Euro Training USA Limited www.eurotraining.com Training Programs, Workshops and Professional Certifications

Euro Training Instructor Lead Online Training

Brought to you by Euro Training Global Centers of Excellence

3 Week Advanced Training Home Page

Each program participant will get 1 year free individual license access to a Program Domain Specific AI System to Answer his job related queries
CPD400-3
3 Week Advanced Training Workshop on

Petroleum Drilling Contracts Understanding, Administering & Resolving Disputes

Building Advanced Skills & Competencies in

  1. Understanding the Drilling Contract Conditions
  2. Ensuring Meeting Objectives through Responsive Contract Administration
  3. Documenting & Rapidly Resolving Disagreements to Mitigate Impact
  4. Benchmarked to IADC, API and other Industry Standard Contracts
www.EuroTraining.com/bro/cpd400-3.php

Training Dates 3 Week Instructor Lead Classroom Training & eTraining Program

3rd Monday of Month
GLOBAL ONLINE



Useful Links


PDF Link  |  Center Full List  |  SEND EMAIL

What is Covered in this Program

  1. Petroleum Field Owners and Operators often offer Drilling Contracts to Drilling contractors with specified Equipment and Expertise. These contracts may be on Daywork Basis or Footage Contracts, and sometimes Turnkey Contracts or a mix of them. Drilling Contracts define the rights and responsibilities of the parties. The contracts mention situations, under which the contractor will be entitled to reimbursement of his losses or recoverable costs. These situations need to be administered carefully to prevent unrecoverable costs being charged by the Drilling Contractor.

  2. The operator or field owner provides information and data on the site, permits, access to site, some materials as mentioned in contract, and, expected and maximum depths to be drilled. Drilling Contractors are expected to have the required professional expertise and judgement, perform diligently and to good professional standards. Safety and Accident Incidents are recorded and documented. Major Risks are often covered by Insurance. Blowout is usually the responsibility of the Operator. Responsibility for Lost circulation and any redrilling requirements depends on specific circumstances, Supervisory Control and Contract.

  3. This Advanced Workshop will provide the participant a detailed understanding of the Contractual and management aspects of each of the above-mentioned processes and events.

  4. In this program detailed discussion of Drilling contracts management will cover provisions and issues related to: (1) The Drilling & Related Services to be provided, (2) Standards of Workmanship, (3) Recommendations and Interpretations, (4) Control of the Services, Data, Drawings and Documents, (5) Permits and Approvals, (6) Laws and Regulations, (7) Registration; (8) Offshore Transportation, (9) Contractor Provided Items, (10) Company Provided Items (11) Variations. (12) Safety & the Environmental Responsibilities; (13) Compensation, Invoices, Payment, (14) Disputes; (15) Indemnifications including in case of: Loss of Down-Hole Equipment, Loss of or Damage to Hole, Blow Out or Crater, Reservoir Damage, Pollution, Treatment of Consequential Damages, (16) Taxes And Duties (17) Observance of Local Laws and related Indemnification (18) Assignment & Subcontracting (19) Patents, Copyrights And Technology. (20) Publicity. (21) Audit. (22) Commissions or Fees. (23) Payment to Subcontractors. (24) Termination. (25) Governing Law. (26) Arbitration for Dispute Resolution. (27) Notices. (28) Scope of Services. (29) Equipment and Personnel Technical Specifications. (30) Compensation Commercial Specifications. (31) Safety. (32) Occupational Health & Environmental (33) Standards & Specifications (34) Subcontracting. (35) Limits of Liabilities of the parties. (36) Insurance Requirements, (37) Subcontracting. (38) Contract Term, Termination, Extension; and so on.

