Loading...
 
 
 
 
 
 

Optimizing Contract Compliance in the Changing Oil and Gas Industry

Published: 01 Dec 2009 Average Rating: unrated Print
 

Although Oil & Gas companies routinely deal with hundreds of complex contractual relationships across a vastly extended enterprise, minimizing contract risk and increasing contract compliance used to elicit mild interest. But with recent economic and oil price fluctuations, many executives overlook the importance of managing the performance and compliance of their extended business relationships and the associated risks. This Deloitte Insights podcast highlights the importance of this topic.

Highlights:

 

  • Why executives should be concerned about and involved in the contractual compliance of their extended enterprise, as well as the risks
  •  

     

  • The sources of risk and indicators that might suggest an oil and gas company is at risk
  •  

     

  • The potential implications of not addressing these risks and how an oil and gas company might mitigate their risks
  •  

     

  • How a contract risk and compliance program can help prepare companies for the new age of oversight
  •  

    Guests:

     

  • Gary Adams, Vice Chairman and U.S. Oil & Gas Leader, Deloitte Consulting LLP
  •  

     

  • Luis Castro, Contract Risk & Compliance specialist, Deloitte & Touche LLP
  •  

     

  • Claude Francescott, senior manager, Capital Projects Consulting, Deloitte Financial Advisory Services LLP
  •  


    This content is only available to paid members.

    Register Now or sign in
     

    Related Discussions

    Please sign in or register to post on this forum

     

    Rio Tinto
    2015-07-28 21:46:49

    Arbitration less popular than litgiation

    I am wondering if anyone else has noticed a trend of arbitration becoming less popular than litigation in developed countries where the judicial system is trusted, suc...
     
     
     
     
    Replies: 3

    Private
    2015-06-18 14:13:12

    Contract Process

    I want to share my company's process at a high level with a couple of things in mind. First, if it helps you, great. I'm happy to do so. Second, I am always looking ...
     
     
     
     
     
     
     
    Replies: 6

    AIA
    2015-05-17 22:11:00

    Sanction screening

    Is there a sanction screening process for new suppliers?
     
     
    Replies: 1

    KLA-Tencor
    2015-03-26 16:17:12

    Software click-wrap, click-through

    Often employees without signing authority are 'clicking' on software click-wrap, click-through, and/or automatic update agreements (collectively known as 'click-wrap a...
     
     
     
    Replies: 2
    Anonymous
    2015-03-11 10:08:04

    Granting IP ownership to a 3rd Party (UK)

    Does anyone know the legal position around assigning intellectual property rights to a third party that is not signature to the contract in question?
     
     
     
     
    Replies: 3

    Hewlett-Packard Co
    2015-03-03 16:40:40

    Indemnity (only) for Material Breach of an Agreement

    Where it was not specified previously, the 'other party' has redlined our SW license agreement to constrain the indemnification they offer us for the use of their soft...
     
     
     
    Replies: 2
    Anonymous
    2015-02-26 09:27:19

    Most Favored Nations Clause Validation

    Does anyone have any examples of best demonstrated practices related to validating a service supplier's compliance with a standard Most Favored Nations clause.
     
     
     
     
     
    Replies: 4
    Anonymous
    2015-02-17 20:42:08

    China Banking Regulatory Commission No 39 of 2915 - access to source code

    Hi members, in September 2014, the China Banking Regulatory Commission officially released > that requires banks to avoid dependence on information technology in a...
     
     
     
     
     
     
    Older entries »
    Replies: 5