Advanced Masterclass : Negotiating oil & gas contracts in this climate change era: re-defining the key clauses
About your facilitator
Negotiation is key in the development and implementation of energy projects in the different parts of the Globe. Simply defined, negotiation refers to the process of holding a discussion with the main aim of reaching an agreement. With respect to energy projects, the host government and the investors must negotiate the terms of the petroleum/energy agreements. There are various issues to be considered when negotiating these kinds of agreements including the fiscal regime, accounting standards, contract termination provision, social impact including land access, compensation and relocations; local content provisions; environmental and health issues and many others. In negotiating petroleum agreements, there are some unique features that must be considered and thought about. These include among others: the cost of exploration and development; the ever-changing market conditions; the possible field size, including the possibility of dry holes; and the difficulty of recovery. In the 21st century, issues of environmental protection, climate change, stabilization and arbitration clauses have become important especially in developing countries.
This five-day Advanced Masterclass offers our participants the opportunity to develop their negotiation skills in the Oil and Gas sector. The course uniquely explores and examines real-life oil and gas negotiation scenarios, while provoking our participants to develop a critical and independent analysis of the key clauses in petroleum agreements-especially in this Climate Change era.
The course is suitable for government agencies/ministries; policymakers; private companies; organisations; NGOs; practitioners; and students. Our participants will learn and practice the necessary steps to create win/win outcomes in even the most difficult situations. They will also acquire the core skills which underpin success in collaborative, competitive and dynamic negotiations.