Course Description
Curriculum
1 Introduction
2 MODULE 1: JV Overview
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Overview
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Why Companies enter JVs
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What is the JOA in the Oil & Gas Industry?
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Types of JV Contracts
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Joint Operating Agreements
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What is the Nature & Functions of a JOA?
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Difference between a JV & a Partnership
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The role of a JV in the Oil &Gas industry
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Government Approval
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Purpose and Scope - Participating Interests
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State Participation Agreements
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Government Participation
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Common JV Pitfalls to be Avoided
3 MODULE 2: Pre-JV Arrangements
4 MODULE 3: Joint Operating Agreements (JOA)
5 Module 4: Partner Selection
6 MODULE 5: Communicating in JVs
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Communication Tips and Mistakes to Avoid
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How to Reach Consensus in a Timely Fashion
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Practical Ideas on How to Influence Operators
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Conflicts Due to Corporate Misalignment
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Examples & Ideas as to How to Prevent Consequences from Conflicts
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Typical JOA Options for Exiting a JV
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Consequences of Withdrawing from JOA
7 Conclusion
Instructor
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