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SFE64 Technical Contract Document Writing and Preparation in the Oil &
Gas Industry

Duration: 2 Weeks

 

Course Objectives:

This course will show how to manage all aspects of contract writing and preparation effectively. You will find the logic behind contracting principles and practices as well as understanding the terms, techniques and tools for converting project needs into real time contracts. You will gain an understanding of the roles, responsibilities and expectations of the internal and external stakeholders involved in the contract process.Contract activities will be the focus of the course from requirements documentation through to contract closure, contract selection, revising and updating SOW's, risk management and negotiation

Course Overview

- Contract Management
- Authority and Negotiation
- Service Level Agreements
- Procurement Contracts
- Commitment Management
- Contract Visibility and Awareness
- Document Management
- Sales Contracts
- Communication Management
- Issue and Change Management
- Transaction Compliance
- Relationship Management
- Critical Success Factors
- Risk Management
- Contingency Planning
- Law of Contract
- Requirements for a Valid Contract
- Offer and Acceptance
- Formalizing the Agreement
- Capacity and Authority
- Warranties, Guarantees and indemnities
- Bidding Documents
- Termination of the Agreement
- Subcontract Management
- Outsourcing
- Contract Award, Negotiation Skills, Client Relationships


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