Contract Risk Management and portfolio management: issues and trends in Oil & Gas industry

(in lingua inglese)

• Rather than simply allocating risks between counterparts, an effective Contract Risk Management is about contributing to projects completion, timely and efficiently
• Many players report lengthy negotiations with EPC/Drilling contractors (up to 6-9 months long), that end up signing contracts which are only slightly different from the initial ones: this causes costly delays without adding a lot of value to the project itself or reducing risk significantly.