Module One: Mastering Negotiations & Dispute Resolutions
Day One: Finding a Collaborative Position When Aiming for Agreement
- The basis of a negotiated settlement
- Disputes and the need for resolution
- The place of negotiation in the contractual resolution process
- Distributive and integrative approach to negotiations
- Emotion, understanding and perceptions
- Ethics and the impact on the negotiation process
Day Two: Strategic Approaches to Negotiating Required Outcomes
- Preparation and goal setting to maintain focus
- The key stages in planning a negotiation
- Information needs and sources of negotiation power
- Taking positions during the negotiation process
- Drafting your proposal which will open the discussion
- The discussion and importance of timing when closing deals
Day Three: Negotiation Relationships and Team Dynamics
- Non-verbal communication and the interpretation of body language
- Communication skill models used in negotiation
- Proposals, influence and persuasion
- Establishing commitment
- Building the negotiating team
- Managing multi-party negotiations
Day Four: The Impact of Culture on the Negotiation Process
- Interests, positions and escalation
- Why are international negotiations different?
- The influence of cultural on negotiation
- Stakeholder power behind the interests in negotiation
- Ploys and tactics and how to respond effectively
- Negotiation best practice
Day Five: Resolving Differences and Difficult Situations
- The negotiator as a mediator in the process
- Handling difficult negotiators
- Negotiation case study
- Team allocation and simulation exercise
- The Do’s and Don’ts of Negotiating
- Improving what we do - action planning
Module Two: Oil and Gas Contract Law: Principles and Practices
Day Six: Foundations of Oil and Gas Contract Law
- Overview of the legal framework in the oil and gas industry
- Key legal principles: contract formation, obligations, and termination
- Introduction to industry-specific terminologies
- Types of oil and gas contracts:
- Exploration and production agreements
- Joint venture agreements.
- Case studies: Analyzing real-world contracts
Day Seven: Key Clauses and Provisions in Oil and Gas Contracts
- Core contractual provisions:
- Indemnity clauses
- Force majeure and hardship clauses
- Termination and renewal provisions
- Risk allocation and liability management
- Confidentiality and intellectual property rights
- Contract compliance with regulatory frameworks
- Practical workshop: Drafting key contractual clauses
Day Eight: International Legal Frameworks and Agreements
- Global legal frameworks for oil and gas contracts
- International treaties and conventions:
- OPEC agreements
- Bilateral investment treaties
- Cross-border issues: taxation, customs, and export regulations
- Licensing and concession agreements
- Group activity: Analyzing international oil and gas contracts
Day Nine: Negotiation, Drafting, and Contract Management
- Strategies for effective contract negotiation
- Tools and techniques for contract drafting
- Managing changes and amendments in contracts
- Technology in contract management: digital solutions and software
- Simulation exercise: Negotiating and drafting an oil and gas contract
Day Ten: Dispute Resolution and Case Studies
- Common disputes in oil and gas contracts
- Mechanisms for dispute resolution:
- Arbitration and mediation
- Litigation in oil and gas disputes
- Enforcement of international contracts
- Case studies: Lessons learned from notable disputes
- Final workshop: Mock arbitration scenario