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Draft Iraqi Arbitration Law
The legal system of arbitration in Iraqi legislation
New York Convention of 1958
Definition of Mediation, Conciliation, and Arbitration
Arbitration as means of solves disputes under Investment Contracts
Tax Law no 19 of 2010 and its instructions (main contractor and sub-contractor).
Double Taxation, Tax consideration, Branch vs. Subsidiaries.
Impact of Taxes on Petroleum Exploration and Development.
Stability Clause and change of Laws.
Definition of each type of contracts
Strategic role of contract management
Types of agreements under upstream contracts
Comparison between terms of contracts
Possible areas to implement each type of contract and why
Investigation on ability of selected contractors
Structured questionnaire survey in selected projects
Factors to contractors’ performance
Negotiation assessment: Understanding the interests, priorities, and goals of all parties
Understanding parties current culture, strength, and needs of the organization
Maximizing opportunity through pre-negotiation preparation
Dealing with irrational people and challenging relationships
Coaching and consulting
Negotiation preparation, improving communication by listening and asking questions
Negotiation system design: negotiate new and better deals, or renegotiate existing deals and resolve issues that are in dispute over the existing agreement
Making offers at the right time and in the right way
Transforming competition into cooperation – and opponents into partners
Managing teams of negotiators more effectively
Recognizing when to walk away from the table
How do IOCs decide where (in which host government) to risk the capital on exploration?
How does HG decide what to offer IOCs by way of Upstream Petroleum Regime Terms and Conditions?
Comparison of “Revenue Splits” and “Profit Splits” offered by respective HGs
List of significant UPR Terms and Conditions
Example focus area of UPR model form provisions: “approval standards” for Development Plan approval
Example focus area of model form provision appointment of arbitration and experts under applicable dispute resolution provision
Economic Rent
Families of system
Concessionary system, flow diagram, and cash flow projection
Production Sharing Contract, flow diagram, cash flow projection
Risk Service Contract, flow diagram, cash flow project
Accounting Concepts
Successful Efforts and Full Cost Accounting
Human resource management: theories, models , polices
Recruitment and selection.
Training and development.
Individual performance, attitude and behavior
Reward system and motivation.
Performance management.
Job design and redesign.
Employee involvement and participation.
Diversity and equal opportunities.
Labor economics.