Two Day Unique Seminar - Joint Ventures & Other Collaboration Agreements for the Oil & Gas Industry (London, United Kingdom - June 15-16, 2017) - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Joint Ventures & Other Collaboration Agreements for the Oil & Gas Industry" conference to their offering.

It is key to the success of all oil and gas companies to form powerful alliances that address the unique challenges they face in areas of mutual interest. Well-structured and effective joint ventures lead to commercial success and new opportunities. To achieve this success you need to ensure you have the correct agreement in place.

This unique seminar has been designed to follow on from the highly popular Drafting and Negotiating Oil and Gas Industry Contracts to focus on the key considerations of a successful joint venture agreement. Attend this programme to ensure you are up-to-date on the legal and commercial aspects of joint venture agreements that lead to successful collaborations.

Agenda:

Day One

Why venture jointly and why is it so important to the oil and gas industry:

- Background

- Sharing of risks and investment

- Price risks

- Political risk

- Weather and engineering risks

- Environmental risk

- Research and development

- The range of collaborative arrangements

- Multi party ventures

Joint Operating Agreements Overview and key provisions:

- Rationale for petroleum joint venture

- Types of governing agreements

- Parties and participating interests

- Joint operations v exclusive operations

- The operator and operating committee

- Transfers: issues and mechanics

- Default

PRACTICAL WORKSHOP SESSION: Part 1 Drafting the agreements creating the JV relationship:

- Types of pre-contract documents

- Letters of intent/MOUs/Heads of agreement

- The use of confidentiality agreements

- The aims and purpose of joint bidding agreement

- The main characteristics of area of mutual interest agreements

- Farm out agreement

- Joint study agreements

- Drafting issues and content

- Key terms

PRACTICAL WORKSHOP SESSION: Part 2 Drafting the agreements creating the JV relationship:

- The role of the partners, Operator and Operating Committee

- Incorporated joint ventures

- Shareholder's agreements

- Operator's liability

- Transfer/Assignment

- Liability and default

- Exclusivity and Non-Consent

- Exit withdrawal, assignment and pre-emptions

- Accounting and currencies

Host government contracts as joint ventures:

- Special issues involving the State as a joint venture partner

- The different kinds of agreements entered into between oil companies and host governments

- Key issues to consider when entering into a joint venture with the State

- Host government petroleum regimes

- Types of petroleum agreements

- Contracts and PSAs

- Cooperation agreements

- Production sharing agreements

Managing risk:

- Construction risk procurement strategy design works

- Examples of events commonly defined as PFM

- Permitting and licences political Force Majeure

- Change of law

- Compensation and termination/ step-in

Day Two

PRACTICAL WORKSHOP: Negotiating and drafting the main commercial provisions of the joint operating agreement:

- The relationship between the parties

- Scope

- Interest of the parties

- The role of the Operator

- The rights and duties of the Non-Operator

Tax issues in oil & gas acquisitions and joint ventures:

- Tax considerations in structuring a deal

- Particular tax challenges in dealing with transactions in emerging markets

- Mitigating and allocating tax risk

The development of technology and other IP aspects of international joint ventures:

- Existing technology and development of new technology

- Exploitation of IP rights

- Partnering

- Collaboration agreements

- Issues with multi jurisdictional agreements

- Licensing existing technology to the venture

- Dealing with patents and trade secrets

- Other proprietary rights

- Royalties and fees

- Ownership and obligations

PRACTICAL WORKSHOP Anti-trust issues:

- Sharing of information between the partners and the joint venture

- Interlocking directorates

- Secondment of staff from one or more partners to the joint venture

- How to identify antitrust exposure related to joint ventures with competitors

- How to approach the various kinds of joint ventures and cooperations arrangements in a way that complies with competition law rules

- Characteristics of full function and cooperative JV's

- ECMR or national merger control?

Handling exits and disputes between the JV parties:

- Common reasons for JV exits

- Avoiding deadlock exits

- Residual rights, liabilities and restrictions

- Commercial party concerns

- Government consent to transfer

- Pre-Emption rights

For more information about this conference visit http://www.researchandmarkets.com/research/8p7h8l/joint_ventures

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Gas, Oil

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Gas, Oil