Presented by
Falconbury

Understanding, Negotiating and Drafting Oil and Gas Industry Contracts

A three-day practical and interactive seminar focusing on best practice in drafting, negotiating and related topics for upstream oil and gas industry contracts.

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  • Format: Bespoke training
  • CPD: 18 hours for your records (depending on your requirements)
  • Certificate of completion

Course overview


The accelerated pace of change in the oil and gas industry make this one of the world’s most challenging and complex sectors in which to understand, draft and negotiate contracts.

Falconbury developed this 3-day programme to focus on current best practice and developments in the oil and gas industry. It will serve as either a comprehensive introduction for newcomers or a useful update/refresher for those with experience in the industry.

Who is this programme for?

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.

Programme at a glance...

Day one

  • Introduction to the different types of upstream oil and gas agreements
  • Mergers and acquisition: buying and selling assets – new and emerging markets
  • Host government rights and concessions
  • General obligations of the contractor and the company
  • Offshore rig hire agreements
  • Debt financing options available to independent O&G companies
  • A closer look at RBL, given it is the most important source of debt finance

Day two

  • Practical workshop: Part 1 – Drafting the agreements creating the joint venture relationship
  • Practical workshop: Part 2 – Drafting the agreements creating the joint venture relationship – key concepts
  • Understanding contractual liabilities
  • Drafting contractual guarantees and bonds
  • Anti-trust issues
  • Tax issues in oil and gas acquisitions and joint ventures
  • Offshore environmental laws

Day three

  • Managing risk
  • Risk allocation: hold harmless clauses and exclusion clauses in offshore industry
  • Liquidated damages, penalties, implied terms and contract interpretation
  • Termination clauses and disputes
  • Handling exits and disputes between the parties
  • Decommissioning

Nicolas Bonnefoy

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Sian Fellows

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Louis Flannery

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Marco Kielstra

Marco Kielstra is a manager and legal counsel with Van Oord N.V. and is permanently seconded to Van Oord’s Offshore Oil & Gas business unit in Gorinchem, the Netherlands. With Van Oord Offshore, a contractor servicing the offshore oil and gas industry, Marco supports the Offshore business unit’s two subdivisions on projects worldwide with an emphasis on installation and protection of subsea pipeline infrastructure and related dredging activities from tender and execution stage up to completion and, if any, claim/dispute settlement.

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Hamish McArdle

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Nicholas Ross-McCall

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Paul Skeet

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Scott Styles

Scott C. Styles is senior lecturer at the University of Aberdeen Law School. He is Assistant Editor of Daintith and Willoughby, the leading book on UK oil and gas law. He has many years experience of teaching and researching oil and gas law, with a particular focus on regulatory matters and contracting.

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Richard Williams

Richard Williams is a Restructuring Partner in the London office of Pinsent Masons. He has experience in advising clients on all aspects of restructuring law. He acts for insolvency practitioners, banks, commercial clients, directors and creditors. Richard’s practice is principally in the area of restructuring although he also has particular expertise in trade finance, focusing on issues relating to distressed construction projects, and frequently advises on risk exposure issues. Recently Richard has acted on the Powerhouse administration; he has acted for the owner of a high profile national project in connection with issues arising out of some significant time and cost overruns.

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Run Understanding, Negotiating and Drafting Oil and Gas Industry Contracts Bespoke training for your team

3 days

Typical duration

Pricing from:

  • GBP 1,200
  • Per attendee
  • Course tailored to your requirements
  • At your choice of location, or online

 

We don't have any currently scheduled dates for this course but we can customise it to your requirements and deliver it on an in-house basis for any number of your staff or colleagues.

Contact our in-house training expert Aleksandra Beer to discuss your requirements:

Reviews of IPI's Understanding, Negotiating and Drafting Oil and Gas Industry Contracts training course


Well run and good speakers

Nov 21 2016

Grant Keir
Contracts Analyst, Fairfield Energy Limited

Nov 21 2016

Generally very good, with some high quality speakers and covered a good range of topics.

Lily Cartwright
Premier Oil

Nov 23 2015

Very satisfied

antoine auboiroux
SBM offshore

Nov 23 2015

Generally good

Abbey Ameen
Director , MOBS BUSINESS SOLUTIONS

Nov 23 2015

Insightful, instructive, professionally organised, good presenter

Roberto Vasini
Sales Manager Europe, Pibiviesse S.r.l.

Nov 23 2015

Overall great, some speakers more interesting than others

Thomas GAVORY
Proposals Manager, DORIS Engineering

Nov 23 2015

Course was practical and insightful

olapeju adenuga
Legal Counsel, Subsea 7

Jun 16 2014

Excellent course content, very relevant.

