E&P Technical Service Contract

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E&P Technical Service Contract

HOT Engineering - A Member of the HOT Energy Group
Logo HOT Engineering - A Member of the HOT Energy Group

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Starting dates and places

computer Online:
27 Jun 2022 until 30 Jun 2022

Description

DESCRIPTION

Operators and main contractors are contracting/sub-contracting a wide range of their activities. The Service Contract is the tool for controlling the efficiency of the Contractor.

This course allows all stakeholders involved (company, contractors, sub-contractors) to better understand the contractual relationship, their rights and obligations, and gives a detailed review of the contract and its main features.
The course focuses on the service contracts put in place for supporting a drilling campaign: rig contract, drilling services contract, logistic support contracts, and covers all specificities of the various contracts.

Course Structure: 4 modules of 4 hours each, delivered ove…

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DESCRIPTION

Operators and main contractors are contracting/sub-contracting a wide range of their activities. The Service Contract is the tool for controlling the efficiency of the Contractor.

This course allows all stakeholders involved (company, contractors, sub-contractors) to better understand the contractual relationship, their rights and obligations, and gives a detailed review of the contract and its main features.
The course focuses on the service contracts put in place for supporting a drilling campaign: rig contract, drilling services contract, logistic support contracts, and covers all specificities of the various contracts.

Course Structure: 4 modules of 4 hours each, delivered over 4 days
Each day will consist of 2 x 2-hour modules including a 30 min. break in between.

Course Level: Skill
Instructor: Paul Adrian

DESIGNED FOR YOU, IF YOU ARE...

  • Contract engineer, contract administrator or any other actor involved in the relationship between the company and the contractors of a service contract
  • Driller or logistician interested in the contractual aspects of your operational activity (the "owner" of these service contracts)

HOW WE BUILD YOUR CONFIDENCE

  • Live instructor-led training
  • This course will give you a strong theoretical background through a solid and meticulous documentation, which you will be able to use in your working position as a reference
  • The course will also make extensive use of case studies and exercises

THE BENEFITS FROM ATTENDING

By the end of the course you will feel confident in your understanding of:

  • A drilling campaign Contractual Strategy
  • The full 'Call For Tender' process and its various forms
  • The Technical Service Contract itself and its main clauses in terms of performance of the contract, financial conditions, liabilities, insurances and legal clauses

TOPICS

The Contractual Strategy

  • Compliance - Ethics: Definition - Compliance Process - Individual Ethics
  • Legal Framework: The PSA / JOA / OPCO - Influence of the Patrimonial Agreement on the definition of a Contractual Strategy
  • Local Content: How the local content requirements are integrated and managed in the Contracts
  • Definition of the Contractual Strategy: Contract & Procurement scheme for a Drilling Campaign - Contract types - Management of Interfaces


Call for Tender

  • Prequalification: Prequalification detailed process - Example
  • Competitive CFT: Rules & Framework - Preparation & Guidelines - CFT document preparation
  • Other types of CFT: Design competition - Single Source - Open Book Tender
  • Bid Analysis and Contractor Selection


Bids Analysis and Contractor Selection

  • Technical Evaluation and Clarifications: Bids opening philosophies - Technical evaluation description - Example of technical evaluation matrix
  • Commercial Evaluation and Clarifications: Commercial evaluation description - Commercial clarifications, evaluation and report
  • Bid Comparison and Final Recommendation: Final Bid comparison - RTA - Approval Process
  • Typical Contract Conditions


Typical Contract Conditions

  • General: Status of the Parties - Assignment - Sub-Contractor
  • Performance of the Contract: Work Time Schedule and Progress Control - The Certificates - Guarantees & Warranties - Change Orders & Claims
  • Financial Conditions: Price structure - Price revision - Price perimeter - Invoicing conditions - Payment terms - Liquidated Damages
  • Liabilities and Insurances: Various Liability principles - Insurances - Limitation of Liability
  • Legal Clauses: Suspension - Termination - Force Majeure - Applicable Laws - Governing Law - Claims - Settlement of Disputes - Liens - Compliance with Laws

COURSE FEE:
Please note that participants from Austria incur 20% VAT in addition to the disclosed net course fee.

HOT is an award-winning provider of training solutions for the energy industry. We pride ourselves in delivering excellence with each and every course session: Quality is always at the core of what we do.

Our top-notch courses, developed and taught exclusively by true experts, have been valued by the industry for over 30 years. Our training sessions equip our clients with powerful skills to remain competitive in an increasingly complex petroleum industry. We accelerate careers and empower people, striving to achieve the best possible results.

Our training portfolio covers all stages of the E&P value chain, as well as renewable energy, soft skills, and finance courses.

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