Legal Risk and Arbitration in Energy Contracts Specialist (LRAECS)® - International Board of Oil & Gas Professionals

• Competence in handling cross-border legal risks in upstream and LNG transactions • Expertise in investor-state dispute resolution (ISDS) frameworks • Practical knowledge of international arbitration protocols and case law • Legal foresight to strengthen negotiations and contractual resilience

• Identify, assess, and mitigate legal risks in oil & gas agreements • Interpret upstream agreements, including PSCs, JOAs, LNG supply contracts, and farm-in/farm-out deals • Structure joint ventures and host government agreements (HGAs) for enforceability • Navigate arbitration under ICC, ICSID, and UNCITRAL frameworks • Analyze case law and arbitral precedents in upstream energy disputes • Apply force majeure, stabilization, and indemnity clauses to reduce exposure • Manage investor-state and contractual dispute resolution pathways

• Apply key legal instruments and clauses in upstream energy contracts • Evaluate risk allocation mechanisms and liability provisions in energy transactions • Apply best practices in dispute prevention and escalation • Gain familiarity with arbitration and mediation processes specific to oil & gas • Learn the anatomy of ISDS claims and international enforcement mechanisms • Analyze past arbitration cases for lessons learned and precedential value • Incorporate ESG and compliance clauses in international contracts

• Structure and Interpretation of Upstream Oil & Gas Contracts • Joint Ventures, LNG Supply, and Host Government Agreements • Legal Risk Identification, Mitigation, and Compliance • International Arbitration Rules (ICSID, ICC, UNCITRAL, LCIA) • Investor-State Dispute Settlement (ISDS) Frameworks • Case Law in Energy Arbitration and Legal Precedents • Force Majeure, Stabilization, and Political Risk Clauses • Drafting for Resilience and Cross-border Enforceability

• Validates global legal and arbitration proficiency specific to oil & gas • Prepares you to handle high-value disputes and mitigate commercial risks • Enhances your credibility in negotiations and contract structuring • Strengthens your international legal career mobility • Adds value to companies involved in joint ventures, LNG trade, or host-country operations • Membership in the IBOGP® Legal Risk & Arbitration Professional Network

• 1. Online legal masterclasses and simulation-based learning • 2. Real-world contract samples and dispute case studies • 3. Access to ICSID, ICC, and LCIA arbitration rulebooks • 4. Clause analysis labs and legal drafting workshops • 5. Legal risk diagnostic checklists and compliance toolkits

• Format: 100 multiple-choice and scenario-based case questions • Duration: 90 Minutes (remote proctored) • Passing Score: 70% • Language: English • Validity: 3 years (renewable via CPD or re-certification)