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Audio version brochure
CPD400-3
3 Week Advanced Training Workshop on

Petroleum Drilling Contracts Understanding, Administering & Resolving Disputes

Building Advanced Skills & Competencies in

  1. Understanding the Drilling Contract Conditions
  2. Ensuring Meeting Objectives through Responsive Contract Administration
  3. Documenting & Rapidly Resolving Disagreements to Mitigate Impact
  4. Benchmarked to IADC, API and other Industry Standard Contracts
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3 week Advanced Training Workshop

3rd Monday of Month
GLOBAL ONLINE



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What is Covered in this Program

  1. Petroleum Field Owners and Operators often offer Drilling Contracts to Drilling contractors with specified Equipment and Expertise. These contracts may be on Daywork Basis or Footage Contracts, and sometimes Turnkey Contracts or a mix of them. Drilling Contracts define the rights and responsibilities of the parties. The contracts mention situations, under which the contractor will be entitled to reimbursement of his losses or recoverable costs. These situations need to be administered carefully to prevent unrecoverable costs being charged by the Drilling Contractor.
  2. The operator or field owner provides information and data on the site, permits, access to site, some materials as mentioned in contract, and, expected and maximum depths to be drilled. Drilling Contractors are expected to have the required professional expertise and judgement, perform diligently and to good professional standards. Safety and Accident Incidents are recorded and documented. Major Risks are often covered by Insurance. Blowout is usually the responsibility of the Operator. Responsibility for Lost circulation and any redrilling requirements depends on specific circumstances, Supervisory Control and Contract.

This Advanced Workshop will provide the participant a detailed understanding of the Contractual and management aspects of each of the above-mentioned processes and events.

  1. In this program detailed discussion of Drilling contracts management will cover provisions and issues related to: (1) The Drilling & Related Services to be provided, (2) Standards of Workmanship, (3) Recommendations and Interpretations, (4) Control of the Services, Data, Drawings and Documents, (5) Permits and Approvals, (6) Laws and Regulations, (7) Registration; (8) Offshore Transportation, (9) Contractor Provided Items, (10) Company Provided Items (11) Variations. (12) Safety & the Environmental Responsibilities; (13) Compensation, Invoices, Payment, (14) Disputes; (15) Indemnifications including in case of: Loss of Down-Hole Equipment, Loss of or Damage to Hole, Blow Out or Crater, Reservoir Damage, Pollution, Treatment of Consequential Damages, (16) Taxes And Duties (17) Observance of Local Laws and related Indemnification (18) Assignment & Subcontracting (19) Patents, Copyrights And Technology. (20) Publicity. (21) Audit. (22) Commissions or Fees. (23) Payment to Subcontractors. (24) Termination. (25) Governing Law. (26) Arbitration for Dispute Resolution. (27) Notices. (28) Scope of Services. (29) Equipment and Personnel Technical Specifications. (30) Compensation Commercial Specifications. (31) Safety. (32) Occupational Health & Environmental (33) Standards & Specifications (34) Subcontracting. (35) Limits of Liabilities of the parties. (36) Insurance Requirements, (37) Subcontracting. (38) Contract Term, Termination, Extension; and so on.
  2. This Advanced Workshop will also discuss Special terms for foreign Contractors : (1) Income, Profits, and Capital Gains Taxes; (2) Personnel and Property Taxes, (3) Withholding Tax, (4) Value Added Tax. (5) Import Duties. (6) Importation and Exportation of Equipment (7) Excise, Sales or Use Taxes. (8) Contractor Status in Country. (9) Observance of Local Laws and Indemnification, (10) Provision of Information. (11) Double Taxation Agreement. (12) Force Majeure. (13) Notice. (14) Termination. (15) Contractor's Personnel Qualifications & other requirements.

For each of these conditions mentioned above we will discuss: (1) What are the requirements, (2) What are the possible risks, (3) What Contract Administration is required, including when risks materialize, (4) What mitigations are possible to minimize impact on the Drilling works, (5) What Requests for Reimbursement and Claims may arise from either side, (6) How to document your Position, and (7) Strategies for arguing and Win-Win resolving any disputes or disagreements that may arise.

