About The Trainer. About The Organizer

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1 Masterclass A : Oil and Gas Contract Financing 2-4 November 2015, Turkmenistan November 2015, Kuala Lumpur EARLY BIRD PACKAGE Register & Pay by 21 September 2015 to save up to SGD 500!! Masterclass B : Oil and Gas Insurance Contracts 5-6 November 2015, Turkmenistan November 2015, Kuala Lumpur About The Trainer Dr S N Ebrahimi(LLB 1990, Iran: LLM 1994, UK: PhD.1998, UK, is the Associate Professor of International Law and Ex-Member of the Board, Legal & Contractual Director of PEDEC and Chief Negotiator of International Petroleum Contracts, NIOC. He is an outstanding negotiator in international oil & gas contracts; Attorney at Law and Legal Advisor on International Contractors and Claims particularly Oil and Gas; member of Chartered Institute of Arbitrators, UK; Legal Advisor to Bureau of International and Legal Services (B.I.L.S) dealing with Iran-US Tribunal claims ( ), the Hague-Tehran; Member of British Institution on International Law, UK; Member of International Bar Association, UK; Member of International Family Law Institution, the Hague, Netherlands. He has written books in Farsi (Private International Law (Introduction, Nationality, Domicile, Status of Aliens and Refuges, Extradition and Foreign Investment in Iran) and English. (Mandatory Rules and Other Party Autonomy Limitations in International Contractual Obligations, with Particular Reference to the Rome Convention, 1980) and so many articles in international contractual obligations; private international law; international commercial arbitration; Iran s oil Buy-Back Contracts; Insurance in developing oil and gas industry; product liability and consumer protection. For so many years he has been a member of the Board of Petroleum Engineering and Development Company, Director of Legal and Contractual Affairs, Petroleum Engineering and Development Company and Member of the Commission for the Transactions/Call for Tenders, PEDEC/NIOC. He has also been a member of the Joint Management Committees of so many oil and gas projects such as S&N Project with Shell; Sirry E&A Project with TOTAL; Balal Project with ELF Petroleum Iran (TOTAL) and Bow Valley Energy Ltd of Canada; Dorood Project with TOTAL and ELF of France; Salman Project with PETROIRAN & NICO; F&E Project with PETROIRAN & NICO; South Azadegan Project with INPEX and JAPEX of Japan. About The Organizer T.U.N International was formed with the objective of truly understanding the needs of each individual organization s training requirements. Our strength lies in our ability to listen to our clients, understand their unique business issues and assisting them to deliver the appropriate training solution based on the business challenges in the current market situation. Our vision is to be the No. 1 preferred training provider for all corporate companies by providing an innovative approach to your training requirements. We facilitate a training solution that is not only cost effective, but tailored to yield maximum benefits. We deeply value our working relationship with our clients and constantly dedicate ourselves to exceed your expectations of us. Besides customizing in-house training solutions for corporate companies, we also offer public courses and conferences in various industries.

2 Masterclass A: Oil and Gas Contract Financing 2-4 November 2015, Turkmenistan l November 2015, Kuala Lumpur Course Summary The aim of this Course is to study Oil and Gas Contract Financing. This Course will enable delegates to: Outline the challenges and opportunities in raising finance for major international oil and gas projects. Highlight varieties of Project Financing & Investment Agreement/Contract in O&G Projects (Buy- Back, BOT, PPP, JV, EPCF etc.) Analyse risks and prospects covering the international upstream, midstream and downstream oil and gas industry. Determine the various classifications of costs and expenses namely Capex, Non-Capex, Opex, Petroleum Costs, Bank Charges, Costs of Money. Provide practical advice and expert professional services in raising capital, mitigating risks and securing insurance. Deal with various oil and gas financial arrangements, particularly the project financing Key Benefits of Attending This Course The key benefit of attending this course is to: Acquire comprehensive knowledge of the key financial management systems used in the oil and gas sector Acquire ability to effectively manage TEFCEL risks of the oil and gas financing including liquidity risk, credit risk and market risk Understand the mechanics of upstream and downstream oil and gas finance Develop the ability to perform effective scenario planning and financial modelling Understand the complexities of upstream and downstream finances Have an understanding of growing trends and current challenges in the financing of Oil and Gas projects Who Should Attend 1. Managers/CEO/Directors 2. Industry Lawyers 3. Project developers 4. Project sponsors 5. Finance Experts 6. Oil and gas projects advisers 7. Commercial Experts 8. Oil and gas bankers 9. Oil and gas credit agencies 10. Contract Managers 11. Insurance Experts 12. Oil and gas investors

