Laimoon.com

Oil and Gas - Contract Management - LCT International , Malaysia, Saudi Arabia, Singapore, Turkey, UAE, United Kingdom, Dubai, Riyadh, Kuala Lumpur, London, Istanbul

Wed, 14 May 2025 11:15:14 +04

Course Introduction:
Specialise in contract management within the oil and gas sector. This course covers negotiation, implementation, and management of contracts, ensuring compliance with industry standards and maximisation of operational efficiency.

Course Outcomes:
Lead and manage procurement processes and contract discussions and negotiations
Identify risks that contracts should address
Employ contractual tools and techniques to increase competitive advantage
Apply typical standard contract terms and conditions
Initiate and develop better commercial contracts within their organisation
Improve supplier performance through better contracts
Plan and manage the resolution of contractual disputes

Who Should Attend:
This is a stimulating and practical course designed for directors, managers, senior executives and decision makers involved in strategic and operational functions, including managers of procurement, finance, legal, risk and supplier relations and who want to understand how to maximise competitive advantage in the Oil and Gas sector.

Course Topics:
Managing the Purchasing Process

Overview of purchasing best practice
Creating interest from the market in your opportunity
The statement of work for an oil services contract
Results-based purchasing techniques
Evaluating supplier proposals
Is the lowest cost technically compliant bid the right one to choose?
Moving from bid to contract award

Petroleum Industry Contracts

Formation of the contract
Express and Implied terms
Typical features of exploration and production contracts and contracts for the supply of oil-related services
Local content contract requirements
Knock for Knock Liability considered
Anti-corruption measures in petroleum industry contracts
Case study exercises using oil contract examples

Managing Contractor Performance

Identifying and managing supplier risk
Getting and maintaining supplier contract performance
Service level agreements
Setting SMART objectives (SLA)
Key performance indicators (KPIs)
Contract governance; managing contractual variations
Why performance is Important and who is involved?
Post contract closure action

Dispute Resolution in the Petroleum Industry

Contract breaches and remedies
Termination of contract
Should we litigate?
Using arbitration mediation or conciliation as means to resolve contractual disputes
Strengths and weaknesses of ADR as an alternative to litigation
Dispute resolution scenario

Contract Negotiation Skills and Practice in a Petroleum Industry Context

Preparing for the negotiation
Understanding the position of the other side
Negotiation roles and tactics
Reaching an agreement
Knowing your Best Alternative to Negotiated Agreement (BATNA) - what happens if the negotiation fails
Negotiation role play

Cost: 4250 GBP

Duration: 5 Days

Upstream Oil and Gas Development Lifecycle Costing - LCT International , Malaysia, Saudi Arabia, Singapore, Turkey, UAE, United Kingdom, Dubai, Riyadh, Kuala Lumpur, London, Istanbul

Wed, 14 May 2025 11:15:14 +04

Course Introduction:
Examine the life-cycle costing of upstream oil and gas projects, from exploration through to production, covering cost estimation, budgeting, and economic evaluation.

Course Outcomes:
Better collaborate within multidisciplinary teams on field development planning tasks leading to investment decisions
Give a comprehensive overview of the nature and magnitude of exploration, development, production and decommissioning costs
Explain how to express life-cycle costings in cash flow and economic models
Describe the challenges of upstream life-cycle costing, and dealing with uncertain and incomplete information

Who Should Attend:
Upstream oil and gas industry professionals, managers and discipline experts, who need to gain a deeper understanding of upstream life-cycle costing
Persons involved in industry oversight, from regulators, government agencies, non-governmental organisations (NGOs), charities, special interest and campaigning groups that need to better understand the cost constraints under which oil companies operate
Early career professionals wishing to advance their understanding of upstream oil and gas costing and economics issues

Course Topics:
Upstream Oil andamp; Gas life-cycle Costing

Aspects of the upstream oil and gas exploration development and production industry
The asset (oil or gas field) life-cycle from acquisition and exploration through to production and decommissioning
Relationship to cost estimation and cost engineering
Approaches to costing
Bottom-up vs. top-down approaches
Analog benchmarking parametric and cost metrics approaches
Provision for engineering growth contingency unallocated provision operators reserve
Types of cost: exploration; capital (capex) operating (opex) and decommissioning (abex)

