Oil and Gas Contracts Training
Future Connect Group provides training in " Oil and Gas Contracts Training " on various locations in London, Dubai, Abu Dhabi, Riyadh, Dammam, Jeddah, Bahrain, Qatar, Kuwait, Oman, Rome, and Islamabad.
Objectives
At the end of this seminar, you will:
- Appreciate the uses of various types of oil and gas contracts
- Describe best practice in supply chain management
- Identify, assess and manage key contractual risks
- Evaluate the most appropriate way to dispute resolution
- Perform more confidently in negotiations
Course Outlines
Day 1 – Principal Types of Oil and Gas Contracts
- Principles of Petroleum Law and Industry
- Exclusivity, Mutual Interest and Confidentiality
- Concessions/Licences
- Hire, Lease and Rentals
- Services and Works Agreements
- Multi-party Contracts
Day 2 – Managing the Supply Process
- Overview of Procurement Best Practice
- Developing the Scope of Work
- Qualifying Suppliers
- Managing the Supply Chain
- Contract Award and Execution
- Bribery and Corruption
Day 3 – Key Contractual Issues and Their Management
- Performance and Penalties
- Liabilities and Indemnities
- Force Majeure
- Pricing and Payment
- Termination
- Local Content Requirements
Day 4 – Managing Contractor Performance
- Identifying and Managing Supplier Risk
- Service Level Agreement
- Key Performance Indicators
- Changing the Scope of Work
- Limiting and Excluding Liability
- Use of Bonds, Guarantees and Warranties
Day 5 – Dispute Management in the Petroleum Industry
- Damages and Other Remedies
- Litigation or Arbitration?
- Alternative Third Party Dispute Resolution
- Enforcement Measures
- Negotiation, Compromise, Settlement
- Open Forum – Questions and Final Review
Future Connect Training Institute is a part of Future Connect Group. We provide intensive practical training in various subjects and jobs specific areas. The training courses are held around the year at various locations like London, Dubai, Abu Dhabi, Riyadh, Dammam, Jeddah, Bahrain, Qatar, Kuwait, Oman, Rome, and Islamabad.
