AFC-105 INTRODUCTION TO ENERGY CONTRACT FRAMEWORK

The course is aimed at orienting participants to beter decision making concerning various exploration, development and production contracts' principles and practices. It offers an understanding of energy contracts' principles and conceptual frameworks using an interactive classroom format; participants will have the opportunity to learn from presentations, exercises, and interactive discussions. Course instructors are experienced commercial advisors and PSCs/RSAs management practitioners, who have delivered services and projects to energy companies, from NOCs (national oil companies) to IOCs (Independent oil companies) to oilfield services company.

 

Topics:

1. Assessment of the energy contracts

2. Practical application of the best practices in reducing the financial transactions costs (i.e.: contracting costs), interest paid, administrative burdens while optimize energy savings

3. Utilization of economic criteria to choose value-accretive investments

4. How to weigh/avoid/mitigate risk and uncertainty