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VAT on Virtual and Online Programmes

VAT is applicable on virtual programmes to delegates attending from the UK*. If participating from the EU, a valid VAT number is required to ensure VAT will not be charged under the reverse charge mechanism. VAT is not applicable to attendees from all other countries.
*For virtual courses ran through our Asia office, VAT may be applicable to HK and Singapore residents only. Find out more by contacting


Claiming Back Your VAT

All attendees of a London based course incur VAT as a part of the cost of attendance.

Euromoney Learning have partnered with VAT IT to allow you the unique opportunity to recoup the VAT incurred.

Using VAT IT's extensive experience and simple sign-up and refund process, every invoice can be turned into cash for your business.

Claim the VAT that's rightfully yours in four simple steps:

1. Register your interest

2. Sign a few simple documents

3. VAT IT processes your claim

4. Receive your refund

Why choose VAT IT 

VAT IT have spent two decades identifying, researching and perfecting the foreign VAT Reclaim process and built the best back end technology in the industry. By partnering with Euromoney Learning, we can provide you with a fast and effective way to reclaim your VAT which helps reduce the cost of your training.

VAT IT will charge a percentage of the VAT refund if/when it is successful. 

Can I claim back the VAT myself?

You can claim back VAT directly from the UK Tax Authority (HMRC) by completing the following form. 
For European clients, please refer to form VAT 65
All other clients, please refer to form VAT 65A.


You may also be able to claim back your VAT against courses taking place outside of the UK, and we would recommend contacting VAT IT, our specialist partner, to discuss how to do this.

Oil & Gas Agreements School

Get a wealth of experience in the legal & commercial issues in oil & gas
  • The complexity of the oil and gas industries frequently results in projects being undertaken by joint ventures, alliances and other strategic groupings. Forming a successful alliance, whatever its format, is a complex process requiring a high degree of experience and expertise.=

    At this school Dennis Stickley, an international legal expert in petroleum law , will discuss with participants why parties come together in a cooperative endeavour to undertake a phase of a project, the legal forms they might use in so doing, the relationships created by the forms and the principle legal and commercial issues that affect those relationships.


    The school will prove invaluable to CEOs, COOs and CFOs engaged in major new, ongoing and potential ventures in the oil and gas sector, and also to their internal and external legal advisers.


    How this course will help you?

    The course will cover:
    • The contract matrix in the oil & gas industry
    • Key agreements and examples of those agreements
    • The relationship matrix from a contractual and a corporate perspective
    • The legal principles that shadow relationships
    • Specific issues affecting relationships


    A good level of spoken and written English is required to attend this course. Delegates should be of an intermediate standard in English at a minimum. Please refer to the Common European Framework of Reference for Languages - as a guide the level required is B2. 

  • ""Day One

    Fundamentals of International Petroleum Contracts
    • Petroleum Industry’s Business Model
    • Role of Contracts in the Hydrocarbon Chain
    • Contracting Parties
    • Industry Risk & Uncertainty
    • Substitutes for Performance & Liability
    • Contract Stability & Adjustments
    • Administrative Contracts
    • Governing Law
    • Natural Gas Terms
    • Force Majeure
    Exercise: How to Analyse a Contract
    • Commercial, Technical, Liability, Administrative
    • Conditions, Covenants & Warranties

    Economics, Finance & Insurance
    • Spreadsheet Analysis
    • Evaluation of Fiscal Systems
    • Reserve Based Financing
    • Financial Instruments
    • Insurance
    Exercise: Commercial “Yardsticks’
    • Internal Rate of Return
    • Pay-out Period
    • Addition of Reserves

    Day Two

    Granting Instruments
    • Leases, Licences, Production Sharing. Risk-Service
    • Fractional Interests, Working, Carried, Revenue, Carve-Outs
    • Farm-in / Farm-out Agreements
    • Enhanced Production Agreements
    • Transfer of Late-life Assets
    • Acquisitions
    • Assignment of Interest
    • Share Transfers & Change of Control
    Exercise: Due Diligence in Share Transfer
    • Right of First Refusal
    • Consents & Approvals
    • Post-closing Adjustments

    Day Three

    Operating Agreements
    • Stages & Operations
    • Joint Ventures
    • Management of Operations
    • Role of National Oil Company
    • Drilling Contracts
    • Service & Supply Contracts
    • Engineering, Procurement, Installation & Commissioning
    • Lifting & Balancing
    • O&M Contracts
    • Unit Operations
    • Abandonment & Removal
    Exercise: Default on Joint Venture Cash Call
    • Management Committee
    • Impact on Defaulting Party

    Accounting & Auditing
    • Accounting Procedures
    • Right to Audit
    Exercise: Audit of JV Operator
    • Audit Procedure
    • Materiality & Exceptions

