Oil & Gas Management

International Oil and Gas Contract Management-OGM 8002

21 Nov 22-02 Dec 22 (Houston, Texas, USA.), 08 Aug 22-09 Aug 22 (London, UK), 07 Mar 22-18 Mar 22 (Dubai, UAE),

Course Overview

The basic ingredient of oil and gas business is contracting which can either be in a legal form or an outright contract which is legally binding. The specificity of contracting in oil and gas industry makes it imperative to fully understand the content and formalities of the various contracts in operations. The magnitude of the investments involved in running a successful exploration and Production Company equally necessitates full understanding of the various contracts being entered into by investors and government alike to ensure that all parties achieve equitable benefits and results in the course of business delivery.


Learning Outcome

  • Negotiating and reviewing Oil and Gas contracts
  • Assessing and managing risks in Oil and Gas contracts
  • How best to avoid common contract pitfalls
  • How to make an informed choice of alternative dispute resolution options 


Indicative Contents

  • Oil & gas field development licensing agreements
  • Oil & gas field joint operating agreements and partnership
  • Engineering Procurement Construction (EPC) and other types of contracts
  • Drilling rig hire agreements and check lists
  • Risk assessment, mitigation and management
  • Warranties and guarantees, including third parties
  • Insurance indemnity and hold-harmless clauses
  • Contractual liabilities and indemnities, including third parties
  • Working with different country jurisdictions and regulatory authorities
  • Health and safety considerations and practices, closing discussion


More Detail
Duration This is a two-week programme spread over 10 working days.
Certification A certificate of completion is granted on successful completion of the programme.
Location (Houston, Texas, USA.), (London, UK), (Dubai, UAE)
Travel and accommodation Travel and accommodation to be paid for at source by delegates.
Fees £5,250 (Excl. VAT) per delegate for 2 weeks.