The 10-Day Oil and Gas Contracts Training

In this Oil and Gas Contracts training course, participants will gain greater knowledge through presentations by an experienced international practitioner designed to both educate and challenge. This training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes exercises designed to improve and sharpen the skill sets of delegates in planning, negotiating and managing Oil and Gas contracts, through interactive session with case studies, role playing and discussion groups and scenario building. The objective of the interactive sessions is to enable participants to apply the knowledge and understanding gained during the training course to certain factual scenarios. This will help participants gain invaluable practical insights into managing the risks and enhancing their rewards and improving bottom lines for their corporations.

At the end of this 10-Day Oil and Gas Contracts training course, participants will:

• Appreciate the uses of various types of oil and gas contracts
• Identify, assess and manage key contractual risks
• Understand fully the EPCIC contracts and assess operational, commercial, legal and financial risks
• Compare the difference between EPCIC, EPCM and Alliance contracting methods
• Appreciate the essential elements of the different contract stages from pre to post tender then on to completion and delivery of project
• Address key issues faced during project lifecycle and how to tackle these through enforceable contractual clauses
• Avoiding pitfalls and ambiguous contractual terms
• Evaluate the most appropriate way to dispute resolution
• Perform more confidently in negotiations

This 10-Day Oil and Gas Contracts training course is suitable to a wide range of professionals but will greatly benefit Contracts and Procurement Professionals and Project Managers operating in complex offshore and onshore projects both in oil and gas and marine contracts whether at beginner, intermediate or advance levels including:

• Project and General Management
• Commercial and Contract Professionals
• Commercial Operation Professionals
• Contract Engineers, Administrator and Managers
• Procurement Supply Chain Professionals
• Risk Manager / Contract Risk Professionals
• Procurement Managers and Purchasing Staff
• Engineering, Operational and Maintenance Personnel
• Commercial, Financial and Insurance Professionals

Organisational Impact

All commercial activities attract risk, yet the oil and gas sector is different from most others given the level of government intervention and control.

Your organisation will benefit by:

• Providing contract management team with a fresh and rational approach to contracting
• Analysing and solving contract problems before they cause organisation in time and money
• Provide an eye-opener on the importance of clarifying contract ambiguities prior to signing of contracts
• Gives procurement and other project personnel fresh insights into negotiating of contracts
• Strategizing on risk management techniques that can be used in the contracts to safeguard organisations interests
• Senior management given options that are available to enable them to negotiate better terms and conditions of for upstream and downstream contracts
• Enhancing internal management capacity to manage contractual risks
• Exploring alternative ways of reducing the impact of risks and disputes on the organisation

Personal Impact

Attendees will gain by participating in this training course as a result of:

• Having a one-stop reference on all aspects of oil and gas contracts and effectively dealing with the problems that may arise
• Appreciating the different nature of oil and gas contracts
• Familiarising themselves with different contract clauses
• Dealing with Changes to contract terms, and differences in approach between standard contracts and bespoke contracts
• Detailed understanding of contract documents required for creation of an Oil and Gas Contracts and in particular EPCIC, EPCM and Alliance contracts
• Obtaining thorough guidance on contract negotiation techniques
• Knowledge of different contracting strategies to meet organization’s goals
• Applying supplier performance management techniques
• Reviewing the most appropriate forms of dispute resolution
• Enhancing your ability to effectively negotiate with confidence