International Dispute Resolution & Arbitration in the Oil, Gas & Petrochemical Industry

NAME OF THE COURSE
Global Dispute Resolution & Arbitration in the Oil, Gas & Petrochemical Industry
 
CERTIFICATION
Global Dispute Resolution & Arbitration in the Oil, Gas & Petrochemical Industry
 
COURSE OVERVIEW
The workshop will deal with and place the participants in real conflict avoidance and dispute management situations so that they have hands-on experience of handling dispute settlement and resolution in such a manner so that no ill will is created between the parties. It will enable participants to identify, allocate, manage and mitigate risk and uncertainties of complex projects and transactions. It will focus on techniques to avoid conflict situations which in turn lead to litigation and arbitration. At the end of the five-day highly interactive course, participants will be able to develop strategy & tactics for dealing with litigation and arbitration to ensure enforcement of their rights. The workshop will also cover multi-party disputes and their settlement through dispute resolution. The workshop combines presentations with case studies as well as simulations of real-life pressures in dispute situations.
To support and/or substitute traditional approaches to analysis, modelling and optimization, “Data,” reflecting the field measurements, can provide much-needed insight. Data-Driven Analytics is the set of tools and techniques that provides the means for extraction of patterns and trends in data and construction of predictive models that can assist in decision making and optimization.
 
The Workshop Will:
 
Provide a step by step approach for resolution of disputes (conciliation, mediation, arbitration & litigation)
Analyze various modes of dispute settlement and their relative merits and demerits
Focus on implementation of award and judgments for disputes regulated by a foreign jurisdiction
Unique features of this workshop:
 
Based on case studies highlighting new and unforeseen risks for high investment/high-risk projects
Includes a response plan for failure – how to avoid and resolve disputes and terminations
Tailored on feedback received from a Pre-Workshop Questionnaire (PCQ) listing the specific workshop expectations from participants
 
TRAINING DURATION
Training Hours per day : 4-6 Hours
Total Training Hours : 20-24 Hours
Training Duration      : 5 Days
Total Training  Days  : 5-10 Working Days
 
TRAINING SCHEDULE
Weekdays (Sunday to Thursday)
Regular Sessions : 4 – 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm)
Food & refreshments Included
Weekends (Friday & Saturday)
Fast Track Sessions: 8 Hours per day (9am to 5pm)
Food & refreshments Included
 
CERTIFICATION
Globally recognized certificate from “Kings Global Career Academy”
 
TEST
No
 
LEARNING AIDS
Yes
 
COURSE MATERIAL
Hard & Soft Copies of Study Material
 
LANGUAGE OF INSTRUCTION
English
 
INSTRUCTOR HELPLINE
Yes
1. Email
2. Social Media (For Emergency requirements)
 
REGISTRATION REQUIREMENTS
1. Passport Copy
2. Curriculum Vitae
3. Passport size photographs
4. Course Fee
 
MODE OF PAYMENT
Cash / Cheque / Credit Card / Bank Transfer.
 
ELIGIBLE FOR
This workshop is relevant for all professionals working in the Oil & Gas sector who deal with legal drafting: disputes and arbitration processes every day.
  • The training program is particularly relevant for teams/persons working dealing with:
  • Risk Management
  • Legal Management
  • Materials Management
  • Supply Chain Management
  • Marketing
  • Contract Appraisal & Management
 
COURSE BENEFITS
  • Comprehensively understand the different types of dispute resolution methods
  • Understand the main dispute resolution clauses in international oil and gas contracts
  • Know the available mechanisms to resolve international oil and gas disputes
  • Be aware of the approaches to conflict, management, avoidance and settlement
  • Be able to assess and apply the best means to resolve disputes in different potential scenarios.
 
COURSE CONTENTS
 
Introduction to International Disputes in the Oil and Gas Industry
 
Overview of types of disputes in the Oil and Gas Industry
  • Contribution of the oil & gas sector to the development of arbitration
  • Substantive/commercial issues that have arisen in recent oil & gas arbitrations
  • Preference for International Arbitration to Litigation
 
Neutrality of Process
  • Party autonomy
  • Cost-Effectiveness and Speed
  • Enforceability of the Award 
  • Confidentiality of Proceedings
  • Dispute Resolution and Arbitration Clauses in Oil and Gas Contracts
Dispute and Contracts 
 
Acquisition Contracts
  • Production Sharing Contracts
  • Joint Operating Agreements
  • Service Agreements
  • Charter Party
  • Analysis of various clauses
  • Applicable Law and Dispute Resolution
  • Legal Framework for International Arbitration
 
Arbitration Agreement or Clause
  • Arbitration Conventions and Investment Treaties
  • Arbitration Procedural Rules
  • National Laws
  • National Courts
  • Various Modes of International Dispute Resolution
 
Expert determination
  • Mediation
  • Conciliation
  • Arbitration
  • Ad-hoc and institutional arbitration
  • Venue of arbitration
  • Enforcement of award
  • Sovereign immunity and other problems of suing foreign governments
  • Benefits and challenges of mediation of oil and gas disputes over the arbitration.
  • Group exercise: Understanding the implied waiver of Sovereign Immunity
 
Limitations of International Arbitration, Strategy, Tactics and Enforcement
  • Limitations of International Arbitration
 
Costs of arbitration
  • Limited power of the arbitrators
  • The difficulty of bringing three or more parties before the same arbitral tribunal
  • Delay due to the difficulty of communication and language and inconsistency
  • Fees and expenses of arbitrators,
  • Substantial expenses depending on the weight of the dispute in question