  5. This Advanced Workshop will also discuss Special terms for foreign Contractors : (1) Income, Profits, and Capital Gains Taxes; (2) Personnel and Property Taxes, (3) Withholding Tax, (4) Value Added Tax. (5) Import Duties. (6) Importation and Exportation of Equipment (7) Excise, Sales or Use Taxes. (8) Contractor Status in Country. (9) Observance of Local Laws and Indemnification, (10) Provision of Information. (11) Double Taxation Agreement. (12) Force Majeure. (13) Notice. (14) Termination. (15) Contractor's Personnel Qualifications & other requirements.

  6. For each of these conditions mentioned above we will discuss: (1) What are the requirements, (2) What are the possible risks, (3) What Contract Administration is required, including when risks materialize, (4) What mitigations are possible to minimize impact on the Drilling works, (5) What Requests for Reimbursement and Claims may arise from either side, (6) How to document your Position, and (7) Strategies for arguing and Win-Win resolving any disputes or disagreements that may arise.

Who Should Attend

  1. All Petroleum Drilling Professionals, Contract Administrators, Project Managers, Consultants, Coordinating Executive Managers and IT Data Analysts seeking Domain Knowledge for developing Drilling Data Analytics and Decision Support Systems.
  2. This Advanced Workshop will also benefit Drilling Project Operational Auditors, Finance Staff and Drilling Planning Professionals.

Program Content & Modules

Whatsapp: USA +15512411304 or UK +447424964861


  1. Email: cpd400@EuroTraining.com

Participant's Program Outcomes and Take-Aways

Euro Training has been providing
  1. Knowhow and Technology Transfer to the Participants.
  2. Multi-discipline Advanced understanding, skills, competencies and step-by-step analytic understanding and implementation of the program topics and issues (this understanding and application competency would otherwise have come from years of very rich work experience).
  3. Knowledge framework which will enable participant catch his own past/present/future job related experience and understand its relevance to the job decisions. Participant will be able to propose such knowledge system requirements.
  4. Training that empowers the participant to identify, support and implement improvements in his job, team, section, department or organization.
A 3 Week Advanced Training Workshop participant will typically take away...
  1. A Multi Discipline Knowledge Framework that will help the participant make sense of, put in the proper context and learn from his previous, present and future experience on the work. He will also take away Program (Instructors) Recommendations and a Detailed Action Plan. The Action Plan provides a Detailed Road Map for Implementing (in his work) what participant has learnt during the program.
  2. Generally the 3 week programs add advanced level depth to the 1 and 2 week program topics typically by including additional considerations (where applicable) of Risks, Prioritization, Quality Assurance, Strategic Considerations, Process and Control Automations, Early Warning Systems, Performance Evaluation, Key Performance Indicators, Improvements, Benchmarking, Innovation, Disruptive Innovation, Data Analytic, Quality Assurance System, Risk Management, Standardization, Audit and Preparing an individualized Detailed Action Plan to apply the program learnt methods and strategies. These longer duration programs also typically add many case studies and 2 or 5 hands on workshops to help apply what the participant has learnt during the program.

Benefits to Organization Sponsoring Participants

(Benefits Made possible by Euro Training's unique, multidiscipline, customer focused easy to understand and apply training methodology that relies on Industry Good and Best Practices)

Participant Individual Career Benefits

  1. As a participant you gain a multi-discipline understanding of the issues, analysis competency and methods relevant to your program topics and modules. This means that you will be able to understand and perform your relevant job like a Professional and Not like a Just-Graduated-Professional/Teenager/Novice. In other words this means post program when you take decisions related to your work you will start considering your work's Implications on (as applicable): Technology Options, Risks, Needs and Expectations of the different stakeholders; Strategic Alignment, Work Productivity, Legal & Contractual Obligations, Intellectual Property Aspects, Safety, Security, Audit, Cost Benefit Aspects, Value Engineering Opportunities.... and more as relevant.
  2. The detailed action plan you prepare and take away after the program will help you take initiative and make a positive difference in your performance on the job, team, business unit or organization. This difference after implementation and when added to your resume will make you a prime candidate for career advancement in your own organization or in your next job/s.
  3. Implementing what you learn in the program will lead to providing you a feeling of Job Satisfaction, Self Esteem and reduce Monday Morning Blues. The program ensures you will learn about and understand the Strategic Alignment Aspects of your job (as relevant) and in the process enable you to make a leadership contribution in your work area, team or organization.
  4. There is a possibility for the participant to sit for the professional certification tests on completing the 3 week program, and, on passing the tests be professionally certified in the program field - if applicable. (You can consider attending the 4 week program version if certification or becoming a program instructor is the primary objective)