3 Course Outline Masterclass A: Oil and Gas Contract Financing 2-4 November 2015, Turkmenistan l November 2015, Kuala Lumpur Day 1 Terminology and Expressions in Financing & Investment Agreement/Contract Structure of the International petroleum industry Recent trends in Oil and Gas Finance Upstream & Downstream oil and gas financing TEFCEL analysis of risks for oil and gas finance (identifying, analysing and explaining Technical, Technological, Economic, Financial, Fiscal, Commercial, Contractual, Environmental and Legal risks) Day 2 Oil and Gas projects cash flow volatility Sources of finance for projects, impact of the global credit crisis on debt and equity funding Different risk/reward objectives of sponsors & lenders and financier and contractor Structural and Price drivers in oil and gas lending Insurance requirements for financed onshore and offshore oil, gas and petrochemical projects and strategic risk management in project finance Fiscal and Financial arrangements in the oil and gas upstream projects Negotiating and documenting the off-take agreement in connection with the oil and ga finances Day 3 Types of Financing & Investment Agreement/ Contract Legal & Contractual Foundations for Project Financing & Investment Contracts Legal & Contractual Rights and Duties/Obligations of Company, Contractor and Financiers/Investors in Project Financing & Investment Agreement/Contract Varieties of Project Financing & Investment Agreement/Contract in O&G Projects (Buy- Back, BOT, PPP, JV, EPCF etc.) Various classifications of costs and expenses namely Capex, Non-Capex, Opex, Petroleum Costs, Bank Charges, Costs of Money. Other Main Terms and Conditions in The Project Financing & Investment Agreement/ Contract

4 Masterclass B :Oil and Gas Insurance Contracts 5-6 November 2015, Turkmenistan l November 2015, Kuala Lumpur Course Summary The aim of this Course is to study Oil and Gas Insurance Contract. This Course will enable delegates to: Introduce the fundamental principles of oil and gas insurance, such as insurable interest, indemnity, subrogation Provide an overview of the types of insurance relevant to the oil and gas projects Deal with the Knock for knock indemnity provisions and additional insured provisions envisaged in the oil and gas contracts, since in many knock for knock indemnity agreements employed throughout the oil and gas market, additional insurance coverage is often tied to the indemnity obligations assumed under the contract. Determine key contractual risk allocation and insurance issues that affect both the offshore and onshore petroleum industry This course will help attendees to learn on how to plan, prepare and manage difficult insurance packages of the Oil and Gas upstream and downstream projects This Course will drew a distinctive line between Liability and Insurance and their implications in the petroleum industry This Course will give a philosophical backgrounds of various insurance principles and different players in the petroleum insurance industry Key Benefits of Attending This Course The key benefit of attending this course is to: Gain an understanding of the basics of both downstream and upstream Oil and Gas insurance and the underlying risks Identify the types of risks written in the market, and to understand how the use of insurance is considered as an integral part for the effective risk management Understand how risk are placed and underwritten Understand petroleum insurance risks and the related terminology and expressions used Gain an overview of the principles of insurance and reinsurance. Develop an understanding of petroleum insurance and the different types of risk involved in the oil and gas sector. Gain an understanding of oil and gas insurance policy wordings. Negotiate and draft oil and gas insurance contracts Learn the differentiation between an operator and contractor s risk allocation perspective Who Should Attend 1. Operators 2. Drilling contractors/ Workovers/ Well loggers 3. Service contractors 4. Pipeline contractors 5. Managers/CEO/Directors 6. Technical Experts 7. Finance Experts 8. Commercial Experts 9. Project Managers 10. Contract Managers 11. Insurance Experts 12. In-house counsel 13. Risk and claims managers 14. Insurance professionals 15. Investment bankers 16. Underwriters and brokers 17. Commercial professionals involved in oil & gas contract negotiations 18. Petroleum engineers looking for knowledge of legal operations

5 Masterclass B :Oil and Gas Insurance Contracts 5-6 November 2015, Turkmenistan l November 2015, Kuala Lumpur DAY 1 DAY 2 Oil and gas insurance terminologies & expressions Background and evolution of insurance, exploring risk factors and why we use insurance in Offshore & Onshore petroleum industry Offshore projects (Upstream), EPC, fabrication, installation, testing/commissioning and HO. Onshore Projects (Upstream/Downstream), e.g. EPC Identify and explain the types of TEFCEL risks that can be insured against and how to place such risks: Process and cost of developing oil and gas risk management project from start to completion. Key risks within the offshore petroleum industry and the insurance available to cover such risks. Key risks within the onshore energy industry and the insurance available to cover such risks. Key risks involved in reserve, drilling, platforms and fixtures, pipeline, Key risks involved in EPC Distinction between an operator and a contractor s risk allocation perspective Different parties & syndicates in the petroleum insurance and reinsurance contracts Understand the role of a brokers, underwriters and insurance companies and their responsibilities Parties/Syndicate of underwriters, insurance companies and brokers Different elements of insurance & reinsurance Importance of an insurance contract and insurance principles, e.g. Insurable interest and why & when insurable interest commonly arises in various classes of petroleum insurance Utmost good faith, Indemnity, An overview of contractual indemnity provisions and insuring obligations Relationship between indemnity and insurance provisions Potential conflict between indemnity and insuring obligations Subrogation, Contribution, Average in relation to an insurance policy. Proximate cause and the chain of events leading to a loss. Liability v. Insurance Different liability components with regard to compulsory insurance and statutory regulation Levels of liabilities, Consequences and Compensation Key elements that cause liability claims and how to handle them. Importance of an insurance policy wording and what constitutes a valid, invalid or partially met claim Various Services in Petroleum Insurance Industry: ESHIA Services Risks Management Services Underwriting Services Claim Services Risk Control Services Loss Quantification & Loss Adjustment Various types of insurance in oil and gas industry Physical and Material Damage Seepage and Pollution General Third Party Liability Operators Extra Expense (OEE) Insurance of Power Plants Environmental Damage Insurance Specialised Marine Cargo Insurance Construction and Erection All Risk Other Exploration and Production Risk Commercial General Liability Underground resource and equipment liability Inland marine and property coverage Employers, workers and Public Liability Insurance Employers liability Workers Compensation Public liability Products liability Property Insurance Professional Indemnity Insurance Professional Liability Plan (PLP) Umbrella/Excess Liability Errors and Omissions Business interruption/production Loss coverage

