Develop comprehensive understanding of oil and gas drilling commercial, technical, safety, and community risks, and how these risks are assigned between stakeholders, with specific focus on risk variation from wildcat wells to production wells and appropriate contractual provisions.
Master drilling contract types including daywork contracts, footage contracts, turnkey contracts, and mixed arrangements, with emphasis on industry standard contracts (IADC, API) and appropriate customization techniques to effectively transfer risks and define stakeholder rights and responsibilities.
Implement effective contract administration practices covering contractor approval, procurement processes, data sharing, variations management, compensation administration, indemnification events, and dispute resolution to prevent unrecoverable costs and ensure contractual compliance.
Build contract management capabilities including early warning systems for emerging risks, claims management, insurance compliance, force majeure administration, and win-win dispute resolution strategies to protect organizational interests and achieve drilling project objectives.
Understand how to Leverage Data Analytics and Ai for Decision Insights, Proactive Decision Support and Possible Job Automation.
Take participant on path to become ready to become part of the Future Ai Competent Workforce.
Who should Attend?
This program is designed for Oil and Gas Drilling Contract Administrators, Drilling Professionals, Project Managers, Legal Department Staff, Contract Consultants, and Coordinating Executive Managers responsible for drilling contract drafting and administration.
The program benefits Drilling Project Operational Auditors, Finance Staff, and Drilling Planning Professionals seeking comprehensive multi-discipline multi-stakeholder knowledge to meet operational and strategic objectives on drilling contracts through effective risk management and contract administration.
PROGRAM CONTENT
Petroleum Drilling Contracts Drafting & Contract Management Professional with Domain Specific Ai Competencies
Understanding the Business Aspects of Drilling for Oil and Gas
Understanding Drilling Operational and Strategic Objectives
Drilling Contractor Procurement Process and Stakeholders
Request for Approval of Drilling Contractors and Sub-Contractors Administration
Sharing of Data and Information by the Stakeholders
Drilling Financial Risks Identification and Assessment
Drilling Technical Risks Analysis and Mitigation
Drilling Operational Risks and Mitigation Strategies
Risk Distribution Options: Daywork, Footage, and Turnkey Contracts
Industry Standard Contracts: IADC, API, and Others
Understanding Drilling Contracts and Risk Sharing Mechanisms
The Right and Wrong Ways to Customize Standard Drilling Contracts
Drafting Special Conditions and Contract Modifications
Effective Risk Transfer Through Contract Provisions
Administering Standards of Crew and Workmanship
Interpreting Recommendations and Technical Specifications
Administering Control of Services, Data, Drawings, and Documents
Administering Responsibility for Permits and Approvals
Applicable Laws and Regulations Compliance
Administering Contract and Contractor Registration Requirements
Contractor Provided Items: Scope and Quality Control
Company Provided Items: Scope, Process, and Quality Assurance
Administering Variations or Changes in Work Requested
Administering Responsibility for Safety and Environmental Compliance
Administering Contractor Requests for Compensation and Invoices
Payment Processing and Financial Controls
Management of Disputes and Resolution Procedures
Administering Indemnification Events: Loss of Downhole Equipment
Administering Indemnification: Loss or Damage to Hole
Program Recommendations
Post Program Action Plan for Participant
For Details Whatsapp USA:+15512411304
Email: cpd400-4@eurotraining.com
Participant's Program Outcomes and Take-Aways
Certification Workshop Outcomes and Takeaways
Knowhow and Technology Transfer to the Participants.
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).
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.
Training that empowers the participant to identify, support and implement improvements in his job, team, section, department or organization.
A 4 Week Certification Level Training Workshop participant will typically take away...
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.
Generally the 4 week certification programs add advanced level depth to the 1/2/3 week program topics typically by including additional advanced 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 4 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)
This training is an effective way to quickly make the participant competent, effective and productive on his job. Each program is customized and made useful for...
Training new employees to get them productive quickly on relevant jobs
Existing Employees Transferred to a New Training Program Relevant Assignment or being prepared for such an assignment as part of his career development
Team Building Training Just Prior to a Relevant New Project, New Initiative, New Technology, New System, New Improvement, New Emphasis or New Strategy being Planned or Implemented in the Organization (requires sending 2 or more team members together to the same program at the same location and dates)
Create Proven and Documented Competency (4 week programs and if Certified) and Skills in participant to incorporate in his job performance (to the depth allowed by the program duration)...
Technical and Process Knowhow
Alignment to the Needs and Expectations of Stakeholders/ Customers (internal & external)
Alignment to Organizational Strategic Objectives
Good Management Practices meeting Recommendations and Requirements of the Relevant Industry Standards
Best Practices that assist Making Dramatic Improvements, including as relevant, Productivity Improvements, Product and Service Differentiation, Big Performance Improvements and Generally Exceeding Stakeholder/ Customer Expectations
Create a pool of Certified Trained (instructor) manpower that can cost-effectively disseminate the program knowhow to a large number of employees inside the organization. The participant can sit for the professional certification tests and on passing the tests be professionally certified in the program field - if applicable. (You should attend this 4 week certification level program version if certification or becoming a program instructor is the primary objective)
Euro Training Instructors often act as mentors for your employees who have attended our training programs. Your organization or the individual participant can utilize this service to ensure effective post program reinforcement and application of skills and competencies acquired during the training - to develop his career and performance further. (This depends on the relationship your participant builds with the Instructors. Please inquire about our post program mentoring plans)
Participant Individual Career Benefits
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.
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.
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.
The participant can sit for the professional certification tests on completing the 4 week program, and, on passing the tests be professionally certified in the program field - if applicable.
Registration Form
Fields marked with * are mandatory
Optional Fields
Registration Information 4 Week Professional ONLINE Certification Training Program
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-4w.doc
You can request or registration form by Emailing regn@eurotraining.com and eurotraining@gmail.com
For Program Fee Information Email: fees@eurotraining.com Fees are Payable by Bank Transfer. Fee information is also available at:
https://www.eurotraining.com/fees.php
.
Online Instructor Lead Program Fee is US$8,500 per Participant FOR 4 Week PROFESSIONAL CERTIFICATION TRAINING
Fee includes Course Materials & Certificate.
www.eurotraining.com/admin/fees.php
Fee includes 1 year Free Access to Program Related Ai System.
Special discount of 10% is offered for participants who pay their fees at least 45 days before start of the program.
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.
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.
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.
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.
Information required for Provisional Registration: Program Title, Location, Dates, Your Organization Name, Your Email Address, your Mobile Number.
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Petroleum Drilling Contracts Drafting & Contract Management Professional with Domain Specific Ai Competencies
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