Registration Form

Fields marked with * are mandatory


Optional Fields


Registration Information
3 Week Advanced Training Program

  1. To register: Please send us an official letter confirming registration (on organizational letterhead or company email). Also send us a completed registration form electronically fillable at Program Site and downloadable as MSWord document by Clicking https://www.eurotraining.com/etl-reg-3w.doc You can request or registration form by Emailing regn@eurotraining.com and eurotraining@gmail.com
  2. For Program Fee Information Email: fees@eurotraining.com Fees are Payable by Bank Transfer only. Fee information is also available at: https://www.eurotraining.com/fees.php .
  3. Online Instructor Lead Program Fee is 3 week (110 hrs) USD $6,250 per participant.
    • and includes Course Materials & Certificate.
    Fee includes 1 year Free Access to Program Related Ai System.
  4. Special discount of 10% is offered for participants who pay their fees at least 45 days before start of the program.
  5. Refund will not be considered where the participant cancels his registration less than 3 weeks before start of the program. Alternate nominations may be allowed atleast 2 weeks before program start. In case of exceptional hardship or emergency participant may be allowed to attend at another location on payment of additional 10% of the Fee.
  6. All participants are required to fill in Participant Information Form and a Program Induction Form - on first day of the program. Each program may Undergoe Customization to Better Meet Participant Groups Present and Future Career Needs. Please be prepared to let the Instructor/s know about your organization's Special Needs, Interests or Initiatives.
  7. It is always useful for participants to bring their existing problems or case studies, work-process flow charts or job related problems for discussion - consideration will be at sole discretion of the program director/s.
  8. Provisional Registration : You can make a provisional registration request by sending us an email from an official Email Account. On our confirmation we will reserve a seat for you for 14 days. Within 14 days of our confirmation please send us an official registration request. Provisional registration is automatically cancelled at the earlier of (1) 2 weeks after Provisional Registration is Confirmated by us and your fail to reconfirm your attendence. (2) Two weeks before start of the program. We do request you to inform us ASAP you have decided either way. Please note All provisional registrations automatically cancel 2 weeks before program start unless confirmed.
  9. Information required for Provisional Registration: Program Title, Location, Dates, Your Organization Name, Your Email Address, your Mobile Number.

CLICK FOR REGISTRATION INFORMATION AND FORM


CLICK FOR PROGRAM OUTCOMES


Click to Forward this webpage to a Colleague by Email


Why Euro Training USA Limited?

  1. We are your dependable source for Ai Knowhow and Human Resource Development for your Business Unit.
  2. When you are looking for Job Related Understanding, Ai Leveraging Opportunities, Practical Understanding, Strategic View, Operational Excellence, Customer Focus these Training Programs from Euro Training should be your First Choice!!
  3. We are also No. 1 in Incorporating Latest Technologies, Good & Best Management Practices in Our Training Programs!!

Training Programs Typically Cover
Based on Program Duration

BOT-PPP Projects | Contracts-Drafting-Claims | Customer Focus | District Cooling | eDocument Management & eLibrary | Innovation | Logistics | Operational Audit | Maintenance | Management & Leadership | Mergers & Acquisitions | Intellectual Property | Project Management | Renewable Energy Solar | Corporate Security & Safety | Water & Waste-Water Treatment | Water Desalination |


General Manager
Training & Development

WhatsApp-LINK

Euro Training USA Limited

Whatsapp USA: +15512411304

hmiller@EuroTraining.com | EuroTraining@gmail.com | regn@EuroTraining.com

-->