Local Content has become a crucial element in conducting business within an expanding range of oil and gas producing countries. To align with the regulatory frameworks in these nations, many have implemented local content requirements. Consequently, it is essential to possess robust strategic and administrative expertise, along with effective solutions, to align your purchasing and supply chain strategies with the mandatory local content requirements. By acquiring this knowledge and implementing appropriate measures, you can optimize your operations and ensure compliance with local content regulations.

Course Objectives:

At the end of the Local Content Management in the Oil and Gas Industry Training course, you will be able to:

Learn local content regulations and requirements in key oil & gas producing nations around the world
Find out how you develop and put into practice a quick and effective supplier development program
Identify the key factors in the local content provisions applicable to a given contractual context, and assess their impact on the execution of an oil field development project
Participate in the development and implementation of local content strategy and execution of a local content management plan, take part in a procurement contract tendering, negotiation and follow-up, and take into account the impacts of local provisions on workforce management
Manage local content regulations and requirements in key oil and gas producing nations around the world
Understand the latest updates to local content calculation methodology and its impact on your projects and planning

Who Should Attend?

Local Content Management in the Oil and Gas Industry Training course is ideal for :

Local Content Managers
Capacity Building Officers
Human Resource Managers
Operations & Logistics Managers
Supply Chain & Procurement Managers
Planning & Strategy Managers
Project Managers
Government Officials
Legal & Contract Managers
Business Development Managers

Course Outlines:

Introduction to Local Content in the Oil and Gas Industry

Oil and Gas Industry: Setting The Scene
What is Local Content?
Understanding the Context and Current Overview of Major Themes in Local Content Laws and Regulation
Company Perspectives

The Role of International Oil Companies
The Role of National Oil Companies

Local Content In Procurements And Contracts

Understanding the Underlying Concepts Local Content Policy Provisions Applicable in the Oil & Gas Business
How to Make Quick Wins In: Procurement of Goods and Services from Local Suppliers, Employment and Development of Local Workforce, Knowledge and Technology Transfer
Building and Developing Human Capacity
Developing Oil and Gas Industry Capacity
Building A Globally Competitive Supplier Base: Focusing On Community Participation In The Supply Chain
Procurement And Contract Strategy

Developing A Local Content Plan

How to Approach A National Content Plan
Content Implementation

Implementation, Measurement And Monitoring Of Local Content
Group Session: Local Content Strategy From A Company Perspective
Corporate Social Responsibility (CSR)

Local Content Agenda, Targets, Measures and Mechanisms to Meet Local Content Requirements, Monitor and Implement Targets Performance of Local Content

Local Content Management Plan (LCMP)

Opportunities Driving Forces, Issues, Obstacles in Nationalizing Host Countries Workforce, Challenges and their Effective Solutions of Localization of Workforce and Suppliers for the Satisfaction of Local Content Requirements
Maximization of the Commercial Success of Projects with Local Content Quick Wins
Quick Wins in Supplier Development and Training of National Suppliers and Workforce
Challenges and Opportunities
Managing Expectations
Key Factors in Developing and Implementing a Local Content Strategy
Developing Local Content Management Plan (LCMP)
Incorporating Local Content in a Contractual Strategy
Key-factor and Associated Risks
Setting-up and Management of a LCMP

Negotiation and Drafting of Local Content Provisions

Contract Drafting and Negotiation
Ways to Measure Local Content
The Balanced Scorecard and other Tools in Local Content
Consequences of Local Content Provisions on the Execution of a Procurement Contract
Contractual Strategy including Impact on Oil and Gas Contracts
Tendering Process
Recommendation and Awarding
Execution - Control
Impact of Local Content Provisions on Workforce Management
Employment, Training and Education

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