We regret to inform you that we currently don't have any sessions scheduled for this course.
Please let us know your preferred date and venue, and we'll contact you soon.
Introduction
This GLOMACS online training seminar will help clients develop a strong understanding of how the upstream oil and gas operations are regulated and governed across the world. Those taking the seminar will be equipped with the knowledge of different legal arrangements and the legal framework that regulate the exploration for, development, and production of oil and gas and the eventual decommissioning of the facilities used in the course of oil and gas operations.
This GLOMACS online training course will highlight:
The historical and political context surrounding the development of the oil and gas industry
Various approaches that the oil and gas producing states take to structuring their legal framework governing the oil and gas operations on their territory
Methods of awarding the exploration and production rights, modern concession contracts and licensing regimes
Production sharing contracts and risk service contracts (including buy-back contracts)
Joint ventures and hybrid agreements
The legal framework governing the decommissioning of oil and gas facilities and installations
Objectives
By the end of this GLOMACS online training course, participants will:
Develop an understanding of the historical context surrounding the international petroleum industry, its key players and the objectives and interests they pursue
Learn about the different methods of awarding the exploration and production rights
Gain detailed knowledge about a wide range of legal arrangements between host states and international oil companies that are used across the world to regulate the exploration for, development and production of oil and gas
Develop an ability to evaluate the relative strengths and weaknesses of the different upstream regulatory arrangements, when compared to each other
Gain an understanding of the legal framework governing the decommissioning operations
Training Methodology
This GLOMACS online training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The training course is conducted online via an Advanced Virtual Learning Platform in the comfort of your choice location.
Organisational Impact
Organisations will gain a number of benefits, including:
Expert knowledge of the regulation of the oil and gas upstream sector
In-house expertise in commercial and legal issues arising in the exploration, development, production and decommissioning operations
Employees with ability to analyse and navigating through regulatory regimes and contractual structures used across the world
Employees with enhanced understanding of the structures of and solutions adopted in international state-to-company contracts in the natural resources sector
Personal Impact
This GLOMACS online training seminar will provide participants with a number of benefits, including:
Comprehensive and systematic knowledge of the regulation of the oil and gas upstream sector that is relevant and transferrable to other natural resource sectors, such as mining and minerals
A detailed understanding of commercial and legal issues arising in the course of the exploration, development, production and decommissioning operations, and a variety of ways in which these issues can be addressed
An ability to analyse the relative strengths and weaknesses of different regulatory regimes and contractual structures used worldwide
Advanced contract and legislative drafting skills
Who should Attend?
This GLOMACS online 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 Outline
Day 1
The nature and structure of regulation and governance of international oil and gas operations
Historical and political context surrounding the petroleum industry
Old concession contracts
UN Resolutions
Petroleum industry and its main players
Objectives and policies pursued by host states and international oil companies (IOCs)
Approaches to structuring legal and regulatory frameworks by oil and gas producing states
Petroleum ownership
Methods of selecting IOCs and awarding exploration and production rights (negotiation, competitive and discretionary bidding)
The legal nature of granting instruments: licenses vs. contracts
Day 2
The legal arrangements between host states and IOCs (Part I)
Licensing regimes: basic principles
Licensing regimes: exploration, development, and production
Modern concession contracts: basic principles
Modern concession contracts: exploration, development, and production
Production sharing contracts: basic principles
Production sharing contracts: exploration, development, and production
Day 3
The legal arrangements between host states and IOCs (Part II) and decommissioning
Risk service buy-back contracts: basic principles
Risk service buy-back contracts: exploration, development, and production
Joint ventures (corporate and contractual) and hybrid contracts: basic principles
Joint ventures (corporate and contractual) and hybrid contracts: exploration, development, and production
Decommissioning: international law, examples of domestic regulation and impact on commercial arrangements
Certificates
On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates. Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
GLOMACS offers both online and in-person training options. You can choose from interactive virtual sessions or attend one of our globally located in-person training courses. The flexibility ensures that learning fits your schedule and preferences.
Yes, GLOMACS provides customized training solutions tailored to meet the specific needs of organizations. We work closely with companies to design bespoke training courses that address their unique challenges and objectives.
Our courses are structured to provide a balanced mix of theory and practical application. They typically include presentations, case studies, group discussions, hands-on activities, and interactive Q&A sessions to maximize learning outcomes.
For detailed information about specific courses, including course content, schedules, and instructors, you can visit our website or contact our customer service team. They will be happy to provide all the information you need to make an informed decision.
You can register for a GLOMACS training course by visiting our website, selecting the course of your choice, and following the simple registration process. You can also contact our support team for assistance with the registration process.
Attending a GLOMACS training course offers numerous benefits, including enhanced professional skills, increased employability, industry-recognized certification, networking opportunities with peers and experts, and the chance to apply practical knowledge directly to your workplace.
GLOMACS is a globally recognized leader in professional training and development, with a reputation for delivering high-quality, results-driven training courses. We offer a broad spectrum of training courses taught by expert trainers, flexible delivery options (both online and in-person), and accredited certifications that add real value to your career.
Yes, upon successful completion of any of our training courses, GLOMACS Certificate will be awarded to the delegates. This certificate is a valuable addition to your professional portfolio and is recognized across various industries.
