Oil & Gas Commercial Contracts and Negotiation Skills
Projects & Contracts · 5 Days · Public · Al-Khobraa certified · From USD 3,900
Overview
The oil and gas industry operates in a complex environment with significant contractual and financial implications. Understanding the intricacies of commercial contracts and negotiation dynamics is essential for professionals navigating this high-stakes field. The Oil & Gas Commercial Contracts and Negotiation Skills training course provides a comprehensive overview of the industry’s business, legal, and financial frameworks, equipping participants with the skills to analyze, negotiate, and manage contracts effectively.
Learning Objectives
Gain a broad perspective on the essential factors influencing the oil and gas business
Enhance their understanding of oil and gas laws and commercial contracts
Evaluate the technical, commercial, and financial aspects of contracts, assessing their impact on profitability
Build confidence in discussing technical terms, concepts, and industry-specific jargon
Master negotiation skills to lead and influence successful business agreements
Who Should Attend
This training course is designed for professionals across various roles, including:
Negotiators and Contracting Professionals
Corporate Planning Professionals
Tax Advisors
Geologists
Petroleum Engineers
Supply Planners and Scheduling Professionals
Auditors and Compliance Officers
Equity Analysts
Joint Venture Officers
Course Outline
Day 1 — Introduction to Legal, Fiscal and Contractual Basics
Crude Oil & Gas The Oil Industry Streams
Demand Drivers for Crude Oil
Drilling Contracts – Contract Alternatives
Legal Fiscal and Contractual Framework Ownership
Day 2 — Introduction to Contracts
Kinds of Oil and Gas Interests Fee Interest
Mineral Interest
Leasehold Interest
Surface Interest
Day 3 — Roles, Responsibilities and Fiscal Tools
Dissection of Petroleum Contracts The Document Follows the Events of Project
Order and Disorder in the Clauses
Parties Roles and Responsibilities in Petroleum Contracts
The General Framework of Parties Involved
Day 4 — Strategies and Solutions
Fiscal Strategies and Solutions Intro to Fiscal Strategies and Solutions in PSC
Strategies for State to meet their Profitability
The 4 Key Questions that Defines the Strategy
The Changing Profitability – Due to Prices, Costs, Production Rates
Day 5 — Negotiations Skills
Art and Science of Negotiations Skills What is Negotiation?
Understanding Relations Between Conflicts and Negotiations
Identify Key Roles and Responsibilities of Negotiating Team
Preparing for Negotiations
Accreditation
Al-Khobraa certified. On completion delegates receive an Al-Khobraa certificate of achievement.
What do Al-Khobraa projects and contracts courses cover?
The portfolio covers project management fundamentals and PMP exam preparation, Primavera P6 planning and scheduling, PRINCE2, cost control and earned value, risk management, and contract management from tendering through claims and close-out. Courses use live project scenarios rather than theory alone.
Who should attend a projects and contracts course?
These courses suit project and programme managers, planners and schedulers, project engineers, cost and contract engineers, procurement and commercial staff, and team leaders moving into project delivery roles. PMP preparation additionally assumes documented project experience, which PMI verifies at application.
How long are projects and contracts courses, and where are they held?
Most Al-Khobraa projects and contracts courses run over 5 days. The exact duration, dates and city for this course are listed in the dates section on this page. Public sessions run across Saudi Arabia — Riyadh, Jeddah, Al-Khobar, Jubail and Yanbu — as well as regional and international venues, with live virtual classrooms available on request.
What certificate will I receive?
Delegates who complete the course receive an Al-Khobraa certificate of completion, issued by a Saudi-registered training provider. Al-Khobraa also delivers internationally accredited programmes; where a course carries an external awarding body such as PMI, CIPS, ILM or IOSH, that body is named on the course's own page.
Can projects and contracts training be delivered in-house for our team?
Yes. Any Al-Khobraa projects and contracts course can be delivered in-house at your own premises anywhere in Saudi Arabia or the GCC, with the content, dates and language of delivery tailored to your team. Al-Khobraa is an approved HRDF (Hadaf) provider, so eligible Saudi employers can seek training support. Contact us for a quotation.