Oil and Gas Contract Management Training Course

Participants can create a contracting strategy aligned with operational need, market conditions and risk appetite.

• Contracting strategy linked to business case, schedule and technical requirements
• Make-or-buy analysis for specialist services, equipment and long-term support
• Market analysis covering supplier capability, capacity and geographic constraints
• Kraljic matrix applied to critical oilfield goods and services
• Contract management plan defining roles, approvals, records and decision gates
• Sourcing timetable aligned with engineering maturity and mobilisation requirements
• Stakeholder map identifying technical, operational, commercial and legal accountabilities

Participants can define a measurable scope of work that limits ambiguity and manages interfaces.

• Statement of work structure for services, construction and supply contracts
• Work breakdown structure connecting deliverables, milestones and payment points
• Acceptance criteria written for inspection, testing and operational handover
• Interface matrix assigning responsibilities between operator, contractor and third parties
• Technical specifications distinguishing mandatory requirements from bidder proposals
• Assumptions, exclusions and constraints recorded to prevent scope gaps
• Quality plans, inspection test plans and documentation deliverables specified

Participants can select pricing and payment arrangements suited to scope certainty and risk allocation.

• Lump-sum pricing used where scope and quantities are sufficiently defined
• Unit-rate schedules controlling measurable quantities and field variations
• Reimbursable contracts with cost definitions, caps and audit rights
• Target-cost mechanisms using pain-share and gain-share incentive structures
• Day-rate arrangements for drilling rigs and specialist personnel
• Price adjustment clauses using indices, currencies and escalation formulas
• Payment milestones tied to verified deliverables and acceptance evidence

Participants can manage a tender process that produces comparable, auditable and commercially useful bids.

• Invitation to tender packages containing instructions, scope and contract terms
• Prequalification criteria assessing safety, capability, financial strength and experience
• Bidder clarification protocols protecting fairness and controlled information release
• Tender timetable managing site visits, questions, submissions and evaluations
• Confidentiality undertakings and bid integrity controls during competitive sourcing
• Bidder deviations logged against scope, terms and commercial assumptions
• Tender receipt procedures preserving confidentiality, traceability and submission compliance

Participants can evaluate bids and prepare negotiations using evidence-based technical and commercial criteria.

• Weighted evaluation model combining technical, commercial and risk criteria
• Technical bid evaluation against mandatory requirements and acceptance thresholds
• Commercial bid normalization correcting currencies, exclusions and pricing assumptions
• Total cost of ownership analysis for equipment, maintenance and spares
• Clarification versus negotiation distinguished to protect process integrity
• Negotiation plan defining objectives, concessions, authority limits and fallbacks
• Award recommendation documenting rationale, approvals and residual risks

Participants can review key contractual clauses and identify their operational and commercial consequences.

• AIPN model agreement structures and commonly negotiated commercial provisions
• LOGIC contracting principles applied to oil and gas service relationships
• FIDIC forms compared for construction, plant and design responsibilities
• Order of precedence clauses resolving conflicts among contract documents
• Representations, warranties and conditions precedent distinguished for contract administration
• Governing law, jurisdiction and arbitration provisions assessed for project exposure
• Authority matrices controlling signatures, delegations and contractual commitments

Participants can assess contractual risk allocation and propose controls for major exposure areas.

• ISO 31000 risk register linking events, controls, owners and treatments
• Risk allocation principles matching control, capability and financial capacity
• Knock-for-knock indemnities applied to personnel and property exposures
• Consequential loss clauses examined against production interruption and revenue risks
• Limitation of liability caps tested against foreseeable loss scenarios
• Insurance schedules covering construction, marine, liability and professional exposures
• Force majeure clauses tested against disruption, notice and mitigation requirements

Participants can establish governance arrangements that support controlled mobilisation and accountable delivery.

