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Understanding Energy Contracts

An Interactive 5-Day Training Course

Understanding Energy Contracts

A Comprehensive Guide

NASBA
Classroom Schedule
Date Venue Fees
19 - 23 Jan 2026 London $ 5,950
20 - 24 Jul 2026 Abu Dhabi $ 5,950
17 - 21 Aug 2026 London $ 5,950
21 - 25 Dec 2026 Dubai $ 5,950
18 - 22 Jan 2027 London $ 5,950
Online Schedule
Date Venue Fees
17 - 21 Aug 2026 Online $ 3,950

Introduction

This GLOMACS Understanding Energy Contracts training course will provide participants with a comprehensive understanding of energy contracts essential to manage the volatile energy market. In this GLOMACS training course, participants will receive a thorough in-depth exposition of the several energy contracts and understand the rationale behind them and acquire essential skills to negotiate sound well thought out energy contracts.

Energy needs must be met in a world that cannot survive without it. How effectively we meet this need will determine the development of the modern world. Energy Contracts need to be strategic and looked at through the lens of your company’s current risk profile. Companies need to formulate a targeted approach. Your energy contract management should provide customized solutions and also determine the best pricing strategy to meet your efficiency goals. Parties to the contracts want to mitigate dramatic price increases, and the contracts need to address this and provide workable solutions.  There is a need for customized contracts to avoid undue penalties which can cripple the commercial viability of a project.  Energy contracts must allow for flexibility, and the contracts must reflect this and have a robust basis for meeting stakeholders’ requirements.

Objectives

By the end of this GLOMACS training course, participants will be able to:

  • Understand the global energy market and the structure of energy contracts
  • Assess risks in the energy industry and know how to minimize those risks
  • Examine and analyze the different energy contracts both upstream and downstream
  • Assess critical issues faced during contract lifecycle and know how to negotiate appropriate contractual clauses
  • Avoiding pitfalls in contract negotiations and ambiguous contractual terms

Training Methodology

This GLOMACS Contracts Management training course will utilize a variety of proven interactive learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes exercises designed to improve the understanding of the core energy contracts, improve their skill sets to negotiate better energy contracts through an interactive session with case studies, discussion groups and scenario building.

Organisational Impact

The organization will benefit by:

  • Having a workforce who will be fully conversant with the different types of energy contracts that are used
  • Being able to anticipate and deal with issues and ramifications pertinent to energy contracts
  • Preventing expensive mistake from arising due to lack of familiarity with these types of contracts
  • Senior management knowing the contractual options available and how to structure the contracts accordingly
  • Analyzing and strategizing on the best approach to negotiating and managing energy contracts

Personal Impact

This GLOMACS training course teaches the competencies that enable the attendees to:

  • Strategize and appreciate the company’s current risk profile relating to their energy contracts
  • Have the ability to formulate a targeted approach to contracting
  • Learn what are the customize solutions and also determine the best pricing strategy to meet the company’s goals
  • Mitigate dramatic price increases in energy contracts and to come up with workable solutions
  • Customize contracts to avoid undue penalties which can cripple the commercial viability of a project

Who should Attend?

This GLOMACS training course is suitable for a wide range of energy industry professionals but will greatly benefit:

  • Contracts Professionals
  • Commercial Managers & Professionals
  • Project Managers
  • Procurement Supply Chain Professionals
  • Risk Manager / Contract Risk Professionals
  • Financial Professionals in the Energy Industry
Course Outline
Day 1

Introduction to Energy Contracts

  • Energy Laws, Policy, Business Ethics
  • Renewable Energy Issues
  • Petroleum Policy & Economics
  • Environmental Issues
  • Human, Socio-economic and Cultural Impacts
Day 2

Specific Energy Contracts Examined

  • Gas Sale Agreement (GSA)
  • LNG Sale and Purchase Agreement (SPA)
  • Time Charter Party Agreement
  • Terminal Use Agreement
  • Decommissioning
Day 3

Specific Upstream Energy Agreements

  • Oil and Gas Concessions
  • Production Sharing Contracts
  • Service Contracts
  • Joint Operating Agreements (Joint ventures)
Day 4

Risk-Based Contracting – EPC, EPCM, and Alliance Contracts

  • Essential Features of an EPC, EPCM, Alliance Contracts
  • Key Oil and Gas Specific Clauses
  • Key Performance Clauses
  • Liquidated Damages
  • Risk Allocation & Risk Assessment
Day 5

Structure of Transportation & Power Purchase Agreements

  • Gas Sales Agreements
  • Power Purchase Agreements
  • Transportation Agreements
  • Take or Pay Agreements
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

NASBA

In Association With

Options & Brochure
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What Our Clients Say

Excellent the EPC / EPCM was well covered.

- KAWU Abubakar
Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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