Contract Management for Oil & Gas Projects

Course Overview

This course develop skill of  contract management  in the oil and gas industry, in order to project and business objectives are to be met in a competitive environment also to ensure compliance with the contract. This training explains principal types of oil and gas contracts, strategic purchasing and procurement practices, key contractual issues, and their management, contractor performance and dispute management in the petroleum industry

The participant will be able to :

·       Understand of contracts in a legal framework

·       Learning of strategic purchasing and procurement practices

·       Explain the key contractual issues and their management

·       Develop to managing contractor performance

·       Understand of dispute management in the petroleum industry

Duration

 5 days

Who Should Attend

·       Managers

·       Projects Manager

·       Asset Manager

·       Legal/ Commercial Manager

·       Finance Manager

·       Business Development Manager

·       Professional management  level in Oil and Gas Industry

Course Outline

Day 1 - Principal Types of Oil and Gas Contracts

·       Principles of Petroleum Industry contracts

·       Concessions/Licenses

·       Leases.

·       Sale, Purchase, and Transportation Arrangements

·       Services and Works Agreements

·       Multi-Party Arrangements

Day 2 - Strategic Purchasing and Procurement Practices

·       Strategic Purchasing and Supplier Integration

·       Role of Procurement Within an Organization

·       Integration of Organizational and Procurement Strategies

·       Project Procurement Management

·       Procurement Laws, Statutory/ Regularity Obligations

Day 3 - Key Contractual Issues and Their Management

·       Performance and Penalties

·       Liabilities and Indemnities

·       Pricing and Payment

·       Force Majeure

·       Termination

·       Local Content Requirements

·       Managing and Closing Contracts in Public Sector Procurement

·       Negotiations in Public Sector Procurement (Under Govt / PPRA Rules)

·       Case Study

Day 4 - Managing Contractor Performance

·       Identifying and Managing Risk and Performance

·       Service Level Agreements

·       Key Performance Indicators

·       Changing the Scope of Work

·       Limiting and Excluding Liability

·       Use Of Bonds, Guarantees, and Warranties

·       Procurement Management Tools and Techniques

Day 5 - Dispute Management in the Petroleum Industry

·       Damages and Other Remedies

·       Negotiation, Compromise, Settlement

·       Alternative Third-Party Dispute Resolution

·       Litigation or Arbitration

·       Enforcement Measures

·       E-Procurement Implementation in E&P Companies