Navigating non-operated joint ventures (NOJVs) presents unique challenges in incentivizing partners to align with the collective mission. This workshop will provide strategies, tools, and best practices that you can use to craft compelling incentive structures and in turn, drive collaboration, innovation, and shared reduction success with your NOJV partners. Attend to: 

• Identify key performance indicators (KPIs) and measurement techniques to assess partner contributions 
• Address the legal and regulatory considerations that may impact incentive structures within NOJV’s 
• Develop incentive structures that foster long-term sustainability and adaptability to changing market dynamics 
• Share real-world examples of effective practices that have facilitated collaboration and innovation  
• Discuss the delicate balance between risk sharing and reward-sharing to maintain equitable partnerships