Most Negotiated Terms 2024-25 Energy Sector

Overview

Oil and gas is an industry in transition. Commercial and legal teams are increasingly navigating a hybrid environment, part legacy, part emergent, where energy production and distribution models are evolving in real time. The need for more sophisticated commercial capability has never been more apparent. Energy companies now face a dual challenge: sustaining profitable legacy operations while investing in new technologies and business models.

The pace and complexity of this transition demands not just better negotiation, but fundamentally different negotiation. It calls for continuous engagement, scenario-based risk assessment, and long-term relationship management. This report offers insight to these trends and progress towards their realization. It also recognises the extent to which sustainable progress will depend on the adoption of new technologies, enabling faster, more adaptive and better informed contracts and negotiations.