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Optimizing Contract Compliance in the Changing Oil and Gas Industry

Views: 686 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
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  • The sources of risk and indicators that might suggest an oil and gas company is at risk
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  • The potential implications of not addressing these risks and how an oil and gas company might mitigate their risks
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  • How a contract risk and compliance program can help prepare companies for the new age of oversight
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    Guests:

     

  • Gary Adams, Vice Chairman and U.S. Oil & Gas Leader, Deloitte Consulting LLP
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  • Luis Castro, Contract Risk & Compliance specialist, Deloitte & Touche LLP
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  • Claude Francescott, senior manager, Capital Projects Consulting, Deloitte Financial Advisory Services LLP
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