Course Objectives
• Understand the legal framework governing the oil and gas industry
• Analyze the rights and obligations of parties involved in oil and gas operations
• Examine the regulatory environment and its impact on the industry
• Explore legal issues related to exploration, production, and transportation of oil and gas
• Gain knowledge of contract law and its application in the oil and gas sector
Course Content
Introduction to Oil and Gas Law
• Overview of the oil and gas industry
• Legal sources and principles governing the industry
Mineral Rights and Ownership
• Types of mineral interests
• Acquisition and transfer of mineral rights
• Leasing and royalty agreements
Exploration and Production
• Permitting and licensing requirements
• Environmental regulations and compliance
• Drilling and production operations
Midstream and Downstream Operations
• Transportation of oil and gas
• Storage and distribution
• Refining and marketing
Contracts in the Oil and Gas Industry
• Types of contracts (e.g., joint operating agreements, farmout agreements)
• Negotiation and drafting of contracts
• Dispute resolution mechanisms
Regulatory Framework
• Federal and state regulations
• Agencies involved in regulating the industry
• Compliance and enforcement
International Oil and Gas Law
• Sovereignty over natural resources
• Host government contracts (e.g., concessions, production sharing contracts)
• Dispute resolution in international oil and gas transactions
Ethics and Social Responsibility
• Corporate social responsibility in the oil and gas industry
• Environmental justice and community engagement
• Ethical considerations in oil and gas operations
METHODOLOGY
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.
DATE:
1ST BATCH: 25th – 28th Mar, 2025
2ND BATCH: 8th – 11th July, 2025
3RD BATCH: 11th – 14th Nov, 2025
25, Queen street, Alagomeji Bus Stop, Yaba, Lagos