PETROLEUM CONTRACTS - FISCAL TERMS and FUNDAMENTALS OF JOINT VENTURE IN OIL & GAS INDUSTRY TRAINING COURSE
DATE: 19th – 21st November, 2014 VENUE: Marriott Westchase, Houston
Petroleum Fiscal System denotes contractual arrangement which permits a petroleum production operation between a government/landowner and the E & P companies.
The objective of this course is to equip attendees with knowledge of various contracts used in
making exploration deals. It will present the tax and financial advantages, pitfalls and alternative deals. The training will cover Concession Agreements, Joint Venture Agreements, Production Sharing Agreements, Risk Service Contracts and Buy back Contracts.
It is also designed to equip professionals in the petroleum industry, managers, executives and government advisors with vital knowledge in implementing successful joint ventures and partnerships in the oil and gas industry.
Participants will learn essential information that will guide them in navigating through the various important stages of joint ventures for harmonious partnership and optimization of goals.
This course is interactive, entails case study analysis and role-plays.
Fundamentals of hydrocarbon exploration and production
State and future of the oil and gas market
Introduction to business law
Oil and Gas Contract
Seeking authorization – Exploration, Production, Decommissioning
Seeking authorization – (confidentiality agreement, area of mutual interest agreement, bidding agreement)
Authorization – (license, a concession, a lease, petroleum agreement)
Classification of petroleum contracts
Production sharing contracts
Revenue sharing contracts
Joint ventures agreements
Direct income for the state
Tax advantages and pit falls
National petroleum laws and production sharing contracts in the context of petroleum fiscal contracts applicable to participant countries
Ranking of regions for their fiscal /contractual conditions
Fundamentals of Joint Venture & Partnerships
¨ Introduction to the oil and gas industry
¨ Review of contracts and lifecycles in oil and gas operations
¨ The role of joint ventures in oil and gas industry
¨ Why nations and companies enter into joint ventures
¨ Industry trends and changes that impact joint ventures
¨ Strategies for partnering and partnering models
¨ Alliances, partnerships, and joint ventures
¨ Incorporated and unincorporated joint ventures
¨ Chain joint ventures
¨ Joint venture operations – successes and failures
¨ Setting up joint ventures, essential agreements, issues, negotiations
¨ Managing joint ventures and funding
¨ Cultural differences, conflict resolution
¨ Petroleum laws, local content policy and various government regulations
¨ Joint venture operating principles and performance management
¨ Examples of successful and failed joint ventures and lessons learned from them
Who should attend?
Industry executives,Joint venture managers, Contract Managers, Local Content Executives, Government Officials, Regulatory agents
Geologists, geophysicists, engineers, accountants, investors, bankers, managers at all levels, will benefit from this program.
Course duration: 3 days
Course fee: US$2,000
Mail your check (cheque) and registration form to:
Energy & Corporate Africa, Inc.
10103 Fondren Road, Suite 321
Houston, TX 77096
FOR ONLINE REGISTRATION: Use our secured payment system
DISCOUNT: Register by October 10, 2014 and Get 10% Discount
Lydia Lawrence Hon. Catherine Afeku
10103 Fondren Road, Suite 321 5th Floor Laiboni Center
Houston, TX 77096 Nairobi, Kenya
Tel: (713) 271 7778 Mobile: 254 71 803421