About this Virtual Instructor Led Training (VILT)
This five-day VILT is specifically designed for professionals who are interested in enhancing their knowledge on EPC contracts. This training will allow participants to explore and understand complex and sometimes confusing commercial terms in to simpler non-legalese language.
The objective of the VILT is to ensure that participants are exposed to understand the challenges involved right from contract formation stage to execution. Participants will learn how to identify, analyze risk, and learn types of Insurance used by corporates to Mitigate Risk. Finally, the VILT will highlight the importance of dispute resolution process in EPC contracts.
After the completion of this VILT course, participants will be able to:
- Understand the options to be for the type of contracts used in projects
- Discuss and apply decision-making criteria in tendering for EPC, EPCM and EPIC contracts
- Learn contracting fundamentals, contracting types & methods
- Understand legal jargon used in EPC contracts
- Understand FIDIC Standard Contracts used in EPC
- Gain insight in to Design Liability and FEED ENDORSEMENT
- Learn Best Practices in dealing with Variation
- Understand how to develop Contract Administration Plan (CAP)
- Learn how to deal with Claims & Claims Management
- Understand types and consequences of Termination- how to avoid claims in the event of Termination of Contract
- Learn types of Insurance
- Discover how to mitigate risk and identify the areas of potential claims
- Understand Dispute Resolution Process
- International Best Practices
This VILT course is suitable and will greatly benefit for the following specific groups:
- Commercial Heads
- Project Development Engineers
- Bidding Managers
- Tendering Managers
- Cost Control Managers
- Claims Managers
- Structural Engineers
- Technical Managers
- Cost Engineers
- Cost Estimation Engineers
- Scheduling & Planning Managers
- Product Development Engineers
- Quality & Process Improvement Managers
- Procurement Managers
- Business Development
- Anyone interested in upgrading their knowledge on EPC Contracts
The VILT course will be delivered online in 5 half-day sessions comprising 4 hours per day, with 2 breaks of 10 minutes per day.
Course Duration: 5 half-day sessions, 4 hours per session (20 hours in total).
Your expert course leader has over 20 years of experience in dealing with corporate, civil, construction and labour law matters. He has extensive knowledge and experience in all aspects of contract drafting, contract negotiations, contract/procurement management, project finance, risk management, outsourcing contracts, international commercial contracts, proposal writing, statement of work (SOW) drafting and vendor management. He has to-date conducted more than 200+ corporate training courses.
He previously worked for MB holding LLC, Muscat Oman from 2003 to 2006, an Omani multinational company and was involved in advising and vetting transaction documents of value US$ 40 million with International Finance Corporation (IFC)). He gained international experience while working with MB and has travelled widely to countries like Malaysia, Norway, U.K, U.A.E, Qatar, Kuwait Yemen, Bahrain, Sri Lanka and Bangladesh.
He was Legal Counsel for Schlumberger in 2006 to 2008 and has extensive experience dealing with tender, bids, proposals, RFP, RFQ, ITB and other contract documents. In course of his employment with Schlumberger he was involved in several high-ticket contracts to the value of one billion US$. His last assignment was with Damac Holding LLC (Dubai) and Petrofac International (Sharjah) as Legal Manager and Advisor.
He has immense exposure on topics like: Contract Management, Managing Outsourcing Contracts, Managing Construction Contracts, EPC contracts, FIDIC contracts, Contract Negotiations, Legal Project Management, Anti Money Laundering, Anti Bribery law, Business Ethics, Report Writing and Loan Documentation.
To further optimise your learning experience from our courses, we also offer individualized “One to One” coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster.
Request for further information about post training coaching support and fees applicable for this.
Learn what past participants have said about PetroEdge training courses
Thank you for the very interesting presentation that added a lot of value to my contractual experience
Former Senior Contracts Administrator at SAIPEM, KSA
Thank you for taking us through the 2-day FIDIC Contract Conditions at Mitsubishi Power
Asst. General Manager-I&C Engineering, Mitsubishi Heavy Industries
Excellent, presentation and content. He was best at his practical aspects. Very well organized. Overall, an excellent event