Monday, February 28, 2011

Principles of and Procedures for Negotiating, Drafting and Managing Oil and Gas Contracts


Due to the new trends in the contemporary O&G industry, particularly in the complicated upstream & offshore projects and as a result of the dynamic changes experienced nowadays in the relationship between different players in the industry such as IOCs/NOCs/SOCs, varieties of cooperate formula such as JV, PPP, PA, JOA, Alliances, and Consortium as well as different models of contracts such as EC, EP, EPC, BOT, GC, MC, PSC, TSA, PSAC, concession and service contracts have been introduced and/or optimised in the nowadays O&G industry.

To manage the new dynamic O&G industry, it is not sufficient just to manage the O&G project but a duty of care and great considerations should also be granted to the concerned O&G contract(s). That’s why nowadays the O&G contract management become as prominently important as the project management. However, this unruly horse of O&G contract cannot be administered or controlled on a partial basis or timely manner without having a proper vision and mission for its lifecycle and chain of activities commencing from feasibility study to negotiation, conclusion, execution and close out of the O&G Contracts. Without being engaged in the strategic and tactical issues of industry O&G contracts, and without implementing a long term A-Z comprehensive O&G contract management plan, every efforts of the conventional approach of project management will be regretfully destined to the total failure.

NEOEDGE is bringing to you another of our premier course “Principles of and Procedures for Negotiating, Drafting and Managing Oil and Gas Contracts” to be held in Johannesburg, South Africa from 09 to 11 May 2011.

The aim of this course is to achieve the above mentioned purposes through comprehensive TEFCEL* Strategic Management. The course leader Dr Ebrahimi shall assure that inputs and outputs of the professionalism resulted from the outside O&G world; driven from the actual experiences and practices; based upon the true knowledge and fact finding cases; and illustrated from varieties of cases encountered in the O&G industry, will be relayed to the Workshop’s participants, making sure everyone will be ultimately satisfied acquiring handful of new thoughts and knowledge that could change his/her own O&G industry.

It will be led by Dr. S N Ebrahimi, Ex-Director of Legal & Contractual Affairs, PEDEC/NIOC and Professor of Oil and Gas Laws & Contracts, Tehran University.

Seats are limited! To secure your seats or for more information, call us today at +65 6557 9183 or email us at rilla.eas@neo-edge.com.

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