Domain Specific Job Skills and Competencies
Leveraging the Best of Digital Transformation, Data Analytics and Artificial Intelligence AI
CPD402-1
1 Week Training Program
Professional Drilling Contract Management Skills
Building Skills & Competencies in
Ensuring Contract Administration is Aligned to Drilling Objectives
Ensuring Protecting your Organization from Avoidable Liability & Avoidable Claims
- Risks & Risk Assignment on Drilling Projects
- Contract Communications & Administration Processes
- Mitigating & Resolving Drilling Variations & Liability Events
- Building & Keeping Updated a Drilling Contract Administration Knowledgebase
www.eurotraining.com/bro/cpd402-1.php
1 Week Training Programs
London
| New York
|
Seattle, USA
| New Delhi
|
Kualalumpur
| New Delhi
|
London
| New York
|
Seattle
| Istanbul
|
New Delhi
| Kualalumpur
|
New Delhi
| London
|
New York
| Seattle, USA
|
London
| Dubai
|
Kualalumpur
| Dubai
|
London
| New York
|
Seattle, USA
| Istanbul
|
New York
| Dubai
|
Kualalumpur
| London
|
Useful Links
What is Covered in this Program?
This Training provides the Knowledge, Skills & Competencies to Ensure Drilling Contracts are Administered Such that they Assist in Meeting Drilling Project Objectives, Protect your Organization from Unnecessary Actions or Inactions Induced Liability and Ensure Organization does not become Liable for Avoidable Claims. Drilling Projects are subject to underground data uncertainty, technical risks and missed mitigation opportunities. This program will provide the knowhow to prevent these risks from disrupting drilling operations, adding costs to the parties, delaying the works and cause opportunity and material loss.
Participant will understand how Drilling Contracts are designed to clarify extent of liability of the parties on as many of these risks.
Contract administration task related skills taught in this program include Monitoring the compliance of contract conditions by the parties, sending any notices required, replying to notices received, keeping drilling professionals and others inside organization informed of situations needing attention, ensuring there is documenting of any facts that support your position as credible evidence, negotiating resolution with other parties, communicating basis of Variation, Compensation or Claim Calculations to concerned staff, ensuring other party fulfills all its contractual obligations, verifying accuracy of Invoices Submitted, preparing periodic reports to management on progress of Project from Contractual Point of view, and, Guiding the Final Contract Closure to ensure all organization's Rights are protected.
This program will build understanding and skills about these above tasks, Drilling Risks, Understanding the Contract and Legal Assignment of these Risks, Understanding the Contract Administration that must be done to ensure your organizations interests are protected, Ensure the facts are documented, solutions are found quickly, Risk event impact is minimized, Compensation payable to the contractor properly calculated, disputes resolved and matters closed in a win-win manner.
This program will build skills and competencies in understanding Petroleum Drillings Complex Contractual and Technical Issues and solving the problem in a Win-Win manner.
This Training provides the Knowledge, Skills & Competencies to Ensure Drilling Contracts are Administered Such that they Assist in Meeting Drilling Project Objectives, Protect your Organization from Unnecessary Actions or Inactions Induced Liability and Ensure Organization does not become Liable for Avoidable Claims. Drilling Projects are subject to underground data uncertainty, technical risks and missed mitigation opportunities. This program will provide the knowhow to prevent these risks from disrupting drilling operations, adding costs to the parties, delaying the works and cause opportunity and material loss.
Participant will understand how Drilling Contracts are designed to clarify extent of liability of the parties on as many of these risks.
Contract administration task related skills taught in this program include Monitoring the compliance of contract conditions by the parties, sending any notices required, replying to notices received, keeping drilling professionals and others inside organization informed of situations needing attention, ensuring there is documenting of any facts that support your position as credible evidence, negotiating resolution with other parties, communicating basis of Variation, Compensation or Claim Calculations to concerned staff, ensuring other party fulfills all its contractual obligations, verifying accuracy of Invoices Submitted, preparing periodic reports to management on progress of Project from Contractual Point of view, and, Guiding the Final Contract Closure to ensure all organization's Rights are protected.
This program will build understanding and skills about these above tasks, Drilling Risks, Understanding the Contract and Legal Assignment of these Risks, Understanding the Contract Administration that must be done to ensure your organizations interests are protected, Ensure the facts are documented, solutions are found quickly, Risk event impact is minimized, Compensation payable to the contractor properly calculated, disputes resolved and matters closed in a win-win manner.
