Course Overview

Downstream processes are the steps that are taken to turn oil and gas into the final product. Downstream oil and gas activities include crude oil refinement, natural gas processing and purification, and marketing and distribution of goods generated from these basic resources. There are a lot of obstacles in the downstream process because of rules and regulations, rival businesses, and fluctuating prices in the market. Additionally, it provides a plethora of possibilities for businesses to increase their profits in the areas of transmission, distribution, sales, and marketing.

What is the need for downstream regulations? It is widely acknowledged that the oil and gas industry is critical to the health of any economy, both now and in the future. Recent decades, however, have seen increased scrutiny of the industry due to environmental concerns such as air and water pollution, offshore legislation, and chemical management. Numerous private companies, including some very large ones with a global presence, are active in this field. These businesses are subject to both state and federal oversight. The company needs a development licence, a drilling licence, and an operating licence to commence downstream operations. State governments establish the prerequisites for obtaining these licences. Companies in the oil and gas business must adhere to several regulations and guidelines in addition to the requisite licences.

Zoe Talent Solutions has introduced a training course on Downstream Regulation that will empower the participants with a complete overview and understanding of the downstream sector of oil and gas.  This training course will provide a grasp of how buyers and sellers perceive and negotiate oil, gas, and LNG sales agreements, as well as a deep comprehension of the terminology that is significant in these transactions. This training course is meant to provide participants with the fundamentals of contracts in marketing and trading, as well as an understanding of the major terms of contracts for the supply of oil and gas. Downstream Regulations training course from Zoe Talent Solutions will provide you with the information and expertise you need to take on crucial tasks in the oil and gas sector, broadening your opportunities for professional advancement and development.

Course Objectives

The Downstream Regulation course by Zoe Talent Solutions has been built with the following objectives:

• To develop comprehensive knowledge and grasp of global downstream oil and gas operations
• To enhance the aptitude and expertise necessary to participate in and effectively complete any activity across any function in the downstream supply chain
• To enable negotiation of downstream oil and gas contract insurance requirements, liability and indemnification clauses profitably
• To develop expertise and experience to fill existing gaps in current processes and systems
• To enable the creation of improvements for increased efficiency and quality of service
• To equip knowledge and skills with the essential perspective and analytical abilities to investigate all potential future difficulties and hindrances

Training Methodology

The training will utilize the following training methods:

• Customization according to the participant’s professional and academic backgrounds
• Interactive workshops
• Lectures by contract specialists as well as hands-on activities
• Use of relevant case studies, practical exercises and business examples
• Roleplays and scenario building
• Problem-solving sessions
• Interactive discussions

This training follows the “Do-Review-Learn-Apply” format, just like all of our other courses.

Organisation Benefits

This training course from Zoe Talent Solutions will bring the following beneficial changes in an organization:

• Expertise and enhanced personnel’s knowledge and skill sets in areas of legal risk in downstream oil and gas contracts
• Regular reviews and process improvements in response to changing market demands, as well as international norms and laws
• Lowered expenses and improved savings in the organization as a result of the use of modern techniques and automation, which increases efficiency and reduces the opportunity for human mistakes.
• Use of enhanced Contract Personnel Negotiation Capabilities in organization
• Better branding and marketing knowledge as a result of advanced and unique marketing and branding methods implemented by skilled and experienced individuals
• Global downstream oil and gas operations that are leaner and smoother, controlled by experienced and educated individuals

Personal Benefits

This training course from Zoe Talent Solutions will benefit a participant in the following ways:

• Broadened grasp of international regulations and procedures affecting downstream oil and gas contracts
• Improved negotiation abilities to construct a range of downstream contracts
• Increased confidence and expertise in auditing existing systems and processes and making improvements for leaner operations
• Enhanced strategic and analytical ability to provide an edge in the career curve
• Increased knowledge and ability to save expenses through automation and leaner processes will make the participant an asset to any organization
• Improved skill set and capacities to take on responsibilities in any function across the downstream oil and gas supply chain
• Developed knowledge and skills needed to take on critical jobs in the oil and gas industry, expanding chances for professional progress and development

Who Should Attend?

This training course is specifically designed for professionals working in the oil and gas business on a global scale:

• Senior management of a company that has to be well-versed in all facets of global downstream oil and gas operations
• Managers and supervisors responsible for numerous responsibilities in the downstream sector
• Teams involved in a variety of tasks throughout the downstream supply chain
• Potential investors who want to make educated judgments about global downstream oil and gas activities
• Professionals interested in learning more about global downstream oil and gas operations

Course Outline

Module 1: Introduction to the Downstream Oil and Gas Industry

• Definitions of Key Terms
• The Major International Industry Participant
• Specific Downstream Agreements (Introduction)

Module 2: Contract Law and the Legal System

• Components of a Legally Enforceable Contract
• Contract Formation Under Contract Law
• Contract Law: Contract Term Interpretation
• Contract Law: Contract Breach Remedies

Module 3: Downstream Contract Characteristics

• The contracting procedure
• Commercial realities of the oil and gas industry
• Drafting and writing
• Regulation
• Fundamental legal concepts
• Concerns about culture and language

Module 4: Agreements for the Transportation of Oil and Gas

• The contractual agreements
• Oil and gas extraction and transportation
• Transportation and Processing Agreement Terms (TPA)
• Crude oil and liquefied natural gas (LNG) transportation
• Model contracts and international practises

Module 5: The Importance of Negotiations in a Downstream Context

• What does the term negotiation mean?
• Negotiation styles
• Issues to be negotiated
• The bargaining procedures

Module 6: Reducing Loss Through Careful Liability Limitation Clauses

• Liquidated damage provisions
• Taking care of damage waivers
• Damages mitigation clause
• Contractual Limitation periods

Module 7: Contractual Indemnity is a Method of Risk Transfer

• Negligence
• Strict Liability
• Unseaworthiness
• Pre-Existing Conditions
• Fees for legal services

Module 8: Managing Risk with Adequate 

• Provisions for Insurance
• An overview of the many forms of insurance coverage
• Identifying common insurance exclusions
• Examining the reliability of your insurance provider
• Insurance subordination issues
• Claims management

Module 9: Resolution of Disputes

• Using the ADR option effectively to avoid costly litigation
• Vehicles for resolving disputes
• Selection between lawsuit and arbitration

Module 10: Considerations for Mediation

• Effective Mediators and Arbitrators
• Selecting the norms of procedure for arbitration and mediation
• Creating effective provisions for conflict resolution