Management

Training Course: Local Content Management in the Oil and Gas Industry


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MA234828

24 - 28 Feb 2025

Madrid (Spain)

Hotel : Pestana CR7 Gran Vía

Cost : 5250 € Euro

Introduction

Local Content is the development of local skills, oil and gas technology transfer, and use of local manpower and local manufacturing. This Global Horizon  Local Content Management in the Oil and Gas Industry training program will discuss the business benefits of developing the primary components of a local content strategy, including building a local workforce and supplier capacity, integrating local content with business plans and successfully monitoring the programs. Whether you are developing your policy now or want to scale up your local content models, you will get practical insight into what works best for your region. 

This training will equip you with the understanding and delivering local content in relation to oil and gas projects. It aims at assisting you to build the local workforce and supplier capacity and implementing and sustaining successful local content strategic plans. Furthermore, the training will offer oil and gas business practical advice on how they can realize the potential value of local content; and offer all stakeholders suggestions on ways to help create shared value through local content development.

This training program will highlight:

  • Key factors in the local content provisions

  • Exploring a number of themes, including skills development programs and local content performance management

  • Identify and assess the impact of local content provisions on the execution of an oil field development project

  • Participate in the elaboration of a local content management plan

  • Negotiation of local content provisions applicable to a given contractual context

Objectives

This training course will enhance your ability to identify, determine and manage local content strategies in the oil and gas business. It will boost your skills in mastering the implications of local content provisions over the execution of an oil field development project, mainly in terms of procurement and personnel management.

At the end of this training program, you will learn to:

  • 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 to your projects and planning

  • Participate in the elaboration of a local content management plan

  • Learn how to significantly improve your management of local content internally and across your supplier base

Methodology

In this Local Content Management in the Oil and Gas Industry training course, our expert presenter draws on practical experience and extensive discussion with policymakers, ministers, law officers, and private sector contractors around the world. This training course blends presentations with practical case studies and interactive exercises to ensure that participants have ample opportunity to discuss, challenge, and understand the key principles of Local Content Management in the Oil and Gas Industry.

Organaizational Impact

Success can be learned, and failures can be avoided, by examining others' experiences. Throughout this training course, we draw on practical examples of best practices and well-documented failures to maximize your team's chances of success. Through practical examples, open discussion, and interactive exercises, your team can gain the skills and confidence to deal with Local Content Management in the Oil and Gas Industry within your organization.

Personal Impact

Your team members will learn and have the opportunity to practice techniques for:

  • Evaluating key elements of local content between regulations, industrial policy, commercial interests, and sustainable development

  • State of play on local content regulations around the world including Brazil, Nigeria, Kazakhstan, Indonesia, Australia, and China amongst others

  • Formulating contracting strategies that match local capabilities

  • Simulated tender evolution of local content

  • The mechanics of local content

  • Reviewing and setting metrics for measuring and reporting Local Content Performance

Target Audience

This Global Horizon training program is aimed at managers from the Oil & Gas sector (National Oil Companies {NOCs}, regulation authorities, ministries) or from International Oil Companies (IOCs) having to deal or operate under a local content environment and contractual provisions.

This training course is suitable for a wide range of professionals but will greatly benefit: 

  • 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

Outlines

DAY 1

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

DAY 2

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

DAY 3

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

DAY 4

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

  • Maximisation 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 an LCMP

DAY 5

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

Management

Training Course: Local Content Management in the Oil and Gas Industry


Register Now
Quick Inquiry
Discount Group Download Brochure (38)

MA234828

24 - 28 Feb 2025

Madrid (Spain) - Pestana CR7 Gran Vía

Hotel : Pestana CR7 Gran Vía

Cost: 5250 € Euro


  About Madrid

Madrid is a city that combines its enduring history with its cosmopolitan atmosphere to create a destination that favored amongst tourists from around the world. This is a city that is very much bursting at the seams with life and its vibrant atmosphere, cultural attractions and connection with history ensure travelers have everything they could possibly want from a European city break. At the end of a flight to Madrid, there are sites to see, picturesque streets to roam and, of course, excellent shopping opportunities to explore. Visitors can immerse themselves in Madrid's fantastic local culture, its peerless art scene and world acclaimed fine dining. In fact, there is very little that Madrid doesn't have to offer.


  Things to do and places to visit in Madrid

The only problem travelers will encounter during their visit to Madrid is knowing what to do first. Sampling the mouth-watering tapas, strolling through one of the many excellent museums or even simply soaking up the atmosphere are all excellent options. Spend a sunny day wandering through the splendid squares or marvel at the intricate architecture of the churches.With so many options, flights to Madrid are great for people of any age or inclination.

When visiting Madrid, be sure to:

  • See the superb collection of art is the Museo del Prado.
  • Stroll down the Gran Via.
  • Enjoy the atmosphere of the Plaza Mayor.
  • Wander through the stunning gardens of the Parque del Buen Retiro.
  • See the beautiful mansion of the Museo Lazaro Galdiano.
  • Find quirky fashions in the Fuencarral market.
  • Try some of the many different tapas dishes.
  • Visit the statues of Don Quixote and Sancho Panza in the Plaza de Espana.
  • See the breathtaking Basilica de San Francisco El Grande.
  • Wander the Casa de Campo park, which is five times the size of Central Park.
  • Shop in the luxury boutiques of the Golden Mile.
  • Look for bargains at the El Rasto flea market.
  • See Picasso's Guernica in the Reina Sofia museum.
  • Snack on churros with chocolate.
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