This program will build skills and competencies in understanding Petroleum Drillings Complex Contractual and Technical Issues and solving the problem in a Win-Win manner.
Who Should Attend?
This training program is intended for Drilling Contract Professional, Legal Team and Drilling Professionals and Project Managers.
This program will also be extremely useful for Drilling Professionals working on Site for any stakeholder.
This program is also intended to provide essential coordination and team-working insight to Professionals working in Drilling Facing Finance, Accounting, Inventory, Logistics, Drilling Supervising Management, Safety and Environmental Units.
This training program is intended for Drilling Contract Professional, Legal Team and Drilling Professionals and Project Managers.
This program will also be extremely useful for Drilling Professionals working on Site for any stakeholder.
This program is also intended to provide essential coordination and team-working insight to Professionals working in Drilling Facing Finance, Accounting, Inventory, Logistics, Drilling Supervising Management, Safety and Environmental Units.
Program Content & Modules
Professional Drilling Contract Management Skills
Understanding the Big Picture Business Aspects of Drilling Projects
Understanding the Contractual arrangements on Drilling Projects
(1) Type of Drilling Contract (Footage, Daywork, Turnkey)
(2) Applicable Laws
(3) Rights & Responsibilities of the Parties
(4) Indemnity Provisions
(5) Insurance
(6) Specific Drilling Risks & Liabilities
(7) Performance Related Liabilities
(8) Warranties
(9) Guarantees
(10) Damages Claimable by the Parties
(11) Variation Provisions
(12) Force Majure
(13) Payment Processes
(14) Remedy on Breach of Contract
(15) Termination of Contract
(16) Assignment
(17) Novation of Contract
(18) Contract ClosedownDrilling Technology & Methods for Contract Administrators
Day-to-Day Operational Decisions taken by Drilling Managers and Professionals
Oil & Gas Drilling Deliverables and Tasks for Contract Professionals
Risks on Oil & Gas Well Drilling by Well Type
Usual Cost Increase Events on Drilling Projects
Understanding Drilling Contracts & the Risk Distribution between the Parties
Ensuring Compliance with Procurement Policies and Procedures
Preparing a Monitoring Plan for Checking Compliance with Contract Requirements
Verifying Compliance of contract conditions by other party
Sending Notices to other parties where required by Contract or Law
Effectively Replying to notices received
Keeping drilling professionals and others inside organization informed of (contractual) situations needing attention
Ensuring there is documenting of any facts that support your organizational position as credible evidence
Negotiating resolution of Disputes with other Drilling Project parties
Analyzing and Evaluating basis for Variation
Assisting Compensation or Claim Calculations to concerned staff
Verifying accuracy of Invoices Submitted
Preparing periodic reports to management on progress of Project from Contractual Point of view
Maintaining Proper Organized Records for Each Variation Order, Claim, Subcontractor Variation, Invoices
Maintaining Proper Organized Records for Each Issue of Importance
Setting-up an Early Warning System for Emerging Problems on the Drilling Project
Guiding the Final Contract Closure to ensure all its organization's Rights are provided
Program Recommendations
Outline Drilling Contract Management Improvement Outline Action Plan
1 Week Training Program
Outcomes & Takeaways
Outcomes and Takeaways Overview
Knowhow and Technology Transfer to the Participants. Building relevant Understanding, Competencies & Process Knowledge.
Multi-discipline understanding of Program Topics.
Means that post program when participant takes decisions, related to his work, participant will automatically and subconsciously consider and take into account (as applicable) Internal & External Customer Needs and Expectations, Operational & Strategic Objectives, Regulatory Aspects, Industry Standards, Technology Options, Understand Helpful Modern Tools and Methods, Understand Risks, Actions for Increasing Productivity, Legal & Contractual Aspects, Intellectual Property Aspects, Safety, Security, Audit, Cost Benefit Aspects, Value Engineering Opportunities, Key Performance Indicators, Meaningful Performance Evaluation System, and, Data Analytic Opportunities.
This type of understanding and habit otherwise develops after years of rich and diverse work experience. (few get this opportunity)
Knowledge Framework outline which will enable the participant to understand and learn the right lessons from his own past, present and future on-the-job experience.
Training that will empower the participant to identify, support and implement improvements in his work area, team, section, department, and organization.
