PetroSync - Oil and Gas Contract Management

PetroSync - Oil and Gas Contract Management

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  Supported By PETROSYNC’S LEGALSERIES Mastering the Practical Approach to Managing Oil and Gas Contracts 2 November—6 November 2015 Kuala Lumpur, Malaysia OIL&GASCONTRACT MANAGEMENT:PRINCIPLES& PRACTICES
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  2 Our Oil andGas Contract Management course is developed to help you effectively manage the terms and clauses in the contract through mastering the practical approach from assessing risks, negotiating and renegotiating, to managing contract to avoid disputes. LEGAL | OIL AND GAS CONTRACT MANAGEMENT: PRINCIPLES & PRACTICES How Does This Course Benefits You? Are your contracts prepare for the current market? Do you know that the risks have been changed by the current oil price and challenges in the economy ? Minimize Contract Risks Learn and apply current best practices and techniques for defining and managing contract risk to minimize risks in terms of financial and operational. Attain Better Position Identify the best time and strategy to negotiate or renegotiate the current contract according to the recent trends in O&G industry. Avoid and Mitigate Disputes Avoid disputes in oil and gas contracts through effective contract management for different types of contracts and mitigate disputes by resolution mechanism to maintain long term business relationship. Gain or Loss Negotiating Power? Can you renegotiate rates on the basis of the current market chaos ? Oil & Gas contracts are often complicated and high-risks across different phases of exploration and production. It is essential for the companies to be well-equipped from the stage of pre- awarding and throughout the lifecycle of contract. [email protected] | +65 6451 4500 | www.petrosync.com Course Overview Prepare for Market Uncertainties This course focuses on reviewing and reassessing the risks and challenges in the current contract and considering negotiations and renegotiations to ensure the contract is suitable to the current trends in market, such as oil price fluctuation. Includes Real Case Studies and Practical Exercises Different types of case examples of Oil and Gas contracts are included to allow delegates to study on existing types of contract and how to manage them effectively during several workshop sessions. You will also learn about international and cross-cultural contracting issues before entering contract to avoid contractual disputes. In addition to that, you will also be able to enhance your skills by practicing different approaches in contract management for different types of contract in each session.
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  3 LEGAL | OILAND GAS CONTRACT MANAGEMENT: PRINCIPLES & PRACTICES PetroSync Distinguished Instructor Who Needs This Practical & Consulting Over 20 years of oil and gas commercial and procurement contract experience which assisted clients through all stages of contracting, negotiation, strategic sourcing and bidding process, and contract management, demonstrating savings more than $100 million. He was a contract attorney for a Fortune 500 petrochemical corporation and was responsible for legal and negotiations support to the procurement staff. Training He has taught this program for 4 years, and it has been well- rated from the past attendees. He has also served as seminar instructor in topics like sourcing, contracting, law and negotiations. Jim Bergman Vice President Asia Pacific and Middle East IACCM  People involved in oil and gas contract—drafting, negotiating, monitoring and reviewing contracts.  People involved in assessing, defining and managing risks in oil and gas contracts Job Titles Include:  Contract Lawyers, Attorney  Contract Managers, Executives  Contract Negotiators  Project Managers, Executives, Directors, Leaders XXX  Sales Contract Professionals  Commercial Managers, Executives  Team Leaders  Supervisors, Contractors  Risk Managers, Executives PetroSync Inhouse Solutions PetroSync can tailor our courses to meet your specific needs at your preferred location and schedule. Contact us for more information at +65 6415 4500 or email to general @petrosync.com PetroSync Quality Assurance All PetroSync courses are developed with top quality to address all your training needs and purposes. Our courses are vetted strictly to ensure that we always deliver the best courses with the best industry expert. [email protected] | +65 6451 4500 | www.petrosync.com 08:00—09:00 Registration (Day 1) 13:00—14:00 Lunch 09:00—11:00 Session I 14:00—15:30 Session III 11:00—11.15 Refreshment Session I 15:30—15:45 Refreshment Session II 11:15—13:00 Session II 15:45—17:00 Session Iv (Last Session) Course Schedule  BP  Shell  Petronas  ExxonMobil  Talisman Malaysia  Petrofac  PTTEP  PT. Pertamina Clientele List & Past Attendees List
