Oil & Gas Contract Management

The continued accelerated pace of change in the oil and industry and high levels of investment combine to make it one of the worlds most challenging and complex sectors in which to understand and manage contracts. A good scrutiny and overall analysis of oil & gas contracts to remove ambiguities and risky clauses can make the vital difference to bottom line success or failure of an organisation.

This Oil & Gas Contract Management training course will provide the participants with a solid foundation for understanding and assessing the key commercial risks in different types and forms of contract used in the oil and gas sector. The training course will help in enhancing the participants- knowledge of the diverse range of oil and gas contracts, and raise their awareness of best practices in managing the supply chain process. This training course will also enable a broad range of disciplines to appreciate and understand the complexities of the oil & industry, and how best to manage risk

• 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

• Acquire management and negotiation techniques
• Identify, assess and manage key contractual risks
• Manage force majeure and liability clauses
• Analyse key provisions in international oil and gas contracts
• Describe best practice in supply chain management
• Learn international dispute resolution in the oil and gas business
• Perform negotiations more confidently

• Contract administrators, negotiators and engineers
• Business development officers
• Business planners
• Supplier relations professionals
• Procurement professionals
• Engineering, operational and maintenance personnel
• Commercial, financial and insurance professionals
• Project and general management team members

Participants on the Oil & Gas Contracts Management training course will gain greater knowledge with the use of individual and group exercises aimed at helping participants learn all key contract management activities. The course also features the use of a number of case studies, presentations, and plenary discussions. Active participation to share delegates own experiences will be encouraged.

Pre & Post course assessments will be used to measure the effectiveness of this training.