AUSTRALIA

Training courses target Mid-East and Asian opportunities

INTERNATIONAL corporate-legal and commercial ventures company, Hugh Fraser International (HFI) is...

The first course - Doing Business in the United Arab Emirates (UAE) - will run on Thursday, April 10, the day after APPEA 2008 concludes.

The UAE sits on the world's fifth-largest oil reserves and fourth-largest gas reserves. Proven oil reserves alone are expected to last for another 150 years but, like most oil-producing countries, the UAE wants to diversify to ease its reliance on oil.

This course provides an outline of the key energy and water opportunities in the UAE, and will provide an understanding of the key legal and commercial issues involved in establishing a business in the UAE.

You will obtain critical insight into the licensing rules and procedures required to set up a business, the legal structures available, and the legal process for hiring expatriate and national personnel.

The second course, International Acquisitions, will be held on Monday, April 14.

"There has been an increasing level of merger and acquisition activity in the global oil and gas industry over the last few years," HFI executive director Hugh Fraser said.

"This one-day course will outline the strategic reasons for international acquisitions in the energy sector, and explain the sourcing, valuation, and acquisition process that you need to know to ensure you secure good deals, and avoid the bad ones."

The third course - Oil and Gas Law & Contracts - will be held on April 17 and 18.

This two-day course is aimed at improving commercial knowledge, awareness of the issues and recent changes in international oil and gas law, while also refining negotiation skills and providing the ability to quickly and efficiently review and assess key legal and contract risks.

The fourth course, Doing Business in India, will be held on April 21.

Buoyed by a flourishing economy that is forecast to increase 8.25% this year, India is now Australia's fourth-largest export market and our fastest growing market for both goods and services, which are increasing at more than 30% each year.

Outlining the key energy and mining opportunities in India, this one-day course will provide details on the set-ups available and how to optimise opportunities while minimising risks.

Attendees will become familiar with the industries that do, and do not, require approval from the Indian Government and the processes in place for obtaining approval where necessary.

All courses will be run by HFI executive director Hugh Fraser, a Scottish corporate and commercial lawyer who has more than 20 years experience in the international energy and oil and gas sector and has worked on more than 100 acquisition, divestment, merger, flotation and joint venture transactions.

These training sessions are ideal for senior team members in the professional areas of engineering, finance, commercial, insurance and risk, and in-house lawyers.

These courses will be held in Novotel Langley, located at 221 Adelaide Terrace, Perth.

Class sizes are strictly limited to ensure attention is dedicated to each participant and their specific business needs. To reserve a seat contact Maria Dodd on 08 6468 9900 or by email at maria.dodd@hfi-international.com.

HFI focuses on upstream oil and gas, dispute resolution and arbitration, commercial work as well as legal matters in the shipping and admiralty, banking, insurance and corporate sectors.

Since its inception in 2003, HFI has focused on the Middle East, Africa and India. It has established an office in Perth.

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