Oil and Gas Contract Negotiation

Overview

In this course, delegates will acquire the fundamentals of international oil and gas contracts, along with negotiation techniques and strategies that work in international and multicultural settings. Oil & Gas Contract Negotiation training teaches professionals to manage complex agreements, covering legal/commercial basics, risk management, and specific skills for PSCs, LNG, and upstream deals, using role-playing and case studies for practical application in international settings.

Delegates will also learn how to effectively negotiate in concert with counsel and how to get the terms negotiated incorporated into an enforceable international oil and gas agreement. The hands-on practical exercises will give you an understanding of the art of negotiations.

This course on Complex Negotiation Skills for Oil and Gas is specifically designed for professionals involved internationally in the oil and gas industry, it offers a unique opportunity to rapidly increase your understanding of the legal issues involved in various international scenarios and to improve your techniques and skills in drafting a variety of international contracts.

Objective

• In-depth analysis of key oil and gas contracts

• Negotiation techniques and the strategic role of legal counsel

• Key Legal Contractual Risk Management Issues

• Managing force majeure and liability clauses

• Examination of international model oil and gas contracts

• Understanding common causes of disputes and the international dispute resolution framework, including arbitration clauses

• Identifying challenges and pitfalls in contract negotiations