Negotiation Skills in the Oil & Gas Industry – One Day USD 150 / Two Days USD 250 Per Pax
Description
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Introduction to Negotiation in the Oil & Gas Sector
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Importance of negotiation in O&G operations
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Common negotiation scenarios (contracts, JVAs, service agreements, etc.)
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Key stakeholders and their interests
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Fundamentals of Effective Negotiation
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Principles and stages of negotiation
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Win-win vs competitive approaches
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Understanding negotiation dynamics
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Cultural and International Considerations in O&G Negotiations
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Cross-cultural communication challenges
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Global negotiation etiquette
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Managing multi-country joint ventures
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Preparation and Strategy Development
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Setting objectives and priorities
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BATNA (Best Alternative to a Negotiated Agreement)
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Gathering and analyzing negotiation data
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Communication and Persuasion Techniques
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Verbal and non-verbal communication in technical discussions
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Active listening and questioning skills
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Persuasion, influence, and credibility
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Negotiating Oil & Gas Contracts
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Key contract types (EPC, PSC, JOA, supply, offtake)
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Risk allocation and legal considerations
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Handling terms, conditions, and liabilities
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Commercial and Pricing Negotiations
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Negotiating prices, tariffs, and profit-sharing
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Cost-recovery discussions
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Managing financial trade-offs
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Technical and Project-Based Negotiations
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Dealing with engineering, procurement, and construction issues
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Negotiating timelines, deliverables, and performance metrics
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Managing contractor relationships
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Conflict Resolution and Problem Solving
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Identifying sources of conflict
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Mediation and arbitration in the O&G context
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Turning conflict into cooperation
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Team Negotiation and Internal Alignment
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Role of negotiation teams in large O&G projects
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Aligning internal departments (legal, finance, operations)
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Managing group dynamics
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Ethics and Integrity in Negotiation
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Ethical dilemmas in international O&G deals
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Transparency, compliance, and anti-corruption principles
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Building long-term trust and partnerships
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Simulation and Case Studies in O&G Negotiation
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Real-world negotiation exercises (e.g., licensing, service contracts)
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Role-play and feedback sessions
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Review of successful and failed O&G negotiations
