Negotiation Skills for the Oil & Gas Industry

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Negotiation Skills for the Oil & Gas Industry

HOT Engineering - A Member of the HOT Energy Group
Logo HOT Engineering - A Member of the HOT Energy Group

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Starting dates and places

computer Online:
29 Aug 2022 until 2 Sep 2022

Description

DESCRIPTION

During this live and highly-interactive online course participants will learn to apply a structured approach to effective negotiating. Combined with the break-out sessions incorporated into this programme this is designed to improve your confidence in negotiating and to improve the outcome of your negotiations.
The bulk of this interactive course comprises realistic, oil industry-based negotiating scenarios based on a variety of commercial and non-commercial situations, which will be carried out in break-out groups and trainer-led discussion. This is underpinned with instruction in negotiating principles and methodology, as well as essential checklists for planning and reviewing.

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DESCRIPTION

During this live and highly-interactive online course participants will learn to apply a structured approach to effective negotiating. Combined with the break-out sessions incorporated into this programme this is designed to improve your confidence in negotiating and to improve the outcome of your negotiations.
The bulk of this interactive course comprises realistic, oil industry-based negotiating scenarios based on a variety of commercial and non-commercial situations, which will be carried out in break-out groups and trainer-led discussion. This is underpinned with instruction in negotiating principles and methodology, as well as essential checklists for planning and reviewing.

Course Structure: 10 modules of max. 2 hours each, delivered over 5 days
The first session will run for 2½ hours to allow for introductions, subsequent sessions will be 2 hours long. Each day will consist of 2 sessions (1 morning/1 afternoon) with a break of 10 minutes during each of the sessions, time will be allowed for questions and discussions.

Course Level: Foundation / Skill

DESIGNED FOR YOU, IF YOU ARE...

  • A professional working in the oil & gas industry, with little or no previous negotiating experience wanting to improve your abilities and confidence in this core business activity
  • A petroleum professional involved in commercial as well as inter-personal negotiations

HOW WE BUILD YOUR CONFIDENCE

This course content has been designed to be delivered via a live Remote Instructor-Led platform and consists of 10 modules delivered over 5 days.

THE BENEFITS FROM ATTENDING

You will be exposed to the Breakthrough Negotiation Strategy to help you achieve results in difficult and complex negotiations.
You will learn how to:

  • Plan and prepare for negotiations
  • Recognise the vital steps in a negotiated settlement and to exhaust one step before proceeding to the next
  • Improve your communication skills to achieve better results
  • Resolve impasse and handle difficult negotiations
  • Negotiate in teams
  • Negotiate in an international petroleum environment taking into account cultural differences

TOPICS

Understanding the Negotiation Process & Negotiating Outcomes

  • Negotiation as a process
  • Preparing for your negotiation
  • Initiating and Presentation
  • Discussion of negotiation scenarios


Communication and human behavior in negotiations

  • Effective verbal and non-verbal communication
  • Handling international negotiations
  • Recognising cultural differences
  • Overview of Bargaining & Presentation Stages
  • Virtual International Negotiations
  • Discussion of negotiation scenarios


Bringing the deal to a successful conclusion

  • Bargaining
  • Resolving impasse/concessions
  • Closing the deal
  • Team negotiations
  • Discussion of team-based negotiation scenarios


Breakthrough Strategies

  • To the balcony - keeping your eye on the prize
  • Disarm - stepping to the side
  • Change the game - reframing
  • Building the Golden Bridge
  • Bringing them to their senses, not their knees
  • Discussion of team-based negotiation scenarios


Conflict Management Styles and Disputes

  • Communication styles
  • Managing Conflict
  • Contract Disputes
  • Habits of successful negotiators
  • Wrap up session

COURSE FEE:
Please note that participants from Austria incur 20% VAT in addition to the disclosed net course fee.

HOT is an award-winning provider of training solutions for the energy industry. We pride ourselves in delivering excellence with each and every course session: Quality is always at the core of what we do.

Our top-notch courses, developed and taught exclusively by true experts, have been valued by the industry for over 30 years. Our training sessions equip our clients with powerful skills to remain competitive in an increasingly complex petroleum industry. We accelerate careers and empower people, striving to achieve the best possible results.

Our training portfolio covers all stages of the E&P value chain, as well as renewable energy, soft skills, and finance courses.

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There are no frequently asked questions yet. If you have any more questions or need help, contact our customer service.