Stronger Negotiator series
Liquidated Damages Masterclass
For: operators, suppliers and contractors of any tier
Format: online live training
Duration: 2 hours (including Q&A)
Date: 1 August 2025
Time: 11:00 Mexico City
Free class
Designed for:
Upstream oil and gas professionals from non-legal backgrounds: supply chain management, procurement, commercial
You will achieve:
Skill to review and negotiate FM clauses in upstream oil and gas with balanced risk allocation approach
Trainer:
Olga Labai brings forward 20+ years of international upstream oil and gas experience
Our Focus:
To equip attendees with tools that allow to save millions of dollars and hundreds of hours on contracts
When you count time and money
Being a real “threat” to contracting parties in any project, delays in supply and delivery trigger discussion about liquidated damages. LD clause is one of the most contentious parts of contract preparation and negotiations. Find out how to minimize your risk with the essential knowledge required to negotiate a balanced and fair LD clause. In this practical guide, you will get clarity on all factors that must be taken into account in your contract negotiations and dispute resolution.
This session contains best practices for:
- Supply chain management professionals
- Contract engineers and managers
- Tender and bid preparation specialists
- Contract negotiators of all levels
- Project managers
- Operational and technical personnel
- Business development specialists
- Cost recovery and tax experts
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)
Difficulty level of this session:
Trainer: Olga Labai
I bring forward 20+ years of experience in upstream oil and gas to teach how to save millions of dollars and hundreds of hours on contracts.
- 1500+ students trained
- 2016-2019 CIPS Direct Associate
- 2015-1016 EIC resident trainer
2+ hours of live online session
Live class with Olga Labai, exact time depends on length of Q&A part
Presentation materials
Delegates will receive presentation materials (will be available within 24 hours after session)
Recording
Access to session recording (will be available within 24 hours after session)
OUR CLIENTS AND STUDENTS
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.
TESTIMONIALS
(verifiable via Linked In)
Vijayan Moolayil
Contracts Manager at Dubai Petroleum
I recently attended Olga’s O&G Upstream Contracts Masterclass which was rich in content and contemporary data. Olga took great efforts to deliver a tailor made course considering our specific requirements, this was of great value to our teams with diverse experience in contracts. Olga’s enthusiasm and humour ensured that we stayed engaged despite the heavy legal topics and online delivery. The final test was challenging, unlike the usual ‘tick-the-box’ exercises we come across with other providers; Olga had carefully crafted the questions to maintain the high standards of course objectives. Highly recommended for all levels of Upstream O&G Contracts professionals
Tripta Khatwani
Head-Contracts & Procurement- Petronas Abu Dhabi
I had the opportunity to attend Olga’s first virtual class on ‘Understanding Terms & Conditions in Upstream O&G’. As a contracts specialist in this industry, this course had a direct linkage to my work and turned out to be extremely beneficial for me. Olga is an incredible trainer. She brings forward her vast experience in the industry through this 3 day course. All the concepts are made easier to understand through illustrations, practical examples and exercises. Olga makes the course very interactive and manages to address and clarify all related queries. I highly recommend Olga as a trainer and a mentor 🙂
Maher Al Balushi
General Manager, Oman – Director of Business Development
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!