Upstream Oil, Gas, Petroleum Contracting (Theme B)

As part of this module you will cover the following areas:

• Common components of contracts, including quality and pressure, liabilities and limitations, force majeure and dispute resolution
• Joint ventures, including:
  • Mineral laws and concessions
  • The JOA and the concession
  • Evolution in the JOA relationship
  • Model form contracts
  • Incorporated and unincorporated joint ventures
• Agreements, including:  
  • The bidding process and bidding agreements
  • Pre-unitisation agreements
  • Unitisation agreements
  • Oil and gas lifting agreements
  • Sleeping Partner agreements
  • Decommissioning agreements
  • Decommissioning security agreements, parent company guarantees and performance bonds
• Buying and selling upstream assets
• Decommissioning of upstream oil and gas facilities
• Services contracts, including:  
  • Production platform and FPSO (Floating Production Storage and Offloading) construction agreements
  • Production platform and FPSO operating agreemnts
  • Contracts for producing services
  • Platform ancillary services agreements
• European Case Study
• JOAs in detail.