FUNDAMENTALS OF UPSTREAM PETROLEUM AGREEMENTS


Speaker - Mr C.P. Thorpe MA. LLB.
Duration - 2 Days
CPD Credit - 10.45 hrs

The purpose of the lecture is to look at upstream agreements from a practical, rather than an academic point of view, concentrating on the agreements that really matter and the issues that really arise under them.

The aim throughout is to ground the lecture in reality – the technical and commercial realities of the petroleum industry, using real negotiations, real agreements, real disputes and real people.

Chris Thorpe has been guided entirely by his own experience in this of over twenty-five years of negotiating, drafting and implementing these agreements.

There is no reason to suppose that his experience is untypical, but no one individual knows everything there is to know about the upstream.

The experience of others will inevitably differ from, and in some cases contradict, his own. It is expected that delegates of the lecture will share their experiences, to create a two-way dialogue that will be enormously valuable to all.

Course Overview

This is a foundation course, which focuses on the most common and important agreements used in the International Upstream Petroleum Industry.

It covers all aspects of agreements with resource holders, agreements between co-ventures, agreements with suppliers and contractors and agreements for the transportation and sale of production.

The course gives a detailed overview of the various agreements and identifies the key issues raised by each of them.


NEXT COURSE:

Nov 30th - Dec 1st 2009 - Kuala Lumpur

PetroEdge Asia

In Association with PetroEdge Asia we are pleased to announce the next public course for Fundamentals of Upstream Petroleum Agreements

Full details are available to download and print in PDF by clicking HERE

Course Name - FUPA1

Topics

  • Upstream Agreements in General
  • Agreements with Resource Holders
  • Agreements between Co-Venturers
  • Agreements with Suppliers and Contractors
  • Agreements for the Transportation and Sale of Production
Who Should Attend
The course will be of interest to In-house Lawyers, Solicitors, Upstream Commercial / Technical Professionals and Managers who are involved in the negotiation / drafting and implementation of Upstream Agreements that are looking for a strong and detailed introduction to these types of agreements.

Course Content Headings

  • About Upstream Agreements in General
  • The Contractual Process
  • Commercial Realities of the Upstream
  • Drafts and Drafting
  • Enforcement
  • Fundamental Legal Principles
  • Cultural and Language Issues
Agreements with Resource Holders
  • Leases
  • Concessions
  • Production Sharing Agreements
  • Service Agreements
  • Cultural and Language Issues
B. Agreements between Co-Venturers
  • AMI'S and Bidding Agreements
  • Joint Operating Agreements
  • Unitisation Agreements
  • Asset Transactions
C. Agreements with Suppliers and Contractors
D. Agreements for the Disposal of Production
  • Oil and Gas Transportation Agreements
  • Crude Oil Sales
  • Gas Sale
  • LNG Agreements
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