International oil and gas exploitation contracts
Course Objectives
This course draws widely on industry case studies and realistic examples to deliver a broad-based, practical introduction to managing oil and gas exploration, development and production contracts.
What you will learn:
- the structure and benefits of different types of international contracts for petroleum exploration, development and production
- the key elements of oil and gas exploitation contracts
- how to structure the agreement(s) to meet your company's needs
- the different needs and expectations of national and international oil and gas companies
- an understanding of non-financial elements and their impact on economics and profitability
- how to identify and manage appropriately the risks and opportunities in the contract terms
- how to differentiate between oil and gas exploitation and marketing issues involved in gas contracts
- how to model the changing parameters in a typical PSC