Advanced Understanding and Drafting Oil and Gas Industry Contracts Training Course

Course overview

This intensive one-day oil and gas industry training course will bring you up to date on current practice and developments, ensuring you understand not only the content but also the real-world implications of the contracts you work with every day.

In an industry as fast-moving and complex as oil and gas, the legal and regulatory framework governing upstream contracts is constantly evolving. The stakes are high - a poorly drafted clause or overlooked provision can result in significant financial loss, operational delays, or damaging disputes. That’s why it’s critical for lawyers, commercial managers and contracts managers in this sector to be completely confident in their contractual knowledge, and able to anticipate and mitigate risks effectively.

This highly practical course examines the general contract terms that underpin all oil and gas agreements - terms that may appear standard but can carry significant operational and financial consequences. Through case-based discussion and expert-led guidance, you will gain an in-depth understanding of:

• Contractual liabilities and indemnities - allocating and limiting responsibility effectively
• Hold harmless clauses - managing risk in hazardous environments
• Dispute resolution clauses - protecting commercial relationships while safeguarding your interests
• Contractual guarantees and warranties - ensuring performance and compliance
• Risk identification and allocation - balancing exposure between the parties
• General obligations of the parties - avoiding ambiguity and gaps in responsibility
• Jurisdictional issues - navigating cross-border legal complexities

By the end of the course, you will have the knowledge and tools to draft, interpret and negotiate these essential provisions with greater precision and confidence, safeguarding your organisation’s position in a challenging and competitive market.

This training course is part of our Commercial Contracts Training Course collection which has been designed for the in-house lawyer.

Benefits of attending

By attending this course you will:

• Understand the mindset of the English Judiciary in relation to these complex contracts
• Learn about the potential consequences of implied terms
• Get to grips with the differences between indemnity, exclusion and limitation of liability clauses
• Master the intricacies of hold harmless clauses
• Gain insights into bilateral and multilateral investment treaties
• Understand the problems encountered when working in different jurisdictions
• Familiarise yourself with the methods of dealing with contract disputes

Who should attend?

This course has been specially designed for professionals dealing with oil and gas industry contracts, including:

• In-house lawyers
• Procurement managers
• Contract managers
• Contract analysts
• Contract engineers representing international petroleum companies
• Contractors and sub-contractors to the petroleum industry together with host governments

This in-depth course is for those with some experience of oil and gas contracts but want to expand their knowledge and understanding in this complex area.

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