The upstream Oil and Gas Contracts training course by Solid State Training has been designed to achieve the following objectives:

• To gain knowledge of different types of contracts used in the upstream oil and gas sector and ways to interpret them
• To familiarize the participants with the contractual phrases used in upstream oil and gas contracts
• To discover the important terms of the contract and understand how they differ between PSA, maintenance contracts, as well as other forms of agreements
• To learn about the issues and challenges that arise while operating in several jurisdictions
• To get acquainted with the contractor’s duties and privileges
• To work out a strategy for resolving disagreements over upstream oil and gas contracts
• To recognize the significance of risk assessment and management
• To ensure a successful agreement by mastering the critical skills for effective oil and gas contract negotiation

The training will utilize the following training methods:

• Lectures by an experienced international specialist to provide a better grasp of the nature of the content
• Use of relevant case studies, practical exercises and business examples
• Interactive discussions that stimulate debate of problems and possible solutions
• Negotiation simulation exercises to obtain a genuine feel for negotiating a PSA contract
• A well-balanced mix of classroom and hands-on activities

Like all our acclaimed courses, this program also follows the ‘Do-Review-Learn-Apply’ model.

This training course from Solid State Training will benefit an organization in the following ways:

• Effective and trustworthy upstream oil and gas operations will be controlled by knowledgeable and skilled individuals
• The organization will be able to develop a comprehensive process that meets international requirements, increasing the company’s ability to fulfil orders from abroad
• Experienced workers will be able to construct effective and advantageous international contracts
• Decreased potential for harm and adequate contingency plans in the event of a crisis, both of which will improve the organization’s standing in the market
• Improved planning and better risk management will result in decreased expenditures
• Streamlined operations made possible by highly automated workflows will aid in cost saving

This Upstream Oil and Gas Contract Certification training course will benefit participants in the following ways:

• Gain market-relevant end-to-end awareness and experience of upstream oil and gas activities
• Ability and motivation to assume more responsibilities, such as managing projects from start to finish, will grow, opening doors to better employment opportunities
• With expanded knowledge and expertise, participants will be able to evaluate current systems and processes to see whether further streamlining is possible via the use of technology
• A better understanding of upstream oil and gas operations will enhance the ability to teach and guide other experts