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ONLINE: E&P Technical Service Contract (CON908)


    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
    Duration: 5 days
    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 and the bid evaluation process
    • The standard technical services contract and its main clauses in terms of performance of the service and financial conditions, such as: remuneration principles, liabilities, insurances and legal clauses.
    • The specificities of some services contract: rig, marine, air support and the regular frameworks.
    • How to optimize the value and execution of the contract through a balanced and win-win relationship between operator and contractor


    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



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