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E-742 - Contracts & Procurement

5 days PL/CPGB
Level
Proficiency
Audience
  • This course is geared towards project engineers strongly involved in contractual issues of upstream Oil & Gas projects.
Purpose
  • This course provides a comprehensive understanding of project contract and procurement issues as seen by an oil company and a contractor.
Learning Objectives
  • Upon completion of the course, participants will be able to:
  • grasp the increasingly challenging contractual relations involved in an Oil and Gas project,
  • apply proven methods to solve the issues and put successfully a project in the right contractual framework.
Prerequisite
  • No prerequisites for this course.
Ways and means
  • The course is illustrated by numerous examples taken from actual exploration & production projects.
Observation
Durations serve as a guide and may vary depending on course organization, knowledge of the group of trainees and the client’s request. This module is part of the certification E-740C, which may be validated only after all modules have been completed.

INTRODUCTION 0.5 day
  • Different types of contracts.
CONTRACTING STRATEGY 0.75 day
  • Assignment of main equipment.
  • Endorsement of the design dossier.
  • Interfaces between contracts.
  • Contractors.
  • Local content.
  • Monopole/oligopole.
  • Single sourcing/open book tendering.
  • Design competition.
  • Interfaces between patrimonial agreements and operations contracts.
CALL FOR TENDER PROCEDURES 0.75 day
  • Tendering phase.
  • Prequalification.
  • Instructions to tenderers.
  • Tender schedule.
  • Tender evaluation procedure.
  • Inflation and currency hedging.
  • Final selection and contract award.
  • Single source contract.
  • Contractor bid preparation.
EPC CONTRACT CONTENT, CORE ARTICLES & EXHIBITS 1 day
  • Agreement (articles and annexes).
  • Exhibits.
  • Examples of main articles.
  • Vendor lists.
EPC CONTRACT, LIABILITY & INSURANCE 0.5 day
  • Insurance basis.
  • Knock for knock principle.
  • Risk management process.
  • Risk assessment and reduction.
  • Claim control for projects.
PROCUREMENT, EXPEDITING, STOCK MANAGEMENT, TRANSPORTATION & CUSTOMS 0.5 day
  • Procurement strategy.
  • Procurement management process.
  • Long lead items & critical equipment.
  • Procurement management organization.
  • Company control of procurement.
  • Inspection.
  • Procurement systems.
  • Material control.
  • Logistics and incoterms.
CONTRACT ADMINISTRATION 0.5 day
  • Progress measurement and control.
  • Change orders.
  • Claim management.
  • Closing, reception and warranties.
NEGOTIATION 0.5 day
  • Principles and methodology.
  • Case study.
2017 course calendar
Language Dates Location Tuition Register
Nov 13 - 17 Rueil €3,400 Online