July 30, 2026
3:00 pm (UAE)
(approx. 2 hours including Q&A and break)
Upstream oil and gas professionals from non-legal backgrounds: supply chain management, procurement, commercial
Skill to review and negotiate FM clauses in upstream oil and gas with balanced risk allocation approach
Olga Labai brings more than two decades of international upstream oil and gas experience
To equip attendees with tools that allow to save millions of dollars and hundreds of hours on contracts
July 30, 2026
3:00 pm (UAE)
(approx. 2 hours including Q&A and break)
Recent events around the Strait of Hormuz are a sharp reminder that force majeure clauses are not boilerplate. In upstream oil and gas, disruption to shipping routes, supply chains, services, equipment movement or project schedules can quickly become a contractual problem — but the commercial outcome depends on the exact wording of the contract.
This free class will use the Strait of Hormuz as a practical context for rethinking force majeure provisions in oil and gas contracts. The session will focus on the questions procurement, contracts, commercial and technical professionals should be able to ask before a crisis occurs: what events are covered, what level of disruption is required, what notices must be given, what obligations are affected, and what happens to time, cost, liability and termination rights.
The session is not intended as an exhaustive legal analysis of current geopolitical events. It is a practical contracting discussion about how force majeure clauses operate when performance becomes delayed, restricted, unsafe or impossible.
Participants will leave with a clearer understanding of why force majeure drafting matters, how unclear wording can affect commercial outcomes, and which parts of the clause deserve closer attention in upstream oil and gas contracting.
And other non-legal specialists, who have exposure to revenue generating or procurement contracts as part of their roles (in upstream operators, suppliers and contractors)
Brings more than two decades of upstream oil and gas experience to teach how to save millions of dollars and hundreds of hours in contracting.
Olga Labai is a practising lawyer, senior upstream contracts specialist and trainer whose work spans operator-side, contractor-side and consultancy environments, including Sakhalin-2, Weatherford’s Iraq and Kurdistan operations, Deloitte Middle East and Dragon Oil.
Brings more than two decades of upstream oil and gas experience to teach how to save millions of dollars and hundreds of hours in contracting.
Olga Labai is a practising lawyer, senior upstream contracts specialist and trainer whose work spans operator-side, contractor-side and consultancy environments, including Sakhalin-2, Weatherford’s Iraq and Kurdistan operations, Deloitte Middle East and Dragon Oil.
Live class with Olga Labai
Exact time depends on length of Q&A part
Delegates will receive materials, including drafting, review and negotiations guide
To the session recording and materials (within 24 hours after session)
Oil and Gas Consultants has been on a consistent excellence journey for 10 years. People choose us because of our pragmatism – any training must contain practical take-aways to transform their organization’s contracting practice and, as a result, save millions of dollars and hundreds of hours a year.
“Olga is a professional legal instructor who can deliver the information in the right way. She has a good background and experience which needed to add a value to the audience…”
“I recently attended Olga’s course Understanding Contractual Terms and Conditions at Maersk Training Centre in Dubai South. It was a great experience learnin g from someone with a clear passion for the subject, and an interesting background in the in“dustry. This course is highly recommended for people that deal with contracts on a regular basis but do not have the necessary legal background to confidently manage it. Looking forward to future related courses…”
“I attended 2 day training on “Understanding Terms and Conditions in the Contract” with Olga, one day of which covered commercial part of the contract (legal theory of LDs, payment provisions, termination/suspension, SoW etc.) and second day covered all the legal contractual concepts (indemnity, liability, consequential and catastrophic losses) …”
“I attended 2 day training on “Understanding Terms and Conditions in the Contract” with Olga, one day of which covered commercial part of the contract (legal theory of LDs, payment provisions, termination/suspension, SoW etc.) and second day covered all the legal contractual concepts (indemnity, liability, consequential and catastrophic losses) …”
“I attended 2 day training on “Understanding Terms and Conditions in the Contract” with Olga, one day of which covered commercial part of the contract (legal theory of LDs, payment provisions, termination/suspension, SoW etc.) and second day covered all the legal contractual concepts (indemnity, liability, consequential and catastrophic losses) …”
“Olga’s insights and excellent delivery helped us to understand the legal and regulatory issues around JV agreements. I would gladly recommend Olga to any organization that is interested in improving the legal aspect of its business.”
“Olga delivered in-house contract course for my team, we went through newly drafted Revenue Generating Contract Procedure and covered many contractual concepts like liabilities, indemnities, special (catastrophic) events etc. I enjoyed Olga’s style of delivery, all the exercises, engagement and interaction. Recommended!”
Olga is an excellent teacher. Her broad knowledge on overall contracting chains in the LNG Industry, give us opportunity even to learn and discuss with her on matters beyond the course in the subject. Her energetic teaching style keeps all students remain attentive to the course topic under discussion… read more