This 1 Week Training Program participant will typically take away...
Program related knowhow, skills, competencies and process knowledge.
This program will use case studies and benchmarked Good and Best Practices to enhance participant understanding and competencies.
Domain Knowledge and process knowledge.
The participant will become empowered and should become more Productive, Effective, Efficient, Customer Focused and Strategic Focused.
At the end of the program, the Participant will prepare a Customized Outline Action Plan which will serve as the roadmap to implement some key improvements in his work area.
Knowhow and Technology Transfer to the Participants. Building relevant Understanding, Competencies & Process Knowledge.
Multi-discipline understanding of Program Topics.
Means that post program when participant takes decisions, related to his work, participant will automatically and subconsciously consider and take into account (as applicable) Internal & External Customer Needs and Expectations, Operational & Strategic Objectives, Regulatory Aspects, Industry Standards, Technology Options, Understand Helpful Modern Tools and Methods, Understand Risks, Actions for Increasing Productivity, Legal & Contractual Aspects, Intellectual Property Aspects, Safety, Security, Audit, Cost Benefit Aspects, Value Engineering Opportunities, Key Performance Indicators, Meaningful Performance Evaluation System, and, Data Analytic Opportunities.
This type of understanding and habit otherwise develops after years of rich and diverse work experience. (few get this opportunity)
Knowledge Framework outline which will enable the participant to understand and learn the right lessons from his own past, present and future on-the-job experience.
Training that will empower the participant to identify, support and implement improvements in his work area, team, section, department, and organization.
Program related knowhow, skills, competencies and process knowledge.
This program will use case studies and benchmarked Good and Best Practices to enhance participant understanding and competencies.
Domain Knowledge and process knowledge.
The participant will become empowered and should become more Productive, Effective, Efficient, Customer Focused and Strategic Focused.
At the end of the program, the Participant will prepare a Customized Outline Action Plan which will serve as the roadmap to implement some key improvements in his work area.
Benefits to the Organization Sponsoring Participants to this program
(Benefits made possible by Euro Training's unique, multidiscipline, customer focused, strategic focused, easy to understand and apply training methodology that relies on Industry Good and Best Benchmarked Practices)
Euro Training programs are different. They develop practical Job Skills.
This program is designed to make the participant aware of the domain processes, multi-discipline skills and competencies related to his job responsibilities.
Each program is customized and made useful for the particular participant group, our target is 90%+ topics directly applicable to the work today or in future.
Benefits you may see in participant post program...Inclination to Recognize his stakeholders, and their needs & expectations. He will also get understanding of how to analyze to find ways to exceed customer expectations and delight the customers.
High level Job skills & competencies
Taking Initiative to Propose Improvements in Work Responsibility Area.
Further, this program will Build Multi-Discipline Understanding, Skills and Competencies including (as relevant)...
Increased Technical and Process Knowhow
Awareness to the Need to align performance to the Needs and Expectations of Stakeholders/ Customers (internal & external)
Awareness of the Need to Align performance to Organizational Operational and Strategic Objectives.
Understanding Domain Good Management Practices, and, Awareness to meet Requirements and Recommendations of the Relevant Industry and Professional Standards.
Awareness to consider for possible application the Best Benchmarked Domain Practices that can assist making Dramatic Process Improvements.
Type of improvements the participant will be trained to analyze and implement include (as relevant) Productivity Improvements, Product and Service Differentiation and Exceeding Stakeholder & Customer Expectations.
Euro Training Instructors often act as mentors for participants (solely subject to instructor approval). Your participants can utilize this free service to ensure effective post program reinforcement and help when applying the ideas, skills and competencies acquired during the training.
Participant Individual Career Benefits
First, and most important benefit, is the positive self-esteem that will come from being able to do your work right first time and meet internal and external customer expectations.
Second, the Program developed Understanding, Skills & Competencies will help you successfully present your professional and Team skills at Job Interviews and Internal Performance Evaluation Reviews.
You gain a clear direction for analyzing, proposing and implementing improvements in his work area.
The outline action plan you prepare and take away after the program will help you take improvement initiatives and make a positive difference in your performance on the job, team, business unit or organization. This difference after implementation and when added to your resume will make you a prime candidate for career advancement in your own organization or in your next job.