Upstream Oil and Gas life-cycle Cost Components

Description of the items (activities services wells facilities) that add to life-cycle costs (so they mean more than just numbers in a spreadsheet)
Illustrative costs for all components
The parameters (key-drivers) that most influence the cost of components
Cost metrics and rules-of-thumb
Building of a cost model

Field Development Planning

Introduction of the time element
Time value of money discounted cash flow basic petroleum economics
Cost production revenue cash-flow profiles
Building of an economic model

The Wider Context

Issues relevant to how costs are prepared used and influenced
Petroleum production licences and contracts
Cost train wrecks when costs go out of control
The wisdom (and cost) of front end loading (FEL)
Current and future challenges to oil and gas production (and hence to costing)
Human aspects (biases irrationality vested interest) that can skew costing
Dealing with risk uncertainty and incomplete information
Decision making
Regional and host-country factors including productivity and local content issues

Cost: 4350 GBP

Duration: 4 Days

Oil and Gas - Business Environment - LCT International , Malaysia, Saudi Arabia, Singapore, Turkey, UAE, United Kingdom, Dubai, Riyadh, Kuala Lumpur, London, Istanbul

Wed, 14 May 2025 11:15:13 +04

Course Introduction:
Understand the global business environment of the oil and gas industry, focusing on supply and demand, industry structure, and strategic considerations for energy companies.

Course Outcomes:
Present the main features of the global Oil andamp; Gas business environment
Speculate on emerging trends and opportunities
Apply knowledge of the macro-economic factors both regionally and globally that shape the industry

Who Should Attend:
Senior managers within the Oil andamp; Gas sector or those identified via organisational talent management for fast track to a senior role
Public sector officials with responsibility for the state management of Oil andamp; gas resources
Engineers and Project Managers who are looking to develop leading edge practice for both themselves and their organisation

Course Topics:
Global Market Forces

The influence of OPEC
The US Position
Asean influence
African influence

Global Threats and Opportunities

Overview of global reserves andamp; Peak oil concept
Alternative technologies threat or opportunity
Emerging territories and cost of access
Environmental aspects

The Cohesive Producer

Aligning strategy with the global picture
Input and cost management
Output and pricing management
Environmental Social and Governance andamp; communication

Strategic Relationships

Production agreements
Joint venture partnering
Regional Government
Global upstream and downstream models

Industry Governance

Developing andamp; enhancing governance policies
Combating economic crime and corruption
Impacts of the Dodd Frank Act
Global best practice andamp; case studies

Cost: 4250 GBP

Duration: 5 Days

Oil and Gas - Finance - LCT International , Malaysia, Saudi Arabia, Singapore, Turkey, UAE, United Kingdom, Dubai, Riyadh, Kuala Lumpur, London, Istanbul

Wed, 14 May 2025 11:15:12 +04

Course Introduction:
Specialise in the financial aspects of the oil and gas sector with this course, focusing on investment appraisal, project finance, and risk management in energy projects.

Course Outcomes:
Develop the key components of a financial management systems
Use knowledge of Financial instruments and their impacts
Manage: Market risk, Credit risk and Liquidity risk
Undertake effective financial modelling and scenario planning

Who Should Attend:
Senior managers within the Oil andamp; Gas sector or those identified via organisational talent management for fast track to a senior role
Public sector officials with responsibility for the state management of Oil andamp; Gas resources
Engineers and Project Managers who are looking to develop leading edge practice for both themselves and their organisation

Course Topics:
Key Financial management Systems

Effective Budget preparation and management
Cash flow management and forecasting
Interpreting key financial statements
Key financial ratios and analysis

Effective Treasury Management

Overview of global treasury models
Pure return portfolio structuring
Pure income portfolio structuring
Defensive portfolio structuring

The role and impact of financial instruments

Derivatives
Bonds
Options
Futures

Effective Risk Management

The key concepts and elements of risk management
Managing Market Risk
Managing Credit Risk
Managing Liquidity Risk

Practical Financial Modelling

Key principles within Financial Modelling
Constructing key financial models
Linkage of models and submodels
Scenario Planning Applications

Cost: 4250 GBP

Duration: 5 Days

Fundamentals of Oil and Gas Exploration and Production - LCT International , Malaysia, Saudi Arabia, Singapore, Turkey, UAE, United Kingdom, Dubai, Riyadh, Kuala Lumpur, London, Istanbul

Wed, 14 May 2025 11:15:12 +04

Course Introduction:
Gain a solid grounding in the technical and commercial fundamentals of oil and gas exploration and production, including geological, engineering, and economic principles.

