International Oil and Gas Contract Management-OG 8010

7th - 18th May 2018 (London, UK) 9th - 20th July 2018 (Dubai, UAE) 15th - 26th October 2018 (Houston, Texas, USA.)

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 in itself 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

The basic ingredient of oil and gas business is contracting which can either be in a legal form or an
outright contract which in itself 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.

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 10 working days
Certification A certificate of completion is granted on successful completion of the programme.
Location Dubai-UAE, Houston-Texas-USA., London-UK
Travel and accommodation Travel and accommodation to be paid for at source by delegates
Fees Course fees for tuition, materials and certification: £4,750 (Excl. VAT) per delegate for 2 weeks.
Zenith Professional Training