Optimizing Contract Compliance in the Changing Oil and Gas Industry

Views: 697 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.



  • 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



  • 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


    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: 2
    2015-02-16 13:22:16

    IP issues in EPC and R&D contracts

    Please,can someone share knowledge on what are the key IP terms and conditions/clauses to seriously look out for in an EPC, and or R&D contracts?
    Replies: 1

    Eureqa Engineering Solutions Ltd
    2015-02-16 13:16:05

    IP issues in Research & Development Contract

    Please, can someone tell me what the key issues a contract professional should look and take care of in a Research & Development Contract
    Replies: 4

    Vail Resorts Management Company
    2014-11-13 11:17:14

    Canadian law

    Anyone have experience in using Canada law in a contract.
    Replies: 5
    2014-07-31 04:35:36

    statement of liability and risk appliable to supplier and client for procurement under any agreement

    Currently responding to a tender and we have been asked to prepare a statement of liability and risk applicable to both supplier and the client for procurements made u...
    Replies: 3
    2014-06-18 13:15:29

    use of law students as interns for contract review and related functions

    Has anyone utilized law students as interns for contract review or contract related functions within their organization? If so, can you please share any best practice...
    Replies: 3

    The Childrens Trust
    2014-04-07 19:15:46

    Social media and procurement

    Do you know about experiences and recommendations for using social media for procurement in the public sector?
    Replies: 2

    2014-03-28 10:12:25

    Orderly Transition clauses

    Recommendation for sources that have examples of orderly transition (post termination) provisions? Thx
    Replies: 1
    2014-03-26 14:34:06

    Virginia Contract Interpretation

    What principle to apply when two (or more) contract clauses are in contradiction?
    Older entries »
    Replies: 4