Mastering Production Sharing Contracts
After attending this course, delegates will be better equipped with the fundamentals of PSCs, along with negotiation techniques and strategies that work in…
- Level
- Intermediate
- Type
- Classroom
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About Training
After attending this course, delegates will be better equipped with the fundamentals of PSCs, along with negotiation techniques and strategies that work in international and multicultural settings. Delegates will also master how to effectively negotiate in concert with counsel and how to get the terms negotiated incorporated into an enforceable agreement.
The five-day training course is specifically designed for professionals involved nationally and internationally in the oil and gas industry, it offers a unique opportunity to rapidly increase your understanding of the legal issues involved in production sharing contracts and to improve your negotiation techniques and skills in drafting a variety of related contracts.
Training Objectives
- UNDERSTAND the evolution of the PSCs, Service Agreements, and concessionary systems
- LEARN the negotiation techniques and the role of counsel
- DIFFERENTIATE the comparisons of model PSCs in various countries
- IDENTIFY and ANALYZE the key provisions to make the PSC work
- KNOW the PSCs arrangements within the host government contracts’ framework
- AVOID Commonly occurring causes of disputes and to gain knowledge on International Dispute Resolution Framework and Institutions: how to negotiate arbitration clauses
- UNDERSTAND the common problems and pitfalls in negotiating PSC contracts
Audiences
The course is beneficial for operator and contractor professionals involved in PSC negotiation and administration, including:
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Commercial and business development managers within national and international oil and gas companies looking to improve their PSCs negotiation skills and overall commercial performance
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Legal advisors involved in negotiating or renegotiating Production Sharing Contracts
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Government representatives, policy makers, and regulators looking to increase their Production Sharing Contracts knowledge
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Insurance and risk managers looking to reduce the legal and contracts risks for their companies
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Executives, professionals, and academics looking to increase or specialise in the area of Production Sharing Contracts
Instructor
Mohammad Alramahi
Dr. Moe Alramahi, KENA Consultants Managing Director and an academic at University of Hull in the United Kingdom. He is an honorary lecturer of the University of Liverpool and a visiting professor at Institute of Law Jersey. He has been involved in advising public and private sectors on issues pertaining to upstream oil and gas agreements negotiations and drafting techniques. Dr. Alramahi has an international profile excellence and extensive training experience in delivering courses tailored to national and international portfolio of delegates, covering subjects such as, Oil and Gas Contract Negotiations and Management, International Oil and Gas Contracts, Dispute Resolution in Oil and Gas Contracts, International Commercial Arbitration, Production Sharing Contracts (PSCs), Contract Risk Management, Corporate Social Responsibility (CSR), Mergers and Acquisitions (M&A), Construction Contracts, and a practical introduction to Oil and Gas Law.
Dr. Alramahi is Chief Editor of Journal of International Trade Law and Policy (JITLP) and is regularly invited to speak and chair panels at key oil and gas conferences nationally and internationally. He serves as a panelist on the reputable Asian Domain Name Dispute Resolution Centre (ADNDRC) in Hong Kong and he has been member at various relevant law societies and organisations. Dr. Alramahi developed a popular Masters course in Oil and Gas Law and he sought successfully professional accreditation from the Energy Institute in London.
He has published widely in the field. Recent publications includes; a book entitled “UK Oil and Gas Law” published in July 2013 by Bloomsbury Professional, UK. Further publications including, Alramahi, M (2011) “Dispute Resolution in Oil and Gas Contracts", International Energy Law Review, Issue 3/2011, 78-85; Alramahi, M (2010)"New gTLDs– Pandora's Box is open", International Review of Law, Computers & Technology.
Daily Aims
Day 1: INTRODUCTION TO UPSTREAM AGREEMENTS & PSC Structure
- KEY CHARACTERISTICS OF PRODUCTION SHARING CONTRACT
- WORKSHOP 3: PSC DRAFTING
Day 2: PSC KEY PROVISIONS IN NEGOTIATION & CONTRACT DRAFTING
- DETERMINING THE STRUCTURE STYLE OF A PSC
- WORKSHOP 5: MODEL PSCs
- KEY CLAUSES
- REVIEW OF KEY PROVISIONS AND NEGOTIATION OPTIONS (I)
- WORKSHOP 6 - FISCAL INSTRUMENT
Day 3: CONTRACT MANAGEMENT, RENEGOTIATION, AND DISPUTE RESOLUTION
- CONTRACT MANAGEMENT
- WORKSHOP 7- EFFECTIVE USE OF INDEMNITY CLAUSES
- RENEGOTIATION & PSC MARKET REVIEW
- WORKSHOP 8- THE DISPUTE RESOLUTION CLAUSE
Training Schedule
| Code | Start Date | End Date | Locations | Cost | Instructor |
|---|---|---|---|---|---|
| PST0045-201601 | Kuala Lumpur, Malaysia | USD 2,895 | Mohammad Alramahi |
Why Choose This Training
Credibility
Align with API/ASME standards. Trusted by major operators.
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Led by industry veterans with real field experience.
Real Case Studies
Practical application of concepts through real world scenarios.
Practical Skills
Hands on calculations and decision making for FFS outcomes.
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Delivered to Aramco, ADNOC, SABIC, and other major operators.
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Professional Training Aligned with Industry Standards
Practical, industry ready training designed for real work environments
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