- In-depth overview of all phases of Oil & Gas contracting
- Key principles and requirements of professional purchasing
- Best practice in supply chain management
- Commercial risk management issues
- Evaluate the most appropriate way to dispute resolution
- Negotiation tools and techniques
Course Contents
Module 1 - Types of Oil and Gas Contracts
Key Topics
- Principles of Oil & Gas Contracts
- Exclusivity, Mutual Interest, and Confidentiality
- Concessions/Licenses
- Leases and Rentals
- Services and Works Agreements
- Multi-Party Contracts
Module 2 -Managing the Supply Chain Process
Key Topics
- Overview of Procurement Best Practice
- Identifying and managing risk in Supply Chain
- Developing the Scope of Work
- Qualifying Suppliers
- Managing the Supply Chain
- Contract Award and Execution
- Bribery and Corruption
Module 3 -Key Contractual Issues and Their Management
Key Topics
- Performance and Penalties
- Liabilities and Indemnities
- Pricing and Payment
- Force Majeure
- Termination
- Local Content Requirements
Module 4 - Managing Contractor Performance
Key Topics
- Identifying and Managing Supplier Risk
- Service Level Agreements
- Key Performance Indicators
- Changing the Scope of Work
- Limiting and Excluding Liability
- Use of Bonds, Guarantees and Warranties
Module 5 - Dispute Management in the Petroleum Industry
Key Topics
- Damages and Other Remedies
- Negotiation, Compromise, Settlement
- Alternative Third Party Dispute Resolution
- Litigation or Arbitration?
- Enforcement Measures
- Open Forum – Questions and Final Review