• Kick-off meeting agenda confirming scope, interfaces, deliverables and communications
• Contract administration manual defining workflows, responsibilities and approval limits
• RACI matrix assigning contract holder, technical authority and commercial roles
• Document control register tracking revisions, transmittals and contractual correspondence
• Mobilisation readiness checks covering personnel, equipment, permits and certifications
• Governance calendar scheduling operational, commercial and executive review meetings
• Escalation routes for safety, performance, payment and dispute issues

Participants can operate a change-control process that protects scope, schedule and entitlement.

• Change control procedure from request through assessment, approval and implementation
• Variation notices issued within contractual time bars and authority limits
• Impact assessments covering cost, schedule, risk and technical consequences
• Change register recording status, value, approvals and outstanding evidence
• Constructive change indicators identified from instructions, access restrictions and delays
• Baseline comparison methods measuring deviation from contracted scope and schedule
• Written directions controlled to prevent unauthorized commitments and disputed work

Participants can monitor contractor delivery using measurable performance, assurance and corrective-action methods.

• Key performance indicators linked to safety, quality, schedule and cost
• Service level agreements defining response times, availability and reporting standards
• Performance dashboard combining leading indicators and lagging results
• Contractor audits examining records, controls, competence and field execution
• Nonconformance reports managed through containment, root cause and corrective actions
• Root cause analysis using five whys and cause-and-effect diagrams
• Performance review meetings documenting actions, owners, dates and contractual consequences

Participants can verify payment claims and maintain cost controls consistent with contract terms.

• Invoice verification matched against rates, quantities, milestones and acceptance records
• Timesheet controls for reimbursable labour and day-rate service contracts
• Open-book cost review testing allowable, allocable and supported expenditure
• Cost coding structures connecting contract values, commitments and forecasts
• Retention, holdback and milestone release conditions administered correctly
• Audit rights planned for records access, sampling and corrective findings
• Payment dispute logs tracking queries, responses, deductions and resolution dates

Participants can preserve contractual rights, analyse claims and prepare structured dispute responses.

• Claim notices preserving entitlement under time-bar and notification provisions
• Contemporaneous records including diaries, reports, correspondence and progress evidence
• Claim analysis separating entitlement, causation, quantum and mitigation
• Delay analysis methods using baseline programmes and critical path evidence
• Dispute escalation ladders from operational resolution to senior management review
• Mediation, adjudication, arbitration and litigation compared for contract disputes
• Settlement strategy assessing evidence, commercial exposure and relationship consequences

Participants can manage supplier obligations relating to ethics, subcontracting, local content and compliance.

• Subcontract approval controls preserving accountability for downstream performance
• Supply chain mapping identifying critical vendors, dependencies and single-source exposure
• Local content requirements translated into measurable contractor reporting obligations
• Anti-bribery clauses, due diligence and conflict-of-interest declarations reviewed
• Sanctions screening requirements incorporated into supplier onboarding and payment controls
• Human rights and labour provisions assessed within contractor management processes
• Supplier improvement plans addressing capability gaps and recurring performance failures

Participants can plan controlled suspension, termination and close-out while preserving evidence and asset value.

• Suspension rights assessed against safety, access, payment and default events
• Termination for convenience and default compared through notice requirements
• Demobilisation plans covering personnel, equipment, records and site reinstatement
• Final account procedures reconciling variations, claims, retention and outstanding payments
• Handover dossiers compiling certificates, manuals, warranties and as-built documentation
• Lessons learned reviews capturing contracting, delivery and supplier performance findings
• Records retention schedules preserving evidence for audits, claims and warranties

Participants can build, review and present a complete contract management pack for an oil and gas requirement.

• Contracting strategy aligned with project objectives, market conditions and risk appetite
• Scope of work, acceptance criteria and interface matrix assembled
• Pricing model and payment schedule justified against scope uncertainty
• Risk register allocating liability, insurance, mitigation and residual ownership
• Tender evaluation and negotiation plan supported by award rationale
• Governance, performance and change-control procedures integrated into one pack
• Capstone presentation defended against technical, commercial and operational challenge