has demonstrated Safety Leadership, Training & Development, Mentoring and Communication Skills during his 30 years Operational and Training experience in Energy/ Oil & Gas and Manufacturing sectors. Apart from imparting Training, he has held Practical Leadership Roles in Plant Operations, Joint Ventures, Field Management and Procurement & Logistics.

A Professional Mechanical Engineer with Masters from USA and an MBA, Jandula has collaborated/ worked with Global Players/ Multinationals like Eni, OMV, MOL, PGNig, PPL (Formerly Burma Oil Company UK), and Al-Futaim UAE etc. Following are some of his major achievements:

Ensured integrity of Plants and Pipeline network and achieved the hallmark of Three Million Safe Man-hours with no lost time Injury Frequency (LTIF) and 99.99% Station Reliability of State of the art Plant.
Managed 13 E&P (Exploration and Producing) Industrial Assets and increased the profitability by 7% through effective Assets Integrity Management Systems and Optimized Operations.
Managed 425 MMCFD Gas Field with 150 KM Pipeline Network and Compression / Dehydration and Processing
A partial list of delegates in his previous programs/ conferences include companies such as:

     Petronas Malaysia

     ENGEN South Africa

     Ministry of Mineral Resources and Energy, Republic of Mozambique

     SABIC Saudi Arabia

     Nigeria National Oil Company

     EGAT Thailand

     Emerging EPC

Among his participants, Jandula is known for his pleasing personality and applicable tools and interactive style of presentation.

 He is able to cross refer the training contents with the real life work situations and uses a wide variety of specific industry case studies. He encourages the delegates to actively participate in the proceedings and uses workshops and role play models to enable the participants grasp the concepts and apply in their respective work areas when they go back to work after attending the trainings.  

Or

We have a faculty of specialists and can address the diverse levels and specific needs of your organization.

For training and advisory services, feel free to contact us at info@itrainingexpert.com or call us at +603 8082 3707 | +603 8074 9056 | +6012 6869 628 | +6018 2175 123

“Trainer’s presentation style is energetic, positive. Trainer is Fabulous! Thank You.” - Elmi Muhammad Ismail - Petronas

“Thank you for sharing your vast experience. I had a really good time learning new things.” - Aida Anuwi, Petronas

Normal Fee Early Bird Group Fee
Sign up 1 pax Sign up 1 pax Sign up 3 pax or more
Pay 1 day(s) before course starts Pay 14 day(s) before course starts Pay 1 day(s) before course starts
MYR 25590 per pax MYR 24290 per pax MYR 23000 per pax
USD 5950 per pax USD 5650 per pax USD 5350 per pax

Upon successful completion of this program, you will receive a Certificate of Achievement.

1. CREDIT CARD PAYMENT- You can opt to register and pay online with our latest payment integration system through our website.
2. BANK TRANSFER- You can also opt to use GIRO or telegraphic transfer of payment via international banks.

We're happy to help.
Feel free to talk to us today.
Mobile call/ whatsapp: +6012 6869 628 | +6018 2175 123
Office: +603 8074 9056
Email: info@itrainingexpert.com
Website: www.itrainingexpert.com

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