Intensive Trainings
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International Dispute Resolution in the Oil and Gas Industry
14th March 2022 - 17th March 2022
Why Choose this Training Course
This is a 4-day training course. The global oil and gas business is defined by a number of key features – it requires massive amounts of investment, has long time horizons to payback, is very high risk and operates in an increasingly challenging technological environment. Ever more frequently, multi-party vehicles such as Joint Ventures become the norm, as those engaged within the industry seek to lower risk exposure and financial cost, (to name but a few reasons) through collaboration and sharing. As the international oil and gas business spans the world, cultural interaction becomes more and more central and essential to successful global operations.
It is against this background that the scope for disputes and conflict unfortunately find firm purchase and manifest through a multitude of reasons and due to the impact of an almost limitless number of variables. The stakes are high, and the rewards are great, but the costs of getting things wrong are serious, both tangibly from a cost perspective, but also (and perhaps more importantly) from an intangible perspective through things such as damage to corporate reputation or loss of competi-tive advantage.
This course has been designed to provide a comprehensive understanding of what causes disputes within the international oil and gas industry, and even more importantly, how to redress these issues in a pragmatic and constructive manner. Business is about relationships and it is the course author’s frim belief that many costly and time consuming disputes could have either been avoided, or settled far more quickly and cost efficiently, if parties had been armed with an awareness and understanding of how to move forward positively towards a resolution that is both long lasting and of mutual benefit. It is the Author’s hope that this training package might provide the basis that will allow organisations to achieve this goal.
Who Should Attend
- Cost Estimators
- Project Directors
- Project Engineers
- Project Managers
- Legal professionals
- Project finance individuals
- Contract Managers, Engineers
- Commercial Managers, Business Managers, CFO
- Individuals involved with the contractual aspect of projects
- Anyone who wished to gain a deeper understanding of the project cost management function