The Energy Industry invests in large, complex, capital-intensive projects that have long life spans. Circumstances, economics, governments and parties invariably change in these energy projects, which can often lead to disputes. The result is that the international energy sector, along with its associated construction projects, makes up the largest portfolio of international commercial and state investment disputes in the world. Disputes are therefore a significant risk in any international energy project. The risk is not whether a project will have a dispute, but rather in how well a party can manage that dispute to get a satisfactory result. Parties therefore need to continually manage that risk from the inception of the deal through to the point when a dispute arises and is eventually resolved.
This training course provides the knowledge and tools to do so. Energy disputes often have a very high monetary value, a strong public interest and a cross-border character, due to the origin of the parties involved. How Alternative Dispute Resolution (ADR) can lead to better and often quicker decisions, enhanced certainty, more procedural flexibility, potential cost savings, and other efficiencies. ADR will allow the industry, including businesses, regulators, and consumers, to take more control over its destiny and create workable solutions fitting individual circumstances. This training course will give participants working knowledge of the full range of ADR options from facilitation, arbitration, mediation, med-arb, early neutral evaluation and expert determination.
By the end of this training course, participants will be able to:
- Comprehensively understand the different types of energy disputes
- Understand the main dispute resolution clauses energy industry contracts
- Have in-depth knowledge of ADR mechanisms
- Have a full awareness of conflict resolution options
- Acquire conflict management skills for avoidance and settlement of energy disputes
This training course is suitable to a wide range of professionals but will greatly benefit:
- Legal managers, legal counsel
- Commercial and Business managers
- Contracts administrators, and managers
- Commercial, financial and insurance professionals
- Project and General Management
Amongst a wide range of valuable topics, the following will be prioritised:
- The fundamental types of disputes in the energy sector
- The methods of dispute resolution methods available
- Benefits of ADR in resolving energy disputes
- Analysing Conflicts and choosing ADR Approaches
- Dispute Avoidance by Improving Conflict Management Skills & Awareness
