Local Content Oil and Gas Training

Course Length: 5 Days Course
Description:

This
Local Content Oil and Gas Training course
has been specially
designed for participants to be able to understand how the Local Content can create value
in the host countries in which they operate
by:

·        
Developing a competitive workforce and businesses, to provide cost effective, reliable and quality human resources and
procurement solutions for the country’s oil and gas projects oil & gas
value chains

·        
Supporting the transformation of a host emerging
economy to economic diversification

·        
Developing competitiveness and building the technological capacities of firms located in geographical proximity to
extractives projects, by facilitating the development of regional clusters and
industrial parks

·        
Meeting host community expectations by developing
skills and access to broader opportunities for local communities;

·        
Creating sustainable economic benefits beyond the
oil & gas sector

Who Should Attend:

The course is designed for anyone involved in managing and
implementing Local Content strategies in:

·        
Oil and Gas Companies

·        
EPC Companies, Contractors and Sub Contractors

·        
Government and regulatory authorities

·        
Industrial Development Agencies and International organizations

·        
Project Financiers and Legal Communities

·        
Process Equipment and Control Suppliers

Course Outline:

Local
content value creation definition for host countries:

·        
Undertake the country context
review and identification of the risks and opportunities associated with developing
Local Content

·        
Understand the legal, regulatory and contractual requirements that
companies are bound to comply
with, the expectations and higher-level public
policy that lies behind these

·        
Alignment of companies Local Content value
proposition with the host country’s industrial and economic development
policies to streamline efforts, ensure long- lasting support from government
and promote sustainable in-country value along all stages of any oil & gas project lifecycle
and beyond through
the entire oil and gas value
chain

Collaboration and Partnerships
on Local Content Strategies

·        
Engage and collaborate with those who share an interest in ensuring Local Content

programmes
do create ‘shared value’

·        
Conduct an aggregated industry workforce and
goods/services demand and a supply analysis to identify what can be implemented
during projects life cycles

·        
Design a collaborative strategy setting out the high-level objectives and definitions for Local Content endorsed by stakeholders, outlining respective
stakeholder roles and responsibilities

Rule of
engagements for government and regulators:

·        
Local content strategy
definition: Detail requirements including overall objectives and boundary conditions, clear and effective policies, guidelines and monitoring processes

·        
Managing risks and spotting opportunities: prepare
and periodically review policies, strategies, acts and regulation, set targets
and monitor results, strengthen legal and regulatory frameworks

·        
Synergy with country
economic development plan and most pressing social
economic challenges: communication and alignment with other key
stakeholders the country plans and range of benefits that can be gained through
Local Content programs

Local Content strategy for
individual oil and gas companies

·        
Company’s local content strategy definition:
business case, expression of the company’s commitment to the collaborative
strategy, based on factual analysis, quantifies trade-offs, describes a narrowly focused
set of objectives for an internal
action plan, sets local content
targets for goods and services
and human resources positions, and defines the
resourcing and organizational structures and systems required to deliver

·        
Managing risks and spotting opportunities: local
market opportunity and risk analysis required before giving ‘preference’ to
local businesses (even when mandated), including assessing the risk of
unintended consequences and mitigations

·        
Finding balance between competiveness advantage and
corporate responsibility: Communicating opportunities, simplifying procurement
and contracting process, collaborative industry approaches to supplier
pre-qualification, involving lead contractors/suppliers, and identifying and
managing corrupt practices risks, monitoring & evaluation.

Cases studies
and examples of successful collaborative initiatives and partnerships between
Local Content key stakeholders to address key gaps across the oil and gas value chain: