Contracts can be difficult to plan and administer, leaving value on the table and causing difficulties in compliance monitoring. This program is designed to develop Contracting and Procurement skills beyond routine procurement with a special focus on how to improve value delivery and compliance across both existing Contracting and Procurement and for new projects. It is aimed at energy company employees as well as regulators on the government side, encompassing all procedures and components of the contracting cycle, common pitfalls and improvement opportunities from Contract and process design through implementation. The program is based on a core IOC Contract Management Course with extended coverage in the following areas:
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This program is ideal for a group of Contract Holders, CP staff and domain specialists (HSE, Local Content, Financial Analysts, Legal Analysts, Project Management staff, etc.). The cross-discipline backgrounds would enable team building around organizational synergies and cross-functional communication, critical to contract management and procurement activities. A mix of experienced and junior staff is also ideal from the learning and the development perspective.
Along with subject matter lectures, the course also includes interactive exercises, enabling instructors to fully explain and establish all the fundamentals as well as practical aspects of contract management and associated processes.
Knowledge checks are included on a daily basis, giving the participants the opportunity for a recap of previous topics, each morning. The knowledge checks also offer a more robust basis for the Completion of Training Certificates.
The fundamental principles and practices that guide responsible procurement and supply management, covering the importance of integrity, fairness, and transparency in supplier relationships, as well as compliance with legal, regulatory, and organizational standards. Learners will explore how ethical procurement minimizes risks such as corruption, conflict of interest, or exploitation, while also building trust with stakeholders. The session highlights global frameworks, codes of conduct, and case examples that demonstrate how ethical decision-making supports long-term business resilience and reputation.
This session explores how sustainability considerations are integrated into procurement contracts to balance business needs with social and environmental responsibility. Participants will learn how to incorporate requirements that reduce environmental impact and enhance resource efficiency. The focus is on drafting, negotiating, and managing contracts that drive supplier accountability while aligning with global sustainability standards and organizational ESG goals.
