Laywer

Position : Commercial Lawyer

Experience : 15-25 Years

Qualification : Degree in Law

Role & responsibilities

A commercial lawyer specializing in the international trading of crude oil plays a crucial role in facilitating and safeguarding transactions in this complex and high-stakes industry. Effectively manage the legal aspects of international crude oil trading, ensuring that transactions are conducted smoothly and in compliance with all relevant laws and regulations. Here are some key responsibilities:

Key Responsibilities:

1. Contract Negotiation and Drafting:
1. Sales and Purchase Agreements: Drafting and negotiating contracts for the sale and purchase of crude oil.
2. Transportation Contracts: Creating agreements for the transportation of crude oil, including charter party agreements for shipping.
2. Regulatory Compliance:
1. International Regulations: Ensuring compliance with international trade laws, environmental regulations, and sanctions.
2. Local Laws: Navigating the legal requirements of different jurisdictions involved in the trade.
3. Dispute Resolution:
1. Arbitration and Litigation: Handling disputes that arise from commercial transactions, such as breaches of contract or delivery issues.
2. Mediation: Facilitating negotiations to resolve conflicts amicably.
4. Risk Management:
1. Hedging Strategies: Advising on financial instruments to manage price volatility.
2. Insurance: Ensuring adequate insurance coverage for transportation and other operational risks.
5. Due Diligence:
1. Mergers and Acquisitions: Conducting legal due diligence for transactions involving oil companies.
2. Joint Ventures: Assessing the legal implications of partnerships and collaborations.
6. Corporate Governance:
1. Compliance: Advising on corporate governance issues and ensuring compliance with corporate laws and regulations.
2. Board Responsibilities: Guiding board members on their legal duties and responsibilities.
7. Intellectual Property:
1. Protection: Safeguarding proprietary technologies and processes used in the oil and gas industry.

Skills and Competencies:

• Legal Expertise: In-depth knowledge of international trade law, contract law, and oil and gas regulations.
• Negotiation Skills: Ability to negotiate complex agreements and resolve disputes.
• Analytical Skills: Strong analytical abilities to interpret legal documents and regulations.
• Communication Skills: Excellent verbal and written communication skills for interacting with clients and stakeholders.
• Cultural Competence: Understanding of different legal and cultural environments to navigate international transactions effectively.

Preferred candidate profile

Must have experience in Crude Oil, international Trading

Perks and benefits

Tax Free Salary, Fully Furnished bachelor accommodation , Indian Food, MEdical, Insurance