Drafting Petroleum Production Sharing Agreements

Build a working method for production sharing agreements that stands up to scrutiny and survives daily pressure.

📍 Tunis🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points

Course Overview

A contract governing production sharing agreements that nobody administers is a document, not a control. Most contractual disputes about this part of legal and contractual practice are decided by what was written, not what was intended. Applied research in legal and contractual practice consistently shows that early structure around the wider legal and contractual practice agenda reduces downstream rework. Participants apply production sharing agreements to their own contract portfolio throughout, so the output is directly usable. The course covers this aspect of legal and contractual practice at the level of detail needed to act, and stops there. Participants who influence this strand of legal and contractual practice without directly controlling it will find the content directly usable. The outcome is a practitioner who can hold a position on production sharing agreements and revise it on evidence. Teams frequently over-invest in documenting the practice within legal and contractual practice and under-invest in testing it. Work concludes with a self-assessment of the wider legal and contractual practice agenda that participants can repeat annually.

Expected Learning Outcomes

01

Build the internal capability for production sharing agreements rather than depending on external support indefinitely.

02

Communicate the purpose of production sharing agreements to those who have to comply with it.

03

Build the contract register and obligation tracker covering production sharing agreements.

04

Assess regulatory and compliance obligations triggered by production sharing agreements.

05

Draft provisions on production sharing agreements that allocate risk deliberately rather than by default.

06

Set acceptance criteria for production sharing agreements before work begins rather than after.

07

Protect intellectual property and confidential information within production sharing agreements.

Who Should Attend

01

Managers in small and medium organisations who own production sharing agreements alongside other duties.

02

Analysts producing the data on which decisions about production sharing agreements rest.

03

Risk managers assessing legal exposure from production sharing agreements.

04

Finance staff managing payment and security under production sharing agreements.

05

Company secretaries and governance officers overseeing production sharing agreements.

06

Engineers and technical staff whose records support claims under production sharing agreements.

Course Modules

01

Production sharing agreements: authority, approval and execution

2 sessions · 8 points

Session 1Exiting production sharing agreements without avoidable liability

  • Protect confidential information and intellectual property shared under production sharing agreements.
  • Assess whether the dispute route in production sharing agreements suits value and relationship.
  • Establish who administers production sharing agreements day to day once it is signed.
  • Confirm bonds, guarantees and insurance supporting production sharing agreements are valid and current.

Session 2The hard cases in production sharing agreements and how to reason about them

  • Distinguish symptoms from causes when production sharing agreements underperforms.
  • Plan the sequence in which improvements to production sharing agreements will be introduced.
  • Set out how exceptions to production sharing agreements are requested and approved.
  • Agree what will be standardised in production sharing agreements and what will not.
02

Production sharing agreements: administration during performance

2 sessions · 8 points

Session 1Choosing the dispute route for production sharing agreements deliberately

  • Apply data protection requirements to personal data handled under production sharing agreements.
  • Review limitation and exclusion clauses in production sharing agreements for enforceability.
  • Confirm that those complying with production sharing agreements understand why it exists.
  • Maintain a contract register capturing key dates and obligations in production sharing agreements.

Session 2Notices and time bars in production sharing agreements that are easy to miss

  • Review closed contracts on production sharing agreements for lessons before drafting the next one.
  • Review the definitions in production sharing agreements for terms doing heavy commercial work.
  • Diarise every notice period and time bar in production sharing agreements.
  • Identify which party bears each material risk under production sharing agreements, and whether that is intended.
03

Production sharing agreements: termination, exit and residual obligation

2 sessions · 8 points

Session 1Who answers for production sharing agreements, and to whom

  • Build the competence framework that supports production sharing agreements.
  • Agree the indicators that will show whether production sharing agreements is improving.
  • Write down the assumptions underpinning the approach to production sharing agreements.
  • Decide what will be stopped to create capacity for production sharing agreements.

Session 2Administering production sharing agreements so the contract stays enforceable

  • Draft the minimum viable contract template for production sharing agreements.
  • Prepare the claim narrative for production sharing agreements while the facts are fresh.
  • Identify where judgement in production sharing agreements is legitimate and where it is not.
  • Standardise recurring clauses in production sharing agreements into an approved template.
04

Production sharing agreements: claims, evidence and quantification

2 sessions · 8 points

Session 1The clauses in production sharing agreements that matter when performance fails

  • Confirm that reporting on production sharing agreements reaches the people who can act.
  • Establish the boundary of production sharing agreements and record what sits outside it.
  • Record the reasoning for any departure from the standard position on production sharing agreements.
  • Record contemporaneous evidence of performance under production sharing agreements as it happens.

Session 2The paperwork for production sharing agreements that is actually needed

  • Build the internal briefing that explains production sharing agreements to those affected.
  • Verify six months later that changes to production sharing agreements have held.
  • Handle each variation to production sharing agreements in writing, with price and time consequence agreed.
  • Estimate the resource production sharing agreements requires to run as designed.

Choose the package that suits you

Silver Package

At least 3 people

USD1,250
  • Workshop or Program Participation
  • Airport Transfers
  • Customized Badge
  • Expert Mentorship (Private Sessions)
  • Supervision & Secretarial Services
  • Accredited Certificate of Participation
  • Complete Training Kit
  • Coffee Break
  • Closing Ceremony

Gold Package

At least 3 people

USD1,850
  • 5-night stay in a 5-star hotel
  • Workshop or Program Participation
  • Airport Transfers
  • Customized Badge
  • Expert Mentorship (Private Sessions)
  • Supervision & Secretarial Services
  • Accredited Certificate of Participation
  • Complete Training Kit
  • Coffee Break
  • Closing Ceremony

Complete your registration

We will contact you within one business day to confirm.