This document provides information about an upcoming 3-day course on international oil and gas contracts taking place in Lagos, Nigeria in September 2015. The course will provide attendees with knowledge and skills to prepare oil and gas contracts that enable Nigerian businesses to compete globally. Attendees will learn about different regulatory regimes, how to prepare contracts, and understand key issues and provisions. The course aims to help attendees create value for their organizations and career development by strengthening their contract skills.
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1. International Oil and
Gas Contracts in Lagos
Gain a competitive edge in the preparation and documentation of oil and
gas contracts with a 3 day course on International Oil and Gas
Contracts.
Contracts are what makes the oil and gas industry work. If the Nigerian oil
industry is to flourish in a tough global market, its vital that local companies
and lawyers can prepare and implement contracts that enable Nigerias oil and
gas businesses to compete internationally.
At this 3 day course delegates will obtain a thorough knowledge of how to
prepare oil and gas contracts in the context of different regulatory regimes. They
will get an insight into the contract matrix for a typical oil and gas investment
and how such contracts relate to one another.
By understanding the key issues in oil and gas contracts, delegates will be able
to create value for their organisations and for their own career development.
COURSE DATE
21-23September 2015
VENUE
One of the most exuberant cities
in Africa, as well as being a major
centre for the continents oil industry,
Lagos has a thriving commercial
centre and fascinating historical sites
and markets. The training venue will
be a 5 star business hotel on the
conveniently located Victoria Island.
WHO SHOULD ATTEND
Attendees of the International Oil and Gas Contracts
course are drawn from Legal Practices, NOCs, IOCs, and
professional services firms that serve the petroleum business.
As well as in-house lawyers, and private practice lawyers
engaged in oil and gas law, commercial managers, project
managers and government officials whose roles involve
contracts and negotiations will benefit from this course.
Learn how to use industry negotiation documents to best advantage
Understand the key issues to be addressed in standard oil and gas contracts
Know the legal and practical nuances of so called boiler plate provisions
Identify the best dispute resolution mechanisms for all contracts
Have an intuitive understanding of the different types of commercial contracts, how they fit
together and their commercial drivers
Recognise the relative positions, roles and obligations of all parties, whether government,
national oil company or international oil company
Have increased confidence and credibility in negotiations, arbitration and dispute resolution
BY ATTENDING THIS COURSE, DELEGATES WILL:
BOOKING
4 easy ways to book:
1. Call us - Tel: +44 203 239 0807
2. Email us: training@warrenbusinessconsulting.com
3. Online: www.warrenbusinessconsulting.com
4. Write to us: Warren Business Consulting, New Bond House, 124
New Bond Street, London, W1S 1DX, United Kingdom
Delegates from the following companies have attended our training:
2. COURSE DIRECTOR
About Bryan Gundersen
Acknowledged as one of the
worlds leading oil and gas
lawyers by the International
Whos Who of Energy
Lawyers and numerous other
publications, Bryan brings over
30 years experience in energy
law to this course.
As a course director, Bryan
aims to inspire his audience
with a combination of
compelling case studies, group discussion and challenging
exercises. Amidst all his legal successes, he says, there is nothing
quite like being able to help the next generation master the legal
complexities of our industry.
In his professional career Bryan has acted for the New Zealand
Government, state owned enterprises and a variety of major
American, European, Japanese, Australian and New Zealand
companies. He has been involved in contracts and negotiations
at almost every stage of a project lifecycle, from exploration to
decommissioning. He is familiar with the Lagos market, having run
several courses here in the past.
He is also the author or co-author of over 100 articles, books
and papers on the energy sector and oil and gas legislation, and
a regular speaker and chair at industry events. He is a former
chairman of LawAsia Energy and the Energy Law Association of
New Zealand.
TESTIMONIALS
From participants in our Contracts & Negotiations courses
The training was great, very helpful in appreciating the
issues with PPAs
The course material is very informative and borne out
by deep research and experience
The course content has been very deep and good value
for money.
He [the trainer] is clearly experiencedhis responses
to questions were inspired
[The course will] highly increase [my] negotiation
skills of commercial contracts.
The course was excellent. I learned a lot. It was way
above expectations.
.. so informative and an exposure to the practical
challenges in the oil and gas industry. It will surely
make me a better legal advisor and drafter of oil and gas
legislation.
increased [my] understanding of commercial contracts
and the ability to become involved in negotiations.
What are the trends within the
oil and gas sector that make
this course so relevant?
The increasing need to build local
capacity as large IOCs divest from
Nigeria and indigenous firms acquire
upstream assets
Interest from foreign investors and
international law firms in Africas
energy market
The changing relationship between
international oil companies (IOCs),
national oil companies (NOCs) and
service companies
The Petroleum Industry Bill and its
potential impact on the industry
Price volatility and its impact on
contracts
New technologies and new sources of
energy
Environmental and geopolitical concerns,
especially around health and safety
www.warrenbusinessconsulting.com
3. BOOKING
Book a place
Price: $2,300*
Booking is complete upon payment.