Course Outcomes:
Deliver a comprehensive overview of the oil and gas exploration and production industry
Describe a historical, current and future perspective for both non-technical and technical staff
Explain the principles of exploration, drilling, development and production
Elaborate on what is happening in the industry, now and in the future
Explain the full life-cycle of exploration to product delivery
Identify the nomenclature and terminology used in the industry

Who Should Attend:
Professionals who need to learn about the industry
Personnel within the industry
Technical support staff entering the industry
Technical staff who want to expand their understanding of the industry
Students considering the industry as a career

Course Topics:
Introduction to Exploration and Production (Eandamp;P)

History and cultural perspectives
Types of oil and gas resources
Petroleum geology and geoscience
Finding oil and gas

Subsurface aspects of Eandamp;P Reservoirs and Wells

Understanding the reservoir
Drilling
Optimizing production

Surface aspects of Eandamp;P Processing and Export

Oil and gas production and export facilities
Development project management and costing
Health environment and safety

Business aspects of Eandamp;P

Integrated Field Development Planning
Production contracts and licenses
Economic risk and investment analysis
Decision making

Cost: 4250 GBP

Duration: 4 Days

Introduction to Process Safety - LCT International , Malaysia, Saudi Arabia, Singapore, Turkey, UAE, United Kingdom, Dubai, Riyadh, Kuala Lumpur, London, Istanbul

Wed, 14 May 2025 11:15:12 +04

Course Introduction:
Learn the key principles of process safety in the oil and gas industry, including hazard identification, risk assessment, and the implementation of safety management systems.

Course Outcomes:
Define process safety and the human, environmental and business consequences of poor process safety
Apply a simple model for analysing process safety incidents
Describe process safety hazards and risk
Describe the elements of a modern process safety management system and how such systems are organised
The final objective at the end of the course is to create a broad understanding of the tools and problem solving techniques used in process safety. The delegates should achieve the following four key learning outcomes

Who Should Attend:
Technical, commercial and management staff that require a high level technical overview of process safety in the hydrocarbon processing industry
Personnel within the industry
Technical support staff entering the industry
Technical staff who want to expand their understanding of the industry
Anyone who would like to develop a broad understanding of process safety

Course Topics:
Hazards of Hydrocarbon

Hazards of the Loss of Containment of Liquid Hydrocarbons
Hydrocarbon Gas Leaks Dispersion and Detection
Hydrocarbon Ignition
Hydrocarbon Fires
Hydrocarbon Explosions

Importance of Process Safety

Importance of process safety
Process safety in design
Asset integrity
A review of some of the major process safety incidents in the industry and Lessons learned
Using incident data to make risk-based decisions

Process Safety Protection systems

Inherently Safe Design (ISD)
Active protection systems
Passive protection systems
Procedural protective systems
Layers of Protection

Process Monitoring and Control

Fire and Gas Detection
Alarm systems
SIL levels and safety instrumented systems
Control loops , anti-surge control
Shutdown and Suppression systems

Cost: 4250 GBP

Duration: 4 Days

Oil and Gas - Business Environment and Finance - LCT International , Malaysia, Saudi Arabia, Singapore, Turkey, UAE, United Kingdom, Dubai, Riyadh, Kuala Lumpur, London, Istanbul

Wed, 14 May 2025 11:15:11 +04

Course Introduction:
Delve into the business and financial aspects of the oil and gas industry, including market dynamics, project financing, and economic principles of the energy sector.

