This advanced 5 days programme provides professionals with a rigorous, practice-oriented grounding in Upstream Petroleum Contracts. Designed for those working across the Contracts Management sector, the course combines established theoretical frameworks with current industry practice through expert-led instruction, structured case studies, and hands-on workshops.
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About this programme
This advanced 5 days programme provides professionals with a rigorous, practice-oriented grounding in Upstream Petroleum Contracts. Designed for those working across the Contracts Management sector, the course combines established theoretical frameworks with current industry practice through expert-led instruction, structured case studies, and hands-on workshops.
Participants will engage with the most relevant tools, standards, and methodologies used in Contracts Management today. By the final day, delegates will leave with a clear personal action plan and the confidence to apply their learning immediately, contributing to improved performance, compliance, and competitive advantage within their organisations.
Equip professionals with the knowledge, skills, and frameworks required to excel in Upstream Petroleum Contracts, driving measurable improvement in Contracts Management performance and delivering tangible value to their organisations.
11 key learning outcomes
Interpret the legal principles underlying commercial contracts and apply them to oil and gas agreements
Draft and negotiate key contract clauses including liability, indemnity, IP, and force majeure
Evaluate different contract structures and select the most appropriate for a given commercial arrangement
Apply FIDIC, NEC, and other standard form contracts to construction and engineering projects
Manage the contract lifecycle from pre-award through execution to close-out and claims resolution
Identify, evaluate, and price contract risk using structured risk allocation frameworks
Apply dispute resolution mechanisms including arbitration, mediation, and expert determination
Manage changes, variations, and claims to maintain contract value and avoid disputes
Apply procurement best practices to supplier selection, tendering, and contract award processes
Understand the legal framework for upstream petroleum contracts including PSAs and JOAs
Apply international commercial law and arbitration principles to cross-border contract disputes
5 training days · 15 modules · hands-on workshops
Establish the legal principles and terminology that underpin all commercial contracts.
Contract drafting exercise: teams draft a limitation of liability clause and an entire agreement clause for a provided commercial scenario, discussing the risk allocation implications.
Draft, negotiate, and evaluate the most commercially significant contract provisions.
Clause negotiation simulation: teams negotiate a mutual indemnity and limitation of liability clause from opposing positions (operator vs. contractor), reaching a commercially balanced agreement.
Apply the FIDIC and NEC standard form contracts to construction and engineering projects.
FIDIC claims exercise: teams identify and assess the validity of three contractor claims under a FIDIC Yellow Book contract, applying the claims procedure and notice requirements.
Manage contracts effectively through execution, change management, and claims avoidance.
Claims analysis: teams assess two competing claims (one by contractor, one by employer) for time and money arising from a project delay scenario, advising on the merits of each.
Apply international arbitration, dispute resolution procedures, and cross-border contracting principles.
Arbitration moot: teams prepare and present arguments for a simplified international arbitration dispute arising from an oil and gas project termination, one team acting as claimant and one as respondent.
This programme is designed for professionals across these roles
Professionals responsible for drafting, negotiating, and managing commercial contracts
In-house counsel and compliance officers advising on contract law and regulatory compliance
Managers administering contracts with contractors, vendors, and service providers
Finance and commercial teams evaluating contract risk, pricing, and commercial terms
Technical professionals who need to understand contract obligations and manage scope changes
Procurement teams responsible for tendering, supplier selection, and contract award processes
Upcoming public dates — enrol anytime
This course carries internationally recognised professional credits
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Speak with our training advisors to confirm availability, group rates, and customised in-house options.