Legal and Economics > Sale & Purchase of Upstream Oil & Gas Properties - Classroom Training
Code Date Format Currency Team of 10
Per Person*
Team of 7
Per Person*
Early Bird Fee
Per Person
Normal Fee
Per Person
PE1759 26 - 29 Feb 2024 Kuala Lumpur, Malaysia SGD 4213 4409 4699 4899
PE1759 26 - 29 Feb 2024 Kuala Lumpur, Malaysia USD 3009 3149 3299 3499

*Fee per person in a team of 7 or 10 participating from the same organisation, registering 6 weeks before the course date
Request for a quote if you have different team sizes, content customisation, alternative dates or course timing requirements
Request for in-person classroom training or online (VILT) training format

Learn in teams and save more! Enjoy group discounts of up to 50% off normal fees for team based learning. Contact us on [email protected] to learn more today!

Code

PE1759

Date

26 - 29 Feb 2024

Format

Kuala Lumpur, Malaysia

Currency

SGD

Team of 10
Per Person*

4213

Team of 7
Per Person*

4409

Early Bird Fee
Per Person

4699

Normal Fee
Per Person

4899

Code

PE1759

Date

26 - 29 Feb 2024

Format

Kuala Lumpur, Malaysia

Currency

USD

Team of 10
Per Person*

3009

Team of 7
Per Person*

3149

Early Bird Fee
Per Person

3299

Normal Fee
Per Person

3499

*Fee per person in a team of 7 or 10 participating from the same organisation, registering 6 weeks before the course date
Request for a quote if you have different team sizes, content customisation, alternative dates or course timing requirements
Request for in-person classroom training or online (VILT) training format

About this Training

A variety of factors such as prices for crude oil and natural gas, liability exposure, and relations with host countries, present an opportunity for investors looking to acquire assets without taking on elements of exploration and market risk. Conversely, operators want to ensure that they are in the best position to monetise the disposal of interests in their portfolios.

The material in this course covers the range of considerations that occur in the sale and purchase of upstream oil and gas properties. They include structuring (asset sale, share transfer, merger, interest swaps, and farm-outs), process (tender, direct negotiation, due diligence, preliminary and final agreements, closing and post-closing adjustments) and how funding is structured (credit agreements and reserve base lending).

Upon completion of this course, participants will be able to:

  • Plan and prepare for the sale or purchase of upstream oil and gas properties
  • Select and structure the type of transaction best suit to the position of the Buyer and Seller
  • Conduct and evaluate the commercial, operational, and legal aspects of due diligence
  • Negotiate and document the terms and conditions contained in sale and purchase agreements for oil and gas properties
  • Conduct post-closing adjustments in the sale and purchase of operating properties
  • Assist in the negotiation of credit arrangements to fund the purchase of oil and gas properties

This course has been specifically designed for commercial, operating, legal and financial professionals involved in the sale and purchase of upstream oil and gas properties whose roles include:

  • Conducting tenders for the sale of exploration and operating interests
  • Performing due diligence reviews
  • Negotiating preliminary and definitive agreements
  • Arranging credit agreements and other types of funding
  • Basic or Foundation
  • Intermediate

Your expert course leader is an international legal expert in petroleum law who is based in Scotland. He received the degrees of Juris Doctor from the University of Wyoming and LLM-Energy Law from the University of Utah. He has been listed in the Guide to the World’s Leading Energy and Natural Resources Lawyers. In over 30 years of practice, he has been chief legal officer in petroleum companies, consultant to development banks and aid programmes, and law professor.

His private sector experience included positions as General Counsel of the Petroleum Corporation of New Zealand and Chief Legal Officer for Sinclair Oil Corporation in the United States. He has been a consultant to the Asian Development Bank, The World Bank and the European Investment Bank on petroleum sector policy, gas sales agreements, and production sharing contracts. This has included assignments in Cambodia, Bangladesh, India, Indonesia, Laos, Pakistan, Papua New Guinea, Philippines, and Vietnam.

Your expert course leader has been an adviser and trainer on negotiations for various petroleum companies including BP, BG Group, Gazprom, KazMunayGas, Perushaan Gas Negera, Pertamina, PETRONAS, Philippine National Oil Corporation, Total, Shell and Statoil. He was appointed by Economic Community of West African States (ECOWAS) as the lead negotiator on behalf of four West African governments for the West African Gas Pipeline Project.

His academic credentials include an appointment as Distinguished Visiting Professor for Oil & Gas Law at the University of Wyoming. He is currently Honourary Professor for International Petroleum Law at the University of Dundee Centre for Energy, Petroleum & Mineral Law and Policy. At CEPMLP, he has been the Course Director and principal instructor for seminars on Petroleum Industry Negotiations, Petroleum Service Contracts, Gas Industry Contracts, and Downstream Petroleum Law. He is the course author of International Comparative Petroleum Law. His publications include A Framework for Negotiating and Documenting International Petroleum Transactions and A Framework for Negotiating and Managing Production Sharing Contracts and Related Agreements. His academic work has been published in the Land and Water Law Review, Tulsa Law Journal and Journal of Comparative and International Law.

To further optimise your learning experience from our courses, we also offer individualized “One to One” coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster.
Request for further information about post training coaching support and fees applicable for this.