Petroleum Training

Oil Sales Contracts

Prices from


per person

Discounts available when booking for
more than one person per organisation

Aim of Presentation

To explain amongst other things how a contract is formed and what the effect is of a deal recap.
The talk will also look at how subsequent exchanges between the buyers and sellers respective contracts teams fit into this scenario and what happens if matters are not fully agreed in such subsequent negotiations between these contract teams.

Duration 75 Mins via

Topics Covered

  • Contract formation
    • Requirements
    • Timing
    • Battle of the forms
    • Last shot
  • When is a sale contract concluded?
  • Terms of a sale contract
    • Express terms
    • Implied terms
  • Interpretation of a contract

Your Speaker

David Clark

Director - Pequod Associates


+44 (0) 207 953 7988

David qualified as a solicitor in the 1990s. As a result of having previously worked as in-house counsel for one of the largest independent oil traders, he now specializes in petroleum shipping & trading claims. He also handles cargo recovery claims involving both petroleum & other commodities, as well as port and terminal disputes.
Besides acting for the cargo insurance market, his clients include refiners, oil traders & oil majors whom he assists with their sale contract & charter party disputes (principally demurrage & additional freight claims). He also provides guidance on the drafting of tanker charter party additional terms.
David is a regular speaker on matters such as laytime & demurrage, interim port & STS clauses, petroleum loss & sale contract terms.

Register Interest

The seminars take place on Webex and include additional time for Q&A’s throughout.

As there are a limited number of spaces available per session early booking is advisable.

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