Management

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


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MA234828

17 - 21 Feb 2025

London (UK)

Hotel : Landmark Office Space - Oxford Street

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 (39)

MA234828

17 - 21 Feb 2025

London (UK) - Landmark Office Space - Oxford Street

Hotel : Landmark Office Space - Oxford Street

Cost: 5250 € Euro


  About London

The UK capital of London is a city that combines the old and the new. It is as equally famous for the latest fashion and innovation as it is for its impressive heritage. London's attractions range from the Royal Palace to the DIY atmosphere of its markets. It is also a picturesque city of parks and of course, the majestic Thames River. The city extends for miles beyond its ancient core and each neighborhood has its own charming atmosphere for visitors to explore. London also wears its status as a world city proudly and the influence of different cultures is plain to see in the food and fashion of the capital.


  Things to do and places to visit in London

With so many attractions in London, anyone can find something to delight them. Art lovers will enjoy the world-renowned museums and galleries, most of which are free. Sports fans are spoilt for choice by the city's array of football clubs. Theatre and music fans have a vast list of venues to visit, whilst shopaholics have Harrods, Oxford Street, Camden and much more to look forward to after arranging flights to London.

Some unmissable London attractions include:

  • Seeing priceless masterpieces in the Tate Britain or the National Gallery.
  • Watching the changing of the guard at Buckingham Palace.
  • Visiting Trafalgar Square's famous monument.
  • Marveling at the Crown Jewels in the Tower of London.
  • Getting a bird's eye view of the city from the London Eye.
  • Tasting one of Brick Lane's famous curries.
  • Browsing the exclusive shops of Knightsbridge.
  • Visiting a market – Spitalfields for antiques, Camden for clothes or Borough Market for street food.
  • Admiring design from around the world in the Victoria and Albert Museum.
  • Looking for clues at the home of fiction's most famous detective, Sherlock Holmes.
  • Strolling through one of the lovely parks, including Hyde Park, St James' Park or Kew Gardens.
  • Eating Britain's most famous dish, fish and chips.
  • Watching the street performers in Covent Garden.
  • Enjoying the views at a South Bank cafe.
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