About this Virtual Instructor Led Training (VILT)

In the Oil & Gas construction and procurement business, the success of your project is dependent on your practical “know how” in contract management. Understanding the essential ingredients of contracts and mastering the fundamentals will equip you to identify vague contracts, avoid dangerous and often hidden terms, and better understand your position and your project. This 5 half-day VILT course covers important topics such as contracting strategies, liabilities of the parties, issues of indemnity warranties and guarantees. This VILT course will provide you with a forum to explore root causes behind disputes as ambiguous clauses or one sided contracts and strategies to deal with such scenarios. This VILT course is facilitated to learn how to negotiate rigid contracts where contractors are not allowed to edit any clauses during the bidding process. The participants will learn from the Case Law Reports and analysis so as to take home lessons learned from bitter experiences of the peers in the industry. It is designed to help those who need a solution to manage current contractual issues or those who execute contracts on a daily basis and want to be more proficient in reviewing, administering or managing their contracts and projects. *Training will be delivered in 4 hours per day with 2 breaks lasting 10 minutes each