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Seminars

Fundamentals of Oil & Gas Contract Management



Introduction:


This course will provide you with a solid foundation for understanding and assessing the key legal and commercial risks in different types and forms of contracts used in the oil and gas sector.  The continued accelerated pace of change in the oil and industry, its unique contract matrix, and high levels of investment combine to make it one of the world’s most challenging and complex sectors in which to understand, draft and negotiate contracts.  You will enhance your knowledge of the diverse range of oil and gas contracts, and raise your awareness of best practices in managing the supply chain process. Through this course, you will also appreciate how best to deal with the ripple effects of Macondo, knock for knock indemnities, local content requirements and dealing with NOCs. This course will highlight:

 

  • Major types of contract used in the oil and gas sector
  • Best practice in supply chain management
  • Key legal and commercial risk management issues
  • International dispute resolution frameworks
  • Negotiation tools and techniques

Course Objectives:


By the end of this course, delegates will be able to:

 

  • Appreciate the uses of various types of oil and gas contracts
  • Describe best practice in supply chain management
  • Identify, assess and manage key contractual risks
  • Evaluate the most appropriate way to dispute resolution
  • Perform more confidently in negotiations

Who Should Attend?


Procurement Managers, Purchasing Staff, Engineering, Operational and Maintenance Personnel, Contracts Engineers, Administrators, and Managers, Commercial, Financial and Insurance Professionals, Project and General Management, Contracts & Contracting Unit Professionals, Project Professionals, Procurement & Purchasing Staff, Purchasing Professionals and Procurement Officers, Commercial Professionals, Contract Administrators, Contract Administration Professionals, Contract Managers and Contract Professionals, Supply officers, Buyers, Project Coordinator’s, Project Managers and other Project Professionals, Claims Personnel, Legal Advisers, Contract Strategists, Business Audit Officers, Engineers, Project Construction Professionals, Contract Administrators, Contract Professionals and Project Coordinators, Buyers, Purchasing Professionals and Procurement Officers, Contracts Managers, Project Managers, Tenders, Contracts, Buyers, Purchasing, Financial Personnel, Tendering, Purchasing, Project Management Professionals, Engineering, Operational, Trade, Finance, and Maintenance Professionals, all others who are involved in the planning, evaluation, preparation and management of tenders, specifications, awards, and contracts that cover the acquisition of materials, equipment, and services and who are in organizations whose leadership want high levels of competency in those involved in these activities, those from a Project Management or General Management background who do not think they have sufficient understanding of contract issues, those new to the function, preparing for a major project, or experienced managers looking for a refresher, anyone involved in the management of risk, those involved in implementing and administering contracts and handling claims and change orders; also those involved in any conflict or dispute with a contracting party and interested to learn how to avoid or resolve these contractual issues, those involved in contract and business related negotiations, those involved in any aspect of implementing, managing or administering contracts in the post-award phase

Course Outline:


Main Types of Oil and Gas Contracts

  • Principles of petroleum law and industry
  • Exclusivity, mutual interest and confidentiality
  • Concessions/licenses
  • Hire, lease and rentals
  • Services and works agreements
  • Multi-party contracts

 

Managing the Supply Process

  • Overview of procurement best practice
  • Developing the scope of work
  • Qualifying suppliers
  • Managing the supply chain
  • Contract award and execution
  • Bribery and corruption

 

Key Contractual Issues and Their Management

  • Performance and penalties
  • Liabilities and indemnities
  • Force majeure
  • Pricing and payment
  • Termination
  • Local content requirements

 

Managing Contractor Performance

  • Identifying and managing supplier risk
  • Service level agreement
  • Key performance indicators
  • Changing the scope of work
  • Limiting and excluding liability
  • Use of bonds, guarantees and warranties

 

Dispute Management in the Petroleum Industry

  • Damages and other remedies
  • Litigation or arbitration?
  • Alternative third party dispute resolution
  • Enforcement measures
  • Negotiation, compromise, settlement

