Excellence in Contract Administration in Oil and Gas

Date Format Fees  
12 Mar - 15 Mar, 2019 Classroom $6,500 Register
12 Mar - 15 Mar, 2019 Classroom $6,500 Register

Event Details

By the end of this training course, participants will be able to:

  • Understand the global energy market and the structure of energy contracts.
  • Assess risks in the energy industry and know how to minimize those risks.
  • Examine and analyse the difference energy contracts both upstream and downstream
  • Assess key issues faced during contract lifecycle and know how to negotiate appropriate contractual clauses
  • Avoiding pitfalls in contract negotiations and ambiguous contractual terms

 

Content

Introduction to Energy Contracts

  • Energy Laws, Policy, Business Ethics
  • Renewable energy issues
  • Petroleum Policy & Economics
  • Environmental issues
  • Human, Socio-economic and Cultural Impacts

Specific Energy Contracts Examined

  • Gas Sale Agreement (GSA)
  • LNG Sale and Purchase Agreement (SPA)
  • Time charter party agreement
  • Terminal use agreement
  • Decommissioning

Specific Upstream Energy Agreements

  • Oil and gas concessions
  • Production Sharing Contracts
  • Service Contracts
  • Joint Operating Agreements (Joint ventures)

Risk Based Contracting – EPC, EPCM and Alliance Contracts

  • Basic features of an EPC, EPCM, Alliance contracts
  • Key oil and gas specific clauses
  • Key performance clauses
  • Liquidated damages
  • Risk allocation & Risk assessment

Structure of Transportation & Power Purchase Agreements

  • Gas Sales Agreements
  • Power Purchase Agreements
  • Transportation agreements
  • Take or pay agreements

 

For whom:  Accountants, Auditors, Human Resources Managers, Directors, Treasurers, Lawyers, and others who perform related functions in the Oil and Gas Industry.

 

Training Methodology                               

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

 

Date:

12th - 15th March, 2019

  • Venue

    SunLodge Hotel, Off Achimota - Circle Road behind the Shell Filling Station at No. 76, 4th Road (Saxel Estates) Tesano – Accra, Ghana

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