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5-Day Training Course

Oil & Gas Law

Contracts and Liabilities

Course Overview

This Oil & Gas Law training course will help clients develop a strong understanding of some key commercial transactions and contracts in the oil and gas sector. Those taking the training course will be equipped with knowledge of different types of contracts and commercial arrangements entered into by commercial parties in the course of the exploration and production (upstream) and the sale (downstream) of oil and gas.

This Energy Training Centre training course will highlight:

  • The commercial rationale, underlying some key commercial transactions, and the structure and content of contracts used in the oil and gas industry in the context of upstream and some downstream operations
  • The nature and variety of commercial and legal issues and problems, arising in the context of commercial transactions, and some typical contractual solutions to these problems
  • Commercial joint venture arrangements, such as joint operating and unitisation agreements
  • Service contracts, such as drilling contracts, and the risk allocation clauses in such contracts
  • Contracts for the acquisition and disposal of assets, such as farm-out agreements
  • Sales agreements, such as oil sales contracts and long-term gas sales agreements

Course Objectives

This training course will provide a comprehensive understanding of the nature, purpose, and structure of some of the key commercial contracts used in the upstream and downstream sectors and some prominent legal issues arising under these contracts.

By the end of this Oil & Gas Law training course, participants will:

  • Develop an understanding of some key commercial contracts in the upstream and some downstream sectors.
  • Learn about the commercial rationale, purpose, structure of these contracts.
  • Gain detailed knowledge about a wide range of legal issues and problems, arising under these contracts, and how these issues are resolved by some major legal systems, such as English law.
  • Develop an ability to evaluate the relative strengths and weaknesses of different contractual solutions adopted in respect of various issues and problems.
  • Gain an understanding of the relevant legal framework of some major legal regimes, such as that of English law and the UN Sales Convention. 

Training Methodology

This Oil & Gas Law training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, and retention of the information presented. This includes exercises designed to improve and sharpen the skill sets of delegates through interactive session with role playing, case studies, discussion groups and scenario building.

Who Should Attend

This Oil & Gas Law training course is suitable for a wide range of professionals but will greatly benefit: 

  • Industry and legal practitioners or civil servants working with the energy/natural resources industry
  • Commercial, governmental, or legal professionals with an interest in the regulation of the energy/natural resources industry

Course Curriculum

  • General principles of oil and gas contract law
  • Key players in the international oil and gas industry
  • The main licensing and contractual arrangements in upstream
  • Principal standard form contracts used in the industry
  • The key legal contractual risk management issues
  • Contracts for downstream activities
  • The rationale, purpose, and basic principles of a Joint Operating Agreement (JOA)
  • The appointment, duties, and removal of the operator
  • The operating committee
  • Sole risk and non-consent options
  • Cash calls, default, and its consequences; under-/over-lifting
  • The rationale, purpose, and basic principles of a Unitisation Agreement (UA)
  • The re-determination procedure in a UA and its consequences
  • Service contracts generally
  • Drilling contracts: Basic structure and key issues
  • Risk allocation provisions in service contracts: Indemnity and limitation of liability clauses
  • Agreements on acquisition and disposal of assets: General introduction
  • Farm-out agreements: Basic principles
  • Farm-out agreements
  • Sale and purchase and transportation agreements
  • Oil sales contracts: General introduction and the overview of the role of English law and the UN Sales Convention
  • Oil sales contracts: Basic rights and obligations of the parties under English law and the UN sales convention
  • Oil sales contracts: Specific obligations of the seller under CIF and FOB contracts
  • Gas sales agreements: General introduction
  • Detail terms in gas sales agreements
  • Managing risk with indemnity, limitation, and exclusion of liability clauses
  • Forms of exclusion clauses (and why it matters) common carve-outs
  • The ‘knock for knock’ regime, benefits, and disadvantages
  • Guarantee, performance & penalties
  • Termination rights
  • Force majeure
  • Political and other risks
  • Change in law
  • Dispute resolution and claims management

Certificates Awarded

Certificate of Completion

After successfully completing this training course, participants will be awarded The Energy Training Centre Certificate of Completion — a respected validation of their dedication to continuous learning and professional excellence. This certificate signifies that participants have gained the essential knowledge and skills required to make a measurable impact in their field.

