Designed for:
upstream oil and gas professionals from non-legal backgrounds: supply chain management, procurement, commercial
You will achieve:
Skill to draft, review and negotiate LDs in upstream oil and gas with balanced risk allocation approach
Trainer:
Olga Labai brings forward 20+ years of international upstream oil and gas experience
Our focus:
To equip attendees with tools that allow to save millions of dollars and hundreds of hours on contracts
When you aim for excellent contracting practice
By far the biggest error in upstream oil and gas contracts is a clear disconnect between the essential parts of the contract. Scopes do not correlate to pricing schedules, and the latter is often overridden by the T&C, which contain standard template wordings and - classic danger - take precedence over the rest of the contract. Lawyers draft terms and conditions of the templates for the future application so no specific scope or pricing arrangement can be taken into account at the time of drafting. As a result, mere cut and paste of templated T&C into the contract for specific scope and specific rates brings upstream sector to a disastrous consequences, where contracts do not serve their purpose. Learn to identify the most impactful gaps of “standard” contract engineering and eliminate risk of not having a clear contractual governance, when it is most needed.
This session contains best practices for:
- supply chain management professionals
- contract engineers and managers
- tender and bid preparation specialists
- contract negotiators of all levels
- project managers
- operational and technical personnel
- business development specialists
- cost recovery and tax experts
and other non-legal specialists, who have exposure to revenue generating or procurement contracts as part of their roles (in upstream operators, suppliers and contractors)
Difficulty level of this session
Trainer: Olga Labai
I bring forward 20+ years of experience in upstream oil and gas to teach how to save millions of dollars and hundreds of hours on contracts.
- 500+ students trained
- 2016-2019 CIPS Direct Associate
- 2015-1016 EIC resident trainer
You will get
2+ hours of live online session
Live class with Olga Labai, exact time depends on length of Q&A part
Training materials
Delegates will receive materials, including negotiations guidance for LD clauses
Lifetime access
To the session recording and materials (will be available within 24 hours after session)
OUR CLIENTS AND STUDENTS
Oil and Gas Consultants has been on a consistent excellence journey for 10 years. People choose us because of our pragmatism – any training must contain practical take-aways to transform their organization's contracting practice and, as a result, save millions of dollars and hundreds of hours a year.
PRICING
Access to individual sessions of
Stronger Negotiator series
Liquidated Damages Masterclass 16 April 2024
Force Majeure Regime 18 April 2024
Commercial Impact of Contractual Indemnities 23 April 2024
Termination and Suspension Provisions 25 April 2024
Commercial Impact of Contractual Discrepancies 30 April 2024
TESTIMONIALS
(verifiable via Linked In)
Sofiya Poland FCIPS
Head of Group Procurement at Al Masaood
I had a privilege to meet Olga Labai – a talented and energized Legal professional through my MCIPS module for Contracting Excellence. I was impressed with Olga’s talent to engage and to keep the audience highly interactive and interested, while delivering an important and at places difficult subject of legal principles in contracting. Olga has presented herself as a focused and strong-minded person with profound knowledge and experience and an accomplished ability to transfer that experience to others. Olga has also a very good sense of humor, which in combination makes it a perfect recipe for a positive outcome. I am highly recommending Olga to any reputable organisations, which would certainly benefit from Olga’s training in a up scaling the employee’s legal concepts knowledge, improving their practical skills and learning professional technics to achieve a confidence level.
Bassam Safarini
Director of Sales, Endress+Hauser
I attended 2 day training on "Understanding Terms and Conditions in the Contract” with Olga, one day of which covered commercial part of the contract (legal theory of LDs, payment provisions, termination/suspension, SoW etc.) and second day covered all the legal contractual concepts (indemnity, liability, consequential and catastrophic losses). I found the course really helpful. Training builds strong capabilities of any professional with non-legal background to understand general terms and conditions. That allows to achieve balanced risk allocation, make communication with clients more effective and take other steps that may save company from huge losses.
Daniel McCormick
Director of Fire Services at Paradigm
Highly recommend Olga and Oil & Gas Consultants! The training was not only engaging, effective and informative but presented in a 'real world situation'. I shall look forward to further participation in other elements offered by OGC.
CONTACTS
Oil an Gas Consultants
+97 155 385 85 90 (What’s App – Dubai, UAE)
+52 554 194 57 90 (What’s App – Mexico City, Mexico)
