Local Content Management in the Oil and Gas Sector

£5,950.00

Join this Training
Start
January 1, 2025
End
January 5, 2025

# Introduction

Local Content refers to the development of local skills, the transfer of oil and gas technology, and the utilization of local manpower and manufacturing. This training course on Local Content Management in the Oil and Gas Industry will explore the business benefits of establishing a local content strategy, focusing on building local workforce and supplier capacity, integrating local content into business plans, and effectively monitoring programs. Whether you’re developing your policy from scratch or looking to enhance existing local content models, this course offers practical insights tailored to your region.

Participants will gain a comprehensive understanding of local content in relation to oil and gas projects. The course aims to assist in building local workforce and supplier capabilities while implementing and sustaining successful local content strategies. Additionally, it will provide practical advice for oil and gas businesses on maximizing the value of local content and offer stakeholders suggestions for creating shared value through local content development.

### Key Highlights of the Course

– Essential factors in local content provisions
– Exploring themes such as skills development programs and local content performance management
– Assessing the impact of local content provisions on oil field development projects
– Developing a local content management plan
– Negotiating local content provisions within a contractual framework

### Objectives

By the end of this training course, participants will be able to:

– Identify key factors in local content provisions relevant to specific contracts and assess their impact on oil field development
– Participate in the development and implementation of local content strategies and management plans, including procurement contract tendering and negotiations
– Navigate local content regulations in key oil and gas-producing countries worldwide
– Understand the latest updates to local content calculation methodologies and their implications for projects and planning
– Create a local content management plan
– Enhance internal management of local content across the supplier base

### Training Methodology

This course will be delivered by an expert presenter with extensive experience and discussions with policymakers, industry leaders, and contractors worldwide. The GLOMACS training will combine presentations with practical case studies and interactive exercises, ensuring ample opportunities for participants to engage with the core principles of Local Content Management in the Oil and Gas Industry.

### Organizational Impact

Learning from both successes and failures, this training will utilize real-world examples of best practices to enhance your team’s chances of success. Through practical examples, discussions, and interactive exercises, your team will acquire the skills and confidence necessary to manage Local Content effectively within your organization.

### Personal Impact

Participants will learn and practice techniques for:

– Evaluating local content elements in the context of regulations, industry policy, commercial interests, and sustainable development
– Understanding the current landscape of local content regulations in countries such as Brazil, Nigeria, Kazakhstan, Indonesia, Australia, and China
– Formulating contracting strategies aligned with local capabilities
– Simulating the tender evolution of local content
– Establishing metrics for measuring and reporting local content performance

### Who Should Attend?

This training course is designed for managers in the oil and gas sector, including those from National Oil Companies (NOCs), regulatory authorities, and ministries, as well as professionals from International Oil Companies (IOCs) operating under local content requirements.

It 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

### Course Outline

**Day 1: Introduction to Local Content in the Oil and Gas Industry**
– Overview of the Oil and Gas Industry
– Defining Local Content
– Context and Current Trends in Local Content Regulations
– Perspectives of International and National Oil Companies

**Day 2: Local Content in Procurement and Contracts**
– Understanding Local Content Policy Provisions
– Strategies for Quick Wins: Procurement from Local Suppliers, Workforce Development, and Technology Transfer
– Building Human Capacity
– Creating a Competitive Supplier Base and Community Participation

**Day 3: Developing a Local Content Plan**
– Approaching National Content Plans
– Implementation, Measurement, and Monitoring of Local Content
– Group Session: Local Content Strategy from a Company Perspective
– Corporate Social Responsibility and Local Content Agenda

**Day 4: Local Content Management Plan (LCMP)**
– Challenges and Solutions in Nationalizing Workforce and Suppliers
– Maximizing Commercial Success with Local Content
– Quick Wins in Supplier Development
– Developing and Managing a Local Content Management Plan

**Day 5: Negotiation and Drafting of Local Content Provisions**
– Contract Drafting and Negotiation Techniques
– Measuring Local Content with Balanced Scorecards and Other Tools
– Impacts of Local Content Provisions on Procurement Contracts
– Tendering Processes and Recommendations for Awarding Contracts
– Managing Workforce Employment, Training, and Education within Local Content Frameworks

Local Content Management in the Oil and Gas Sector

£5,950.00

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