Courses

How do you contract a rig, a support vessel or a well services package in an oil block shared by several partners? This Level 2 course shows you an upstream operator's contracting process from end to end: from the approved work programme and budget to the annual contracting plan, with realistic tender timelines and a strategy for each package; the stages of the contracting procedure, from the bidders list to the award recommendation and contract amendments; partner approval under the joint operating agreement (JOA); the delegation of authority matrix and segregation of duties; and the relationship with the national concessionaire and the regulator, including local content and cost recovery. With an Excel exercise, hotspots, a decision scenario and a case study, based on international good practice in the sector. The specific regime varies from country to country and from contract to contract. The course is delivered in Portuguese.

What you will learn

• Draw up a contracting plan aligned with the approved work programme and budget.
• Apply the typical stages of an operator's contracting procedure, from strategy to award and contract amendments.
• Prepare contracting documents for partner approval in line with the joint operating agreement.
• Apply the delegation of authority matrix and segregation of duties to a contracting process.
• Describe, in general terms, the interactions with the national concessionaire and the regulator in a contracting process.

Modules

1. Contracting planning in an upstream project83 min
2. Operator contracting procedures88 min
3. Partner approval77 min
4. Authority limits and internal governance67 min
5. Relationship with the concessionaire and the regulator75 min

Who it is for

Procurement and contracts staff at operators and partners