Fundamentals of International Joint Ventures and Partnerships /
Fiscal Terms in Oil Industry  
     |      Training Date:  April 9 – 26, 2018  |  Houston

 

This course is designed to equip professionals in the petroleum industry, and government advisors with vital knowledge of petroleum contracts, and implementation of successful joint ventures in the petroleum industry.

 

Participants will also learn how to draft contracts, MoUs, Letters of Interest; negotiate and resolve conflicts while navigating through the various important stages of oil and gas sales ,purchase and transportation contracts.

 

 

Course Outlines:

  • Introduction/ Global trends in the oil and gas industry

  • Review of contracts and  project  lifecycles in oil and gas operations

  • Key Stages of oil and gas projects – Exploration, Development, Production, Abandon, Decommission

  • Drafting Oil & Gas Contracts

  • MoU, Non- circumvention Agreement, etc

  • Classification of petroleum contracts (concession, petroleum sharing contracts, revenue sharing contracts, service contracts, risk , non –risk, partnership, etc.

  • Drilling Contracts  and alternatives

  • Oil and Gas Interests – Fee, Mineral, Leasehold, Surface, Royalty, Carried, Production Payment and others

  • Petroleum contract comparison – production, direct income for state, reserve estimation, tax advantages and pit falls

  • Upstream Petroleum Agreement

  • Downstream Petroleum Agreement

  • Crude Oil Sales and Purchase Agreement

  • Gas Sales, Purchase and Transportation Contracts

  • Gas Sales and Purchase Agreements

  • LNG Sales and Purchase Agreements

  • The role of joint ventures in oil and gas industry

  •  Why nations and companies enter into joint ventures

  • Industry trends and changes that impact joint ventures

  • Strategies for partnering and partnering models

  • Alliances, partnerships, and joint ventures

  • Incorporated and unincorporated joint ventures, Chain joint ventures

  • Joint venture operating principles and performance management

  • Setting up joint ventures, essential agreements, issues, negotiations

  • Managing joint ventures and funding

  • Examples of successful and failed joint ventures and lessons learned from them

  • Basics of Negotiation and Conflict Resolution

  • Host Government on Contracts and Renegotiation

  • Petroleum laws, local content policy and various government regulations

  • Upstream, downstream and environment regulations and impact on the industry

  • Joint venture operations – successes and failures

  • Foreign Corrupt Practices Act, Sarbanes Oxley, Clean Air Act, Extractive Transparency.

  •  

    Who should attend:

 

 

  • Lawyers, Personnel in the Legal Department

  • Contract Managers, Finance Managers/Supervisors

  • Commercial Managers, Business Development   and New Venture Managers, Project Managers/ Supervisors

  • Geologists, Geophysicists, Engineers, Accountants

  • Investors, Bankers

  •  Government officials that deal with petroleum contracts and regulations

  • Every personnel that has something to do with petroleum contracts and investments

  •  

Course Duration:2  weeks

 

Training Date: April 9  -26, 2018

  •  

School of Energy & Corporate Leadership (SECOL) is a global organization  that uses award winning experts in  providing training in the areas of energy, oil, gas, petrochemicals, regulations, law, leadership, organizational development , management, finance and economics. We believe strongly in the philosophy that humans are the greatest assets of any country or organization, and therefore should be nurtured with continuous quality training to enhance productivity, efficiency, effectiveness, reliability and competitiveness. SECOL will continue to create dynamic environment for capacity building, ensuring high performance, strategic agility, and leadership that would help organizations attain their goals and enable nations optimize socio- economic growth.