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OIL & GAS COSTRUCTION CONTRACTS MANAGEMENT AND ADMINISTRATION ONLINE COURSE TRAINING

OIL & GAS COSTRUCTION CONTRACTS MANAGEMENT AND ADMINISTRATION FOR OIL & GAS ENGINEERS AND CONSTRUCTION CONTRACTS MANAGEMENT PROFESSIONALS AND LAWYERS

Language: ENGLISH

Instructors: BHADANIS QS INSTITUTE SINCE 2016

₹25500 27.45% OFF

₹18500

4 BHADANIS Institute Coins as Cashback

Why this course?

Description

Oil & Gas Construction Contracts Management and Administration is a specialized course designed to equip professionals with the knowledge, practical skills, and strategic insights needed to manage, draft, negotiate, and administer contracts in the oil and gas sector. The course covers the full contract lifecycle—from project planning and tendering to closeout and post-contract audits—while addressing legal, regulatory, financial, and risk management dimensions unique to the GCC and global oil and gas markets.


Why Is This Course Important for Oil & Gas Engineers and Construction Contracts Professionals?

  • Complexity of Projects: Oil and gas projects involve massive investments, multiple stakeholders, and high risks. Effective contract management is essential to ensure project delivery, cost control, and risk mitigation.

  • Regulatory Environment: The sector is subject to stringent local and international laws, environmental standards, and local content mandates. Understanding these is crucial to avoid costly non-compliance.

  • Dispute Prevention & Resolution: Well-structured contracts and robust administration help prevent disputes and facilitate efficient resolution when conflicts arise.

  • Career Advancement: Mastery of contract management is a key differentiator for engineers and professionals aspiring to leadership roles in project management, procurement, or legal departments.


Course Content Overview

Let’s walk through the course modules, highlighting what you’ll learn, how it applies in real projects, and practical tools you’ll use.


1. Introduction to Oil & Gas Contracts and Industry Overview

Overview of the Oil and Gas Industry

The oil and gas industry spans upstream (exploration/production), midstream (transportation), and downstream (refining/marketing). In the GCC, national oil companies (NOCs) like Saudi Aramco, ADNOC, and QatarEnergy dominate, often partnering with global majors.

Key Players and Stakeholders

Stakeholder Role
NOCs Project owners, regulators
EPC Contractors Engineering, procurement, construction
Service Providers Drilling, logistics, HSE
Regulators Enforce laws and standards
Local SMEs Supply chain, workforce

Importance of Contracts

Contracts define relationships, allocate risk, and provide a legal framework for project execution. In oil and gas, clear contracts are vital due to project scale, complexity, and exposure to risk.

Types of Contracts

Type Use Case
EPC Turnkey construction projects
Service Drilling, maintenance, logistics
Supply Equipment, materials procurement
JV/Operating Multi-party field development


2. Legal and Regulatory Framework

Petroleum Law: Global and Local

GCC countries have unique petroleum laws—often requiring a majority national share in resources and strict local content rules.

Regulatory Compliance and Standards

Projects must comply with standards like ISO, API, and local HSE regulations.

Local Content Requirements

Country Program Requirement
Saudi Arabia IKTVA 70% local procurement
UAE ICV 40% Emirati workforce
Qatar Tawteen 30% Qatari SME suppliers

Environmental and Safety Regulations

Zero flaring, carbon capture, and HSE audits are now standard in GCC contracts.


3. Contract Types and Structures in Oil & Gas

Exploration and Production Agreements

Define rights and obligations for resource development.

Joint Operating Agreements

Used in multi-party fields to allocate cost, risk, and decision-making.

Construction and Engineering Contracts

EPC contracts are common for major infrastructure.

Transportation and Sales Agreements

Cover pipelines, shipping, and LNG sales.


4. Pre-Contract Phase: Project Planning and Feasibility

Scope and Scale Assessment

Define project boundaries, deliverables, and interfaces.

Feasibility Studies

Assess technical, financial, and regulatory viability.

Budget Estimation

Cost models must factor in local content, supply chain, and risk contingencies.

Defining Project Requirements

Clear specs prevent scope creep and disputes later.


5. Tendering, RFP, and Bid Evaluation

Preparing and Issuing RFPs

Detailed RFPs attract qualified bidders and clarify expectations.

Bid Evaluation Criteria

Criterion Weight
Technical Compliance 40%
Price 30%
Local Content 20%
HSE Record 10%

Selection of Contractors and Suppliers

Shortlisting is based on compliance, experience, and price.

Prequalification Processes

Ensures bidders have the capacity and track record.


6. Drafting and Structuring Oil & Gas Contracts

Key Components and Clauses

  • Scope of Work

  • Payment Terms

  • Performance Guarantees

  • Change Management

Terms, Conditions, and Deliverables

Clear definitions and measurable deliverables are essential.

Risk Allocation and Liability Clauses

Balance between owner and contractor; e.g., knock-for-knock for offshore works.

Ensuring Clarity and Enforceability

Use plain language, define terms, and align with local law.


