Oil And Gas Contracts

Category: Aci Code Requirements And Specifications For Concrete Design, Construction And Repair Training

Course Description

Objective

At the end of this seminar, you will:

  • Appreciate the uses of various types of oil and gas contracts
  • Describe best practice in supply chain management
  • Identify, assess and manage key contractual risks
  • Evaluate the most appropriate way to dispute resolution
  • Perform more confidently in negotiations

Course Outline

  • Principles of Petroleum Law and Industry
  • Exclusivity, Mutual Interest and Confidentiality
  • Concessions/Licences
  • Hire, Lease and Rentals
  • Services and Works Agreements
  • Multi-party Contracts
  • Overview of Procurement Best Practice
  • Developing the Scope of Work
  • Qualifying Suppliers
  • Managing the Supply Chain
  • Contract Award and Execution
  • Bribery and Corruption
  • Performance and Penalties
  • Liabilities and Indemnities
  • Force Majeure
  • Pricing and Payment
  • Termination
  • Local Content Requirements
  • Identifying and Managing Supplier Risk
  • Service Level Agreement
  • Key Performance Indicators
  • Changing the Scope of Work
  • Limiting and Excluding Liability
  • Use of Bonds, Guarantees and Warranties
  • Damages and Other Remedies
  • Litigation or Arbitration?
  • Alternative Third Party Dispute Resolution
  • Enforcement Measures
  • Negotiation, Compromise, Settlement
  • Open Forum – Questions and Final Review