Petroleum contract negotiations and training
- An analysis and understanding of the different provisions of the petroleum agreement, including stabilisation clauses.
- Our research and training ensure that our clients get a clear understanding of how governments regulate the oil industry.
- An understanding of the structure of the contracts and agreements needed to allocate risk to individual companies.
- An understanding of the rules and regulations set out by producer governments dealing with oil and gas investors.
- Petroleum economics and the influence of changing oil prices.
- Risk sharing mechanisms amongst investors.
- Fundamentals of the oil market, natural gas and liquid natural gas.
- Shale oil and gas.
- The fundamental types of Upstream Petroleum Contracts.
- The advantages and disadvantages of the different types of Upstream Petroleum Contracts and how it is suitable for specific types of projects.
- Concessions, Production Sharing and Risk Service Contract, important details and suitability for any oil and gas upstream project.
- The role of JOA in upstream petroleum contracting Conciliation, Mediation and Settlement of Disputes.
- Understanding the essentials terms of unitisation and farm-in, farm-out agreements.