Course Details
Course Outline
5 days course
Introduction to the Global Energy Market and Energy Contracts
- Overview of the Global Energy Market: Understanding its structure and key players.
- Introduction to Energy Contracts: Types, purpose, and key components.
- Understanding the Energy Contract Lifecycle: From initiation to completion.
Risk Assessment in the Energy Industry
- Understanding Risks in the Energy Industry: Market, credit, operational, and regulatory risks.
- Risk Assessment Techniques: Tools and strategies for risk identification and evaluation.
- Risk Mitigation Strategies: Methods for minimizing risks in the energy industry.
Examination of Upstream and Downstream Energy Contracts
- Understanding Upstream Energy Contracts: Exploration, production, and drilling contracts.
- Understanding Downstream Energy Contracts: Refining, distribution, and retail contracts.
- Analysis of Energy Contracts: Key clauses, common issues, and negotiation strategies.
Contract Lifecycle Issues and Negotiation of Contractual Clauses
- Identifying Critical Issues in the Contract Lifecycle: Common problems and potential solutions.
- Negotiating Contractual Clauses: Techniques for effective negotiation.
- Understanding and Avoiding Ambiguous Contractual Terms: Clarity in contract language and interpretation.
Avoiding Pitfalls in Contract Negotiations and Future Trends
- Common Pitfalls in Contract Negotiations: Recognizing and avoiding them.
- Future Trends in Energy Contracts: Impact of technological advancements and regulatory changes.
- Skills for the Future: Essential skills for energy contract professionals in the evolving energy market.
