Course description
This comprehensive course provides a deep dive into the global energy market and the structure of energy contracts. It is designed to help participants gain a thorough understanding of both upstream and downstream energy contracts, risk assessment and mitigation in the energy industry, and effective negotiation strategies. Through a blend of theoretical knowledge and practical case studies, this course aims to equip you with the necessary skills and insights for successfully managing energy contracts.
Upcoming start dates
Upcoming start dates
Suitability - Who should attend?
This course is ideal for:
- Energy industry professionals who wish to deepen their understanding of energy contracts.
- Contract managers and legal professionals working in the energy sector.
- Business executives interested in improving their organization's contract negotiation and management strategies.
- Students studying energy, business, law, or related fields who want to gain practical knowledge.
- Individuals considering a career change into the energy industry or contract management.
Outcome / Qualification etc.
Upon completion of this course, participants should be able to:
- Understand the structure of the global energy market and the fundamentals of energy contracts.
- Assess potential risks in the energy industry and implement strategies to minimize those risks.
- Examine and analyze different types of energy contracts, both upstream and downstream.
- Identify critical issues that may arise during the contract lifecycle and negotiate appropriate contractual clauses.
- Avoid common pitfalls in contract negotiations and ambiguous contractual terms.
Training Course Content
Day 1
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.
Day 2
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.
Day 3
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.
Day 4
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.
Day 5
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.
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London Premier Centre
London Premier Centre is a UK leading training provider based in London and specialises in international short courses. Our inspiring, comprehensive portfolio of more than 400 professional development courses and seminars covers a wide range of professions from Administration, Leadership,...