E&P Technical Service ContractsPCTR/CPGB

Who should attend?

  • This course provides a comprehensive understanding of project contract and procurement issues as seen by an oil company and a contractor.
Audience :
  • Project engineers strongly involved in contractual issues of upstream Oil & Gas projects.

Level : Proficiency

Course Content

  • INTRODUCTION

      • Different types of technical contracts.
  • CONTRACTING STRATEGY

      • Assignment of main equipment.
      • Endorsement of the design dossier.
      • Interfaces between contracts.
      • Contractors.
      • Local content.
      • Monopole/oligopole.
      • Single sourcing/open book tendering.
      • Design competition.
  • CALL FOR TENDER PROCEDURES

      • 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.
  • LEGAL ISSUES

      • Interfaces between patrimonial agreements and operations contracts.
      • Legal issues and contract negotiation/administration.
  • LIABILITIES & INSURANCES

      • Insurance basis.
      • Knock for knock principle.
      • Risk management process.
      • Risk assessment and reduction.
      • Claim control for projects.
  • CONTRACT ARTICLES

      • Main agreement: articles and annexes.
      • Exhibits.
      • Examples of main articles.
      • Vendor lists.
  • CONTRACT ADMINISTRATION

      • Progress measurement and control.
      • Change orders.
      • Claim management.
  • PROCUREMENT ACTIVITIES

      • Procurement strategy.
      • Procurement management process.
      • Long lead items and critical equipment.
      • Inspection.
      • Material control.
      • Logistics and incoterms.
  • SPECIFIC TOOLS & REQUIREMENTS

      • Main agreements at holding level.
      • Design competition and open book tender.
      • Local content.
      • Certificates.
      • General limit of liabilities.
      • Guarantees.
      • Governing law.

Learning Objectives

  • Upon completion of the course, participants will be able to:
  • grasp the increasingly challenging contractual relations involved in an Oil & Gas project,
  • apply proven methods to solve the issues and put successfully a project in the right contractual framework.

Ways & Means

  • The course is illustrated by numerous examples taken from actual Exploration & Production projects.