An Interactive 5-Day Training Course
Downstream Regulations
Review of International Effective Policies & Practices
Course Overview
Downstream Regulations: Review of International Effective Policies & Practices training course is designed for legal and non-legal industry professionals to gain knowledge of specific downstream international oil and gas arrangements; it provides an effective grounding in the critical considerations and conditions for successfully concluding oil and gas downstream agreements, focuses on the contractual methods of oil and gas downstream as practiced internationally. This GLOMACS training course will enable you to gain an insight into the way in which buyers and sellers view and negotiate oil, gas and LNG sales agreements, and will give you a detailed understanding of the terms that are important in these transactions.
This GLOMACS training course is designed to equip participants with the fundamentals that apply to contracts in the marketing and trading, plus an appreciation of the key terms of contracts for the supply of oil and gas. This training course will highlight the critical importance of contractual negotiation and evaluation skills, together with contractual, legislative and regulatory compliance in both common law and selected other jurisdictions. The hands-on practical exercises will give you an understanding of the art of negotiations. Participants will understand the components of “the deal”, timing, strategies for gaining the upper hand in negotiations, games opponents play, good vs. bad negotiations and the pitfalls of positional bargaining.
After attending this GLOMACS training course, participants will be better equipped to review selected oil and gas downstream contracts with specific emphasise on identifying common contractual pitfalls, how to negotiate and to minimise potential risk through commercial clauses.
This GLOMACS training course will highlight:
- Understanding key downstream terms and definition
- Main international industry players and fundamentals of downstream agreements
- Exploring some sample agreements and contractual pitfalls
- Sales agreements relevant to crude oil; natural gas, and Liquefied Natural Gas (LNG)
- Transportation agreements
- Gas supply and purchase agreements
- Key legal contractual risk management issues relevant to downstream oil and gas
- Negotiation techniques and strategies that work in international and multicultural settings
Training Outline
DAY 1: Dynamics of Downstream, Midstream, And Upstream and Contract Law
- Introduction to Downstream Oil and Gas Business
- Key Terms and Definition
- The Main International Industry Players
- Introduction to Specific Downstream Agreements
- Legal System and Contract Law
- Mandatory Elements of a Legally Enforceable Contract
- Contract Law: Contract Formation
- Contract Law: Contract Terms
- Contract Law: Interpretation of Contract Terms
- Contract Law: Remedies for Breach of Contract
DAY 2: Introduction to Downstream Oil and Gas Business
- Key Terms and Definition
- The Main International Industry Players
- Introduction to Specific Downstream Agreements
- Legal System and Contract Law
- Mandatory Elements of a Legally Enforceable Contract
- Contract Law: Contract Formation
- Contract Law: Contract Terms
- Contract Law: Interpretation of Contract Terms
- Contract Law: Remedies for Breach of Contract
- Assessing Available Remedies for Breach of Contract
- Rescission
- Compensatory damages
- Consequential and incidental damages
- Liquidated damages
- Specific performance
- Injunctive Relief
DAY 3: Fundamentals of Downstream Oil and Gas Contracts
- Characteristics of downstream contracts
- The contractual process
- Commercial realities of the oil and gas business
- Drafts and drafting
- Enforcement
- Fundamental legal principles
- Cultural and language issues
- Fundamental Legal Principles
DAY 4: Avoiding Common Contract Pitfalls
- Characteristics of downstream contracts
- The contractual process
- Commercial realities of the oil and gas business
- Drafts and drafting
- Enforcement
- Fundamental legal principles
- Cultural and language issues
- Fundamental Legal Principles
- Oil and Gas Transportation Agreements
- The contractual arrangements put in place for getting petroleum from the wellhead to the market place
- Off taking and transporting Oil & Gas (pipeline or ship)
- Typical terms of a Gas Pipeline Transportation and Processing Agreement (TPA)
- Transportation (or Trans-shipment) of crude oil and Liquefied Natural Gas (LNG) or Gas to Liquids (GTL)
- International practices and model contracts
DAY 5: Dispute Resolution & International Arbitration Option in Downstream Contracts
- Characteristics of downstream contracts
- The contractual process
- Commercial realities of the oil and gas business
- Drafts and drafting
- Enforcement
- Fundamental legal principles
- Cultural and language issues
- Fundamental Legal Principles
- Oil and Gas Transportation Agreements
- The contractual arrangements put in place for getting petroleum from the wellhead to the market place
- Off taking and transporting Oil & Gas (pipeline or ship)
- Typical terms of a Gas Pipeline Transportation and Processing Agreement (TPA)
- Transportation (or Trans-shipment) of crude oil and Liquefied Natural Gas (LNG) or Gas to Liquids (GTL)
- International practices and model contracts
- The Essential of Negotiations in downstream context
- Meaning of negotiation mean
- Types of negotiation
- Issues to be negotiated
- The negotiation processes
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 Sponsor, one CPE credit is granted per 50 minutes of attendance
Accreditation
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
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