The Masterclass on Understanding Drilling Contracts 2019 covers topics such as:
- 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
The Masterclass on Understanding Drilling Contracts 2019 brings together 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
