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

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