Introduction
Negotiation in the oil and gas industry is complex, high-stakes, and often conducted across international and multidisciplinary environments. From upstream exploration agreements to EPC contracts and supply chain negotiations, professionals must balance technical, commercial, and legal considerations while managing risk and stakeholder interests.
This 5-day intensive training program, developed by Global Horizon Training Center, equips participants with advanced negotiation strategies tailored specifically to the oil and gas sector. The program integrates practical frameworks, real-world case studies, and interactive exercises to enhance negotiation effectiveness.
Participants will develop the skills needed to prepare, conduct, and close negotiations that maximize value while maintaining strong professional relationships.
Course Objectives
By the end of this program, participants will be able to:
- Understand negotiation dynamics in oil & gas projects
- Apply structured negotiation strategies and frameworks
- Prepare effectively for high-value negotiations
- Analyze stakeholders and manage interests
- Handle complex commercial and technical discussions
- Manage conflict and difficult negotiation scenarios
- Achieve win-win outcomes while protecting organizational interests
Target Audience
- Contract and Commercial Managers
- Procurement and Supply Chain Professionals
- Project Managers and Engineers
- Legal and Compliance Professionals
- Business Development and Sales Teams
- Oil & Gas Industry Professionals
Outline
Day 1: Fundamentals of Negotiation in Oil & Gas
- Types of negotiations in oil & gas (PSC, EPC, supply, JV)
- Negotiation styles and approaches
- Key principles and frameworks
- Understanding power, leverage, and value
Day 2: Preparation and Strategy Development
- Setting objectives and defining negotiation goals
- Stakeholder analysis and mapping
- BATNA (Best Alternative to a Negotiated Agreement)
- Risk and scenario planning
Day 3: Communication and Persuasion Techniques
- Effective communication skills
- Active listening and questioning techniques
- Persuasion and influence strategies
- Managing cultural and cross-border negotiations
Day 4: Managing Complex Negotiations and Conflict
- Handling difficult negotiations and objections
- Conflict resolution techniques
- Negotiating under pressure
- Case studies in oil & gas negotiations
Day 5: Closing Deals and Practical Simulation
- Closing techniques and agreement structuring
- Drafting key terms and conditions
- Final negotiation simulation (role-play)
- Feedback and performance improvement
- Review and evaluation
