Course Overview
This is a 5-day course offered by IRES that delves into governance and legal frameworks essential for effective operations in the oil and gas industry. Participants will explore international and national laws, regulatory frameworks, and governance principles that shape the industry. The course emphasizes practical applications, case studies, and best practices to enhance understanding and compliance in the dynamic energy sector.
Course Duration
5 days
Target Audience
- Oil and gas professionals
- Legal practitioners in the energy sector
- Policy and regulatory professionals
- Governance and compliance officers
- Energy investors and stakeholders
Personal Impact
- Gain an in-depth understanding of legal and governance frameworks in the oil and gas sector.
- Learn how to navigate complex regulatory environments effectively.
- Enhance your ability to identify risks and implement compliance measures.
- Develop skills to manage contracts and resolve disputes in the energy sector.
Organizational Impact
- Improve organizational compliance with national and international laws.
- Minimize risks related to governance and legal disputes.
- Foster collaboration among stakeholders through improved contract management.
- Support sustainable and ethical practices in oil and gas operations.
Course Level:
Course Objectives
- To introduce participants to governance principles and legal frameworks in the oil and gas sector.
- To equip participants with skills to analyze contracts and agreements.
- To provide insights into resolving disputes and managing regulatory compliance.
- To explore environmental and social governance (ESG) considerations in oil and gas.
- To enhance participants’ understanding of international legal frameworks and conventions.
Course Outline
Module 1: Governance Principles in Oil and Gas
- Overview of governance in the oil and gas sector
- Role of government, international bodies, and private entities
- Key governance challenges in oil and gas operations
- Case Study 1: Examining governance structures in leading oil-producing nations
- Hands-On Exercise 1: Analyzing governance models and their impact on operational efficiency
Module 2: National Legal Frameworks in Oil and Gas
- Overview of national regulations governing exploration, production, and distribution
- Licensing, taxation, and royalties in oil and gas
- Role of national oil companies (NOCs) in the industry
- Case Study 2: Reviewing regulatory approaches in resource-rich countries (e.g., Norway, Nigeria)
- Hands-On Exercise 2: Drafting a regulatory compliance checklist for a fictional oil company
Module 3: International Legal Frameworks and Agreements
- International treaties, conventions, and trade agreements in oil and gas
- UNCLOS and maritime boundary issues in offshore oil exploration
- The role of OPEC and other international organizations
- Case Study 3: The impact of international arbitration rulings on oil disputes
- Hands-On Exercise 3: Simulating an international negotiation on oil field development
Module 4: Contract Management and Dispute Resolution
- Key oil and gas contracts: Production Sharing Agreements (PSA), Concession Agreements, and Joint Operating Agreements (JOA)
- Negotiating terms and managing risks in contracts
- Mechanisms for dispute resolution: arbitration, mediation, and litigation
- Case Study 4: Dissecting a real-world oil contract dispute and resolution process
- Hands-On Exercise 4: Drafting a joint venture agreement for an upstream project
Module 5: Environmental and Social Governance (ESG) in Oil and Gas
- ESG frameworks and their relevance to oil and gas governance
- Legal implications of environmental and social responsibilities
- Regulatory trends in decarbonization and renewable integration
- Case Study 5: Assessing the ESG performance of an international oil company
- Hands-On Exercise 5: Developing an ESG compliance strategy for a midstream operator
Related Courses
Course Administration Details:
Methodology
These instructor-led training sessions are delivered using a blended learning approach and include presentations, guided practical exercises, web-based tutorials, and group work. Our facilitators are seasoned industry experts with years of experience as professionals and trainers in these fields. All facilitation and course materials are offered in English. Participants should be reasonably proficient in the language.
Accreditation
Upon successful completion of this training, participants will be issued an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
Training Venue
The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
Accommodation and Airport Transfer
Accommodation and Airport Transfer are arranged upon request. For reservations contact the Training Officer.
- Email: [email protected]
- Phone: +254715 077 817
Tailor-Made
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on:
- Email: [email protected]
- Phone: +254715 077 817
Payment
Payment should be transferred to the IRES account through a bank on or before the start of the course. Send proof of payment to [email protected]
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