Michael Carthy
Onshore Seismic Category Lead, Tullow Group Services

Jun 16 2014

Excellent course content, very relevant

Michael Carthy
Onshore Seismic Category Lead, Tullow Group Services

Nov 24 2014

It's a bit too high level and passive. The presentation touch very interesting topics but there is no time to develop.

Alberto Petracci
Lead Mechanical & Rotating Equip, Single Buoy Moorings Bureau D'Etudes SAM

Nov 24 2014

Not all areas and sessions were relevant to me, however a background knowledge is an advantage to me in the areas.

Ian George Morrison
Commercial & Contracts Manager, Subsea 7

Nov 24 2014

The presentation and the speakers have been great, but maybe for another course it should be useful to have more workshops and examples.

HELGA VALL PAREJO
CONTRACTS MANAGEMENT, CEPSA E.P. S.A.

Jun 16 2014

I believe that it was a good teaching course but it could have been better. I think it focused too much on YOA, PSAs etc whereas it could have focused on the actual contract law.

Daniel Skuza
Procurement Co-ordinator, Senergy Holdings Limited

Jun 16 2014

Very good content, excellent speakers but too many speakers for the length of the course

Gavin Howe
Barrister, Crown Office Row Chambers

Nov 24 2014

It was good. Personally I acquired some knowledge and better understanding of what goes into oil and gas contracts.

Nancy Amoah
Contracts Advisor - Well Engeering, Tullow Ghana Ltd

Nov 25 2013

Overall a useful course with knowledgeable speakers

Ciara Watson
Commercial Coordinator, SPD Limited

Jun 17 2013

Generally I really enjoyed the course. First time with Falconbury and hopefully I shall be opportune to attend more. The course content was very relevant to my field of trade, hence why I signed up for it. Most of the presenters were great especially Messrs Styles, Maguire and Amison. I do feel that Messrs Swan and Kielstra could have done a better job at their presentations.

Olayinka Ajose
Associate, Advocaat Law Practice

Jun 17 2013

I would propose to either decrease the number of topics or extend the duration of the course as various issues could be discussed only very briefly. Rob Maguire was the most impressive speaker in my opinion.

Juergen Hesselink
Commercial Analyst Europe, KCA DEUTAG Drilling GmbH

Jun 17 2013

Very good, good presenters, good materials and very well run.

Daniel Jankes
Legal Counsel, Hurricane Energy plc

Jun 17 2013

Very good course.

Gadilbek Mursaliyev
Legal Council, Tengizchevroil LLP

Nov 25 2013

Content good, speakers in general okay but some dreadful.

Steven Scott
Vice President Eastern Hemisphere, TAM International North Sea

Jun 17 2013

I am very thankful to organizers and speakers for such a productive and interactive course. I really enjoyed to imbibe all the topics presented by very broad-minded and experienced facilitators.

Danara Alzakhmetova
Contracts Specialist, TENGIZCHEVROIL LLP

Nov 26 2012

It was a very interesting course, speakers were excellent! Expect for EPC part, everything worked for me.

Mehriban Gafrova
Subsea 7 (UK Service Co)

Nov 26 2012

Good

Nigel Bell
Senior Contract Engineer, CNR International (UK) Ltd

Nov 26 2012

Would not advise others to attend

Clare Meldrum
Project Manager, Oceaneering Multiflex

UK

  • Aguma & Co (Legal Practictioners)
  • AMEC Plc
  • BG Group plc
  • Bibby Offshore
  • BNFL
  • Bombardier Transportation
  • BP
  • Cairn Energy Plc
  • Capricorn Energy Ltd
  • CIECO Exploration & Production (UK) Ltd
  • CNR International (UK) Ltd
  • ConocoPhillips (UK) Limited
  • Craig Ferguson & Co LLP
  • Crown Office Row Chambers
  • DNP Doney Contracting Ltd
  • Dr K C Mildwaters Consulting LLP
  • Endeavour Energy UK Ltd
  • EnQuest PLC
  • EON Ruhrgas UK E&P Ltd
  • Eversheds
  • Fairfield Energy Limited
  • Fasken Martineau LLP
  • Fendercare Marine Ltd
  • Foster Wheeler Energy Ltd
  • Fugro GEOS Ltd
  • Fulbright & Jaworski International LLP
  • Gardline Marine Sciences Ltd
  • GDF SUEZ E&P UK Ltd
  • GE Oil & Gas
  • Hess Ltd
  • Hunting Energy Services (International) Ltd
  • Hurricane Energy plc
  • Idemitsu E&P UK Ltd
  • Independent
  • INTECSEA
  • INTECSEA UK
  • INTECSEA UK LTD
  • JDR CABLESYSTEMS
  • LXL LLP
  • M-I SWACO Oilfield Services
  • Maersk Oil Uk Ltd
  • MAN Turbo UK Ltd
  • Marathon Oil Norge AS
  • Melrose Resources Plc
  • MOBS BUSINESS SOLUTIONS
  • Muckle LLP
  • National Oilwell Varco
  • Newsome Vaughan
  • Noble Corporation
  • Oceaneering Multiflex
  • OPTIMA SOLUTIONS UK LTD
  • PA Resources UK Ltd
  • Petrofac Energy Developments UK Ltd
  • Petrofac Ltd
  • Petroplan
  • PGS Exploration (UK Ltd)
  • Pioneer Natural Resources UK
  • Premier Oil
  • Premier Oil UK
  • Ramona Geaman Consultancy Limited
  • RWE Dea UK Holdings Ltd
  • Saipem Ltd
  • Saipem Ltd, Sonsub Division
  • SBM OFFSHORE
  • Senergy Holdings Limited
  • Shell Kashagan Project Team
  • SLP Engineering Ltd
  • SPD Limited
  • Stanley Black and Decker Limited
  • Star Energy Group Ltd
  • Sterling Energy (UK) Ltd
  • SUBSEA 7
  • Subsea 7 (UK Service Co)
  • SYK Services
  • TAM International North Sea
  • TENGIZCHEVROIL LLP
  • Tethys Services Ltd
  • Thales
  • Total E & P UK
  • Tullow Group Services Ltd
  • Tullow Oil
  • Winston & Strawn
  • Xodus Group

