Petrosync Distinguished Lecturer

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1 *HRDF Claimable *Claim 16 PDUs or 1.6 CEU with this course! (PMBOKTM Guide on Category Four Programs ) Oil & Gas Contract Management : Principles & Practices Master the Most Practical Approach to Manage Oil & Gas Contracts 3rd 7th November 2014 Kuala Lumpur, Malaysia Petrosync Distinguished Lecturer Jim Bergman Vice - President, Asia Pacific and Middle East IACCM Over 20 years of oil & gas commercial and procurement contract experience Led & managed supply base portfolios worth over US$1 billion Developed contracting processes for Fortune 500 companies Assisted numerous clients through all phases and steps of contracting, negotiation, strategic sourcing and bidding processes, and contract management processes, demonstrating savings in excess of $100 million Contracts attorney for a Fortune 500 petrochemical corporation was responsible for legal and negotiations support Course Objectives GAIN a better understanding of contracting strategies for high value Oil and Gas deals LEARN and APPLY current best practice and techniques for defining and managing contract risk and setting performance criteria BUILD flexibility into your contracts by reviewing the applicability of provisions EVALUATE the methodology and benefits behind standard contracts MINIMIZE your organisation s exposure through extensive risk portfolio management REVIEW key contractual differences between products, services and solutions MITIGATE disputes in oil & gas contracts through effective resolution mechanism, arbitration and mediation DIFFERENTIATE the various forms of Oil and Gas contracts and KNOW how to succeed in each of them Specially Designed for The course is designed for Contract Lawyers / Attorneys, Contract Managers & Executives, Contract Negotiators, Project Managers & Executives, Project Directors, Sales Contract Professionals, Project Leaders, Team Leaders, Supervisors, Contractors, Procurement Managers & Executives, Risk Managers & Executives PLUS anyone who is involved in Oil & Gas contracts. Supported by

2 Course Overview This highly interactive 5 days course will cover all the aspects and form the basis of binding obligations within the oil and gas industry. Delegates will get an unprecedented insight on how the world s leading oil and gas companies are handling their contracting challenges, the approach that best practice corporations are implementing and the way this affects the contract professionals. Using a combination of lectures, visuals, class discussions and real-life case studies, this course will present a logical and systematic approach to effective contract risk management. Petrosync Distinguished Lecturer Jim Bergman Vice - President Asia Pacific and Middle East IACCM Jim Bergman serves as Vice President of Asia Pacific and Middle East IACCM. Prior to joining IACCM,. Bergman was a contracts attorney for a Fortune 500 petrochemical HIS CLIENTS INCLUDING Aramco Shell Baker Hughes Total BP Malaysia Marine & Chevron Heavy Engineering DuPont MISC ExxonMobil Petronas Methanol General Motors Mimos Berhad Halliburton Sime Engineering Petronas Talisman Malaysia Sasol Tenaga Nasional and many more corporation, Amoco Corporation, and was responsible for legal and negotiations support to the procurement staff. He supported multiple locations globally, where he addressed strategic sourcing and legal issues concerning commodities and services valued at more than $1 billion annually.. Bergman s experience encompasses developing, negotiating and managing contracts for a wide array of projects with multiple clients. He has been extensively involved in establishing many customer-supplier relationships founded on strategic sourcing, supply chain management, performance metrics and measures, as well as Total Cost of Ownership principles, and has served as editor for publications focusing on the successes associated in such relationships. He has also led in developing and delivering both public and internal training programs. As a strategic management consultant, Jim has assisted numerous clients through all phases and steps of contracting, negotiation, strategic sourcing and bidding processes, and contract management processes, demonstrating savings in excess of $100 million. His audiences and clients have included attorneys, plus financial, operational and sourcing professionals from multinational corporations and the public sector. Jim holds a Law Degree and he is licensed to practice law in Illinois, Texas and Oklahoma, as well as various US federal courts.