Who Should Attend


  1. All Petroleum Drilling Professionals, Contract Administrators, Project Managers, Consultants, Coordinating Executive Managers and IT Data Analysts seeking Domain Knowledge for developing Drilling Data Analytics and Decision Support Systems.
  2. This Advanced Workshop will also benefit Drilling Project Operational Auditors, Finance Staff and Drilling Planning Professionals.
  3. Program Content & Modules

  4. Whatsapp: USA +15512411304 or UK +447424964861
  5. Email: cpd400@EuroTraining.com

3 week Advanced Training Workshop

Enhance your Understanding, Job Skills, Competencies & Process Knowledge

Ai Knowledge Systems has been providing
  1. Knowhow and Technology Transfer to the Participants.
  2. Building Job Oriented Understanding, Competencies & Process Knowledge.
  3. Domain Multi-discipline understanding that Improves Performance, Credibility and Respect
  4. Competencies that Enable Superior Performance, Promotion, Career Advancement and Respect among Peers
This 3 week Advanced Training Participant Takeaways
  1. A-Z Knowhow and Step-by-Step Process Knowledge
  2. A Customized Detailed Action Plan to apply the Program Knowledge to Work.
    The detailed Action Plan and Implementation Plans you prepare and take away after the program will help you take improvement initiatives and make a positive difference in your job, team, business unit or organization.
    This difference after implementation and when added to your resume will make you a prime candidate for career advancement in your own organization or in your next job/s.

Benefits for Organization Sponsoring Participants

(Made possible by Euro Training's unique, multidiscipline, customer focused, strategic focused, knowledge management, Data Analytics approach)

Participant Career & Life Benefits

  1. Job Satisfaction that will come when satisfying your customers
  2. Respect that will come when you are Recognized by your Peers
  3. Promotion that will come from your Better Job Performance, Making Improvements and Convincing Performance Review Handling
  4. Career Advancement that will come from your increased Employability through Convincing Competency Display in Resume and Interviews, Improvement Ideas, and Implemented Improvements

Registration Form

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Registration Information
3 Week Advanced Training Program

  1. To register: Please send us an official letter confirming registration (on organizational letterhead or company email). Also send us a completed registration form electronically fillable at Program Site and downloadable as MSWord document by Clicking https://www.eurotraining.com/etl-reg-3w.doc You can request or registration form by Emailing regn@eurotraining.com and eurotraining@gmail.com
  2. For Program Fee Information Email: fees@eurotraining.com Fees are Payable by Bank Transfer only. Fee information is also available at: https://www.eurotraining.com/fees.php .
  3. Online Instructor Lead Program Fee is 3 week (110 hrs) USD $6,250 per participant.
    • and includes Course Materials & Certificate.
    Fee includes 1 year Free Access to Program Related Ai System.
  4. Special discount of 10% is offered for participants who pay their fees at least 45 days before start of the program.
  5. Refund will not be considered where the participant cancels his registration less than 3 weeks before start of the program. Alternate nominations may be allowed atleast 2 weeks before program start. In case of exceptional hardship or emergency participant may be allowed to attend at another location on payment of additional 10% of the Fee.
  6. All participants are required to fill in Participant Information Form and a Program Induction Form - on first day of the program. Each program may Undergoe Customization to Better Meet Participant Groups Present and Future Career Needs. Please be prepared to let the Instructor/s know about your organization's Special Needs, Interests or Initiatives.
  7. It is always useful for participants to bring their existing problems or case studies, work-process flow charts or job related problems for discussion - consideration will be at sole discretion of the program director/s.
  8. Provisional Registration : You can make a provisional registration request by sending us an email from an official Email Account. On our confirmation we will reserve a seat for you for 14 days. Within 14 days of our confirmation please send us an official registration request. Provisional registration is automatically cancelled at the earlier of (1) 2 weeks after Provisional Registration is Confirmated by us and your fail to reconfirm your attendence. (2) Two weeks before start of the program. We do request you to inform us ASAP you have decided either way. Please note All provisional registrations automatically cancel 2 weeks before program start unless confirmed.
  9. Information required for Provisional Registration: Program Title, Location, Dates, Your Organization Name, Your Email Address, your Mobile Number.
Euro Training Training Programs, Workshops and Professional Certifications

Euro Training Instructor Lead Online Training
3 Week Advanced Programs Home Page

Each program participant will get 1 year free individual license access to a Program Domain Specific AI System to Answer his job related queries