ONLINE: E&P Technical Service Contract (CON908)

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
Duration: 4 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
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