7. Negotiation Strategies and Techniques

Negotiation Planning and Tactics

Prepare BATNA, understand counterpart’s priorities, and use structured agendas.

Handling Multi-Party Negotiations

Align interests of NOCs, contractors, and regulators.

Achieving Win-Win Outcomes

Trade-offs (e.g., local content for schedule flexibility).

Dispute Resolution Clauses

Specify arbitration venues (DIFC-LCIA, SCCA, QICCA), mediation steps, and escalation paths.


8. Contract Award and Mobilization

Finalizing and Awarding Contracts

Board approvals and regulatory sign-off are standard.

Mobilization of Contractors

Deploy resources, secure permits, and set up site infrastructure.

Kick-off Meetings and Alignment

Align all parties on deliverables, timelines, and communication.

Communication Protocols

Set reporting lines, escalation paths, and digital document systems.


9. Contract Administration and Documentation

Contract Implementation and Administration

Monitor progress, manage payments, and enforce compliance.

Documentation Control and Management

Centralized digital platforms (e.g., ADNOC’s ICV Portal) for records.

Change Management and Amendments

Track variations, approvals, and cost/time impacts.

Record Keeping and Audit Trails

Maintain logs for payments, changes, and compliance for future audits.


10. Performance Monitoring and Compliance Management

Setting KPIs and Performance Indicators

KPI Target Actual Variance
Local Workforce (%) 50% 48% -2%
Flaring Compliance 100% 98% -2%

Monitoring Contractor Performance

Regular audits, site visits, and digital dashboards.

Compliance with Legal and Regulatory Requirements

Quarterly reviews with NOCs and regulators.

Managing Non-Conformance and Corrective Actions

Root cause analysis and structured action plans.


11. Financial Management: Pricing, Payments, and Cost Control

Pricing Structures and Payment Terms

Lump-sum, milestone, and hybrid models.

Managing Variations and Claims

Structured logs and timely documentation.

Cost Control and Budget Management

AI-driven dashboards for real-time tracking.

Financial Risk Mitigation

Hedging, insurance, and contingency reserves.


12. Risk Management in Oil & Gas Contracts

Identifying Contractual Risks

Risk Type Example Mitigation
Technical Equipment failure Predictive maintenance
Legal Regulatory changes Flexible contract clauses
Financial Price volatility Hedging, fixed-price contracts

Risk Assessment and Mitigation Strategies

Use risk matrices and allocate responsibilities.

Insurance and Indemnities

Performance bonds, CAR, and third-party liability.

Managing Force Majeure Events

Clear definitions and notification protocols.


13. Dispute Resolution and Claims Management

Types of Disputes

  • Payment delays

  • Scope changes

  • Local content shortfalls

Claims Preparation and Management

Detailed logs, supporting documents, and quantification.

Dispute Resolution Mechanisms

Mediation, arbitration, and litigation—each with pros and cons.

Case Studies of Dispute Resolution

Learning from real-world GCC projects.


14. Contract Closeout and Post-Contract Activities

Contract Completion and Handover

Joint inspections, punch lists, and training.

Final Payments and Release of Guarantees

Linked to defect liability periods and compliance.

Lessons Learned and Project Review

Workshops and feedback loops for continuous improvement.

Post-Contract Audits and Documentation

Archiving for future reference and compliance.


15. Case Studies, Best Practices, and Emerging Trends

Real-Life Case Studies

Saudi Aramco’s Jafurah Gas, ADNOC’s zero-flaring, QatarEnergy’s LNG expansion.

International Best Practices

Digital twins, blockchain for supply chains, and AI-driven compliance.

Digitalization and Technology

Centralized CLM platforms, IoT for real-time monitoring.

Emerging Trends and Future Challenges

Hydrogen, CCUS, ESG reporting, and evolving local content mandates.


Practical Example: How a GCC Project Applies These Concepts

Let’s imagine a major EPC contract for a sour gas field in the UAE:

Phase Key Actions Tools/Frameworks
Planning Feasibility, scope, RFP, prequalification RFP templates, bid evaluation sheets
Contracting Drafting, negotiation, risk allocation, award Digital contract platform
Mobilization Kick-off, resource deployment, HSE setup Mobilization checklists
Execution Progress monitoring, change management, compliance audits AI dashboards, compliance trackers
Closeout Final inspections, lessons learned, release of guarantees Closeout checklists, audit logs


Why This Course is Essential

  • For Engineers:
    Understand how contract terms impact project execution, HSE, and compliance. Gain skills to manage claims, variations, and disputes—crucial for project success and career growth.

  • For Contracts Professionals:
    Master the full contract lifecycle, from drafting to closeout. Learn to align contracts with national visions, manage risk, and leverage technology for efficiency and compliance.


In summary:
This course bridges engineering, legal, and commercial expertise, preparing professionals to lead successful oil and gas projects in the GCC and beyond. Through real-world examples, practical tools, and a focus on emerging trends, it empowers you to deliver projects on time, on budget, and in full compliance with evolving industry standards.

Course Curriculum

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