This one-week course on Oil and Gas contract management aims to develop an in-depth understanding of all phases of contracting and how to manage contractual relationships in the oil and gas sector. The facilitators will use case studies, contract templates and real-life experiences drawn from the oil and gas industry to deliver this course. By the end of the course, delegates will have a thorough understanding on working within a contractual relationship in the oil and gas sector to address day-to-day challenges such as changing a construction contract when the scope of work becomes outdated or negotiating a proposed price change when the pipeline contractor says that his costs of labour or materials have gone up.

Who Should Attend

• Directors, managers, senior executives and decision makers involved in strategic and operational functions
• Managers of procurement, finance, legal, risk and supplier relations
• Senior executives who want to understand how to maximise competitive advantage in the Oil and Gas sector.

Learning Objectives

• Lead and manage procurement processes and contract discussions and negotiations
• Identify risks that contracts should address
• Employ contractual tools and techniques to increase competitive advantage
• Apply typical standard contract terms and conditions
• Initiate and develop better commercial contracts within their organisation
• Improve supplier performance through better contracts
• Plan and manage the resolution of contractual disputes

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