Energy Contract Management

Start Date: 2023-01-23 End Date: 2023-01-27

Scheduled Dates:

      23-27 January 2023

     19-23 June 2023

Venue:                      Windhoek, Namibia

Duration:                  5 days

Course Fee:             USD 1700.00

Course Description

Organisation in the energy sector are required to have specific strategy for dealing with energy contracts. The high dependence on suppliers, vendors, and distribution networks, the energy industry faces unique risks and complexities that highlight the need for a well-defined strategy for the development and execution of long-term contracts. However, energy contracts need to be strategic and looked at through the lens of your company’s current risk profile. Energy contracts must allow for flexibility and the contracts must reflect this and have a robust basis for meeting stakeholders’ requirements. This practical course is designed for contracts management people to develop skills to cope with the complexities of commercial and business relationships in the energy sector.  

The Aims of the Course

The course aims to:

• Develop skills to cope with the complexities of commercial and business relationships in the energy sector.  
• Develop the capacity to create a well-thought-out contracting strategy and negotiate provisions in oil and gas contracts.

Course Objectives

By the end of this training, delegates should be able to:

• Negotiate provisions in energy contracts
• Draft contract provisions, manage production and commercial risks
• Understand the global energy market and the structure of energy contracts.
• Assess risks in the energy industry and know how to minimize those risks.
• Manage contract term changes and the differences in approach between standard and customised contracts
• Examine and analyse the difference energy contracts both upstream and downstream.
• Assess key issues faced during contract lifecycle and know how to negotiate appropriate contractual clauses.
• Examine the most effective methods of dispute settlement
• Avoiding pitfalls in contract negotiations and ambiguous contractual terms.

Target Group

• Contracts Professionals
• Commercial Managers & Professionals
• Project Managers
• Procurement Supply Chain Professionals
• Risk Manager / Contract Risk Professionals
• Financial Professionals in the Energy Industry