09:00 Opening Address and Welcome from the Chairman

09:10 In Search of Fairness: Strategies for Appropriately Sharing Risk with Contractors

• Exploring the major issues surrounding risk allocation and discovering proven techniques for mastering risk management
• Establishing appropriate contract drafting procedures in order to minimise associated risks to your business
• Terms of fairness: Considering the benefits of sharing risk
• Striving for mutual success: Striking a balance between operators and contractors

Gamal Abou Elkhair
Senior Contracts Engineer
Kuwait Oil Company

09:50 Achieving a Transparent Global and Regional Perspective on Contractual Risks

• Understanding regional laws, regulations and risks: A key factor for successful contact formulation
• Identifying potential disputes in contract clauses across international boundaries
• Pinpointing Asian regulations that impact successful upstream oil and gas contracts: What are they and how do they impact contractual arrangement?

AK Sri Vastava
General Manager and
Head of Legal Services
Oil and Natural Gas Ltd.,India

11:00 Studying a Post-Macondo Environment and the Emerging Political Risks

• Discussing an unforgiving political environment: How the Macondo incident marks a sharp turn for risk distribution
• The effects of facing unlimited liability: Reasons why the Macondo disaster has altered the way liabilities are addressed
• Investigating new challenges faced by an international oil companies that were not experienced 5 years prior

David Blackmon
Vice President and
Associate General Counsel
Upstream International Asia
Shell Eastern Petroleum (Pte) Ltd.

11:40 Discussing Unique Contract Structures for Marginal Fields

Marginal fields are often the riskiest environments for drilling; because of this, contract design is of utmost importance. This session will look at the solution: specialised contract designs that minimise risks for deep-water projects.

• Looking at the current situation of Malaysia and determining why mitigating risks contractually is becoming more critical
• What sorts of contracts are being employed in the upstream market?
• Addressing best practice strategies and particular clauses that relate to marginal fields

Dr. Sayed Ebrahimi
Legal Counsel
National Iranian Oil Company

13:20 Managing Risks in the Negotiation and Creation of Construction Contracts

• Discussing several of the key principals of risk allocation
• Managing risk during the formulation and negotiation stages of contract development
• Dealing with indemnities and how to avoid litigation

Robert Mancini
General Counsel
UGL Limited

14:00 No-Holds-Barred! Strictly Confidential!

Back by popular demand. This session will split the delegates into groups to discuss which issues are most important to them. The group leader will then report back anonymously to the delegation. Why not discuss:

• Your most difficult challenge in contract negotiations and what solutions best address these
• Problematic clauses and strategies for resolving them
• The role of counter parties during contract disputes and how they should be managed throughout the process

Facilitated by Conference Chairman

15:20 Avoiding Corruption: Techniques for Dealing with Third Parties

• Identifying the relevant laws and the appropriate liabilities for third parties
• Challenges in dealing with intermediaries, agents, consultants and business partners
• Addressing specific anti-corruption measures and how they should be used in contract development
• The impact of due diligence and the necessity of on-going compliance measures

Phillip Jackson
Legal Manager
Apache Corporation

16:00 Discussing Port-Delivery Liability Warranties

• Pricing schemes in an EPC contract and risks associated with the Target Price scheme
• Various factors to consider in drafting a Target Price provision from engineering to a governing jurisdiction
• Importance of FEED in the Target Price scheme

Andrew Hong
In-House Counsel
Hyundai Heavy Industries Co. Ltd.

16:40 Panel Discussion: Regarding Post-Macondo Risk Management

• Discussing the number one change in contract development since the Macondo incident?
• Looking at limitless limit of liability and what this means in terms of mitigating risk
• Discussing the impact of large-scale disasters on public policy: How have public institutions responded and what does this mean in terms of contract risk management?

17:10 End of Conference Day One

17:20 Start of Workshop A