Upcoming Sessions
London, UK
Dubai, UAE
Live Virtual Session
Abu Dhabi, UAE
Live Virtual Session
Dubai, UAE
Amsterdam, The Netherlands
Live Virtual Session
London, UK
Dubai, UAE
Live Virtual Session

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Frequently Asked Questions

Our training courses are conducted at partnered hotels located within the specified training areas. Please note that venue assignments may vary based on availability. For the most current information, do not hesitate to contact us at [email protected].

Yes, we do. We provide tailored training courses designed to meet the specific requirement of larger group of individuals. These customized training courses can be conducted both classroom and online formats, allowing you the flexibility to choose you preferred dates and duration.

Please contact us at [email protected] to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.

Upon successful completion of the training course, you will receive The Energy Training Centre Certificate of Completion with corresponding learning hours.

Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at [email protected]

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

Upon receiving your registration details, either via email at [email protected] or through our online registration form, we will send you the following by email within 24-48 hours of registration.

  • Joining Instructions
  • Invoice/receipt (where appropriate)

There are two convenient options to register for a training course:

  • Online Registration Form – Register for your desired training course by completing the online registration form available on our website. Simple click on the registration button or select your preferred dates and provide the requested information.
  • Email Registration – You can email us your intention to register at [email protected]. Our team will guide you through the registration process and provide assistance you may need.

We understand that time zones may be different between our Senior Consultants and our delegates. Our standard online course timings (11:00 AM to 4:00 PM, GMT+4 – Dubai, UAE) may be adjusted upon confirming the programme. Our team shall communicate between the confirmed registered delegates and suggest a suitable course timing for all.

Our standard course duration for our classroom programmes is 6 hours per day while our online session is 5 hours per day.

Our training courses span across diverse industries, encompassing sectors such as but not limited to:

  • Power & Utilities
  • Oil & Gas
  • Financial Institutions
  • Government and Regulatory bodies
  • Manufacturing & Production Industry

Our commitment lies in continuously refining and expanding our training course offerings to align with evolving industry landscapes. We encourage individuals to explore our website or engage with our dedicated support team for the latest information on available courses, ensuring access to the most pertinent and current educational resources.

Yes, The Energy Training Centre is certified and recognized by several prominent industry standards. Specifically, it holds certifications from ILM, Continuing Professional Development (CPD), and the Project Management Institute (PMI).

  • ILM (ID# 002398B) – This certification indicates that our training programmes meet high standards for leadership and management development, ensuring that they are designed to enhance participants’ skills in these critical areas.
  • Continuing Professional Development (CPD) – Our recognition by CPD reflects our commitment to providing educational opportunities that support ongoing professional growth and skill enhancement. This accreditation ensures that our training courses are relevant and effective for professionals seeking to advance their careers.
  • Project Management Institute (PMI) – Being recognized by PMI signifies that our training programmes align with industry best practices in project management. This certification assures participants that our offerings are in line with the standards required for effective project management and are valuable for those pursuing or maintaining PMI credentials.

These certifications underscore our dedication to providing high-quality, industry-relevant training that fosters professional growth and meets established standards. Additionally, we are actively pursuing further certifications and affiliations to enhance our offerings and ensure we remain at the forefront of industry best practices.

About Energy Training Centre

Energy Training Centre is a leading provider of professional development programs for the energy and public sectors. With over 15 years of experience, we have trained more than 50,000 professionals across the Middle East and beyond.

Our expert-led courses are designed to meet the evolving needs of modern organizations, combining theoretical knowledge with practical applications that deliver immediate value to your career and organization.

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