Nigeria

  • Abraham & Co
  • Adepetun Caxton Martins Agbor & Segun
  • Advocaat Law Practice
  • Baker Hughes Company Limited
  • Baker Hughes Company Ltd
  • Caverton Helicopters Ltd
  • Caverton Offshore Supports Group plc
  • Ikiebe & Co
  • Mobil Producing Nigeria Unltd
  • Nigeria Sao Tome & PrIncipe (Joint Development Authority)
  • NNPC
  • Octopus Energy & Marine Services Ltd
  • OMEL Energy Nigeria Ltd
  • Oriental Energy Resources Ltd
  • Sahara Group Limited
  • Schlumberger Oilfield Services
  • Schlumberger Overseas SA
  • Shell
  • Subsea 7
  • The Shell Petroleum Development Company of Nigeria Ltd
  • Vfm Consulting CoLtd
  • WellManned

Netherlands

  • Ampelmann Operations B.V.
  • Brunel
  • Compressor Controls Corporation
  • Eaton Industries (Netherlands) B.V.
  • EBN
  • EBN B.V.
  • Energie Beheer Nederland
  • FMC Separation Systems BV
  • Fugro Survey BV
  • Heerema Fabrication Group BV
  • Heerema Marine Contractors Nederland BV
  • Noble Drilling (Nederland) BV
  • North Sea Petroleum Holding
  • NV Nederlandse Gasunie
  • ROSEN Europe BV
  • Seaway Heavy Lifting Engineering BV
  • SHELL NEDERLAND BV

Norway

  • Aker Solutions
  • Aker Subsea AS
  • BJ SERVICES AS
  • BP Norge AS
  • BTO AS
  • BW Offshore Ltd
  • FMC Kongsberg Subsea AS
  • Fugro-Geoteam AS
  • National Oilwell Varco
  • Siemens AS
  • Statoil ASA Norway
  • STATOIL Norway
  • VNG Norge AS

France

  • AXENS
  • DANA Corporation
  • DORIS Engineering
  • Dresser-Rand S.A
  • Fugro France
  • Geoservices
  • Maurel & Prom
  • PERENCO
  • PROSERNAT
  • Saipem Ltd
  • Spie Oil & Gas Services
  • TOTAL SA

Kazakhstan

  • Agip Kazakhstan North Caspian Operating Company
  • Agip KCO
  • Branch of BG International Limited (Kazakhstan)
  • Caspian Training Group LLP
  • Chevron
  • KARACHAGANAK PETROLEUM OPERATING BV
  • Lukoil Overseas Services Ltd
  • Maersk Oil Kazakhstan GmbH
  • Tengizchevroil
  • TengizChevrOil LLP

Germany

  • DEA Deutsche Erdoel AG
  • ExxonMobil Central Europe Holding GmbH
  • KCA DEUTAG Drilling GmbH
  • LEWA GmbH
  • RWE Dea AG
  • Siemens AG
  • Wintershall Holding GmbH

Italy

  • Agip Kazakhstan North Caspian Operation Company NV
  • DALMINE SPA
  • Eni Spa
  • ERG SPA
  • Pibiviesse S.r.l.
  • Terminale GNL Adriatico Srl

Switzerland

  • Addax Petroleum Services Ltd
  • Noble Drilling
  • Nord Stream 2 AG
  • SBM OFFSHORE
  • Single Buoy Moorings Bureau D'Etudes SAM
  • Swissgas AG

