Local Content Management in the Oil and Gas Industry

Introduction

Local Content is the development of local skills, oil and gas technology transfer, and the use of local manpower and local manufacturing. This  Local Content Management in the Oil and Gas Industry training course 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 a 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 to offer all stakeholders suggestions on ways to help create shared value through local content development.

This training course 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 over 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

By the end of the course, participants will be able 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 implementing of local content strategy and execution of a local content management plan, take part in a procurement contract tendering, negotiation, and follow-up, 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 on 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

Training Methodology

This is an interactive course. There will be open question and answer sessions, regular group exercises and activities, videos, case studies, and presentations on best practices. Participants will have the opportunity to share with the facilitator and other participants on what works well and not so well for them, as well as work on issues from their own organizations. The online course is conducted online using MS-Teams/ClickMeeting.

Who Should Attend?

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

Course Outline

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