17 - 21 Feb 2025
London (UK)
Hotel : Landmark Office Space - Oxford Street
Cost : 5250 € Euro
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
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
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.
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.
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
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