Understanding And Drafting Contracts In The Oil And Gas Industry Training Course (VIRTUAL EVENT: Feb 6, 2026)
Dublin, Nov. 03, 2025 (GLOBE NEWSWIRE) -- The "Contracts in the Oil and Gas Industry Training Course - Understanding and Drafting Oil and Gas Industry Contracts (Feb 6, 2026)" training has been added to ResearchAndMarkets's offering.
The accelerated pace of change in the oil and gas industry makes this one of the world's most challenging and complex sectors in which to understand, draft and negotiate contracts.
This intense oil & gas industry training course focuses on understanding and drafting contracts related to this complex industry. It will serve as either an in-depth introduction for newcomers or a useful update/refresher for those with some experience in the industry.
Why you should attend
By attending this one-day training course you will:
-    Gain knowledge of agreements that are in common use in the upstream oil and gas industry   Learn about joint operating agreements and alliances   Understand how to draft agreements for offshore design, engineering and construction work   Master the complex wording around force majeure and frustration and its implications   Get to grips with how best to deal with disputes in oil and gas contracts   Understand the differences between law and jurisdiction
 
Certification:
-   CPD: 6 hours for your records  Certificate of completion
 
Who Should Attend:
This course will be of particular benefit to:
-   In-house lawyers  Procurement managers  Contract managers  Contract analysts  Contract engineers  Contractors and sub-contractors
 
Including those new to the industry and those looking for a refresher course.
Key Topics Covered:
Introduction
Essentials of contract law
-   Contracts and Torts  Nature of contract law - liability is strict unlike in Tort  Certainty more important than fairness  Understand what you sign  Fundamental breach -v- breach of fundamental obligations
 
Two kinds of energy contract
-   Investor contracts: joint ventures and production-sharing agreements  Construction and service contracts  Confidentiality and non-disclosure agreements  Exclusivity agreements
 
Joint operating agreements and alliances
-   Relationship between the parties 
 
-   Scope  Interest of the parties  The role of the Operator  Rights and duties of the Non-Operator
 
-   Penalties for default
 
Drafting agreements for offshore design, engineering and construction work
-   Including EPC contracts (engineer procure construct)  Basic features of an EPC contract  Key oil and gas specific clauses  Key performance clauses  Performance guarantees & liquidated damages
 
Frustration and Force Majeure in the energy business
-   Dealing with the unexpected - covid, wars, price rises etc  Frustration is the common law doctrine but is very narrow so consider using FM clauses to increase your ability not to be bound by unexpected events  Wording is very important
 
Dealing with disputes in oil and gas contracts
-   Choice of method  Litigation  Arbitration  Mediation  Expert determinations
 
Choice of jurisdiction
-   Contracts can be governed by the law and jurisdiction chosen by the parties  Difference between law and jurisdiction  Why English Law is the preferred jurisdiction for global commerce, including energy
 
Final questions
  Speakers: 
Scott Styles 
University of Aberdeen Law School 
Scott C. Styles is senior lecturer at the University of Aberdeen Law School. He is Assistant Editor of Daintith and Willoughby, the leading book on UK oil and gas law. He has many years experience of teaching and researching oil and gas law, with a particular focus on regulatory matters and contracting. 
For more information about this training visit 
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