Practical Programme to Minimise Risk and Manage Disputes for Oil & Gas Projects
10-11 March 2008 * Hotel Mulia, Jakarta, Indonesia
OVERVIEW
Managing risk and effectively resolving disputes is crucial to ensuring the financial success of any oil and gas project. This is because unforeseen problems occur in the majority of oil and gas projects. If not managed properly, these problems can turn a potentially profitable relationship between parties into one fraught with distrust and dispute.
When a contract ends in substantial dispute, the ensuing litigation often results in both parties failing to achieve their objectives, with the associated legal costs eating into the contractor’s profit and the owner’s budget.
Such problems can often be easily avoided by effective forward planning - but only when early steps are taken to identify and deal with potential issues which can then be included in the contract formation. Then, the project should run smoothly.
With this programme contract managers can take away those skills to effectively handle risk management and implement successful dispute resolution to optimise the income for any oil, gas and petrochemical project. These include identifying risks prior to contract formation, identifying and reallocating risk through the tender process, drafting contracts to achieve clear risk allocation, managing risk through effective contract administration and carrying out effective dispute resolution.
This is a completely practical and comprehensive programme led by an experienced lawyer who is highly rated by one of the legal profession leading authorities.
PROGRAMME AGENDA
SESSION 1- IDENTIFYING RISKS PRIOR TO CONTRACT FORMATION – MAKING THE MOST OF THE TENDER PHASE
SESSION 2 - DRAFTING CONTRACTS TO ACHIEVE CLEAR RISK ALLOCATION
SESSION 3 - MANAGING RISK THROUGH EFFECTIVE CONTRACT ADMINISTRATION
SESSION 4 - EFFECTIVE DISPUTE RESOLUTION
WHO SHOULD ATTEND
This programme is aimed at managers and senior executives who are actively involved in the negotiation, implementation and administration of contracts to develop oil and gas fields and to construct the associated production and refining facilities. They include:
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Contract Managers and Administrators
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Tender Managers
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Project Managers
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Supply Chain Managers
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E&P Managers
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Commercial Managers
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In-house Lawyers & Counselors
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Senior Executives who are involved in managing investments in the oil & gas projects, including petrochemical, LNG, pipelines, oil rigs & other petroleum engineering services.
Participants should be willing to actively engage in workshop scenarios. The programme will focus on risk management and dispute resolution from the perspective of both owners and contractors.
ORGANIZER
Asia Business Forum (Singapore) Pte Ltd
3 Raffles Place #08-01 Singapore 048617
3 Raffles Place #08-01 Singapore 048617
TELEPHONE: (65) 6536 8676 / 6536 8437