COMMERCIAL FUNDAMENTALS OF THE UPSTREAM 


Speaker - Mr C.P. Thorpe MA. LLB.
Duration - 2 Days

Course Overview

The course is a foundation course looking at the legal/commercial function which is absolutely central to any upstream company.

Simply, how do you get the right deals and projects on the right terms? A company's future depends on this, and it has always seemed that this vital function is neglected.

There are very few books on the subject, and while courses on technical subjects are numerous, courses on the commercial function are very few.

That may be why many companies are much better on the technical side of operations than on the commercial.

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NEXT COURSE:

4th - 5th December 2009 Kuala Lumpur

In Association with PetroEdgeAsia

OBJECTIVE

The objective of the course is simply to give a greater awareness of the commercial process. I would hope that delegates will gain a deeper understanding of the topic, and that it should improve their negotiating skills and lead to better and more effective deals.

The course focuses on less tangible but equally important issues - how these deals are actually made, negotiation, bargaining power, drafting, personalities and the problems of dealing across cultural boundaries. 

WHO SHOULD ATTEND

The course will benefit people employed in the legal/commercial departments of oil companies and contractors, senior and middle managers, asset managers, project managers and the like.

TOPICS

·        The aggressive commercial culture of the upstream

·        Finite resources and the end-game of the global petroleum industry

·        The key importance of the commercial function in any upstream     company

·        The significance, use and abuse of bargaining power

·        Drafting and the use of standard forms

·        The effect of oil price volatility on commercial arrangements

·        Dealing across cultural boundaries

 

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In Association With

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