Increasingly, oil and gas companies are addressing the risk and cost of hydrocarbon development through infrastructure sharing and third party access to existing infrastructure. This course examines these topics in detail through two modules:

Third Party Access provides an overview of European legislation and codes applying to third party access. It then addresses in detail the commercial issues associated with transportation and processing agreements, and associated tie-in agreements. It includes a review of the technical issues which impact the commercial and legal terms and guidance on setting tariff levels. This module is based upon offshore fields tying into European oil or gas transportation infrastructure and processing facilities.

Infrastructure Sharing covers the principles used to structure the development of infrastructure for use by multiple fields, the establishment of a design basis and capacity rights, operational issues and third party access issues. The second module is based upon an FPSO shared between separate fields in accordance with the “divided rights” concept.

This course will be held in an interactive format for a small size of class of no more than 25, with the opportunity for delegates to raise issues and ask questions.

This course was held in May at venues in both Aberdeen and Twickenham. It was led by ECC Director David McGough, who is highly experienced in this field.

The course was well received by all delegates and, in addition, ECC have now received formal accreditation of the course by the English Law Society.

55% of our delegates rated the course overall as excellent with the remaining giving a healthy “good”. The standard of the venues were also rated very highly. Some of the feedbacks were:

"The course was an excellent combination of all aspects when contemplating, negotiating and learning about infrastructure access"

"Great overview of subject"

"Very good course. Clear and very relevant"

"Good use of illustrative examples – always helps understanding"

It was also good to see that the vast majority would recommend this course to a colleague.

To register for this course please email info@energy-contract.com or download the brochure and complete the registration form.

Effective training in today’s fast-paced global LNG market is imminent with emerging dynamics and paradigm shifts seen in demand and supply. Therefore having a strong technical and operational team with extensive knowledge of the LNG value chain, both onshore and offshore is crucial. This course is designed for an intensive training in all operational elements of the upstream and downstream Liquefied Natural Gas (LNG) business.

Throughout the course, participants would have the opportunity to engage in highly interactive discussions and acquire critical operational processes and techniques. This will be achieved by examining the current trends and issues in the industry and by breaking down the whole value chain from end-to-end liquefaction processes to shipping and storage and from LNG import terminals to regasification. Practical key studies will also be presented and analyzed during the course of training and the importance of delivering value through LNG operations and management best practices will be highlighted.

For more information or to book onto this course please Click Here

Upstream oil and gas is a high value business and a lot of money is made and lost on the commercial terms worldwide. With energy prices soaring and market becoming more violent, the need for astute commercial management and commercial awareness is ever more urgent and critical for capturing value in the upstream sector. For a wide ranging background of professionals who need to equip or enhance their upstream core commercial and management skills and competencies, this comprehensive course is unique in offering a complete understanding of all the commercial elements of the entire upstream business.

This intensive two day programme provides participants with a practical, thorough and in-depth understanding of how upstream commercial works and how each part of the value chain should be tackled. It will enable participants to gain an insight into the approaches of all the players in the industry.

The course is structured in six Modules:

Module 1: The Upstream Commercial Environment
Module 2: Key Upstream Joint Venture & Licence Agreements
Module 3: Key Upstream Product Sales & Transportation Agreements
Module 4: Financial Aspects of Upstream Commercial
Module 5: Core Commercial Skills and Competencies
Module 6: Risk Management & Disputes

Throughout the course numerous examples of real life projects, case histories and situations from oil and gas developments, worldwide, will be used for effective learning.

For more information or to register please Click Here

The Energy Contract Company has been successfully holding its training courses in Gas and LNG Contracts since 1994. The course is immensely popular and well attended, and is now regularly held in Dubai, Singapore and Trinidad. Altogether, this premier course is training in excess of 100 people in the energy industry every year. Companies that have participated in the previous rounds of this course in the past l4 years in Singapore include virtually all of the majors (including: BP, Chevron Texaco, China Light and Power, Pertamina, BG Group, Itochu Japan, Petronas, Shell and CNPC China)

The course provides detailed training, in workshop format, of the terms and conditions in recently concluded Gas and LNG Sales Agreements. Based upon a composite of recent contracts, a case study approach highlights all the issues addressed in such contracts, and examines the various alternative means of handling them. The course is based on the up-to-date practical experience of The Energy Contract Company.

Participants will gain a practical understanding of how Gas and LNG Sales Agreements work and what their objectives should be. Participants will gain an insight into the way in which Buyers and Sellers view and negotiate Sales Agreements, and understand the detail of the terms that are important to them. Case studies are used to examine the practical negotiation process. The course goes on to examine the inherent risks in a Gas or LNG Project, and how these risks are addressed within the Gas and LNG Sales Agreement. Risk assessment is a complex issue, and this module examines it from a commercial perspective, looking at the project structure and identifying how the commercial terms deal with risk in a satisfactory manner. It encourages a participative, case study approach and is highlighted by a detailed examination of the Risk Matrix of an entire project, showing the balance and interaction between its various elements.

At a time when global LNG markets are experiencing dramatic changes, the challenges for the commercial manager in LNG are greater than ever before. This four day course is designed for an intensive training in all the commercial elements of the upstream and downstream Liquefied Natural Gas (LNG) business. The course examines every aspect of the commercial business in the LNG sector and looks at technical aspects with a view to their impact on the commercial arrangements. Addressed in detail are the contracts for sale and purchase of LNG and for the use of LNG import terminals. Practical examples of the scheduling and management for LNG terminals are included, both for the structuring of upstream gas supply agreements and the reception and regasification of LNG supplies. New developments and trends in the industry, both technologically and commercially are addressed. The course will be valuable both to those who already have experience in natural gas as well as to new comers to the commercial sector of the industry.

This in-depth four day programme builds on the Commercial Fundamentals to apply commercial principles to the economic assessment of investments in the upstream oil and gas industry. Both technical analysts and corporate managers need to have a firm grasp of these principles to operate effectively in the upstream oil and gas industry.

The course provides participants with a practical, thorough training on the skills: to use economic evaluation techniques to calculate the economic and financial viability of projects; to quantify the impact of risk and uncertainty; to compute various measures of project viability including net present value, internal rate of return, profitability index and payback; the understanding of the appropriate choice of method for various situations.

The course first introduces participants to the global world of finance and the objectives of companies in setting economic targets. The course then addresses the type of data used in economic assessment and the sources and selection of data. Economic evaluation techniques are examined in depth to include project economics as well as accounting for project finance and corporate financials. Risk and uncertainty in economic assessment is then addressed as central to management decision making. Interactive case studies provide participants with hands on experience of practical economic modeling techniques.

The Energy Contract Company provides training on current practice in the Price Review provisions of Gas and LNG Sales Contracts. In a period of turbulence in world energy prices, there is increasing reliance in the industry on the price review provisions in gas and LNG sales for ensuring that prices reflect market value. The course looks at price review case studies, and a means of addressing this difficult pricing issue.

This course includes training on the practices commonly used in the oil and gas industry for the resolution of contractual disputes: arbitration; expert proceedings; litigation. In two sections:
1) the procedures of dispute resolution (process; contractual / factual disputes; costs; reputational damage; etc. and
2) addressing dispute resolution in oil and gas contracts; including arbitration and dispute resolution clauses, price review clauses and referral to experts