Course Outcomes:
Present the main feature of the global Oil andamp; Gas business environment
Speculate on emerging trends and opportunities
Apply knowledge of macro-economic factors both regionally and globally that shape the industry
Use knowledge of the key financial management systems
Describes financial instruments and their impacts
Manage: Market risk, Credit risk and Liquidity risk
Undertake effective financial modelling and scenario planning

Who Should Attend:
Senior managers within the Oil andamp; Gas sector or those identified via organisational talent management for fast track to a senior role
Public sector officials with responsibility for the state management of Oil andamp; Gas resources
Engineers and Project Managers who are looking to develop leading edge practice for both themselves and their organisation

Course Topics:
Global Market Forces

The influence of OPEC
The US Position
Asean influence
African influence

Global Threats and Opportunities

Overview of global reserves and Peak Oil concept
Alternative technologies threat or opportunity
Emerging territories and cost of access
Environmental aspects

The Cohesive Producer

Aligning strategy with the global picture
Input and cost management
Output and pricing management
Environmental Social and Governance and Communication

Strategic Relationships

Production agreements
Joint venture partnering
Regional Government
Global upstream and downstream models

Industry Governance

Developing and enhancing governance policies
Combating economic crime and corruption
The impacts of the Dodd Frank Act
Global best practice and case studies

Key Financial Management Systems

Effective Budget preparation and management
Cash flow management and forecasting
Interpreting key financial statements
Key financial ratios and Analysis

Effective Treasury Management

Overview of global treasury models
Structuring effective return income and defensive portfolios
The roles and impacts of financial instruments
Effectively managing geographic and asset risk

Effective Risk Management

The key concepts and elements of risk management
Managing Market Risk
Managing Credit Risk
Managing Liquidity Risk

Practical Financial Modelling

Key principles within Financial Modelling
Constructing key financial models
Linkage of models and submodels
Scenario Planning Applications

Cost: 7250 GBP

Duration: 10 Days

FPSO Design, Technology and Operations - LCT International , Malaysia, Saudi Arabia, Singapore, Turkey, UAE, United Kingdom, Dubai, Riyadh, Kuala Lumpur, London, Istanbul

Wed, 14 May 2025 11:15:11 +04

Course Introduction:
Explore the specifics of Floating Production, Storage and Offloading (FPSO) units in this course, covering design considerations, technology selection, and operational management.

Course Outcomes:
Be aware of the history of the FPSO and the reasons why it has developed to become a mainstream choice for offshore production
Be familiar with the various forms of floating production systems and how the FPSO fits within the applications
Appreciate the concepts and the options available for offshore field development
Be aware of the main technical and economic drivers in relation to the choice of an FPSO as the host facility
Understand the main technical questions surrounding the design of the FPSO and their resolutions
Be familiar with the main building blocks for an FPSO design
Understand the design and selection of the hull and mooring systemUnderstand the configurations available for the subsea layout in terms of the manifolds, flow lines, risers and umbilicals
Be familiar with the layout and configuration of the topsides process plant on an FPSO based on both safety and operability criteria
Be familiar with the main marine systems of the FPSO based on the need for safety of the vessel and persons on board

Who Should Attend:
Suitable for persons at all levels of responsibility and authority within an engineering or operations function
It may be of interest to those who have had limited exposure to FPSOs and need to update their knowledge and familiarity, or those who may have had previous first-hand offshore experience on an FPSO but wish to expand their knowledge in the topics of design and operation
It will be particularly beneficial for technical staff, project engineers, engineering specialists and operating staff

Course Topics:
Introduction to Floating Production Systems

Definition of an FPSO
History of the FPSO
Types of FPSO concepts
FPSO Functions and Capabilities
Advantages and disadvantages of the FPSO as a host facility
Classification and applications

FPSO Design Considerations and Main Technical Issues

Design principles and design elements
Environmental influences affecting FPSO design
Hull design
Structural design and global analysis
Topside design requirements and layout
Safety in design and operation

FPSO Systems and Station Keeping

Hull selection and storage requirements
Mooring design and arrangements
Anchors and their particulars
Turret and swivel system
Installation and hook-up
Commissioning

Fluid Transfer Subsea Tie-back and Topside Process

Fluid transfer mechanism subsea to topsides
SURF and subsea interfaces
FPSO process system
Pigging
Crude desalting
Marine systems
Cargo transfer

Cost: 4350 GBP

Duration: 4 Days