6 Redhill Forum, 16 Jalan Kilang Timor #03-07, Singapore Fax: % OFF GROUP OF 3 OR MORE EARLY BIRD TEAM DISCOUNT!!! 7% OFF GROUP OF 5 OR MORE 10% OFF GROUP OF 7 OR MORE RESERVE A SPACE NOW! Yes! I/We Will attend Masterclass A : Oil and Gas Contract Financing 2-4 November 2015, Turkmenistan November 2015, Kuala Lumpur Masterclass B : Oil and Gas Insurance Contracts 5-6 November 2015, Turkmenistan November 2015, Kuala Lumpur I would like to purchase the course documentation at sgd 500 per set. Delegate 1 Delegate 3 Delegate 2 Delegate 4 For Group of more than 4 attendees, kindly photocopy this to add on Company Details Company InvoicingPerson : Address: Fax: 4 EASY WAYS TO REGISTER Phone : Fax : najib@tun.sg Online : VENUE & ACCOMODATION YYLDYZ Hotel Turkmenistan, Ashgabat, Str. 2002/5 17 Bagtyyarlyk Concorde Hotel Kuala Lumpur - Gallery 4 2 Jalan Sultan Ismail, Kuala Lumpur Payment Methods Cheque/Bank Draft Made Payable To: T.U.N INTERNATIONAL Redhill Forum, 16 Jalan Kilang Timor, #03-07Singapore Bank Transfer Account Name : T.U.N INTERNATIONAL Bank Name : OCBC Bank Account No : Bank No : 7339 Branch Code : 569 Swift Code : OCBCSGSG Bank Address : 65 Chulia Street, OCBC Centre, Singapore *Please Quote Ref OGCF15 and Invoice No. Hotel accommodation & travel costs are not included in the registration fee. A reduced corporate room rate has been arranged at the hotel for attendees at this conference. To take advantage of this special rate, please process the hotel room reservation form provided upon confirmation of your attendance. Packages - FEE PER DELEGATE (Please tick accordingly) FEE PER DELEGATE EARLY BIRD STANDARD RATE Masterclass A + MasterClass B Masterclass A : Oil and Gas Contract Financing Masterclass B : Oil and Gas Insurance Contracts ( Register and pay by 21 September 2015) SGD 5,099 ( Save $500 ) SGD 3,699 ( Save $400 ) SGD 2,499 ( Save $400 ) SGD 5,599 SGD 4,099 SGD 2,899 Above fees exclude any withholding taxes Above fee includes refreshments, lunches & course materials 3.5% processing fee will be imposed by Paypal for any credit card payment Any late payment will be subjected to a 5% late payment fee if the full payment is not received before the commencement date of the course. Payment Policy Full payment of course fee to be received by the stipulated date of training, failing which T.U.N INTERNATIONAL will exercise the right to refuse entry to the delegate. Any late payment will be subjected to a 5% late payment fee if the full payment is not received before the commencement date of the course. Program Change Policy T.U.N INTERNATIONAL reserves the right to replace or modify the advertised speakers/topics should there be circumstances beyond the control of the organizers before the event. Any changes will be updated on our website as soon as possible. Cancellations If you are unable to attend the training course for which you have registered, you may send a substitute free of charge. If you cannot send a substitute or otherwise need to cancel your class registration, please provide written notice to us via at admin@tun.sg. Cancellation requests received by T.U.N INTERNATIONAL seven (7) days or more prior to the course start date will receive full credit for use in another future course with no time limit. Credit is not available for cancellation requests received by T.U.N INTERNATIONAL seven (7) or fewer days before the course start date. T.U.N INTERNATIONAL reserves the right to alter or change any part of the course. In the event T.U.N INTERNATIONAL cancel a course due to inclement weather, or other events beyond our control, the fees will be credited to a future seminar of the registrants choice. Upon registration, the registrant acknowledges that T.U.N INTERNA- TIONAL will not be held liable for any charges or fees incurred due to the cancellation of travel or accommodation reservations. T.U.N INTERNATIONAL - BIZ REGISTRATION NO J