Upstream Oil and Gas Contracts
Course Overview
• Gain a comprehensive understanding of the full spectrum of oil and gas contracts • Learn about the legal principles involved in licensing, production sharing contracts and service contracts • Anticipate and deal with issues and ramifications pertinent to energy contracts • Strategize on risk management techniques used in Oil and Gas contracts • Negotiate oil and gas contract clauses effectively • Manage production and commercial risks through well-drafted contract clauses • Formulate a comprehensive approach to contracting • Apportion risk and liability between parties to oil and gas contracts • Work out a contracting strategy to meet company goals • Customize bespoke contracts suited to the needs of their company
Training Format:In-class, Virtual, In-house
Location:Lagos, Accra, Nairobi, Kigali
Language:English, French
Nigeria Price:
₦350000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$5500
Rwanda Price:
$6000
Nigeria Price:₦350000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$4000
Rwanda Price:
$4000
Nigeria Price: ₦350000
Int'l., (Nigeria) Price:
$1000
Ghana Price: $4000
Kenya Price: $4000
Rwanda Price: $4000
Introduction and Overview of Upstream Petroleum Contracts • Brief Overview of the Oil & Gas Industry • Oil and Gas Terminology • The Legal Framework for Upstream Petroleum Contracts Licensing and Production Rights • Principal Licensing and Contractual Arrangements • Upstream and Downstream Contracting • Financing in the International Oil & Gas Industry • Specific Risks in Upstream & Downstream Contracts Production Sharing Contracts (PSCs) • Drafting Production Sharing Contracts • Key Clauses in PSCs • Negotiating PSCs Service Contracts • Types of Service Contracts (Pure Service Contracts, Risk Service Contracts) • Key Clauses in Service Contracts • Negotiating Service Contracts Joint Operation Agreements (JOAs) • Purpose and Structure of JOAs • Key Clauses in JOAs • Negotiating JOAs Bidding and Tendering for Oil and Gas Contracts • Tender preparations • Evaluation resources Risk Allocation in Oil and Gas Contracts • Liabilities & Exclusion and Limitation • Indemnity and Exclusion Clauses • Mutual Hold Harmless – The ‘knock for knock’ regime • Forms of Exclusion Clauses and Common Carve-outs Dispute Resolution in Cross Border / International Agreements • Arbitration & Mediation • Mediation and Conciliation, Adjudication, Dispute Boards • Enforcement of International Arbitration Awards under the New York Convention
1ST BATCH: Tuesday, March 17, 2026 — Friday, March 20, 2026.
2ND BATCH: Tuesday, July 7, 2026 — Friday, July 10, 2026.
3RD BATCH: Tuesday, November 3, 2026 — Friday, November 6, 2026.
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and
illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical
experience, emphasizing the application of learned techniques. This approach ensures that attendees return
to their professional environments equipped with both the competence and self-assurance to effectively
implement the acquired skills in their responsibilities.
