Contract Drafting, Negotiation and Conflict Resolution Excellence
Contract Drafting, Negotiation and Conflict Resolution Excellence
Overview:
Understanding how to negotiate, develop, and interpret the provisions of international business agreements is essential to making successful deals in the growing number of cross-border oil and gas transactions. This can also be the first step towards averting protracted, disastrous disputes and the costly, time-consuming litigation and arbitration processes that follow.
Using as a basis some standard of EPC Engineering Procurement and Construction Agreement, Production-Sharing Agreement, License-Concession Agreement, Joint-Venture Agreement, and more in general exploring today's internationally accepted commercial contracts principles, this practical course will first examine the principles of international contract law with specific reference to the oil and gas industry.
It will look at each contract issue in detail to determine what is characteristic of the oil and gas sector and how to effectively negotiate any significant concerns that may arise. It will contain best practices, tricks, and methods for all the important aspects that come up in the writing, negotiation, and interpretation of international and oil and gas contracts.
Course Benefits:
Through case studies, group discussions, useful handouts, and professional instruction, participants will
- Gain insights into the way oil companies and contractors view and negotiate oil & gas agreements.
- Know the specialized concepts and terminology related to oil & gas contracts and with the specific English legal language.
- Understand the single details of the typical oil & gas contracts, in order to know how to address and negotiate efficiently any of their material issues.
- Acquire skills and techniques to negotiate these contracts and find the best and most efficient way to solve any potential and actual dispute.
- Get a clear understanding of the ADR Alternative Dispute Resolution processes, how they work and how they can be implemented successfully.
- Understand the basic elements of international and domestic arbitration, including doctrine and materials from international practice, cases and awards.
- Be entirely familiar with the steps of arbitration proceedings and how in- house counsel and other party representatives can contribute to successfully manage a case.
- Understand if and why to address an investment dispute to the ICSID International Centre for Settlement of Investment Disputes, the litigation institution of the World Bank.
Who should attend:
All those involved in exploration, production, purchase, transportation, product treatment and sales, including:
- Contract Negotiators / Commercial Managers
- Government Officials and Regulators
- Project Contract Negotiators /
- Commercial Managers
- Project Owners / Sponsors
- Senior Engineering & Project Managers
- Operation Managers
- Financial Controllers
- Strategists, planners and analysts
- Gas sales and marketing executives
- Financiers
- Asset managers
- E&P professionals and managers
- Petroleum Engineers
- Reservoir Engineers
- Buyers, Sellers & Distributors
- Traders
- Services Sector providers
- Auditors
- Consultants, Advisers and Legal