COURSE LOCATIONS

Code From To City Fee
CM25 27 Jan 2020 31 Jan 2020 Bali US$ 5500 Book
CM25 23 Mar 2020 27 Mar 2020 London US$ 5000 Book
CM25 04 May 2020 08 May 2020 Barcelona US$ 5500 Book
CM25 20 Jul 2020 24 Jul 2020 Kuala Lumpur US$ 4500 Book
CM25 28 Sep 2020 02 Oct 2020 Istanbul US$ 4500 Book
CM25 09 Nov 2020 13 Nov 2020 Beijing US$ 5500 Book


DUBAI OFFICE

Ittihad Deira Building,
Al Ittihad Rd, Deira
Dubai,
UAE

info@petrogas-training.com

USA OFFICE

642 E14 Street,
10009-13 Manhattan,
New York (NY)
USA

info@petrogas-training.com

EGYPT OFFICE

52 General Kamal Hejab Street,
Suez Bridge,
Cairo,
Egypt

info@petrogas-training.com
 

COURSE CERTIFICATE

Certificate of Completion will be provided to the candidate(s) who successfully attend and complete the course. Training hours attendance percentage of 75% is required.


TRAINING HOURS

Standard course hours: 8:30 A.M. to 3:30 P.M. Informal discussions: 4:30 P.M. to 5:30 P.M.


TRAINING METHODOLOGY

We use a blend of interactive and hands-on methods, active participation, a variety of instructional techniques, dynamic presentations, individual and group exercises, in depth discussion, DVD’s, role-plays, case studies, examples. All of the information, competencies, knowledge and skills acquired within our training programs, are 100% transferrable to the participants’ workplace.


ASSESSMENT & EVALUATION

Pre-Test and Post-Test Assessment are applied on 5-day and 10-day programs. Also, post course evaluation and candidate’s evaluation are applied to add another level of quality measurement. Candidates’ feedback is highly appreciated to elevate the training service quality.


ORGANIZATIONAL IMPACT

A- Have staff trained in the latest training and development approaches

B- Support nationalization and talent management initiatives

C- Have properly trained and informed people who will be able to add value

D- Gain relevant technical knowledge, skills and competencies


PERSONAL IMPACT

A- Develop job related skills

B- Develop personal skills in subject matter

C- Have a record of your growth and learning results

D- Bring proof of your progress back to your organization

F- Become competent, effective and productive

G- Be more able to make sound decisions

H- Be more effective in day to day work by mastering job-related processes

I- Create and develop competency to perform job well


FREQUENT NOMINATIONS SCHEME

A- 10% discount after 05 candidates’ registration.

B- 15% discount after 10 candidates’ registration.    

C- 20% discount after 20 candidates’ registration.

D- 25% discount after 25 candidates’ registration.

E- 30% discount after 30 candidates’ registration

F- Higher discount rates will be offered based on work volume with different clients.  


SEVERAL NOMINATIONS ON THE SAME COURSE SCHEME

A- One extra free seat is offered on 4 candidates on the same course and dates.

B- Two extra free seats are offered on 6 candidates on the same course and dates.

C- Three extra free seats are offered on 8 candidates on the same course and dates.

D- Four extra free seats are offered on 10 candidates on the same course and dates.

E- Five extra free seats are offered on 12 candidates on the same course and dates.


REGISTRATION POLICY

Nominations to our public courses are to be processed by the client’s Training and/or HR departments. A refund will be issued back to the client in the event of course cancellation or seat unavailability. A confirmation will be issued to the relevant department official(s). 


CANCELLATION POLICY

If a confirmed registration is cancelled less than 5 working days prior to the course start date, a substitute participant may be nominated to attend the same course or a 20% cancellation charge is applied. In case of a no-show, a 100% fee will be charged.


PAYMENT POLICY

Payment is due upon receiving the course confirmation, invoice and/or proforma invoice. However; the fee due can be wire transferred to our bank account directly after course completion. Our bank details are illustrated on the confirmation, invoice and proforma invoice, as well. The above documents can be communicated electronically, i.e., in a soft copy or/and in hard copy based on customer’s request.


COPYRIGHT

© 2017. Material published by PETROGAS shown here is copyrighted. © 2017. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing in any medium, transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.