Contract Management in Offshore and Marine , EPCIC and Shipyard
Marine & Offshore · 5 Days · Public · Al-Khobraa certified · From USD 3,900
Overview
For complex offshore and onshore projects, the preferred contract module used is the EPCIC (Engineering, Procurement, Construction, and Installation & Commissioning) Contract. Understanding the allocation of risk by mastering the ins and outs of EPCIC contracts will prove to be a valuable tool in driving effective contracting strategies to minimize liabilities.
Learning Objectives
Understand the current global, local and financial environment for EPCIC contracts and assess operational, commercial, legal and financial risks in EPCIC contracts
Examine and analyze the difference between EPCIC contracts & EPCM and appreciate the underlying legal principles
Appreciate the essential element of the different contract stages from pre to post tender to completion and delivery of project
Address key issues faced during the project lifecycle and how to tackle these through enforceable contractual clauses
Avoiding drafting pitfalls and ambiguous contractual terms
Who Should Attend
This course is suitable to a wide range of professionals but will greatly benefit Contracts Professionals and Project Managers operating in complex offshore and onshore projects in marine and shipyard construction and engineering, whether a beginner or intermediate levels and also:
Commercial Contract Professionals
Commercial Operation Professionals
Contract Engineers
Procurement Supply Chain Professionals
Risk Manager / Contract Risk Professionals
Commercial Contract Professionals
Commercial Operation Professionals
Contract Engineers
Procurement Supply Chain Professionals
Risk Manager / Contract Risk Professionals
Course Outline
Day 1 — EPCIC Overview, Legal Framework & Contract Structure, and Risk Allocation Competency Description : Full understanding of the general rules o
Gain the basic knowledge of contract structure.
Understanding key commercial risks and to review project risks
Analyze the rights and obligations of parties to these types of contracts
Considers the rights and responsibilities of parties following contractual or common principles
Day 2 — Tender Process Leading to an EPCIC Contract Competency Description : Gain competency in the tender process and appreciate the importance of
Know the full range of tender processes that could be adopted for different projects in order to choose the best tender for the project
Manage and coordinate contract administration resources for bids and projects to ensure project success
Appreciate the value of exceptions in the bid process and whether variant bids should be considered if it offers better value for money
Effective due diligence in the selection of tenders
Day 3 — Negotiating Essential Contractual Terms of EPCIC Contracts Competency Description : Enhancing the knowledge of the legal principles governin
Managing parties to an EPCIC contract including sub-contractors and suppliers
How to deal with the limiting of liabilities and drafting of appropriate indemnities and limitation of liabilities clauses to safeguard parties’ interests
Understanding the essential terms of the contract that impact contract success.
Mitigating risks inherent in EPCIC contracts including interface issues through well-drafted contractual terms
Day 4 — Essential Aspects of Risk Management Strategies Competency Description : The proactive management of risks throughout the project lifecycle
Consider risk management as a series of steps whose objectives are to identify, address, and eliminate risks before they become either threats or a major source of expensive rework
Avoiding problems by providing early warnings of the high-risk elements of the project
Choosing to be reactive or proactive about these problems
Project teams to avoid being reactive and in a crisis-driven, fire fighting mode leading to difficulty in resolving any serious problems causing extensive modification and or big delays
Day 5 — Contract Completion – Critical Issues Competency Description : All parties involved in contracts have a vested interest in on-time performan
Dealing with contract delays
Managing time and money claims and managing claims disputes
Determining when contracts have achieved substantial completion of contracts
Learning best practices relating to Project Close-Out including administrative closure and contract closure
Accreditation
Al-Khobraa certified. On completion delegates receive an Al-Khobraa certificate of achievement.
What do Al-Khobraa marine and offshore courses cover?
The portfolio covers offshore safety and survival, marine and vessel operations, dynamic positioning, port and terminal operations, marine cargo handling, offshore installation and rig operations, and marine inspection and maintenance — aligned with international maritime standards.
Who should attend a marine or offshore course?
These courses suit marine and offshore engineers, vessel and rig crews, port and terminal operations staff, marine superintendents and surveyors, offshore HSE personnel, and logistics or contractor teams supporting offshore installations.
How long are marine and offshore courses, and where are they held?
Most Al-Khobraa marine and offshore courses run over 5 days. The exact duration, dates and city for this course are listed in the dates section on this page. Public sessions run across Saudi Arabia — Riyadh, Jeddah, Al-Khobar, Jubail and Yanbu — as well as regional and international venues, with live virtual classrooms available on request.
What certificate will I receive?
Delegates who complete the course receive an Al-Khobraa certificate of completion, issued by a Saudi-registered training provider. Al-Khobraa also delivers internationally accredited programmes; where a course carries an external awarding body such as PMI, CIPS, ILM or IOSH, that body is named on the course's own page.
Can marine and offshore training be delivered in-house for our team?
Yes. Any Al-Khobraa marine and offshore course can be delivered in-house at your own premises anywhere in Saudi Arabia or the GCC, with the content, dates and language of delivery tailored to your team. Al-Khobraa is an approved HRDF (Hadaf) provider, so eligible Saudi employers can seek training support. Contact us for a quotation.