    Day Four

    Storage, Processing & Transportation
    • Crude Oil Storage & Lifting Agreements
    • Quality Banks
    • Stand-alone Processing Facilities
    • Gas Transportation Agreements
    • Balancing Obligations
    • Nomination & Scheduling
    • LNG Shipping Agreements
    • Floating Storage & Regasification
    • Multi-User LNG Terminals
    Exercise: Third Party Access
    • Access Regime
    • Access Agreement

    Day Five

    Sales & Marketing
    • Sales of Goods Law
    • Selling Agents
    • Delivery
    • Quality Specifications
    • Measurement & Testing
    • Crude Sales
    • Natural Gas Sales & Purchase Agreement
    • LNG: Long-term, Master Sales, Spot Cargo
    Exercise: Pricing
    • Crude Oil
    • Natural Gas
    • LNG

    Dispute Resolution
    • Sources of Disputes
    • Alternative Dispute Resolution
    • Forum & Rules
    • Sovereign Immunity
    Exercise: Post-Award Considerations
    • Collateral Attacks
    • Enforcement of Awards


  • Our Tailored Learning Offering

    Do you have five or more people interested in attending this course? Do you want to tailor it to meet your company’s exact requirements? If you’d like to do either of these, we can bring this course to your company’s office. You could even save up to 50% on the cost of sending delegates to a public course and dramatically increase your ROI.

    If you want to run this course at a location convenient to you or if you want a completely customised learning solution, we can help.

    We produce learning solutions that are completely unique to your business. We’ll guide you through the whole process, from the initial consultancy to evaluating the success of the full learning experience. Our learning specialists ensure you get the maximum return on your training investment.

  • We have a combined experience of over 60 years providing learning solutions to the world’s major organisations and are privileged to have contributed to their success. We view our clients as partners and focus on understanding the needs of each organisation we work with to tailor learning solutions to specific requirements.

    We are proud of our record of customer satisfaction. Here is why you should choose us to help you achieve your goals and accelerate your career:

    • Quality – our clients consistently rate our performance ‘excellent’ or ‘outstanding’. Our average overall score awarded to us by our clients is nine out of ten.
    • Track record – 10/10 of the world’s largest banks have chosen us as there training provider and we have delivered training across the largest banks and have trained over 25,000 professionals.
    • Knowledge – our 100+ strong team of industry specialist trainers are world leading financial leaders and commentators, ensuring our knowledge base is second to none.
    • Reliability – if we promise it, we deliver it. We have delivered over 25,000 events both in person and online, using simultaneous translation to delegates from over 99 countries.
    • Recognition – we are accredited by the British Accreditation Council and the CPD Certification Service. In an independent review by Feefo we scored 4.2/5 on service and 4.7/5 on Coursecheck
This course can be run as an In-house or Tailored Learning programme


  • Dennis Stickley


    Dennis is an international legal expert in petroleum law who is based in United Kingdom. He is a qualified lawyer in the United States as well as UK and New Zealand and has been listed in the Guide to the World’s Leading Energy and Natural Resources Lawyers. He has received the degrees of Juris Doctor from the University of Wyoming and LLM-Energy Law from the University of Utah.In his thirty years of practice, Dennis has been the chief legal officer for Sinclair Oil Corporation in the US, and the Petroleum Exploration Corporation of New Zealand. He has also worked as an adviser on law and negotiations regarding petroleum resource development, pipeline transportation and fuel purchase contracts to Petrobangla, PetroVietnam, Kazmunigaz, Cambodian Petroleum Authority, Perusahaan Gas Negara (Persero), Gas Authority of India, Papua New Guinea Department of Mines and Petroleum, Philippines National Power Corporation and the Sri Lanka Petroleum Resources Development Secretariat.Dennis has also been a consultant to the Asian Development Bank, The World Bank and the European Investment Bank on petroleum sector policy, project financing for oil and gas development and crossborder gas trade all over the world. He was the legal adviser to four West African governments for the West African Gas Pipeline Project and was appointed as an adviser by the US State Department and Department of Commerce on gas pipeline projects in Azerbaijan and Bangladesh. He is a Member of the Global Faculty for the Centre for Energy, Petroleum & Mineral Law & Policy at the University of Dundee. He is the course author of International Comparative Petroleum Law and has published A Framework for Negotiating and Documenting International Petroleum Transactions and A Framework for Negotiating and Managing Gas Industry Contracts.Dennis' research in the field of petroleum law has been published in the Land and Water Law Review, Tulsa Law Journal and Journal of Comparative and International Law. He is a Distinguished Visiting Professor on Insurance Law and Oil & Gas Law at the University of Wyoming.



The course will take place at a Central London hotel.

The map attached details some of our most frequently used venues

If you need help booking accommodation for your visit, please contact and one of our partners will help you get the best rate possible.