Understanding Joint Ventures from a non-operator Perspective 2018

Topics

• Possess an enhanced knowledge of how a Production Sharing Agreement (PSA) operates
• The broader underpinning framework that supports the rationale for the JV being a vehicle of choice in terms of operating within government expectations and licensing
• The intricacies of the JV from the perspective of the roles of both the Operator and Non-Operator
• The di erent forms that a JV might take and what this means for parties that are non-operators
• The key legal issues that will impact upon the JV and what they mean
• The role played by and the powers of the Joint Operating Committee
• The importance of dispute resolution mechanisms and understand the function of the arbitral clause in a contract
• The mechanics and operations of ‘farming in’ and ‘farming out’
• What is meant by ‘abandonment’ or decommissioning securities and have awareness of what this means to a JV
• The vital importance of corporate social responsibility and what this may mean for JV operations

Who should Attend

• Commercial decision makers
• Individuals involved with strategy and planning
• Legal personnel/contract managers/contract engineers
• Project managers and key project personnel
• Individuals involved with local content compliance and corporate social responsibility