Clutching to effective specialised experience and expertise to review contracts and provide the upshot in a customized matrix
Event Date: 25-26 Feb 2009
Location: A Five Star Venue to be Announced Shortly, Jakarta, Indonesia
event overview
As oil and gas companies go into deeper and more volatile locations to discover resources, projects are becoming larger, costlier and far more risky. This is reflected in the contracting market environment, which is steadily becoming harder to navigate for both parties in a deal. Many difficulties faced operators and contractors in the drawing up and maintaining of a successful contract: ambiguity of wording, a lack of alignment in either side’s perspective, risk allocation, risk variance between countries and often most importantly, the adapting of a contract to changing project needs.
As oil and gas companies go into deeper and more volatile locations to discover resources, projects are becoming larger, costlier and far more risky. This is reflected in the contracting market environment, which is steadily becoming harder to navigate for both parties in a deal. Many difficulties faced operators and contractors in the drawing up and maintaining of a successful contract: ambiguity of wording, a lack of alignment in either side’s perspective, risk allocation, risk variance between countries and often most importantly, the adapting of a contract to changing project needs.
It’s proven that contract management is a strategic process integral to corporate strategy and directly contributing to the organization’s competitive advantage. Organisations that have successfully re-assessed their contractor’s management processes have confirmed the fact that effective contracts depend to a great extent on the processes used to create those contracts and the compliance by the contractors.
Thus, in order to award and successfully manage effective contracts, organizations must have a disciplined, capable and mature contractors management process in place.
In such a volatile business climate as is now, it is of utmost importance that contracts, contractors and processes are well defined in order to protect an organization’s cash flow, ensure high performance and competitiveness as well as comply to regulations and laws.
Key Topics
- Steering the method to clutch improved customer relationship management solution in strengthening profit margins
- Hedging to an adaptive procurement scheme for improved agility by contractors
- Projecting improved strategies to face global economic crisis and cost fluctuations for a promising client-contractor affair
- Resolving the challenges in insurance and understanding the liabilities in legal risk management
- Encouraging a positive HSE (Health and Safety) to avoid legal infringements and lowering the work place hazard
Key Features
- Understanding the legal development in the oil& gas industry to make informed decisions regarding amending contracts confidently.
- Keeping a close eye towards the need of risk management and insurance to analyse and appraise of difference in contracts relating to variations, time, money & defects
- Maintaining a safe work environment, which is compliant to the understanding of contract management process that underpins the drafting of safety in the contracts
- Draft an effective contractual provision that extends company’s key transactions where solid understanding of the nuances of contract law is critical for all phases of the contracting process
Featuring case study and expert presentations by:
- Alan Frederick (Head of Legal Council, BP Migas)
- Alan Frederick (Head of Legal Council, BP Migas)
- Sampe L Purba (Manager of Planning & Budgeting, BP Migas)
- Christian Placines (Vice President Projects Development, PT Total E&P)
- Kumar Ramu (Chief Finance Controller, Huntsman Tioxide)
- Fredie Yumang (Head of Engineering & Maintenance, Petron Corporation)
- Bahjet Zayed (Manager of Drilling Workover, Saudi Aramco)
- Yusoff (Senior Manager Contractor Coordination, BASF Petronas)
- Zainudin Zulkifli (Senior Maintenance Manager, Shell)
- Norman Bissett (Foreign Legal Consultant, Hadiputranto, Hadinoto & Partners)
- Dr.Kurtubi Director (Center for Petroleum and Energy Economics Study (CPEES))
- Capt. Melvin D'Cruz (Marine Manager, BP E&P)
- Mark Eshwar (Business Development Manager, UB Energy)
- Arslan Yatim (Support Services Manager, Weatherford)
Contact Information
Event Contact
Contact Name: Miss Carmen Lau
marcus evans,
CP 21 Suite 2101, Level 21 Central Plaza
34 Jalan Sultan Ismail, 50250 Kuala Lumpur
Telephone: 0060327236763
Fax: 0060327236699
Email: CarmenL@marcusevanskl.com
marcus evans,
CP 21 Suite 2101, Level 21 Central Plaza
34 Jalan Sultan Ismail, 50250 Kuala Lumpur
Telephone: 0060327236763
Fax: 0060327236699
Email: CarmenL@marcusevanskl.com
Sponsorship Contact
Contact Name: Tafline Tay
4 Battery Road
#13-01, Bank of China Building
Singapore 049908
Telephone: +65 6720 0620
Fax: +65 6720 0621
Email: taflinet@marcusevanssg.com
Contact Name: Tafline Tay
4 Battery Road
#13-01, Bank of China Building
Singapore 049908
Telephone: +65 6720 0620
Fax: +65 6720 0621
Email: taflinet@marcusevanssg.com