3 Oil & Gas Contract Management: Principles & Practices 3rd 7th November 2014 MODULE 1: Contract Risks in the Oil, Gas and Petrochemical Industry MODULE 4: Key International and Cross-Cultural Contracting Issues 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 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 such as gross-negligence and fraud Review of Five Key Clauses in the Oil and Gas Sector 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 Resolving a Production Contract Dispute between an Operator and Contractor 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 Crude Oil Transport Contract Managing Risk on the High Seas 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? Negotiation Role - Master Services Agreement Negotiations for a Refinery and Oil Field Services Agreement MODULE 6: Key Equipment and Materials Contracts 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 Submit your Equipment and Materials Contract Templates for a Comparative Analysis

4 Oil & Gas Contract Management: Principles & Practices 3rd 7th November 2014 MODULE 7: Key Service Contracts Maintenance services Well completion services Environmental remediation services Transportation and logistics agreements Submit your Service Contract Templates for a Comparative Analysis MODULE 8: Multi-Party Contracting Scenarios Joint ventures in the oil industry Contractors and their sub-contractors creating a seamless support team Teaming agreements - risks and rewards Crude and product distribution agreements When Two JV Partners and Three Subcontractors Meet Over Coffee and a Production Facility Services Agreement - Without the Owner and Operator MODULE 9: Open Discussion on Existing Oil & 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 & Gas Contracts Critical Issues (covering types of partnerships JV, Consortium, Nominated Subcontractor etc) Critical Contract Clauses and Related Issues, Contractual Risks in Oil & Gas Contracts Risks Management in Oil & Gas Contracts Contractual Risks and Mitigation Measures in Oil & Gas Contracts, covering key contract terms and conditions, contractual risks, risks identification, mitigation and management Claims Management in Oil & Gas Contracts A win-win approach (or) Effective Management of Variations & Claims Disputes and Resolution Mechanisms in Oil & Gas Contracts Alternative Dispute Resolution in Oil & Gas Contracts Disputes Management in Oil & Gas Contracts Dispute Avoidance and Mitigation, covering causes of dispute, dispute resolution mechanisms, mediation, arbitration, ICC rules etc.

5 COURSE DETAILS Title : Oil & Gas Contract Management: Principles & Practices Date : 3rd 7th November 2014 Location : Kuala Lumpur, Malaysia INVESTMENT PACKAGES Please circle the package that you are attending! Investment Package Deadline 5 DAYS MASTERCLASS PROGRAMME CONSULTANT Name : Cay Aagen registration@petrosync.com Phone : Fax : IACCM Exam & Membership Per Pax Standard Price 31st Oct 2014 SGD $ 5,995 Early Bird Offer 3rd Oct 2014 SGD $ 5,795 Group Discount (3 or more Delegates) 31st Oct % discount for groups of 3 registering from the same organization at the same time Group Discount is based on Standard Price * To enjoy the promotion & discount offer, payment must be made before deadline * 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. 1st Delegate Name 2nd Delegate Name 3rd Delegate Name DELEGATES DETAILS INVOICE DETAILS Attention Invoice to: Fax: Company: Industry : Address: Postcode: Country: Please note: - Indicate if you have already registered by Phone Fax Web - If you have not received an acknowledgement before the training, please call us to confirm your booking. PAYMENT METHODS By Credit Card : Please debit my credit card: Visa MasterCard Card Number: AMEX s Ms Dr Others s Ms Dr Others s Ms Dr Others Security Code: Expiry Date: Name printed on card: By Direct Transfer : Please quote invoice number(s) on remittance advice PetroSync LLP Bank details: Account Name: PetroSync LLP Bank Number: 7144 Branch Code: 013 Account No: Name of Correspondent Bank : Standard Chartered Bank, 6 Battery Road, Singapore SWIFT Code of Correspondent Bank: SCBLSGSGXXX All bank charges to be borne by payer. Please ensure that PetroSync LLP receives the full invoiced amount. 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 programme 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. DETAILS Please accept our apologies for mail or that is incorrectly addressed. Please us at registration@petrosync.com and inform us of any incorrect details. We will amend them accordingly. CHARGES & FEE(s) - For Payment by Direct TelegraphicTransfer, client has to bear both local and oversea bank charges. - For credit card payment, there is additional 4% credit card processsing fee. 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.