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Fall 2018
5397 Global Service and Procurement Agreements in Oil & Gas Sector - CARDENAS/MITRO- 25908

Professor(s): Julian Cardenas Garcia (RESEARCH PROFESSOR)
Thomas  Mitro (PROFESSOR - OTHER)

Credits: 3

Course Areas: Energy, Natural Resources and Environmental Law 

Time: 7:30p-9:00p  TTH  Location: 209  BLB

Course Outline: The activities in the upstream sector are funded by international oil companies but the work is carried out primarily by oil field contractors. Selecting the right contractors and designing and managing appropriate contractual relationships is one of the most important functions in an oil company. From both the operator and the contractor perspective the contracts must be realistic and clearly spell out roles and expected rewards and performance. Yet expectations are changing dramatically as petroleum activities must take into account the requirements of host governments, local communities and international standards in addition to company shareholder demands. Once the host government contract and the joint operating agreement are signed, how contractors would manage the compliance with obligations through service and procurement contracts? This course will provide an overview of the oil company/contractor relationships, typical contracts terms, financial implications, project finance, best practices, as well as the new trends development by integrated service contracts, to help drive sustainable results that benefit all stakeholders.

Course Syllabus: Syllabus

Course Notes:   

Prerequisites:  

First Day Assignments:

Final Exam Schedule: Take home assignment     

This course will have:
Exam:
Paper:

Satisfies Skills Course Requirement: No
Satisfies Senior Upper Level Writing Requirement: No

Experiential Course Type: no

Bar Course: No

Course Materials (5/2/2018 12:22:19 PM)

No book required for this course