+44 203 609 8690
info@lct.co.uk

+44 203 609 8690
info@lct.co.uk

Oil & Gas - Contract Management

Develop an in-depth understanding of all phases of contracting and how to manage contractual relationships in the oil and gas sector

Course Code: OG.4
Subject: Oil & Gas
Course Fee: £3,100 + VAT (20%)

Dates for this course:

26 Feb 2018 to 02 Mar 2018 London
11 Jun 2018 to 15 Jun 2018 London
01 Oct 2018 to 05 Oct 2018 London
     

Overview

The petroleum industry depends on contractors and other suppliers to provide the skills and resources for many parts of the supply chain. Upstream activities, such as seismic surveys or drilling, or downstream work, carrying out turnaround tasks in in the refinery, frequently require involvement from specialist contractors and sub-contractors. In a world where oil prices are volatile, it is even more important to be efficient and effective in creating appropriate contractual relationships, and then managing them to ensure high-quality performance.

This one-week programme gives delegates deep insight into the important aspects of working within a contractual relationship in the oil and gas sector: for example, how does the contract management function ensure its subsea equipment maintenance contractor delivers what he has promised? How can the procurement manager change a construction contract if he discovers that the scope of work has become out of date? How would a commercial manager set about negotiating a proposed price change when the pipeline contractor says that his costs of labour or materials have gone up? These and many other important topics will be examined and lessons learned from case studies, contract templates and real-life experiences drawn from the oil and gas industry.

Who should attend?

Learning Objectives

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

Course Content

Managing the Purchasing Process

Petroleum Industry Contracts

Managing Contractor Performance

Dispute Resolution in the Petroleum Industry

Contract Negotiation Skills and Practice in a Petroleum Industry Context

Testimonials
Thank you for the programme. I've certainly learned a lot and I'm delighted with the practical aspect of the training there was lots of group discussions and role plays.
General Manager
Petronas, Malaysia