According to Hugh Fraser International well-negotiated contracts underpin a successful business
The shifting geopolitical climate and technological developments within the oil and gas industry are having a significant impact on the laws, regulations and contracts within this sector. These trends make it all the more imperative that both legal and non-legal industry professionals continually refresh their understanding and commercial awareness of contract issues pertaining to the oil and gas industry.
Hugh Fraser International (HFI), the Dubai headquartered legal and business consultancy, is addressing this need with a series International Oil and Gas Law Training Programmes, especially tailored for engineers, finance and commercial managers. The first course, an 'Overview of International Oil and Gas Law Contracts' will be held at the Novotel World Trade Centre Hotel in Dubai on March 26 - 27, 2008.
The event is aimed at non-legal professionals and is the first in a series of courses that will give delegates the opportunity to improve their commercial awareness and negotiation skills through assessing key legal and contract risks.
"In today's business environment, companies cannot afford to take risks in the content of contract laws with suppliers, partners and employees," said Hugh Fraser, managing partner of Hugh Fraser International Legal Consultancy and HFI Ventures International Business Consultancy. "This course is designed to provide non-legal and legal professionals with the ability to assess key legal and contract risks, which will ensure their business has professionally-developed, well-negotiated contracts.''
The two-day intensive course will also offer attendees valuable networking opportunities and contacts within the oil and gas industry and will enhance their knowledge of the energy sector. HFI is an international legal and business consultancy service with offices in Dubai and Abu Dhabi, Doha, Qatar, Aberdeen, Scotland and Perth, Western Australia, focused on supporting its clients' international business interests.
For further information or to sign up for this training course, please visit www.hfi-international.com or contact Jacqueline Pike on +971 4 332 0007 or email jacqueline.pike@hfi-international.com
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Note to Editors:
Hugh Fraser International Legal Consultancy combines legal expertise from Australia, UK, USA, India, Indonesia and Arabian/Persian Gulf, and provides specialist international corporate/commercial legal services including joint ventures, acquisitions/divestments, technology transfer and licensing, commercial contracts and dispute management.
HFI Ventures International comprises a powerful network of international business consultants based in the UAE, USA, Egypt, UK, Norway, the Netherlands, Australia, Russia and Kazakhstan specialising in the internationalisation of advanced technologies and know-how to the Middle East, Africa, Indian sub-continent and the Caspian Sea region.
Presenters:
Hugh Fraser is the managing partner of Hugh Fraser International Legal Consultancy and HFI Ventures International Business Consultancy. He is a Scottish corporate/commercial lawyer with more than 20 years' experience in the international
energy/oil and gas sector. Hugh was head of legal for John Wood Group plc from 1996 to 2003. He is a specialist in international acquisitions, joint ventures, consortium contracts, technology transfer and new territory start-ups in the oil & gas and power industries.
In the space of four years he has built HFI into one of the leading independent legal and business consultancy practices in the Middle East with clients from over 20 countries, which include 3C metals, AMEC, Arabian Construction Company, Astaldi, Bluewater, Corelab, Denholm Group, Enerflex, Fifth Ring, Global Maritime, Heriot-Watt University, Luxury Homes, Multi Phase Meters AS (MPM), National Oilwell Varco (NOV), Offshore Energy Services, Petrowell, Pride International, Production Services Network, Proserv, RAK Petroleum, Reflex Publishing, Scandpower, Simmons & Co International, Superior Energy Services, Total Waste Management Alliance plc, Western Digital, Weir Group and Tisics.
Sharon Stultz-Karim has more than 20 years' experience in the international oil and gas industry, beginning her career as a production engineer, then moving on progressively to reservoir engineering, petroleum economics and US federal and host state national petroleum regulation and policy before joining Hugh Fraser International Legal Consultants. Among her many accomplishments, Sharon was instrumental in developing host state national petroleum policy as Senior Petroleum Policy Advisor to the Government of Papua New Guinea.
Ian Kelly has a bachelor of law degree with first class honours specialising in oil and gas law and has also graduated from Harvard Business School's Advanced Management Program. He has held various positions of increasing responsibility for both Precision and Santa Fe Drilling - culminating in the office of president of Precision Drilling International. He has undertaken extended assignments in various world locations and was heavily involved in many aspects of the businesses including major restructuring and their purchase and sale for in excess of US$2.5bn. During his career Ian has been involved in all aspects of the running of an international business - including HSE, operations, commercial, legal, tax planning, implementation of tax efficient strategies and HR. He has been an officer of, and has sat on the board of directors of, many international companies. He was also involved in a number of initiatives during his career including being a member of the drafting committee of both IADC and CRINE standard contracts, many of which are still in use to this date.
Media Contact:
Deborah Plumstead, Bridie Probert or Nicola Gregson
Fifth Ring Integrated Corporate Communications
Tel: + 971 4 3116789
Email: deborah.plumstead@fifthring.com, bridie@fifthring.com nicola@fifthring.com
© Press Release 2008
