Principles of and Procedures for Negotiating, Drafting and Managing Oil and Gas Contracts

Due to the new trends in the contemporary O&G industry, particularly in the complicated upstream & offshore projects and as a result of the dynamic changes experienced nowadays in the relationship between different players in the industry such as IOCs/NOCs/SOCs, varieties of cooperate formula such as JV, PPP, PA, JOA, Alliances, and Consortium as well as different models of contracts such as EC, EP, EPC, BOT, GC, MC, PSC, TSA, PSAC, concession and service contracts have been introduced and/or optimised in the nowadays O&G industry.

To manage the new dynamic O&G industry, it is not sufficient just to manage the O&G project but a duty of care and great considerations should also be granted to the concerned O&G contract(s). That’s why nowadays the O&G contract management become as prominently important as the project management. However, this unruly horse of O&G contract cannot be administered or controlled on a partial basis or timely manner without having a proper vision and mission for its lifecycle and chain of activities commencing from feasibility study to negotiation, conclusion, execution and close out of the O&G Contracts. Without being engaged in the strategic and tactical issues of industry O&G contracts, and without implementing a long term A-Z comprehensive O&G contract management plan, every efforts of the conventional approach of project management will be regretfully destined to the total failure.

NEOEDGE is bringing to you another of our premier course “Principles of and Procedures for Negotiating, Drafting and Managing Oil and Gas Contracts” to be held in Johannesburg, South Africa from 09 to 11 May 2011.

The aim of this course is to achieve the above mentioned purposes through comprehensive TEFCEL* Strategic Management. The course leader Dr Ebrahimi shall assure that inputs and outputs of the professionalism resulted from the outside O&G world; driven from the actual experiences and practices; based upon the true knowledge and fact finding cases; and illustrated from varieties of cases encountered in the O&G industry, will be relayed to the Workshop’s participants, making sure everyone will be ultimately satisfied acquiring handful of new thoughts and knowledge that could change his/her own O&G industry.

It will be led by Dr. S N Ebrahimi, Ex-Director of Legal & Contractual Affairs, PEDEC/NIOC and Professor of Oil and Gas Laws & Contracts, Tehran University.

Seats are limited! To secure your seats or for more information, call us today at +65 6557 9183 or email us at rilla.eas@neo-edge.com.

LNG Commercial & Economics Management Master Class - Kuala Lumpur

At a time when global LNG markets are experiencing dramatic changes, the challenges for the commercial manager in LNG are greater than ever before. This four day course is designed for an intensive training in all the commercial elements of the upstream and downstream Liquefied Natural Gas (LNG) business.

The course examines every aspect of the commercial business in the LNG sector and looks at technical aspects with a view to their impact on the commercial arrangements. Addressed in detail are the contracts for sale and purchase of LNG and for the use of LNG import terminals. Practical examples of the scheduling and management for LNG terminals are included, both for the structuring of upstream gas supply agreements and the reception and regasification of LNG supplies. The course then goes on to examine in depth the economic assessment of projects and investment decision making at each stage in the gas/LNG value chain. New developments and trends in the industry, both technologically and commercially are also addressed.

This comprehensive and up-to-date course will be valuable both to those who already have experience in natural gas as well as to new comers to the commercial sector of the industry.

NEOEDGE is bringing to you another of our premier course “LNG Commercial & Economics Management Master Class” to be held in Kuala Lumpur, Malaysia from 20 to 23 June 2011.

It will be jointly led by two Expert Practitioners & Trainers from The Energy Contract Company, Prof. Yvonne Barton MBE, Senior Associate and Nick Stranks, Director and Managing Partner.

Seats are limited! To secure your seats or for more information, call us today at +65 6557 9183 or email us at rilla.eas@neo-edge.com.

LNG Commercial & Economics Management Master Class - Trinidad

At a time when global LNG markets are experiencing dramatic changes, the challenges for the commercial manager in LNG are greater than ever before. This four day course is designed for an intensive training in all the commercial elements of the upstream and downstream Liquefied Natural Gas (LNG) business.

The course examines every aspect of the commercial business in the LNG sector and looks at technical aspects with a view to their impact on the commercial arrangements. Addressed in detail are the contracts for sale and purchase of LNG and for the use of LNG import terminals. Practical examples of the scheduling and management for LNG terminals are included, both for the structuring of upstream gas supply agreements and the reception and regasification of LNG supplies. The course then goes on to examine in depth the economic assessment of projects and investment decision making at each stage in the gas/LNG value chain. New developments and trends in the industry, both technologically and commercially are also addressed.

This comprehensive and up-to-date course will be valuable both to those who already have experience in natural gas as well as to new comers to the commercial sector of the industry.

NEOEDGE is bringing to you another of our premier course “LNG Commercial & Economics Management Master Class” to be held in Port-of-Spain, Trinidad & Tobago from 16 to 19 May 2011.

It will be jointly led by two Expert Practitioners & Trainers from The Energy Contract Company, Prof. Yvonne Barton MBE, Senior Associate and Nick Stranks, Director and Managing Partner.

Seats are limited! To secure your seats or for more information, call us today at +65 6557 9183 or email us at rilla.eas@neo-edge.com.

One more week left!!

One more week to GLOBAL GAS & LNG SUMMIT 2011! Catch us in Dubai from 07 to 10 March 2011!!

http://www.neo-edge.com/GlobalGas&LNGSummit2011

Neoedge Energy announces the rollout of this year’s Global Offshore LNG Summit in Dubai

Singapore, Singapore 18 February 2011 - Energy Edge Consultants lead by David Lee, Neoedge Business Development Manager for Energy Global – Offshore LNG, today announces the upcoming Global Offshore LNG Summit, a conference dedicated to organisations already doing and those exploring the untapped growth revenues from floating liquefied natural gas (FLNG). A well researched agenda for the oil and gas sector is in store especially to those who are still yet to gain profits from this emerging technology.