United Arab Emirates

  • ADGAS
  • Chevron Al Khalij
  • Emirates National Oil Company (ENOC) LLC
  • GL Noble Denton
  • Kentz

Qatar

  • Dolphin Energy Ltd
  • Maersk Oil Qatar AS
  • ORYX GTL Limited
  • Qatar Petroleum

Russia

  • Gazprom EP International
  • LUKOIL Overseas Service B. V. (The Netherlands), acting through its branch in the city of Moscow
  • Shtokman Development AG
  • Statoil ASA Russia

Angola

  • Esso Exploration Angola (Block 15) Ltd
  • MG Lawyers
  • Sonangol EP

Croatia

  • CROSCO INTERGRATED DRILLING & WELL SVS LTD
  • INA Industrija nafte d.d.
  • Plinacro Ltd

Cyprus

  • Frigstad Offshore Services (Cyprus) Ltd
  • JOANNOU & PARASKEVAIDES GROUP
  • PAAP Management Services

Denmark

  • AP Moller - Maersk AS
  • Logstor Oil & Gas
  • Maersk Olie og Gas AS

Egypt

  • BP Egypt
  • BP Egypt Co
  • Halliburton

Ghana

  • De Medeiros and Associates
  • Ministry of Energy
  • Tullow Ghana Ltd

Spain

  • CEPSA E.P. S.A.
  • CEPSA EP, SA
  • Repsol YPF S.A.

United States of America

  • Bolivar Trading Inc
  • Chevron Global Upstream & Gas
  • HFG Engineering US, Inc

Austria

  • Itok group
  • OMV Aktiengesellschaft

Greece

  • GP Lourantos & Partners E E/Petro-Energy
  • PUBLIC GAS CORPORATION OF GREECE (DEPA)SA

Indonesia

  • Pertamina
  • PT Pertamina Drilling Services Indonesia

Iraq

  • Gazprom Neft Middle East B.V.
  • Oryx Petroleum

Ireland

  • Shell Exploration & Production Ireland Ltd
  • Tullow Group Services

Israel

  • Gornitzky & Co Attorneys at Law
  • ORL - Oil Refineries Ltd.

Japan

  • Arabian Oil Company Ltd
  • Chiyoda Corporation

Monaco

  • SBM offshore
  • Single Buoy Moorings

Oman

  • PTTEP Oman Company Ltd
  • Sahar Askalan Legal Advocacy & Consultancy

Poland

  • Polish Oil & Gas Company
  • Polskie Górnictwo Naftowe i Gazownictwo Spólka Akcyjna

Slovak Republic

  • NAFTA AS
  • Slovensky plynárensk priemysel, a s

Sweden

  • Sandvik AB
  • Svenska Petroleum Exploration AB

Algeria

  • Sonatrach Division Exploration

Australia

  • Oil Search Ltd

Bosnia and Herzegovina

  • ENERGOINVEST dd SARAJEVO

Brazil

  • Petrobras

Cameroon

  • Cameroon Oil Transportation Company

Canada

  • Kentz Canada Limted

Chad

  • SHT/Chad National Oil Company

Cote D'Ivoire

  • Petroci Holding

Czech Republic

  • MND Drilling & Services as

Finland

  • Wärtsilä Finland Oy

Gabon

  • Addax Petroleum NZE (NIF 793 011 K)

Hungary

  • MOL Hungarian Oil& Gas Plc

India

  • Oil & Natural Gas Corporation Ltd

Iran

  • Iranian Offshore & Engineering Construction

Jamaica

  • Petroleum Corporation of Jamaica

Korea, Republic Of

  • Korea National Oil Corporation

Kuwait

  • Kuwait Petroleum Corporation

Libya

  • Repsol Exploration Murzuq

Portugal

  • GALP ENERGIA SA

Romania

  • OMV

South Africa

  • Baker Hughes

Suriname

  • State Oil Company Suriname NV

Tanzania

  • Petrobras

Thailand

  • PTT EXPLORATION & PRODUCTION PLC

Trinidad And Tobago

  • BG Trinidad and Tobago

Tunisia

  • Cooper Energy

Turkey

  • Tupras Turkish Petroleum Refineries Corp

Ukraine

  • Eni Ukraine LLC

Uruguay

  • Admisnitraciòn Nacional de Combustibles, Alcohol y Portland

Uzbekistan

  • LUKOIL Uzbekistan Operating Company LLC

Vietnam

  • PREMIER OIL VIETNAM OFFSHORE B.V.

Multiple colleagues?
Talk to one of our training experts to discuss how to:

Run this course conveniently and cost-effectively in-house for your staff and colleagues

Aleksandra BEER
Training expert

+44 (0)20 7749 4749

inhouse@ipi.academy