Oil & Gas Contracts Management, Negotiation & Legal Risk Management

Course Overview

Learning Objectives

• Analyze key oil and gas contract structures, obligations, and risk allocation provisions.
• Develop practical contract management and administration procedures.
• Evaluate contractual clauses for legal, commercial, and operational risks.
• Apply effective negotiation strategies for oil and gas agreements.
• Assess liability, indemnity, warranty, insurance, and limitation clauses.
• Identify contractual risks and develop appropriate mitigation actions.
• Manage variations, change orders, delays, notices, and extensions of time.
• Evaluate contractual claims and supporting documentation.
• Apply practical approaches to contract disputes and dispute resolution.
• Strengthen coordination between legal, commercial, procurement, technical, and project teams.
• Develop a practical contract risk register and monitoring approach.
• Prepare an actionable contract management plan for workplace application.

Who Should Attend

Learning Outcomes

• Review and interpret key provisions in oil and gas contracts.
• Identify contractual obligations, risks, and responsibilities.
• Prepare a practical contract risk register.
• Develop negotiation objectives and fallback positions.
• Negotiate commercial and legal terms more effectively.
• Assess liability, indemnity, warranty, insurance, and termination provisions.
• Manage contractual variations and change orders.
• Prepare and evaluate contractual notices and claims.
• Identify potential disputes before they escalate.
• Monitor contractor and supplier contractual performance.
• Establish effective contract administration controls.
• Develop a practical contract risk mitigation action plan.

Course Outline

Upcoming Dates