Upstream Oil and Gas Contracts
Course Info
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Course Details
Introduction
Objective
Who should attend
Course Location
Upstream oil and gas projects are shaped by contracts — every partnership, every deal, every risk allocation starts and ends with what’s on paper. From exploration rights to production sharing, joint ventures to service agreements, the complexity and high stakes of upstream operations demand a strong legal and commercial understanding.
This Upstream Oil and Gas Contracts course is designed to help professionals navigate the full lifecycle of upstream contracting. Over five days, you'll take a deep dive into how contracts are structured, negotiated, and managed across exploration, development, and production phases.
We'll break down key agreement types — like PSCs, JOAs, farm-in/farm-out deals, and unitization contracts — and look closely at fiscal terms, risk management tools, and dispute resolution mechanisms. You'll also cover how to structure contracts for services, equipment, logistics, and decommissioning, all grounded in current industry practices and real-world examples.
Whether you're negotiating deals, supporting operations, or reviewing contractual risk, this course helps you build the confidence to manage upstream agreements strategically and effectively.
Course Outline
Bidding and Tendering for Oil and Gas Contracts
- Exploring the procedures and documentation required to prepare competitive tender submissions.
- Identifying evaluation criteria and resource planning for effective bid management.
- Reviewing strategies to structure and finalize technical and financial proposals.
- Discussing confidentiality obligations and data handling during the bidding phase.
- Examining real-world tendering scenarios and lessons learned from past case studies.
