Oil and Gas Contract Management

Oil and Gas – Contract Management

Course schedule

Classroom Training:
DateVenueDurationPrice
18 - 22 May 2026London5 days£4,495
3 - 7 Aug 2026London5 days£4,495
19 - 23 Oct 2026London5 days£4,495
8 - 12 Jun 2026Dubai5 days£4,495
27 - 31 Jul 2026Singapore5 days£4,495

Please note: prices shown above are exclusive of VAT (20%).

If you don’t see your preferred course date, please contact us.

Course Overview

This course provides a broad understanding of the operational, financial, and policy environment of the oil and gas sector. Delegates explore industry structures, market forces, and governance frameworks. Participants learn to analyse strategic risks and opportunities. The programme equips professionals to operate effectively across the value chain.

Who Should Attend

Professionals managing contracting strategies, negotiations, and supplier relationships in oil and gas projects. Past delegates have included:

  • Contract Managers
  • Procurement Leads
  • Project Engineers
  • Commercial Advisors
  • Legal Officers

Course Outcomes

  • Interpret key contractual clauses under standard oil and gas agreements.
  • Manage contract negotiation, drafting, and administration through all project phases.
  • Evaluate commercial, operational, and legal risks in upstream and downstream contracts.
  • Resolve disputes and claims through effective negotiation and documentation control.
  • Apply best practices in governance, compliance, and performance monitoring of contracts.

Course Topics

Contracting Strategies and Risk Allocation (Unique)

  • Contract models: EPC, EPIC, turnkey, and service contracts.
  • Balancing price, schedule, and risk allocation among stakeholders.
  • Key risk clauses: indemnity, liability, and force majeure.
  • Integrating contract strategy with project delivery models.

Performance Management and Dispute Resolution (Unique)

  • KPIs and performance-based contracting approaches.
  • Change orders, claims management, and variations.
  • Dispute resolution mechanisms: negotiation, mediation, arbitration.
  • Post-award monitoring and continuous improvement frameworks.

Strategic Risk Assessment (Common)

  • Risk identification and prioritisation in contract frameworks.
  • Quantitative and qualitative risk tools for contractors.
  • Mitigation planning and contingency management.
  • Assurance and oversight throughout contract execution.

Oil & Gas Project Economics (Common)

  • Cost drivers influencing contract strategy.
  • Commercial evaluation and bid comparison.
  • Financial implications of contract structures.
  • Market trends affecting procurement and pricing.

Global Oil & Gas Business Trends (Common)

  • Local content and sustainability requirements.
  • Digital contracting and supply chain transparency.
  • Regulatory shifts and geopolitical influences.
  • Future trends in global contracting models.

Oil and Gas Contract Management Course

Our Oil and Gas Contract Management course is a practical course that teaches how to manage procurement processes and negotiate contracts. It teaches how risks can be identified and addressed with contractual tools that increase competitive advantage. Standard contract terms and conditions will be learned, along with improving supplier performance through better contracts for your organisation. Course participants learn how to initiate and develop commercial contracts that benefit their company and how to plan and manage the resolution of contractual disputes.

This is a practical oil and gas contract management course for directors, managers, and decision-makers who work in strategic and operational functions in the Oil and Gas sector. It is designed for those who manage procurement, finance, legal, risk, and supplier relations.

Why Study With LCT?

���At LCT, we have over 25 years of experience working with corporate clients worldwide to provide training and consulting solutions that help organisations grow and thrive. We are committed to delivering high-quality corporate training programs with experienced instructors and effective resources. Our training programs are constantly updated to help participants reach their professional goals in the ever-changing corporate world.

Oil and Gas Contract Management Course

Our Oil and Gas Contract Management course is a practical course that teaches how to manage procurement processes and negotiate contracts. It teaches how risks can be identified and addressed with contractual tools that increase competitive advantage...

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