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The 10-Day Oil and Gas Contracts Training

An Interactive 10-Day Training Course

The 10-Day Oil and Gas Contracts Training

Mastering Key Liabilities and Issues

NASBA
Classroom Schedule
Date Venue Fees
06 - 17 Jul 2026 London $ 11,900
14 - 25 Dec 2026 Singapore City $ 11,900
Online Schedule
Date Venue Fees
23 Mar - 03 Apr 2026 Online $ 7,900
06 - 17 Jul 2026 Online $ 7,900
22 Mar - 02 Apr 2027 Online $ 7,900

Full outline shall be posted soon.

For more Enquires, please call +971 44 250 700 or email us at: info@glomacs.sa

Course Outline

Module I: Oil & Gas Contracts

Day 1

Introduction to Oil and Gas Contracts, Licencing and Production Rights

  • Principal Licensing and Contractual Arrangements
  • Upstream and Downstream Contracting
  • Financing in the International Oil & Gas Industry
  • Specific Risks in Upstream & Downstream Contracts
  • Sale and Purchase and Transportation Agreements
  • Contractual Claims and Resultant Disputes
  • The Role of Negotiation Strategies in Dispute Avoidance under Oil & Gas Contracts
Day 2

Emergence of New Contractual Arrangements

  • The Modern Concession Contracts
  • The Production Sharing Contracts
  • Participation Agreements and Joint Operation Agreements (JOA)
  • Service Contracts, Pure Service Contracts, Risk Service Contracts
  • Environmental Impacts in the Context of Protection Policies and Requirements
  • Regulatory Framework, Institutional Factors and Infrastructure
  • Comparative Analysis of the Different Contract Forms
Day 3

Stabilisation Clauses and International Petroleum Agreements

  • Stabilisation Clauses Defined
  • Typology of Stabilisation Clauses
  • Validity and Efficacy of the Stabilisation Clause
  • Stabilisation Clauses and the National and International Law
  • The Re-negotiability of International Petroleum Agreements: Stability vs. Flexibility
  • The Triggering Events for Renegotiation
Day 4

Key Contractual Issues & Risk Allocation in Oil and Gas Contracts

  • Liabilities & Exclusion and Limitation
  • Indemnity and Exclusion Clauses: Why the need?
  • Distinctions and Definitions: Indemnity vs. Exclusion vs. Limitation
  • Mutual Hold Harmless – The ‘knock for knock’ regime
  • Forms of Exclusion Clauses (and why it matters) Common Carve-outs
  • Performance & Penalties
  • Termination Clauses and Right to Terminate
  • Force Majuere, Change in Law and other Disputes
Day 5

Methods of Dispute Resolution under Cross Border / International Agreements

  • Arbitration & Mediation – Important Differences
  • Mediation and Conciliation, Adjudication, Dispute Boards - save time and costs
  • Enforcement of International Arbitration Awards under the New York Convention
  • Contemporary Developments in Case Law and Legislation

Module II: EPCIC Contract Management in Offshore & Marine

Day 6

EPCIC Overview, Legal Framework & Contract Structure and Risk Allocation

  • EPCIC, EPC. EPCM Contract Structure and Strategy
  • Legal formation of contracts  
  • Maximizing Parties’ Rights and Interests
  • Contractor’s Single Point of Responsibility and Its Effects on Parties
  • Fixed Price Lump Sum Contracts
  • Split Contract Structures to Minimize Tax and Legal Exposure
  • EPCIC used in Shipbuilding Contracts for “Floaters” and Floating Platforms
  • Collaborative Contract Strategies to Avoid the “Blame Game”
Day 7

Tender Process Leading to an EPCIC Contract

  • Legal, Technical and Commercial Pre-qualification of Tenderers
  • Best Practices in Tender Evaluations and Selection of Tenderer
  • Important of Scope of Work and Specifications and Terms and Conditions
  • Exceptions – What to accept and what to deny
  • Finalising Tender Negotiations & Award
  • LOI and LOA Essential Terms and Legal Effects
  • Exercise on the Selection Process and Main Elements to Ensure a Successful Tender Exercise 
Day 8

Negotiating Essential Contractual Terms of EPCIC Contracts

  • Identifying Critical Issues in the Project Life-cycle
  • Managing Cost Impact Clauses like Delay, Price Fluctuations
  • Changes in Law and Regulations in Host Country & Stabilization Clauses
  • Political Risk Insurance
  • Force Majeure & Termination for Cause and without Cause
  • Negotiating Essential Contractual Terms of EPCIC Contracts
Day 9

Essential Aspects of Risk Management Strategies

  • Design, Technology & Process Risk
  • Procurement & Specification risk
  • Variations and Cost Impact
  • Payment and Multi- currency Contracts
  • Indemnities and Other Liabilities, MAC Clauses, HSE
  • Delay, Liquidated Damages and Extensions of Time (EOT)
  • Completion and Testing & Effects of Acceptance
  • Using Contractual Clauses to Manage Liabilities and Risks
Day 10

Contract Completion – Critical Issues

  • Acceptance of Punch List of Defects - What is the effect?
  • Passing of Tile and Risk - Safety & Insurance
  • Dealing with Disputes – Considering the Different Options
  • Effective dispute resolutions in EPCIC contracts, i.e. negotiations, mediation, arbitration, litigation
  • Warranties and Guarantees
  • Passing of Intellectual Property Rights
  • Defects - Exculpatory Clauses
  • Discussion on Issues Participants have Faced and How It was Handled
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers

Endorsed Education Provider

NASBA
Options & Brochure

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

Official Saudi Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

Flexible Delivery

Training courses delivered within Saudi Arabia and across international locations.

Global Standards, Local Relevance

All Saudi GLOMACS training courses are developed in line with internationally recognised standards while remaining relevant to the professional expectations and working environments in Saudi Arabia.

This approach ensures participants benefit from globally benchmarked knowledge that can be applied effectively within Saudi-based roles, regional responsibilities, and international professional contexts.

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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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