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  4 LEGAL | OILAND GAS CONTRACT MANAGEMENT: PRINCIPLES & PRACTICES Course Agenda — 5 Days [email protected] | +65 6451 4500 | www.petrosync.com MODULE 1 Contract Risks in the Oil and Gas and Petrochemical Industry  Assess how the risks have been changed by the current oil price and the challenges in the economy  Are your contracts prepared for the market risks?  Commercial contracting trends in the oil industry  Are your contracts current? Initiate a contract review process. MODULE 3 Contract Disputes  Determine the best course of action through applied risk assessment  Consider your termination rights and the consequences for your operations  Look for alternatives in penalty clauses and rights of release clauses  Enforcing clear language in unclear circumstances MODULE 5 Contract Negotiation Considerations  Can oil and gas enterprises renegotiate rates on the basis of the current market chaos?  Cost analysis models in contract negotiations— petrochemical sector issues and opportunities  Understand where the balance of power lies between operators and contractors  Have you gained or lost negotiating power due to recent trends in the oil and gas industry?  Assess your contracting in a changing international market  Key cultural considerations in contracting—from development and drafting to negotiation and relationship management  Where does ‘yes’ mean ‘no’, and ‘no’ mean ‘yes’, and other cultural nuances in contracting and negotiations?  Confronting a contractual breach—cultural considerations  Capital Equipment Agreements  Drilling Equipment Rental and Lease Agreements  MRO in the Oil Patch  Ensuring a reliable supply of materials in hard to reach places from offshore rigs to mountainous terrain Exercise:  Managing a Risk Portfolio through Multiple Contracts— Field Services Agreement Management MODULE 2 Key Contract Provisions  Reassessing indemnity and warranty clauses  Why is the knock-for-knock provision so relevant in the oil industry?  Understanding the full effects of Anti-Indemnity statutes in offshore scenarios  Considering alternative pricing clauses  Assess the limitations to the pollution clean-up clauses Exercise:  Review of Five Key Clauses in the Oil and Gas Sector Exercise:  Negotiation Role—Master Service Agreement  Negotiations for a Refinery and Oil Field Services Agree- ment MODULE 4 Key International and Cross-Cultural Contracting Issues Exercise:  Crude Oil Transport Contract—Managing Risk on the High Seas Exercise:  Resolving a Production Contract Dispute between an Operator and Contractor MODULE 6 Key Equipment and Materials Contracts Exercise:  Submit your Equipment and Materials Contract Tem- plates for a Comparative Analysis
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  5 LEGAL | OILAND GAS CONTRACT MANAGEMENT: PRINCIPLES & PRACTICES [email protected] | +65 6451 4500 | www.petrosync.com MODULE 7 Key Service Contracts  Maintenance Services  Well Completion Services  Environmental Remediation Services  Transportation and Logistics Agreements Exercise:  Submit your service contract templates for a compara- tive analysis  Joint ventures in the oil industry  Contractors and their sub-contractors creating a seamless support team  Teaming agreement—risks and rewards  Crude and product distribution agreements Exercise:  When two JV partners and 3 subcontractors meet over coffee and a production facility services agreement— without the owner and operator MODULE 9 Open Discussion on Existing Oil and Gas Contract Types and Approaches  Types of contracts—FEED Competition, EPC, EPCM, Reimbursable, Reimbursable convertible to Lump Sum, Lump Sum Turnkey etc. & their pros and cons  Partnerships and Alliances in Oil and Gas Contracts - Critical Issues (covering types of partnerships—JV, Consortium, Nominated Subcontractor, etc.  Critical Contract Clauses and Related Issues, Contractual Risks in Oil and Gas Contracts  Risk Management in Oil and Gas Contracts  Contractual Risks and Mitigation Measures in Oil and Gas Contracts, covering key contract terms and conditions, contractual risks, risks identification, mitigation and management  Claims Management in Oil and Gas Contracts - A win-win approach (or) Effective Management of Variations & Claims  Disputes and Resolution Mechanisms in Oil and Gas Contracts  Alternative Dispute Resolution in Oil and Gas Contracts  Disputes Management in Oil and Gas Contracts  Disputes Avoidance and Mitigation, covering causes of dispute, dispute resolution mechanisms, mediation, arbitration, ICC rules, etc. Register For This Course Now! You Might Also Be Interested In: Kindly fill up your particulars in the registration form placed at the end of this brochure, and send it to us or email to [email protected] EPCIC Contract Management 5 –7 October 2015 | Kuala Lumpur, Malaysia Legal Report Writing 8 –9 October 2015 | Kuala Lumpur, Malaysia LNG & Gas Contract Management 16 –20 November 2015 | Kuala Lumpur, Malaysia MODULE 8 Multi-Party Contracting Scenarios
