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Understanding Energy Contracts

An Interactive 5-Day Training Course

Understanding Energy Contracts

A Comprehensive Guide

NASBA
Scheduled Dates
Date Venue Fees
02 - 06 Nov 2026 Online $ 4,950
21 - 25 Dec 2026 Dubai $ 5,950
18 - 22 Jan 2027 London $ 5,950
19 - 23 Jul 2027 Abu Dhabi $ 5,950
16 - 20 Aug 2027 Online $ 4,950
16 - 20 Aug 2027 London $ 5,950
13 - 17 Sep 2027 Luanda $ 5,950
01 - 05 Nov 2027 Online $ 4,950
20 - 24 Dec 2027 Dubai $ 5,950

Course Summary

The Understanding Energy Contracts training course provides participants with a detailed understanding of the energy contracts required to operate effectively within today’s dynamic energy marketplace. This training course examines a range of energy agreements, explaining their purpose, structure, and practical application while equipping participants with the skills needed to negotiate effective and commercially sound contractual arrangements.

As energy continues to play a fundamental role in economic and industrial development, organisations must adopt strategic approaches to managing contractual obligations and opportunities. Energy contracts should be aligned with an organisation’s risk profile, operational objectives, and commercial priorities. This training course explores how organisations can structure contracts to support pricing objectives, address market volatility, reduce unnecessary exposure to risks, and provide sufficient flexibility to meet stakeholder expectations while maintaining commercial viability.

Skills & Competencies

From this Understanding Energy Contracts training course, participants will develop the following key skills and competencies:

  • Evaluating energy contract structures
  • Assessing contractual and commercial risks
  • Negotiating key contractual provisions
  • Managing contract lifecycle challenges
  • Developing energy pricing approaches
  • Identifying and avoiding contract pitfalls

Key Learning Outcomes

At the end of Understanding Energy Contracts training course, you will learn to:

  • Explain the structure of global energy markets and energy contracts
  • Evaluate risks within energy sector agreements
  • Analyse upstream and downstream energy contracts
  • Assess contractual issues throughout the contract lifecycle
  • Negotiate appropriate contract provisions
  • Recognise and avoid unclear contractual terms and negotiation risks

How You Will Learn

This Understanding Energy Contracts training course uses a range of interactive and established learning approaches designed to maximise understanding, participation, and knowledge retention. Participants will engage in practical exercises that strengthen their understanding of key energy contracts while developing their ability to negotiate more effectively. Learning activities include case studies, facilitated discussions, interactive group work, and scenario-based exercises that encourage practical application of the concepts covered.

Who should Attend?

This Understanding Energy Contracts training course is designed for professionals working across the energy sector and will be particularly beneficial for:

  • Contracts Professionals
  • Commercial Managers & Professionals
  • Project Managers
  • Procurement Supply Chain Professionals
  • Risk Manager / Contract Risk Professionals
  • Financial Professionals in the Energy Industry
Course Outline
Day 1

Introduction to Energy Contracts

This day explores the legal, policy, commercial, environmental, and societal considerations that shape energy contracts. Participants will examine the broader context in which energy agreements operate and the factors influencing contractual decision-making. The topics covered will include: 

  • Energy Laws, Policy, Business Ethics
  • Renewable Energy Issues
  • Petroleum Policy & Economics
  • Environmental Issues
  • Human, Socio-economic and Cultural Impacts
Day 2

Specific Energy Contracts Examined

This day explores a selection of important energy agreements commonly used across the industry, together with their purpose, structure, and operational implications. The topics covered will include:

  • Gas Sale Agreement (GSA)
  • LNG Sale and Purchase Agreement (SPA)
  • Time Charter Party Agreement
  • Terminal Use Agreement
  • Decommissioning
Day 3

Specific Upstream Energy Agreements

This day explores the principal contractual arrangements used within upstream oil and gas activities, highlighting their commercial roles and operational significance. The topics covered will include:

  • Oil and Gas Concessions
  • Production Sharing Contracts
  • Service Contracts
  • Joint Operating Agreements (Joint ventures)
Day 4

Risk-Based Contracting – EPC, EPCM, and Alliance Contracts

This day explores risk-focused contracting strategies and examines the structure and purpose of EPC, EPCM, and Alliance arrangements, together with important contractual provisions and risk allocation considerations. The topics covered will include: 

  • Essential Features of an EPC, EPCM, Alliance Contracts
  • Key Oil and Gas Specific Clauses
  • Key Performance Clauses
  • Liquidated Damages
  • Risk Allocation & Risk Assessment
Day 5

Structure of Transportation & Power Purchase Agreements

This day explores contractual arrangements governing energy sales, transportation, and power transactions, together with key commercial mechanisms used within these agreements. The topics covered will include:

  • Gas Sales Agreements
  • Power Purchase Agreements
  • Transportation Agreements
  • Take or Pay Agreements
Certificates
  • Upon successful completion of the classroom-based 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 Sponsors, one CPE credit is granted per 50 minutes of attendance
  • Upon successful completion of the online training course, a GLOMACS Certificate will be awarded to all delegates. Guided Learning Hours – In accordance with ISO 9001:2015–certified quality management standards, one Guided Learning Hour is awarded for every 60 minutes of attendance.
Providers and Associations

Endorsed Education Provider

NASBA

In Association With

Options & Brochure
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NASBA

Customisation & In-House Delivery

Delivering this training course in-house enables organisations to align energy contracting practices with their specific commercial objectives, risk profiles, and operational requirements. Customisation supports the development of contract structures, pricing strategies, negotiation approaches, and risk-allocation mechanisms that reflect organisational priorities and industry-specific challenges.

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

Official Saudi Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

Flexible Delivery

Training courses delivered within Saudi Arabia and across international locations.

Additional Benefits of this course for Organisations and Professionals in Saudi Arabia

Organisations & Professionals in KSA will have the following additional benefits from this Understanding Energy Contracts training course:

  • Strengthened understanding of energy contract frameworks
  • Improved management of contractual and commercial risks
  • Enhanced contract negotiation capabilities
  • Better alignment of contracts with business objectives
  • Increased awareness of market and pricing considerations
  • Greater confidence in managing energy sector agreements
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What Our Clients Say

Excellent the EPC / EPCM was well covered.

- KAWU Abubakar
Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.

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Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Yes, in-house and customised strategy training courses are available to support organisations seeking tailored strategic capability development. These courses can be aligned with your industry context, organisational challenges, and long-term strategic objectives.

For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email [email protected] . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars

If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any other related enquiries.

For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at [email protected]

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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