Included in the price:
Tuition, course materials, lunches and refreshments
Discounts (one discount per booking only):
$300 discount (price $2,000) if delegates book 3
months before the course date.
Group discount for delegates from the same
company: 5 for the price of 4.
4 easy ways to book:
1. Contact us in London on Tel: +44 203 239 0807
2. Email: training@warrenbusinessconsulting.com
3. Online: www.warrenbusinessconsulting.com
4. Mail: Warren Business Consulting, New Bond House, 124
New Bond Street, London, W1S 1DX, United Kingdom
4 easy ways to pay:
1. Bank transfer
2. Cheques
3. Credit card
4. Online
Booking is complete, and your place guaranteed, upon receipt of payment of our invoice. If you have to cancel your place the following policy will
apply: cancellation within 1-14 days of the programme start 100% charge; 15-30 days 50% charge; 31+ days 10% charge. A colleague can take
your place, subject to a 10% administration charge. Warren Business Consulting is not liable for any costs incurred by delegates in the unfortunate
event that the course is cancelled. Delegates are responsible for arranging their own travel and accommodation and associated costs. Warren Business
Consulting reserves the right to change or cancel any part of the published programme due to unforeseen circumstances. Delegates are responsible for
obtaining visas, and medical and travel insurance.
*If our invoice is issued to a UK business, VAT will be added at the prevailing UK rate (currently 20%). Our VAT number is 211 1256 70.
www.warrenbusinessconsulting.com
Day 1
The role of contracts
in the oil gas sectors
Upstream
Midstream
Downstream
Legal and administrative framework for oil
gas operations
Statutory permit regimes
Concession/production sharing
regimes
Common law/private property regimes
Key issues in oil gas negotiation
documentation
Minutes, Letters of intent, Heads of Agreement,
Memorandums of Understanding
Draft contracts
Key issues in upstream oil gas contracts
Confidentiality agreements
Production sharing agreements
Bidding agreements
Joint operating agreements
Farm in agreements
Drilling and service agreements
Day 2
Key issues in upstream oil gas contracts
Lifting Agreements
Gas Balancing Agreements
Key issues in wholesale product supply
agreements
What drives petroleum markets?
Physical markets and global
reference markers
Paper markets
Crude oil characteristics
Gas supply agreements
Crude oil sales agreements
Framework for downstream operations
Refining process
Refined products
Hubs and market dynamics
Transportation and International Commercial
Terms (Incoterms)
Key issues in downstream product supply
agreements
Jet fuel sale and purchase agreements
Understanding the role of related oil gas
contracts
Abandonment agreements
Unit operating agreements
Financing agreements
Day 3
Generic issues
Force Majeure
Termination and transition
Termination for convenience
Boiler plate provisions (so called)
Oil Gas Contracts with government and state-
owned enterprises
Ultra vires
Executive necessity
Sovereign immunity and sovereign risk
Political risk
Research and assessment
Political risk insurance
Contract risk management mechanisms
- Change in law
- Stabilisation
- Tax gross ups
- Compensation for termination
Dispute Resolution
Informal procedures
Formal procedures
CEO meetings, mini-trials, mediation,
independent expert, arbitration and court
proceedings
International arbitration
Private sector party to party oil gas contracts
With Governments
International arbitration clauses
Wrap up and final QA
COURSE OVERVIEW
All sessions include case studies and exercises. Exact daily programme may be subject to change.
4. WARREN BUSINESS CONSULTING ABOUT US
Helping talented individuals build their careers is an inspiring experience. At Warren Business Consulting our focus is on
developing tomorrows EP leaders.
We believe that a successful career in upstream oil and gas depends on a thorough understanding of the industrys
complexities. Technical expertise is not enough: to become a leader means understanding the geopolitics, the technology,
the finance, the many different stakeholders as well as knowing how to get the best out of a team.
The firm was set up in 2006 by Angus Warren, an industry veteran whose career includes 15 years at BP. Since then,
hundreds of aspiring managers have been on our courses, in various locations around the world, as part of their career
development.
As well as the public MBA in Oil and Gas courses shown below, we run courses on Contracts and Negotiations and we
also deliver in-house courses customised to meet the clients specific requirements, at a location convenient to them. Our
product range is expanding rapidly so please check the website for latest developments.
For further information, email us at training@warrenbusinessconsulting.com or call +44 203 239 0807
London
June
November
Houston
May
December
Lagos
June
October
Tunis
October
March
Istanbul
November
April
Erbil
November
January
Kuala Lumpur
September
January
GLOBAL CALENDAR 2015/16
www.warrenbusinessconsulting.com
WBC Training Ltd, Company No 9454985. Registered address Archway house, 81-82 Portsmouth Road Surbiton, KT6 5PT UK
The Essentials of Oil and Gas Commercial Contracts Negotiations
London December
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