Course Objectives:

• Determine the span of petroleum activities
• Determine the types of legal contracts
• Understand Production sharing agreements
• E&P contracts
• Service contacts
• Legal aspects of contracts
• Prevent fraud in contracts
• Understand claims in contracts
• Understand negotiation principles
• Effectively negotiate in petroleum contracts
• Develop an appropriate strategy to use during negotiation
• Make claims settlement

Course outlines:

• Span of petroleum activities
• Types of legal contracts
• Production sharing agreements-E&P contracts
• Service contacts
• Legal aspects of contracts
• Fraud in contracts Claims in contracts
• Principle in negotiation
• Negotiation in petroleum contracts
• Strategy of negotiation
• Claims settlement
• Arbitration
• Maintaining Supplier Relationships
• Measurement of Contract Administration Performance

Who Can Benefit?

• Senior and middle managers
•  technical specialists
•  project managers
•  Engineers

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