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  6 By Credit Card: Pleasedebit my credit card: Visa MasterCard AMEX Security Code: Card Number: Expiry Date: Name Printed on Card: By Direct Transfer: Please quote invoice number(s) on remittance advice PetroSync Global Pte Ltd Bank Details: Account Name: PetroSync Global Pte Ltd Bank Name: DBS Bank Ltd Bank Code: 7171—Bank Swift Code: DBSSSGSGXXX—Branch Code: 288 Account No: SGD: 288-901898-0 USD: 0288-002682-01-6 Bank Address: 12 Marina Boulevard, Level 3. Marina Bay Financial Centre Tower 3. Singapore 018982. All bank charges to be borne by payer. Please ensure that PetroSync Global Pte Ltd receives the full invoiced amount. Title : Oil and Gas Contract Management: Principles & Practices Date : 2—6 November, 2015 Location : Kuala Lumpur, Malaysia COURSE DETAILS INVESTMENT PACKAGE DEADLINE FULL MASTERCLASS Standard Price 27 October 2015 SGD 5,995 Early Bird Offer 2 October 2015 SGD 5,795 Group Discount (3 and above) 27 October 2015 10% Discount INVESTMENT PACKAGES (Please Circle) Group Discount is based on Standard Price *To enjoy the promotion & discount offer, payment must be made before dateline * For 7 or more delegates, please inquire for more attractive package. * Prices include lunches, refreshments and materials. Promotion & discount cannot be combined with other promotional offers. * Important: Please note that registration without payment will incur a SGD 200 administration fee. COURSE CONSULTANT Name : Cay Aagen Email : [email protected] Phone : +65 6415 4500 Fax : +65 6415 4322 TERMS AND CONDITIONS DISCLAIMER Please note that trainers and topics were confirmed at the time of publishing; however, PetroSync may necessitate substitutions, alterations or cancellations of the trainers or topics. As such, PetroSync reserves the right to change or cancel any part of its published courseme due to unforeseen circumstances. Any substitutions or alterations will be updated on our web page as soon as possible. DATA PROTECTION The information you provide will be safeguarded by PetroSync that may be used to keep you informed of relevant products and services. As an international group we may transfer your data on a global basis for the purpose indicated above. If you do not want us to share your information with other reputable companies, please tick this box CANCELLATION POLICY You may substitute delegates at any time as long as reasonable advance notice is given to PetroSync. For any cancellation received in writing not less than fourteen (14) working days prior to the training course, you will receive credit voucher less a SGD $200 administration fee and any related bank or credit card charges. Delegates who cancel less than fourteen (14) working days of the training course, or who do not attend the course, are liable to pay the full course fee and no refunds will be granted. In the event that PetroSync cancels or postpones an event for any reason and that the delegate is unable or unwilling to attend in on the rescheduled date, you will receive a credit voucher for 100% of the contract fee paid. You may use this credit voucher for another PetroSync to be mutually agreed with PetroSync, which must occur within a year from the date of postponement. PetroSync is not responsible for any loss or damage as a result of the cancellation policy. PetroSync will assume no liability whatsoever in the event this event is cancelled, rescheduled or postponed due to any Act of God, fire, act of government or state, war, civil commotion, insurrection, embargo, industrial action, or any other reason beyond management control. CERTIFICATE OF ATTENDANCE 70% attendance is required for PetroSync’s Certificate of Attendance DETAILS Please accept our apologies for mail or email that is incorrectly addressed. Please email us at [email protected] and inform us of any incorrect details. We will amend them accordingly. CHARGES & FEE(S) - For Payment by Direct Telegraphic Transfer, client has to bear both local and oversea bank charges. - For credit card payment, there is additional 4% credit card processing fee. 1st Delegate Name: Direct Line Number: Email: Job Title: Department: Head of Department: Mr Mrs Ms Dr Others 2nd Delegate Name: Direct Line Number: Email: Job Title: Department: Head of Department: Mr Mrs Ms Dr Others 3rd Delegate Name: Direct Line Number: Email: Job Title: Department: Head of Department: Mr Mrs Ms Dr Others Attention Invoice to: Direct Line Number: Fax: Company: Industry: Address: Postcode: Country: Email: Please note: - Indicate if you have already registered by Phone Fax Email Web - If you have not received an acknowledgement before the training, please call us to confirm your booking. CONFIRMATION I agree to PetroSync’s terms & conditions, payment terms and cancellation policy. Authorized Signature: PAYMENT TERMS : Payment is due in full at the time of registration. Full payment is mandatory for event attendance. PAYMENT METHOD INVOICE DETAILS DELEGATES DETAILS