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Modern Petroleum Contracts and Practice in Negotiations

(5 Days)

LOCATIONS DAYS DATES FEE REGISTER
Kuala Lumpur, Malaysia 5 February 10 - 14, 2020 £2350.00 Register
Doha, Qatar 5 February 16 - 20, 2020 £2350.00 Register
Kampala, Uganda 5 March 02 - 06, 2020 £2350.00 Register
Accra, Ghana 5 March 09 - 13, 2020 £2350.00 Register
Accra, Ghana 5 September 07 - 11, 2020 £2350.00 Register
Kuala Lumpur, Malaysia 5 September 14 - 18, 2020 £2350.00 Register
Doha, Qatar 5 September 14 - 18, 2020 £2350.00 Register
Kampala, Uganda 5 September 21 - 25, 2020 £2350.00 Register

Fee excluding accommodation and meals

SUITABLE: Petroleum managers and administrators in the International Oil Companies, the IOCs, engineers; technical, legal, financial and other specialists in the oil and gas, also technical professionals. OBJECTIVES: By the end of the course, delegates will:
  • Develop an in-depth knowledge of the legal and contractual framework in which the upstream oil industry conducts its operations;
  • Understand the major technical, legal/contractual and financial/economic/taxation /fiscal issues that inform modern E&P agreements world-wide;
  • Understand the principles and strategy of petroleum negotiations, etc.
SUMMARY:
  • Sovereignty, the state and the ownership of the petroleum resource
  • The petroleum legislation and key issues within it
  • Ten key steps in petroleum licensing and an example of modern petroleum legislation.
  • Petroleum leases, concessions, agreements and contracts.
  • Technical issues in petroleum agreements
  • Legal and contractual issues in petroleum agreements: the rights, duties, obligations and liabilities of the parties
  • Financial issues in negotiations: royalty, tax, additional profits taxes, OPEX, CAPEX, cost oil, profit oil, the equity agreement versus the contractor
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