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Upstream Contracts

An Interactive 3-Day Training Course

Upstream Contracts

Approaches for Structuring Legal Frameworks Governing the Oil and Gas Operations

NASBA

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Course Summary

This GLOMACS online training seminar will help clients develop a strong understanding of how the upstream oil and gas operations are regulated and governed across the world. Those taking the seminar will be equipped with the knowledge of different legal arrangements and the legal framework that regulate the exploration for, development, and production of oil and gas and the eventual decommissioning of the facilities used in the course of oil and gas operations.

This GLOMACS online training course will highlight:

  • The historical and political context surrounding the development of the oil and gas industry
  • Various approaches that the oil and gas producing states take to structuring their legal framework governing the oil and gas operations on their territory
  • Methods of awarding the exploration and production rights, modern concession contracts and licensing regimes
  • Production sharing contracts and risk service contracts (including buy-back contracts)
  • Joint ventures and hybrid agreements
  • The legal framework governing the decommissioning of oil and gas facilities and installations

 

Course Outline
Day 1

The nature and structure of regulation and governance of international oil and gas operations

  • Historical and political context surrounding the petroleum industry
  • Old concession contracts
  • UN Resolutions
  • Petroleum industry and its main players
  • Objectives and policies pursued by host states and international oil companies (IOCs)
  • Approaches to structuring legal and regulatory frameworks by oil and gas producing states
  • Petroleum ownership
  • Methods of selecting IOCs and awarding exploration and production rights (negotiation, competitive and discretionary bidding)
  • The legal nature of granting instruments: licenses vs. contracts
Day 2

The legal arrangements between host states and IOCs (Part I)

  • Licensing regimes: basic principles
  • Licensing regimes: exploration, development, and production
  • Modern concession contracts: basic principles
  • Modern concession contracts: exploration, development, and production
  • Production sharing contracts: basic principles
  • Production sharing contracts: exploration, development, and production
Day 3

The legal arrangements between host states and IOCs (Part II) and decommissioning  

  • Risk service buy-back contracts: basic principles
  • Risk service buy-back contracts: exploration, development, and production
  • Joint ventures (corporate and contractual) and hybrid contracts: basic principles
  • Joint ventures (corporate and contractual) and hybrid contracts: exploration, development, and production
  • Decommissioning: international law, examples of domestic regulation and impact on commercial arrangements
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 Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

KHDA
NASBA

In Association With

Options & Brochure
Related Categories
Contracts Management

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.

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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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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

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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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