Neoedge Energy has been providing business solutions through effective networking events for the energy industry and has worked with established and aspiring companies to face business and strategic issues and helped in making key decisions affecting top-line growth to a number of companies. Global Offshore LNG Summit 2011 will be hosted from 23rd – 26th May in Dubai, United Arab Emirates.

Experienced Conference Producer of Oil & Gas Summits for Neoedge Energy, Rekha Kaur, said that many countries are now discovering the possibilities and many organisations globally are now opting for FLNG as a way to get ahead of the game as well as a way to expand business ventures and opportunities. “The birth of this summit is timely, given the revolution of offshore technologies. Gas shortage will be a problem of the past and offshore activities in terms of floating natural gas liquefaction and regasification vessel will offer great business opportunities to global oil and gas organizations.”, she added.

One of the summit’s aim is to impart expert advice in tapping these offshore gas reserves and the same way exploring stranded fields and vessels plus a number of floating storage regasification units. “Offshore activities in terms of floating natural gas liquefication and regasification vessel will offer great business opportunities to global oil and gas industry and those which needed FLNG converters for their organizations.”, Kaur pointed out.

“We picked Dubai as the event venue for the summit because of the increasing demand and the growing number of LNG projects globally and Dubai is the most accessible venue for the global energy marketplace. This will likewise address the challenge on the evidently high export cost in the Middle East and North Africa region. To date, this is the only conference that brings the most significant dialogue between government bodies, national & international oil companies, independent exploration & production companies, technology providers, service & consulting companies on the global dynamics of offshore LNG.” Kaur added, “Delegates will be exposed to in-depth insights of major domestic and international markets addressing the best strategies, approaches, techniques, technology, innovations as well as the current and future market of offshore LNG.”

For more information about the Global Offshore LNG Summit 2011, please visit the Summit website at www.neo-edge.com/globaloffshorelngsummit or you may send your enquiries to enquiry@neo-edge.com. Give us a call to reserve your place at the event: +65 6557 9166; Fax: +65 6557 9188.

-Ends-

Neoedge Pte. Ltd, Energy Edge

Neoedge is a business media company that aims to serve the corporate world with integrity and excellence by providing cutting edge business intelligences and creating high value networking opportunities. Neoedge identifies pressing issues that the corporate world is facing. Neoedge events are developed based on careful and original research including extensive and direct interactions with potential participants in the market. Neoedge events are distinguished by delivering premier value to customers in a sustainable means. Neoedge is your long term corporate business partner.

For more information about Neoedge: www.neo-edge.com

Headquartered in Singapore, Neoedge has been organising premier events all around the world including in Hamburg, Dubai, Accra, Johannesburg, Cairo, Nairobi, Cape Town, Mumbai, Bangkok, Kuala Lumpur, Singapore, Perth, Manila, Hong Kong, Shenzhen and Shanghai, et cetera.

For more information contact:

Eugene Azucena

Marketing Manager – Energy, Telecoms and Strategic Management

Neoedge Pte. Ltd

DID: +65 6557 9185 FAX: +65 6557 9188

eugene@neo-edge.com

GLOBAL OFFSHORE LNG SUMMIT 2011: http://www.neo-edge.com/globaloffshorelngsummit

Neoedge's Corporate Social Responsibility 2010

Dear readers,

Our CSR page is up and running. You can read more about what we did last year through this URL http://www.neo-edge.com/aboutus/ under the Corporate Social Responsibility tab.

We hope this serves as an inspiration to reflect on our bounty and to contribute back to the less fortunate and the society in general.

Special thanks to:

Maria & Thomas for being great organisers.

Thomas, David, Yohny, Vida, Albert, Alex, Richard, Rilla, Elbee, Maria for taking a day off to visit these children.

Those who have contributed in gifts, cash and kind.

Hayat for preparing the photo collage.

“Too often we underestimate the power of a touch, a smile, a kind word, a listening ear, an honest compliment, or the smallest act of caring, all of which have the potential to turn a life around.”

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Ghana can learn from Trinidad & Tobago’s oil and gas success story

Page last updated at Sunday, January 30, 2011 14:14 PM 

The Caribbean island state of Trinidad and Tobago is a success story and good example of a developing country that has made the most from its oil and gas industry.

The country is among the world’s five leading exporters of natural gas and so, news about a joint oil venture between that country and Ghana is encouraging.

It is also the single largest supplier of liquid natural gas  (LNG) to the US, providing two-thirds of all LNG imported into the US since 2002.

Ghana can learn from Trinidad and Tobago and derive greater benefits from its oil and gas.

In 2009 a delegation arrived from Trinidad and Tobago to explore possibilities of getting opportunities in Ghana’s nascent oil and gas industry. Officials expressed the desire to share the country’s about 50 years in the oil and gas industry with Ghana.

The delegation emphasized the need for Ghana to involve local participation in the industry.

Trinidad and Tobago is reputed for making the best out of its oil and gas industry by taking over the gas sector and commercializing it.

It is said that when the oil companies producing oil said they weren’t ready to trap and process the gas, the country said it would not allow flaring. The country quickly built infrastructure near the production site, bottled the escaping natural gas as oil was being produced, bottled it and sold.

This is a valuable lesson Ghana can learn from Trinidad and Tobago.

Read the rest of the report here.

Source: Ghana Business News http://www.ghanabusinessnews.com/