LOCAL CONTENT MANAGEMENT IN THE OIL AND GAS INDUSTRY

Introduction:

Local Content is a crucial aspect of doing business in an increasing number of oil and gas generating countries. Several of these nation have incorporated standards for local content into regulatory systems, understandably. Local content is the production of local expertise, the transition of oil and gas technologies and the use of local manpower and local fabrication. This course will address the business advantages of creating the primary components of a local content strategy, including building local workforce and supplier capacity, incorporating local content with business strategies and tracking initiatives successfully. Participants will gain practical insight into what works best for their area, whether they are designing their strategy now or want to scale up their local content models. It is critical that participants are prepared with powerful strategic and administrative expertise and solutions to tailor their buying and supply chain strategies to meet mandatory requirements for local content.

Course Objectives:

At the end of this course, participants will be able to:

• Describe the key factors that relate to a given contractual context in the local content provisions and determine their effect on the execution of an oil field development project.
• Engage in the implementation of Local Content Strategy and conduct a Local Management Program, engage in contract procurement tendering, negotiation and follow-up, and take into account the effect of Local Content Management Requirements on labor force management
• Manage laws and specifications regarding local content in key oil and gas production nations
• Explain the latest changes to the methodology for measuring local content and its effect on your projects and planning.
• Gain knowledge on how to improve their local content management considerably both internally and through their supplier base

Course Outline:

Day 1: Introduction to Local Content in Oil and Gas

• Brief explanation of the oil and gas sector
• Definition of Local Content
• Understanding the overview of major terms in local content laws and regulation

Day 2: Local Content in Contracts and Procurements

• Understanding the basic concepts in the provisions of local content policy that is applicable to oil and gas firms
• Build and develop human capital
• Develop oil and gas industry
• Contracts and procurements strategy

Day 3: How to develop a Local Content Plan

• Approaching a national content plan
• Implementation of Content
• Agenda of Local Content

Day 4: Local Content Management Plan

• Driving forces for opportunities, Issues and challenges
• Localizing workforce and suppliers to satisfy the requirements of local content
• Threats and opportunities
• Expectations Management
• Managing Local Content

Day 5: Negotiating and drafting Local Content Provisions

• Drafting and Negotiating contract
• Measuring Local Content
• Process of Tendering
• Execution and Control
• Impact of the provisions of Local Content on managing workforce

Who should attend?

• Capacity building officers
• Local Content Managers
• Project Managers
• Supply Chain Managers
• Contract Managers

Delivery Method: Lectures, discussions, syndicate work, case studies, role – play and group exercises. Audio – Visual aids will be used to reinforce these training and learning methods.

Venue: Ghana

Fee: $5,000.00

Duration: 1 Week

Course Date: Jun 19^th – 23rd 2023