Post program when you take decisions related to your work processes you will automatically consider (as applicable): Internal & External Customer Needs and Expectations, Technology Options, Helpful Tools and Methods, Consider Risks, Mitigate Risks, Take Actions that Increasing Productivity, Consider Legal & Contractual Aspects, Consider Intellectual Property Aspects, Pay attention to Safety and Security, Consider future Audit, Weigh Cost Benefit between options, Be Mindful of Key Performance Indicators (KPIs), Consider how Performance will be evaluated, and, Consider need for and Opportunity to Develop a Decision Support Knowledge Base, .... (and possibly more multi-discipline aspects).
First, and most important benefit, is the positive self-esteem that will come from being able to do your work right first time and meet internal and external customer expectations.
Second, the Program developed Understanding, Skills & Competencies will help you successfully present your professional and Team skills at Job Interviews and Internal Performance Evaluation Reviews.
You gain a clear direction for analyzing, proposing and implementing improvements in his work area.
The outline action plan you prepare and take away after the program will help you take improvement initiatives and make a positive difference in your performance on the job, team, business unit or organization. This difference after implementation and when added to your resume will make you a prime candidate for career advancement in your own organization or in your next job.
Post program when you take decisions related to your work processes you will automatically consider (as applicable): Internal & External Customer Needs and Expectations, Technology Options, Helpful Tools and Methods, Consider Risks, Mitigate Risks, Take Actions that Increasing Productivity, Consider Legal & Contractual Aspects, Consider Intellectual Property Aspects, Pay attention to Safety and Security, Consider future Audit, Weigh Cost Benefit between options, Be Mindful of Key Performance Indicators (KPIs), Consider how Performance will be evaluated, and, Consider need for and Opportunity to Develop a Decision Support Knowledge Base, .... (and possibly more multi-discipline aspects).
Registration Form
Fields marked with * are mandatory
Optional Fields
Fields marked with * are mandatory
Optional Fields
Registration & Fee Information
-
Fee information is also available at:
PROGRAM-FEE-PAGE
Special Discounts May be Available Please email scholarships@eurotraining.com.
-
To register please send us an official letter confirming registration (on organizational letterhead), or, send us a completed registration form above.
GET MSWORD REGISTRATION FORM
.
- Fees are Payable by Bank Transfer or Bank Draft.
Program Fee for 1 Week (5 day/30 hrs) Training Program is:
(1) At Dubai, Kuwait, New Delhi, Qatar £4,315 (USD $5,500) per participant.
(2) At London, US Locations, Europe, Malaysia, Singapore £4,747 (USD $6,050) per participant.
(3) If Attending Online Training Fee is £2,000 (USD $2,500) per participant.
Fee includes Course Materials, Certificate, Refreshments and Lunch (classroom programs).
Accommodation is not included in Program fee. Special rates may be available at venue hotel for participants.
A Special discount of 10% is offered for participants who pay their fees at least 45 days before start of the program.
Cancellation & Date Change: No Fee Refund if participant cancels his registration less than 3 weeks before start of the program. Alternate nominations may be allowed if requested atleast 2 weeks before program start. In case of exceptional hardship or emergency participant may be allowed to attend same program at another location or date on payment of 10% of fee.
All participants are required to fill in Participant Information Form and Program Related Questionnaire - on first day of the program.
Each program Undergoes Customization to Better Meet Participant Present and Future Job and Career Needs. Please be prepared to let the Instructor/s know about your organization's Special Needs, Interests or Initiatives.
It is always useful for participants to bring their existing problems or case studies, work-process flow charts or job related problems for discussion - consideration will be at sole discretion of the program director/s.
Provisional Registration : You can make a provisional registration request by sending us an email using an official email account. Provisionsl registration request, when confirmed by Euro Training, will reserve a seat for you for 14 days. After our Confirmation you have 2 weeks to send us an official registration request. Provisional registration is automatically cancelled at the earlier of (1) 2 weeks after Provisional Registration Confirmation if registration is not reconfirmed from your side (2) Two weeks before start of the program. We do request you to inform us ASAP you have decided either way.
Program Fee for 1 Week (5 day/30 hrs) Training Program is:
(1) At Dubai, Kuwait, New Delhi, Qatar £4,315 (USD $5,500) per participant.
(2) At London, US Locations, Europe, Malaysia, Singapore £4,747 (USD $6,050) per participant.
(3) If Attending Online Training Fee is £2,000 (USD $2,500) per participant.