Masterclass on Understanding Drilling Contracts 2019

Topics

• The basic different forms of drilling contracts
• Some of the key issues that must be incorporated into a statement of requirements when tendering for a drilling contractor
• Discern both the advantages and disadvantages that stem from being involved within a JV
• The key contractual elements of a drilling contract
• What a Joint Operating Committee (JOC) is and what it does
• What a JOA is and what it does
• The differing formats and mechanisms that can be used to resolve disputes
• The essentials of stakeholder management and why this is important to commercial contracts
• Have awareness of some of the different abandonment securities that exist/are imposed in different jurisdictions

Who should Attend

Attendees with job titles such as:

• Contract Executives & Managers—Rig/Drilling
• Contract Lawyers & Attorneys—Rig/Drilling
• Contract Managers/Administrators
• Contract Negotiators—Rig/Drilling
• Drilling Contractor Marketing Personnel
• Rig Procurement Managers
• Accounting and Operational Personnel
• Project, Operations, and Rig Managers
• Business Unit Heads with responsibility for Rig Selection and Management of Drilling Operations